Tag: Startup

Yesterday, Fingo, a YC-backed Kenyan fintech, launched its neobank, which it developed in collaboration with Pan-African financial institution Ecobank Kenya. The Ecobank subsidiary unveiled the neobank, the first of its kind in the East African country, according to the pair, in an event with the country’s president, William Ruto, in attendance.  It’s taken a while…

Meesho has cut 15% of its workforce, or 251 roles, as the Indian social commerce startup pares its expenses to improve its financial health and confront the “economic reality.” This is the second round of job cuts at Meesho, which eliminated about 150 roles a year ago. The Bengaluru-headquartered startup, backed by Fidelity, Prosus, SoftBank,…

French startup Green-Got is building an alternative to your traditional bank account with a focus on climate change. Essentially, Green-Got guarantees that your savings and the money that is sitting in your bank account aren’t going to finance fossil fuel projects and other polluting industries. The startup recently raised a $5.5 million (€5 million) funding…

Microsoft is embarking on the next phase of Bing’s expansion. And — no surprise — it heavily revolves around AI. At a preview event this week in New York City, Microsoft execs including Yusuf Mehdi, the CVP and consumer chief marketing officer, gave members of the press including this reporter a look at the range…

Dozens of established players and newer entrants are competing to bring the most cutting-edge remote sensing data to customers. These companies may use hyperspectral, thermal, radar, or optical instruments – but none, as of yet, use light detection and ranging (lidar), a technology that’s best-known for its use in self-driving cars. Nuview, a geospatial technology…

Slack has evolved from a pure communications platform to one that enables companies to link directly to enterprise applications without having to resort to dreaded task switching. Today, at the Salesforce World Tour event in NYC, the company announced the next step in its platform’s evolution where it will be putting AI at the forefront…

GAFAM giants will have marked their calendars today as the Digital Markets Act (DMA), the European Union’s plan to curb the market power of Big Tech, now technically applies, after entering into force last November. The next major milestone is a few months out, in early fall, when the Commission will confirm which of the…

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In the high-stakes race for supremacy in the burgeoning field of generative AI, India’s bustling technology ecosystem is facing an uphill battle to catch up to global leaders. Despite being home to one of the world’s largest startup ecosystems, the South Asian economy has yet to make a material impact in the rapidly advancing AI…

Our global search continues, and today, we’re urging early-stage startups across Africa to apply for the Startup Battlefield 200 at Disrupt 2023. The application window closes on May 15 at 11:59 p.m. PDT. Africa: The Startup Battlefield 200 wants your startups SB 200 is the startup world’s preeminent competition, and it has a global reach.…