Rabawa, Africa’s first social and video commerce, secures $163,000 from Aptive Capital
Rabawa, Africa’s first social and video commerce, secures $163,000 from Aptive Capital Rabawa, Africa's first social and video commerce platform, announced today that it has raised $163,000 from Aptive Capital, a venture capital firm based in the United States of America focused on early stage startups. RABAWA's social and video commerce solutions enable resellers to use social media to curate, promote, and sell products from manufacturers and distributors to end users. Rabawa provides re.
Kenyan Insurance Tech, Lami Raises $1.8M Seed Funding to Expand its Solution Across Africa
Kenyan Insurance Tech, Lami Raises $1.8M Seed Funding to Expand its Solution Across Africa Africa has one of the lowest penetration rates of insurance in the world. According to a 2018 McKinsey study, penetration is approximately 3%. This is significantly less than the 7.23 percent global average. Lami Technologies, a Nairobi-based insurance startup, has raised $1.8 million in seed funding to help accelerate the adoption of its innovative technology across the continent. Accion Venture Lab le.
Internal emails reveal how badly Apple wanted to keep Netflix using in-app purchases
Internal emails reveal how badly Apple wanted to keep Netflix using in-app purchases Apple employees considered giving Netflix preferential treatment in order to persuade the streaming service not to abandon in-app purchases, according to internal emails revealed during the Epic Games v. Apple lawsuit. Prior to Netflix discontinuing its subscription service in order to avoid Apple's fees, an internal presentation proposed advertising Netflix in Apple's retail stores, using a portion of its cut .
Vodafone and Google Cloud collaborate to build the worlds first truly global integrated data platform
Vodafone and Google Cloud collaborate to build the world's first truly global integrated data platform Vodafone UK and Google Cloud have partnered to create an integrated data platform that will house the telco's SAP environments and all data analytics and business intelligence. According to both companies, the six-year strategic partnership will develop new digital products and services that will be rolled out to Vodafone's customers globally while leveraging reliable and secure data analytic.
Facebook Board’s on Trump Decision Could Have Wider Impacts
Facebook Board’s on Trump Decision Could Have Wider Impacts Since the day after the deadly riots on the U.S. Capitol grounds on Jan. 6, former President Trump's social media accounts have been silent — muzzled for inciting violence through the platforms' use as online megaphones. On Wednesday, his fate on Facebook, the world's largest social network, will be determined. Around 9 a.m. ET, the company's quasi-independent Oversight Board, will announce its decision. Facebook has 7 day.
Western Union $1.2 billion revenue in Q1 was driven by cross-border transfers as remittance inflows recovered
Western Union's $1.2 billion revenue in Q1 was driven by cross-border transfers as remittance inflows recovered Remittance flows have begun to recover globally following the devastating effects of the COVID-19 pandemic and the subsequent economic crisis. According to Western Union (WU), one of the world's largest international money transfer companies, its digital money transfer arm responsible for remittances increased by 45 percent in the first quarter of 2020 to a record $242 million. This.
Attracting and retaining of talent continues to be the primary challenge for Nigerian fintech startups
Attracting and retaining of talent continues to be the primary challenge for Nigerian fintech startups Ernst and Young, a professional services firm, has released a report on the state of fintech in Nigeria in collaboration with the Fintech Association of Nigerian (FinTechNGR). According to the Nigerian FinTech Census 2020 report (PDF), the most significant challenge facing Nigerian fintech startups is attracting and retaining talent. Naturally, the COVID-19 pandemic's impact on the hiring lan.
Ensibuuko, a Ugandan Fintech, Raises $1 Million to Drive International Expansion
Ensibuuko, a Ugandan Fintech, Raises $1 Million to Drive International Expansion Ensibuuko, a Ugandan fintech startup, has announced a $1 million funding round led by impact investor FCA Investments. Ensibuuko was founded in 2012 by Gerald Otim and Opio David to provide financial services to microfinance institutions more efficiently. These entities and savings communities automate their data, processes, and payments using the startup's Mobis software. According to the company, the platform i.
Twitter Expands Spaces for Users with 600+ Followers and Intends to Increase Revenue Through Ticketed Spaces
Twitter Expands Spaces for Users with 600+ Followers and Intends to Increase Revenue Through Ticketed Spaces If you're wondering why you don't see the Spaces feature on your Twitter dashboard, it's possible that you don't have enough followers to qualify. The Twitter team announced that Spaces would initially be available to anyone with a specified number of followers before being made available to everyone. One of Spaces' limitations is that users cannot search for and explore all live audio .
Top Business and Technology Trends in 2021
Top Business and Technology Trends in 2021 The first trend is a revolution in drug development, fueled by advanced Covid-19 testing and vaccine development. Covid shook up the pharmaceutical industry by making drug trials faster and easier. Numerous traditional clinical trials have been halted, or researchers have shifted to a virtual structure, conducting consultations online and collecting data remotely. Remote clinical trials and other changes have the potential to alter the development of .
