A decade ago, SumUp was one of the army of fintechs that made names for themselves with dongles that turned basic smartphones into card payment terminals. Today, the London-based company has expanded into a wider range of business services that are used by some 4 million small
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A long-running EU engagement with TikTok — initiated following a series of complaints over child safety and consumer protection complaints filed back in February 2021 — has ended, for now, with the video sharing platform offering a series of commitments to improve user reporting and disclosure requirements
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In recent years, there’s been an explosion of tools that allow businesses to connect, transform, analyze and serve data from all kinds of sources. Combined with the increasing pressure on businesses to digital transform their operations, this can lead to a patchwork of solutions that aren’t easy
Read more →Zenysis Technologies, a big data startup headquartered in San Francisco and Cape Town, announced today that it has closed $13.3 million in a Series B round. The financing was led by the Steele Foundation for Hope, a nonprofit organization that says it’s focused on finding and funding lasting
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In mid-May, Wingcopter announced an extremely ambitious plan to deploy some 12,000 of its fixed-wing UAVs in Sub-Saharan Africa over the next half decade. As far as drone delivery markets go, it certainly makes sense, targeting users in remote areas that can often be hard to reach
Read more →While Africa’s health systems are still reeling from the effects of the COVID pandemic, the adoption of digital health services has been revved in some countries. Telemedicine, the standout offering, witnessed massive adoption during the pandemic, and in the last five years, no other service has been
Read more →Google has quietly dropped its appeal in France against an antitrust fine of half a billion euros levied against it last summer for major breaches in how it negotiated to remunerate local news publishers for displaying copyrighted content. A major reform to European Union rules around digital
Read more →Singapore-based Stashfin has raised $270 million in a new funding round as the neobanking platform, which currently only serves customers in India, looks to expand to Southeast Asia and other South Asian markets, it said Tuesday. The startup has raised $70 million against equity and $200 million
Read more →Germany’s competition regulator is looking into possible abuses related to how Google operates its Maps product. It’s the latest proceeding the Federal Cartel Office (FCO) has opened against Google — with earlier (ongoing) investigations into the tech giant’s News Showcase licensing practices and its data terms. However the
Read more →LeadSquared, a SaaS startup that is helping sales teams become more efficient with its CRM platform, is the latest Indian startup to become a unicorn. LeadSquared said on Tuesday it has raised $153 million in a Series C funding round that valued it at $1 billion (post-money).
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