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Insurer deepens market penetration through digital channels

To increase insurance penetration, generate wealth, and promote economic growth, Lifeguard Microinsurance will offer seamless insurance risks to the u

To increase insurance penetration, generate wealth, and promote economic growth, Lifeguard Microinsurance will offer seamless insurance risks to the underserved and unreached population. Less than 1% of people in the population use this sector. Adeyinka Oyekunle, the managing director and chief executive officer, made this statement at a media briefing in Lagos. As less than 1% of the population currently patronizes the sector, these are required to draw more Nigerians to it. Read More..

B2B Tech News | 2 years ago        

What are software engineers investing in?

This is not surprising because Southeast Europes real estate market has been booming. More platforms are used to make these investments than there are

This is not surprising because Southeast Europes real estate market has been booming. More platforms are used to make these investments than there are solutions. To name a few, there are eToro, American Interactive Brokers, Asian Binance, UKbased Revolut, and regional Bulgarian Bulbrokers. To learn how its members are navigating the current investment market, we reached out to the Bulgarian tech community DEV.BG. Read More..

B2B Tech News | 2 years ago        

Saudibased Purity makes an investment in Appetito, a rising online grocery startup

Appetito signs MoU with Riyadhbased information technology firm Purity. Purity specializes in improving IT infrastructure efficiency and business appl

Appetito signs MoU with Riyadhbased information technology firm Purity. Purity specializes in improving IT infrastructure efficiency and business applications. Appetito plans to bring in $25m worth of investment to finance as well as support its expansion. The company has built a strong presence in three Egyptian cities, with more than 500,000 users, and it achieved 300% growth quarteronquarter. Appetito offers customers thousands of grocery and household items from dark shops through its mobile app with over 2,000 products in its app. Appetitos CEO Shehab Mokhtar said that We aim to massively expand our operations in Saudi Arabia, as well as our prospective presence across neighboring markets, Purity Chairperson Faisal AlAbdulsalam expressed his enthusiasm for the partnership. Earlier this year, Purity announced its listing on Saudi Arabias Nomu– Parallel Market. Read More..

B2B Tech News | 2 years ago        

Blackstone will spend at least $2 billion in technology debt transactions

Blackstone Group expects to invest at least US$2 billion RM8.91 billion in tech debt deals over the next few years. It is its first major push into le

Blackstone Group expects to invest at least US$2 billion RM8.91 billion in tech debt deals over the next few years. It is its first major push into lending to startups and technology companies. Crunchbase said the use of debt by tech companies seems to be on the rise. Tech startups in the US raised more than US$1.4 billion in publicly announced debt in July and $ 824 million in July last year. Now he enters the black stone market and competes with other important players, such as Hercules Capital and Silver Lake. Read More..

B2B Tech News | 2 years ago        

Asian stock markets were mixed after China cut key tariffs and Japans GDP rose

Asian stocks were mixed on Monday after Chinas central bank lowered a key interest rate. According to official data, from April to June of last year,

Asian stocks were mixed on Monday after Chinas central bank lowered a key interest rate. According to official data, from April to June of last year, Japans economy grew at a rate of 2.2%. The Thai economy expanded at a quarterly rate of 0.7%, down from 1.1% in the first quarter of the year. On Wednesday, indexes saw significant gains after a report revealed that inflation had decreased more than anticipated. The 10year Treasurys yield decreased from 2.88% to 2.84% by late Thursday. The Federal Reserve may scale back interest rate increases, which are its primary weapon in the war against inflation. Read More..

B2B Tech News | 2 years ago        

A modern risk broker covers the problems of a startup

Geoff Stooke is a specialist broker who finds investors and provides risk advice and insurance offerings for startups. He said Australian technology b

Geoff Stooke is a specialist broker who finds investors and provides risk advice and insurance offerings for startups. He said Australian technology businesses are starting to think more globally to find investors and capture larger markets. Stooke gave the example of Tokyoheadquartered SoftBank Groups substantial loss this week which he said was due to writedowns in valuations of some tech companies. Modern Risk is a Sydneybased startup consultancy specializing in the consumerrelated tech sector. Digital health has proven to be recessionproof, says cofounder and CEO of Modern Risk David Stooke. Digital transformation creates great opportunities in all areas of your business. Modern Risks clients are looking for what he described as repeatable and scalable models. Read More..

B2B Tech News | 2 years ago        

Oyster product business opportunity for Jamaica

The National Fisheries Authority NFA promotes oyster production in Jamaica. Oysters are regularly sold at events, parties, dance venues, and by catere

The National Fisheries Authority NFA promotes oyster production in Jamaica. Oysters are regularly sold at events, parties, dance venues, and by caterers. According to the NFA, oyster production has the lowest initial cost. Those interested in oyster production must work in shallow or sheltered bay areas. Good Bay is generally located in St. Marys and St. It is located on the south and northeast coasts, including Thomas. Because oysters are a filter feed, there are no import costs like feed. Read More..

B2B Tech News | 2 years ago        

Abrdn Digital Assets Exchange Buys Archax Shares

British asset manager abrdn has bought a stake in digital assets exchange Archax for an undisclosed sum. The move comes amid a wider push by investors

British asset manager abrdn has bought a stake in digital assets exchange Archax for an undisclosed sum. The move comes amid a wider push by investors into cryptoassets despite a recent plunge in value. Archax was the first digital securities exchange to win regulatory approval from the Financial Conduct Authority. The companys move comes after Blackrock launched a spot bitcoin private trust earlier this month. The move reflects a surge in interest in digital assets from institutional investors. Abrdn reported lowerthanexpected profits earlier this week. 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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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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