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Withdrawal freeze of cryptocurrency exchange AAX leads to a desperate search for cash

Investors in AAX are looking for senior exchange executives after a reaction against the exchanges decision to halt withdrawals last month. On Novembe

Investors in AAX are looking for senior exchange executives after a reaction against the exchanges decision to halt withdrawals last month. On November 13, AAX stopped accepting customer withdrawals for what it described as brief planned maintenance. Leaked images of senior executives personal identification documents were released by users in Telegram groups for information exchange. In November, users discovered the ailing companys offices in Hong Kong to be vacant. Management informed several staff that some significant bitcoin holders had withdrawn their assets from the company. Read More..

B2B Tech News | 2 years ago        

Australia says Google pays news law a hit

According to a government report, Australias worldfirst regulation requiring Big Tech to pay for news has been a success. More than 30 agreements have

According to a government report, Australias worldfirst regulation requiring Big Tech to pay for news has been a success. More than 30 agreements have been reached by media outlets to compensate them for news published on Google and Facebook. According to the report, the code was not intended to redistribute resources across the news sector. Having regulations that are only activated in the absence of a commercial deal is a reasonable model, she says, adding that it should be expanded to other industries. Read More..

B2B Tech News | 2 years ago        

Kenya Fintech Cellulant starts expansion in South Africa

Cellulant Ltd., a Kenyan paymentservices company, is launching a South African operation after months of market testing and is preparing to raise fund

Cellulant Ltd., a Kenyan paymentservices company, is launching a South African operation after months of market testing and is preparing to raise funds for further development into the Middle East and the United Kingdom. According to Chief Business Officer Sike Bamisebi, the twodecadeold company is hoping to harness South Africas mature retail environment, with the United Arab Emirates and the United Kingdom due to follow in the next two years. Paymenttechnology firms have been at the forefront of an unprecedented surge in investment in African startups, which is expected to reach a record $5 billion by 2021. Read More..

B2B Tech News | 2 years ago        

UK payment provider Pay360 joins Access PaySuite

Pay360, a UKbased enabler of card payments and other transactions, has been officially bought by Access payments division, which seeks to boost its ab

Pay360, a UKbased enabler of card payments and other transactions, has been officially bought by Access payments division, which seeks to boost its ability to handle increased demand for digitised payments services. Pay360s managing director, Stephen Ferry, expressed satisfaction that his team would now be joining the Access PaySuite organisation, whose portfolio includes a SaaS service utilised by 5,000 commerce and notforprofit customers. With the acquisition of Pay360, Access PaySuite expects to expand its services to include card payments and PayFac payments facilitation. Read More..

B2B Tech News | 2 years ago        

Miller expands maritime operations in Asia with new hires

Choo Cai Ling shown above has been appointed to a production and broking job in Millers Singaporebased marine unit. She reports to Nick King, Singapor

Choo Cai Ling shown above has been appointed to a production and broking job in Millers Singaporebased marine unit. She reports to Nick King, Singapores head of marine. Choo has worked in the marine insurance sector for 15 years, most recently as an associate director of marine at Aon. She worked in the global brokers marine sector for ten years in various capacities. She worked for HSBC for four years before joining Aon, and she began her career at Jurong Port in 2007. She is an expert in hull, P&I, and marine liabilities. Read More..

B2B Tech News | 2 years ago        

Distribution software group Bigtincan receives $442 million takeover bid from SQN

SQN Investors of California has launched an unsolicited takeover bid at 80cps, valuing Bigtincan at nearly $442 million. The offer represents a 17.64%

SQN Investors of California has launched an unsolicited takeover bid at 80cps, valuing Bigtincan at nearly $442 million. The offer represents a 17.64% premium over yesterdays closing price, which is comparable to the sixmonth highs reached in August. SQN already owns 13.6% of Bigtincan, and its partner Farouk Hussein has served as a director since October 2021. It comes on the heels of the companys $116 million acquisition of datadriven sales coaching platform Brainshark Inc. Read More..

B2B Tech News | 2 years ago        

Vini Munzberg becomes GEW Latin America Sales Director

Vini Munzberg has been promoted to Sales Manager, Latin America at GEW. Munzberg will be based at GEW Inc. in Cleveland, Ohio, and will be responsible

Vini Munzberg has been promoted to Sales Manager, Latin America at GEW. Munzberg will be based at GEW Inc. in Cleveland, Ohio, and will be responsible for all sales in the region, including Mexico. Munzberg joined GEW in 2016 and has used her bilingual skills to provide exceptional customer service and sales support to GEWs Latin American customers and distributors. Her entire career has been spent in customer service and distributor management for Latin America. Munzberg holds a bachelors degree in Business Administration with a minor in International Business from Southern New Hampshire University. Read More..

B2B Tech News | 2 years ago        

The luxury travel brand Le Collectionist has raised 60 million euros

Highland Europe, a subsidiary of US venture capital firm Highland, led a €60 million growth round for Le Collectionist. OLMA, Famille C, Pictet and

Highland Europe, a subsidiary of US venture capital firm Highland, led a €60 million growth round for Le Collectionist. OLMA, Famille C, Pictet and Lombard Odier banks, as well as business angels, are also involved in the round. Le Collectionists portfolio includes 1,800 residences in 30 European cities. According to the company, only 3% of those who inquire receive the keys. With a kneedeep waiting list, the business model capitalises on the exclusivity factor. By 2028, these propertyled experiences could be worth $50 billion. Read More..

B2B Tech News | 2 years ago        



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Refresh Your Facts

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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4.  Since the launch of the popular mobile game, Candy Crush, in 2012, players have spent a total of 73 billion hours (equivalent to 8.3 million years) playing this game.
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5.  Approximately 8 billion gadgets connect on the internet every day.
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