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The latest business venture of Penta founder Lav Odorovic, Relio, has raised €3 million.

Relio, a Zurichbased fintech startup, has raised €3 million in funding to support the launch of a digital payment account for business customers. La

Relio, a Zurichbased fintech startup, has raised €3 million in funding to support the launch of a digital payment account for business customers. Lav Odorovic, the CEO of the Swiss company, previously founded Penta, a neobank for SMEs in Germany that was acquired by Qonto. Relios first offering will be a digital payment account for business customers based on the companys AntiMoneyLaundering AML tech stack, which automates a number of compliance processes while also managing and minimising criminal activity. These checks are performed by Relios automated compliance system, which eliminates the possibility of human error. Read More..

B2B Tech News | 2 months ago        

Alii, a platform that detects invoice fraud, receives preSeries A funding of $21 million.

PreSeries A fundraising for Brisbanebased Alii totaled $2.5 million, with Maranello Capital being the rounds backer. With the investment, the company

PreSeries A fundraising for Brisbanebased Alii totaled $2.5 million, with Maranello Capital being the rounds backer. With the investment, the company will hire 18 more employees, strengthening its customer engagement and sales teams. According to Alli, in the past year, its customer base has grown by 240%. Last fiscal year, cybercrime cost Australian firms $98 million, with mediumsized enterprises being the hardest hit. With the most recent round of fundraising, the companys postfunding valuation has increased to $10.25 million. Read More..

B2B Tech News | 2 months ago        

By raising $61 million, Creative Fabrica is able to assist more artists in finding riches in niches .

a social network for designers and craftsmen established in Amsterdam In an expansion round, Creative Fabrica has raised $61 million. The platforms de

a social network for designers and craftsmen established in Amsterdam In an expansion round, Creative Fabrica has raised $61 million. The platforms designer network will be further developed, its creative generative AI toolkit will be expanded, and a worldwide talent drive will be promoted with the use of capital. Sales of Creative Fabrica occurred in 175 nations in the previous month alone. launched CF Spark, a collection of tools that create content through texttoimage using generative AI. Over 15 million photos were produced by customers using Spark in the last three months. Read More..

B2B Tech News | 2 months ago        

According to rumors, Microsoft is in discussions to invest $10 billion in OpenAI, the company that owns ChatGPT.

According to Liz Hoffman and Reed Albergotti of Semafor, Microsoft is in negotiations to purchase a 49% share in OpenAI, a company that does artificia

According to Liz Hoffman and Reed Albergotti of Semafor, Microsoft is in negotiations to purchase a 49% share in OpenAI, a company that does artificial intelligence research. According to them, the investment would put a $29 billion value on OpenAI. Its unclear whether the agreement has been finished yet, but it was supposed to conclude by the end of 2022. Microsoft stated to Insider that it does not comment on rumours. Read More..

B2B Tech News | 2 months ago        

Tesla is offering discounts on electric cars in its Singapore warehouse

A company sales representative announced on Monday that Tesla TSLA.O has started providing discounts to electric vehicle buyers in Singapore who agree

A company sales representative announced on Monday that Tesla TSLA.O has started providing discounts to electric vehicle buyers in Singapore who agree to purchase existing inventory of the Model 3 or Model Y. For those who buy an electric car from Tesla and trade in an old internal combustion vehicle, they will receive a $5,000 discount. Additionally, they will receive a $5,000 credit toward the cost of the Singapore driving licence. Additionally, Tesla will offer the wall connector for charging for qualified buyers who have a space for house installation, however the customer is still responsible for the installation fees. Read More..

B2B Tech News | 2 months ago        

Enya Resources continues to invest in Libero Copper & Gold

A third investment was made in Libero Copper & Gold Corporation TSXVLBC, OTCQBLBCMF by Anglo Asian Mining PLC AIMAAZ, OTCAGXKF, which paid $390,000 fo

A third investment was made in Libero Copper & Gold Corporation TSXVLBC, OTCQBLBCMF by Anglo Asian Mining PLC AIMAAZ, OTCAGXKF, which paid $390,000 for 2.6 million shares at $0.15 each. The investment, which is a part of a recently started private placement, keeps the companys ownership stake in Libero at 19.8%. The Mocoa and Esperanza copper porphyry prospects in Colombia and Argentina, respectively, will use the roughly C$2 million in gross proceeds from this placement for exploration. Read More..

B2B Tech News | 2 months ago        

Oxford Ionics raises £30m to tackle scalability challenges in quantum computing

30 million pounds have been raised for Oxford Ionics in a Series A fundraising round. intended to hasten the adoption of startups solution to the scal

30 million pounds have been raised for Oxford Ionics in a Series A fundraising round. intended to hasten the adoption of startups solution to the scalability issue. In the trapped ion technique, charged atomic particles, sometimes known as ions, that are employed to store qubits are in stable electronic states. Electronic Qubit Control EQC from Oxford Ionics enables the manipulation of qubits with little noise and unequalled dependability. Because any semiconductor chip can be equipped with an Oxford Ionics processor, any semiconductor fab in the world may produce these chips at scale, right now. Read More..

B2B Tech News | 2 months ago        

Thoma Bravo continues to invest

Equinix intends to join the South African market by investing $160 million in a data centre there. ISP service provider Opentel was purchased by Redwi

Equinix intends to join the South African market by investing $160 million in a data centre there. ISP service provider Opentel was purchased by Redwill ICT. A $4.2 billion lawsuit brought by Turkcell against MTN was dismissed by the High Court of South Africa. The undersea cable known as 2Africa, which will link Asia, Europe, and Africa, has arrived in South Africa. A Kenyan company called Cellulant is opening a company in South Africa to offer financial services. Read More..

B2B Tech News | 2 months ago        



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1.  Global online sales are predicted to reach 22% of all retail sales in 2023.
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2.  Global tablet shipments are expected to hit 142 million by 2025, reports Statista.
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3.  Artificial Intelligence is expected to contribute $15.7 trillion to the economy by the year 2030.
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