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Microfinance Summary Kuunda is raising $ 2 million to expand its shortterm financial model for mobile agents, retailers and consumers to seven African countries.

Kuunda, a Mauritiusdomiciled financial technology company Fintech, has completed its initial investment with a new investment of $ 2.25 million. Other

Kuunda, a Mauritiusdomiciled financial technology company Fintech, has completed its initial investment with a new investment of $ 2.25 million. Other investors include FINCA Ventures, Future Africa, Launch Africa, Kepple Africa Ventures, Magic Fund, Greenhouse Capital, Mercy Corps Ventures, and Seedstars. The fund is assumed to improve Kuundas ongoing operations in Tanzania and Pakistan and expand to the Democratic Republic of the Congo, Egypt, Malawi and Mozambique., Nigeria, Uganda, and Zambia. Read More..

B2B Tech News | 3 years ago          

Astronomers discover supermassive black hole hiding in the universes most energetic object.

Astronomers from Argentina, Spain, Italy, USA, and India discovered the binary supermassive black hole system in the gravitationally lensed blazar. Th

Astronomers from Argentina, Spain, Italy, USA, and India discovered the binary supermassive black hole system in the gravitationally lensed blazar. They have launched a global optical photometric monitoring campaign dubbed the Whole Earth Blazar Telescope WEBT. An intensive multiwavelength WEBT campaign will be conducted during this period. The blazar AO 0235+164 is the first binary SMBH gravitationally lensed system, which will be a strong candidate for gravitational waves detection. Read More..

B2B Tech News | 3 years ago          

IMF Only a flexible exchange rate can save Kenya from currency shock.

After falling to 117.04 on Friday, the shilling set a new record low versus the dollar. The Kenyan currency has been harmed by the strengthening of th

After falling to 117.04 on Friday, the shilling set a new record low versus the dollar. The Kenyan currency has been harmed by the strengthening of the US dollar, which has gained 6.8% since the beginning of the year. According to the International Monetary Fund IMF, a flexible exchange rate will help Kenyas economy withstand external shocks. Despite devaluation of the shilling, the Central Bank of Kenya CBK remains committed to a flexible exchange rate regime and will not deviate from this policy. Read More..

B2B Tech News | 3 years ago          

Ekata won the Technology Excellence Award for API.

Ekata launched its Account Opening Solution that identifies potential fraudulent customers from good customers. The solution helps analyze fraudsters

Ekata launched its Account Opening Solution that identifies potential fraudulent customers from good customers. The solution helps analyze fraudsters before they can set up an account. The only requirement a phone or email and an IP address to make a risk assessment, companies can maintain lowfriction signup flows. Account Opening Solution, a global fintech company contributing a Buy Now, Pay Later BPNL payment platform, optimized its onboarding workflow. The company was able to block fraudulent and highrisk applicants early in the onboarding process. Ekatas solutions have empowered thousands of businesses as well partners to combat cyber fraud. Read More..

B2B Tech News | 3 years ago          

Hilton has announced plans to open Hampton via West Wien City in Austria.

Hilton has announced plans to open one of the largest Hampton hotels in the world with the Hilton Hotel in Vienna. The new complex is scheduled to ope

Hilton has announced plans to open one of the largest Hampton hotels in the world with the Hilton Hotel in Vienna. The new complex is scheduled to open in the autumn of 2024 as part of a new € 40 million increase. Behind the project is Primestar Hospitality GmbH, which has several ownership agreements with Hilton in Germany. Chanbron Palace is one of the largest Baroque castles in Europe, a 20minute walk from Hampton via West Hilton Wayne City. Read More..

B2B Tech News | 3 years ago          

After India, Telegram is now helping Brazil in combating fake news.

President Jair Bolsonaro met the vice president of telegram Ilya Perekopsky and , therefore, the legal representative of the messaging app in Brazil,

President Jair Bolsonaro met the vice president of telegram Ilya Perekopsky and , therefore, the legal representative of the messaging app in Brazil, Alan Thomaz at Palacio do Planalto. In Brazil, Justice and social networks have been engaged in a relationship of dialogue to address some of the conflicts around the embrace of practices to prevent the dissemination of false information. In India, the telegram has worked closely with the Press Information Bureau and Ministry of information and Broadcasting to help the governments initiatives curb the menace of fake news. Read More..

B2B Tech News | 3 years ago          

Milpitas Communications startup Eltropy acquires video calling company POPio.

Eltropy Inc., which helps credit unions digitally communicate with their customers, has acquired POPio Mobile Video Cloud LLC. The Utahbased company p

Eltropy Inc., which helps credit unions digitally communicate with their customers, has acquired POPio Mobile Video Cloud LLC. The Utahbased company provides video calling software for the banking industry. Eltropy CEO Ashish Garg Were empowering credit unions to build robust virtual branch capabilities. Read More..

B2B Tech News | 3 years ago          

Kenya is committed to transforming education by transforming rural areas.

Kenya is among three countries in the region implementing a project on strengthening the Knowledge and Innovation Ecosystem for Inclusive Rural Transf

Kenya is among three countries in the region implementing a project on strengthening the Knowledge and Innovation Ecosystem for Inclusive Rural Transformation and Livelihoods in Eastern Africa AIRTEA. The project is being carried out in Kenya, Uganda, and Rwanda. It aims to achieve a sustainable agricultural livelihood and rural transformation by fostering an inclusive innovation environment. The project is being funded by the European Union for Sh595 million EURO 4.8 million with 85 percent from the donor and 15 percent from consortium partners. In Kenya, Uganda, and Rwanda ,11 thirdparty projects with different allocated budgets will be selected to support each project in the livestock, dairy, fertilizer, crop, and fisheries sectors. Read More..

B2B Tech News | 3 years ago          



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