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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 | 3 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 | 3 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 | 3 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 | 3 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 | 3 years ago        

Nexford, an online university, will invest $8 million to close educations cost and relevance gaps

U.S.based online university platform Nexford has raised $8 million in a Series A round. Nexfords most significant markets are traditionally underserve

U.S.based online university platform Nexford has raised $8 million in a Series A round. Nexfords most significant markets are traditionally underserved Englishspeaking communities like Nigeria. The company plans to add more programs, such as software engineering, data science and business analytics, in the coming months. New Markets Venture Partners and Learn Capital joined the board of Nexford. Learns CEO says the company will continue to invest in product and geographical expansion and technology.Proceeds from its Series A round will take it into new markets, broaden its academic offerings and enhance its technology infrastructure. Al Tarzi cites the drop in funding size to a significantly oversubscribed and extended preSeries A round. Read More..

B2B Tech News | 3 years ago        

Storage of renewable energy is a top priority for IRENA to ensure flexibility, balance, and needs.

Francesco La Camera — DirectorGeneral of the International Renewable Energy Agency IRENA — told Daily News Egypt DNE that storage technology are g

Francesco La Camera — DirectorGeneral of the International Renewable Energy Agency IRENA — told Daily News Egypt DNE that storage technology are going to be a priority within the coming period to make sure flexibility and balance within the renewable energy system. He explained that renewable energy is intermittent and variable, and also the interconnectedness of grids in countries makes the grid more flexible and balanced for storage. La Camera explained that this economic condition has proven that renewable energy sources are the foremost flexible and reliable which governments must take investment decisions and immediate measures to market clean energy and overcome the crisis. IRENA is seeking to accelerate the trail of fresh energy and reduce emissions in Africa, as 100 million people on the continent still dont have access to basic energy services, and also the agency hopes to resolve this dilemma within the coming years. Read More..

B2B Tech News | 3 years ago        

Last week, European Tech received more than €904 million in investments, Scopely acquired Stumble Guys, and Lightyear drove in with €81 million

Last week we tracked quite 85 tech funding deals worth over €904 million, and over 15 exits, M&A transactions, rumors, and related news stories acro

Last week we tracked quite 85 tech funding deals worth over €904 million, and over 15 exits, M&A transactions, rumors, and related news stories across Europe. As a paid subscriber, youre within the elite club with exclusive access to our findings. While we tend to share this info in realtime on Twitter and Insta the much more entertaining option, you would be hardpressed to stay track of it all. 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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2.  Global tablet shipments are expected to hit 142 million by 2025, reports Statista.
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