Twilio buys Segment, and Airkit raises $28M for its low-code platform

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast where we unpack the numbers behind the headlines.

This is Equity Monday, our weekly kickoff that tracks the latest big news, chats about the coming week, digs into some recent funding rounds and mulls over a larger theme or narrative from the private markets. You can follow the show on Twitter here and myself here — and don’t forget to check out last Friday’s episode.

So, what was on our minds this morning?

  • Headlines: The Twilio-Segment deal is real, happening, and is priced about where we expected. Big names in the ex-China Internet want to make encryption worse. And, how the United States government would break up Google is becoming clearer by the week.

  • On the Twilio Segment deal, as TechCrunch and Forbes anticipated, the transaction came in around $3.2 billion, forming something of a API monster from their combined

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Capco Announces PlatformZero, a Cloud-Based, Low-Code Digital and Automation Solution for Financial Services Institutions

Capco’s PlatformZeroSM eliminates back-office inefficiencies and helps financial institutions improve digitization across the enterprise

Capco, the global management and technology consultancy, today announced the launch of PlatformZeroSM, a fully cloud-based digital and automation solution focused exclusively on the financial services industry. PlatformZero is designed to increase efficiency and eliminate high-cost processes across the back office and improve control and service for end-to-end process digitization.

PlatformZero’s low-code solution helps financial institutions sell and service their clients more effectively. PlatformZero provides a wide range of digital, automation, and integration features and is fully customizable for banking, wealth and insurance industries. It can also be used to provide a better employee experience, resulting in enhanced productivity and significant cost reductions. With PlatformZero, organizations can rapidly onboard and achieve significant efficiencies without the delivery risk, cost and time associated with traditional programs.

Lance Levy, CEO of Capco, said: “Across the industry,

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