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To strengthen its presence in Colombia, Nubank secures a loan for US$150 million.

One of the biggest digital banks in the world, Nubank, based in Brazil, announced a US$150 million loan from the International Finance Corporation IFC

One of the biggest digital banks in the world, Nubank, based in Brazil, announced a US$150 million loan from the International Finance Corporation IFC to enhance access to financial services in that market and support the expansion of its operations there. David Vélez, the CEO and founder of the company, was born and raised in Colombia, which has been operating this fintech since 2020 after opening in Mexico 2019 and Brazil 2013. Nu Colombia is the nations fastestgrowing card issuer, with more than 400,000 cards issued in the previous 10 months, and customers in all regions and in nearly 80% of towns, according to company statistics. This is IFCs first financial commitment to a Latin American and Caribbean online bank. Read More..

B2B Tech News | 3 years ago        

Lender Pezesha selects licenses to conduct business fully in Uganda.

The B2B online lending infrastructure provider Pezesha has announced that it is now fully authorised to conduct business in Uganda. The business, whi

The B2B online lending infrastructure provider Pezesha has announced that it is now fully authorised to conduct business in Uganda. The business, which secured a preseries A investment of KES 1.32 billion USD 11 million in August of last year, led by Womens World Banking Capital Partners II WWBCP II, has been looking for ways to expand its operations and penetrate new African markets. It has been providing its services in Kenya and Ghana for a very long period. Pezesha has now made hints that it may expand to additional African nations, including Nigeria and Rwanda, in the near future. Read More..

B2B Tech News | 3 years ago        

According to a SAP Study, 59% of Indian businesses believe that environmental protection increases profitability.

The global Environmental Sustainability Study of 6500+ business leaders, including 400 from India, is the second edition of SAPs annual report that in

The global Environmental Sustainability Study of 6500+ business leaders, including 400 from India, is the second edition of SAPs annual report that investigates the incentives and hurdles that organisations confront as they seek to increase sustainability in their organisations. Environmental activism 45% is the most powerful motivator for firms to take environmental action, followed by income and expansion potential 34%, and customer demand 33%. However, Indian organisations risk losing out if they do not put data at the centre of their sustainability strategy. The following are the studys key findings Connecting environmental objectives to corporate strategy A lack of environmental strategy is holding back 37% of Indian firms. Read More..

B2B Tech News | 3 years ago        

With a $250 million contract, Sundram Fasteners benefits.

Sundram Fasteners gained 1.20% to Rs 974.60 after the company announced a $250 million contract with a leading global automobile manufacturer to suppl

Sundram Fasteners gained 1.20% to Rs 974.60 after the company announced a $250 million contract with a leading global automobile manufacturer to supply subassemblies for its electric vehicle EV platform. The company plans to invest Rs 200 crore to support the new orders under the sixyear purchase package, which includes the supply of shaft and drive gear subassemblies. The parts will be serviced from the companys North American warehouse. The contract is one of the largest ever won by an Indian supplier for this range of products for an EV platform. Read More..

B2B Tech News | 3 years ago        

Dock introduces a platform that offers financial services throughout Latin America.

A platform that Dock has developed enables businesses to provide financial services to clients in Latin America. Through a single application program

A platform that Dock has developed enables businesses to provide financial services to clients in Latin America. Through a single application programming interface API, the new Dock One cloudbased platform enables enterprises to grow into nations around Latin America and add new firms to their operations, according to a press release issued by Dock on Tuesday, January 17. According to the announcement, once a customer is incorporated into the platform, they can utilise the same technological stack abroad as well. According to the press announcement, Dock One will be introduced in additional regions after its debut in Latin America. Read More..

B2B Tech News | 3 years ago        

HR technology is updated by Origin Energy.

Throughout the second half of last year, Origin Energy updated the systems used by its people and culture division by switching its payroll, timekeepi

Throughout the second half of last year, Origin Energy updated the systems used by its people and culture division by switching its payroll, timekeeping, and attendance platforms to SAP cloud services. Origin began the project, which involved implementing SAP employee central payroll, in the second half of 2022. Additionally, Origin Energy created a personalised selfserve HR portal that gathers all policies, practises, and content geared toward employees in one location to streamline and enhance the employee experience. The HR work followed consolidation and upgrading work on the enterprise resource planning ERP system for Origin Energy in 2021. Read More..

B2B Tech News | 3 years ago        

US bank warnings about a recession are causing IT companies to be uncertain.

Dalal Street was not surprised by the largecap software companies December quarter earnings, and the current quarter is also anticipated to remain rel

Dalal Street was not surprised by the largecap software companies December quarter earnings, and the current quarter is also anticipated to remain relatively unchanged. However, management analysis and the red flags raised by several of the major American banks imply that FY24 would be a challenging year for the sector. According to JPMorgan, Citigroup, and Bank of America, the economy would likely experience a moderate recession in 2023. Read More..

B2B Tech News | 3 years ago        

Acquisition of Dutch legal search engine Bluetick.

Bluetick has developed an AI that allows legal counsels to quickly extract actionable knowledge from their internal ecosystem of enforceable contracts

Bluetick has developed an AI that allows legal counsels to quickly extract actionable knowledge from their internal ecosystem of enforceable contracts, down to particular subclauses. The AI is basically trained to classify PDF scans and webbased text and then index that data in the platforms search engine. Bluetick was created in 2019 by four Masters graduates of the Jheronimus Academy of Data Science in Den Bosch. The goal is to become a personal assistant to the legal profession. Currently, just 4% of judgements make it into the public realm, but with the open government agenda, at least 75% will eventually be revealed. Read More..

B2B Tech News | 3 years ago        



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1.  Global online sales are predicted to reach 22% of all retail sales in 2023.
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