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Kenyas emobility innovation could be a model for other countries.

Electric motorcycles could offer a zeroemissions alternative to more polluting vehicles such as taxis. Emerging economies must address barriers to ele

Electric motorcycles could offer a zeroemissions alternative to more polluting vehicles such as taxis. Emerging economies must address barriers to electric vehicle EV adoption. These include the high upfront costs of electric vehicles, concerns about battery charging range, and a lack of charging infrastructure. The Kenyan government and the private sector are working with experts to address these barriers. A partnership led by MKOPA and the Shell Foundation is building a series of costeffective projects to accelerate emobility innovation in Kenya. PayGo for ebikes offers digital payment technology PayGo that enables 1000s riders to convert to ebikes. The ChargeUp!, ARC Ride, Fika Mobility and Energy 4 Impact projects offer additional models called networks of charging stations. Read More..

B2B Tech News | 2 years ago        

French unicorn Algolia has acquired Australian startup Search.io to create a extremely fast search engine

French search and discovery platform Algolia has acquired Search.io, a new parent company that will combine Neuralsearch, New South Wales flagship Neu

French search and discovery platform Algolia has acquired Search.io, a new parent company that will combine Neuralsearch, New South Wales flagship Neuralsearch product, into a single search engine. The purchase price was not disclosed, but media reports estimate it to be more than $100 million. The combined company will provide access to the worlds only APIFirst Search and Discovery platform, a hybrid search engine that includes both semantic and keyword searches in a single API. Founded in 2012, it provides superfast search results that appear milliseconds after a user types in a search field. Angolia is also the first platform to feature a hybrid search engine that includes both keyword and semantic searches in a single API. Read More..

B2B Tech News | 2 years ago        

Stockholm’s EQT Growth closes $2.2B to fund scaling European startups like Vinted, Mambu and Epidemic Sound

The fund will invest in European and Israeli startups in sectors like enterprise, consumer, health, and climate tech. Europe has been a minority playe

The fund will invest in European and Israeli startups in sectors like enterprise, consumer, health, and climate tech. Europe has been a minority player in growth funding in this region. EQT chief executive Frederico Brochado would not be drawn out on details regarding the funding being announced today. Both firms are still active in Europe, but focusing more on smaller stage rounds . Read More..

B2B Tech News | 2 years ago        

Brazilian Reals May Be Used To Purchase Cryptocurrency Through Digital Wallet Provider MetaMask

MetaMask, one among the most important crypto wallet providers, has integrated the Brazilian government’s payment system Pix and began allowing cryp

MetaMask, one among the most important crypto wallet providers, has integrated the Brazilian government’s payment system Pix and began allowing crypto purchases with Brazilian reals.MetaMask integrated with Pix via the payment infrastructure company MoonPay, which takes a couple of 1% commission per transaction, plus a network fee calculated in real time, MetaMask said during a statement on Friday.In Brazil, MetaMask currently requires a minimum transaction of 102 Brazilian reals raise $20, to shop for ether, CoinDesk confirmed on Monday.Pix, a realtime retail payment system launched by the Brazilian financial organization BCB in October 2020, has 126 million users and is already utilized by leading crypto exchanges like Binance and Bybit.In July, MetaMask revealed that Brazil was its secondlargest user market after the US.This article was translated by Andrés Engler, and edited by CoinDesk. the initial Portuguese will be found here. Read More..

B2B Tech News | 2 years ago        

Facebook and MeitY Startup Hub have teamed up to support XR technology startups all throughout India

MeitYFacebook collaboration is an element of the governments plans for skilling people in emerging and future technologies. A program to market XR tec

MeitYFacebook collaboration is an element of the governments plans for skilling people in emerging and future technologies. A program to market XR technology startups are announced today. India is uniquely placed to play a pivotal role within the metaverse with an oversized talent pool of creators, developers and a vibrant technology ecosystem.The MeitY Startup Hub could be a national platform focused on promoting technology innovation, startups, and therefore the creation of intellectual properties. its around 3000+ tech startups supported, with a vision to ramp it up to quite ten thousand startups within the next three to 5 years. the globe looks to India for supply technology, innovation and talent to cater to the greater demand for digital products. Read More..

B2B Tech News | 2 years ago        

Western Union expands digital wallets to Latin America

Western Union acquired Te Enviei, a Brazilbased digital wallet that may accelerate the time to plug of Western Union`s financial ecosystem offerings i

Western Union acquired Te Enviei, a Brazilbased digital wallet that may accelerate the time to plug of Western Union`s financial ecosystem offerings in Brazil. By introducing its digital wallet in Brazil, Western Union plans to enable its customers to store funds, send money overseas and domestically, and pay their bills all from the convenience of their phones.Brazil may be a strategically important market where we already hold a banking license, and its a highly digitized banking market. Additionally, our internal research indicates that several Brazilians are searching for financial products which will address their needs in a very global economy, explained Ricardo Amaral, President of Western Union Brazil.More information on the Company’s strategic plans, including with reference to its digital banking offerings, are shared at its upcoming Investor Day on October 20. Read More..

B2B Tech News | 2 years ago        

Endure Capital closes first round of $50 million fund focused on earlystage investments in Africa

Endure Capital has established itself as one of the leading VC firms in the region. Limited partners who have invested in the fund include UK developm

Endure Capital has established itself as one of the leading VC firms in the region. Limited partners who have invested in the fund include UK development finance institution and impact investor British International Investments BII, formerly known as his CDC Group. Micro, Small and Medium Enterprises Development Authority MSMEDA Egypts Social Fund for Development also invested. Mohamed Noweir joined Endure Capital as a partner leading the investment team in his second fund. In Endure 21, the company will take a nonsectoral approach and invest in 24 companies. The new fund has already made several investments, including coleading a Series A in Brimore, Egypts leading social commerce platform. Read More..

B2B Tech News | 2 years ago        

Together, IBM and IIT Madras will advance quantum computing in India.

IBM has partnered with the Indian Institute of Technology, Madras IITMadras to advance quantum co­mputing skill development and research in India. II

IBM has partnered with the Indian Institute of Technology, Madras IITMadras to advance quantum co­mputing skill development and research in India. IIT Madras joins over 180 members of the IBM Quantum Network globally. The collaboration will open new avenues to figure with industry partners to accelerate research and make quantum real in areas like lifesaving drugs, improvements in supply chains, logistics, and also the modeling of monetary data. IBM has been one in the pioneers in quantum computing and launched its first quantum system with 20 qubits for commercial use in 2019. Higher qubits visit more computing power, which translates into more powerful quantum computers. IBM had earlier said that itll launch a quantum computer with a 4,000qubit processor by 2025. Read More..

B2B Tech News | 2 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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