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A Chinese insurance technology company lists on Nasdaq.A Chinese insurance technology company lists on Nasdaq.

Cheche Technology, a provider of auto insurance, merged with Prime Impact Acquisition I, a provider of targeted acquisitions, to become listed on the

Cheche Technology, a provider of auto insurance, merged with Prime Impact Acquisition I, a provider of targeted acquisitions, to become listed on the Nasdaq. Cheche, a property and casualty insurance company with over 4,000 vehicle brands and over 100 insurance providers, was founded by Lei Zhang in China in 2014. According to the business, its platform helped issue insurance policies worth about US$1.6 billion in 2021 and US$2.2 billion in 2022. Cheche Technology projects that its unaudited yearly revenue for the previous year will be close to US$360 million. The overwhelming ownership of the joint company will be held by the shareholders of the Chinabased corporation. Read More..

B2B Tech News | 2 years ago          

Amplifica Capital wants to be the fund that Latin American women in the tech sector reach out to first..

Anna Raptis is the founder and CEO of Amplifica Capital, a venture capital firm based in Mexico. She began by investing as an angel and in a few funds

Anna Raptis is the founder and CEO of Amplifica Capital, a venture capital firm based in Mexico. She began by investing as an angel and in a few funds to learn more about the industry. Her focus is on gender lens investing, a concept based on the idea that investing in diversity can result in higher returns. Nearly 100 investors have contributed to the fund, including Grupo Herdez, Grupo Fondo de Fondos, and Sun Mountain Capital. It has so far invested in ten companies, including intercity mobility startup Kolors and agricultural financing startup Verqor. Read More..

B2B Tech News | 2 years ago          

TikTok was left out of Europes campaign against Big Tech, but that is about to change.

TikTok, unlike its larger American competitors, has not faced the kinds of mega fines or legal penalties that Google, Facebookowner Meta, or Amazon ha

TikTok, unlike its larger American competitors, has not faced the kinds of mega fines or legal penalties that Google, Facebookowner Meta, or Amazon have faced in the EU over the years. TikTok has avoided regulatory scrutiny in part because it has remained out of the crosshairs of commercial interests in Europe. That doesnt mean European political leaders and legislators arent concerned. Moritz Korner, a German lawmaker, stated that the app poses several unacceptable risks for European users. The European Commissions tone on TikTok has begun to change at the executive level. Read More..

B2B Tech News | 2 years ago          

What does this mean for ChatGPTs free users? A paid version is being tested.

The business has proposed ChatGPT Professional, a membership service that would provide improved access for a fee. With modern technology, companies f

The business has proposed ChatGPT Professional, a membership service that would provide improved access for a fee. With modern technology, companies frequently release free or inexpensive versions before moving toward paid versions. With Microsofts funding in OpenAI, the business may be able to provide tierbased choices. The business might also take into account pricing based on the kind and volume of material users want ChatGPT to create, as well as how much they are willing to pay for it. Investor If someone tells you what the business models are behind this stuff, they are making it up. Read More..

B2B Tech News | 2 years ago          

To provide financial stability for Mexicans, Zenfi raises additional funding.

Consumer finance in Mexico, according to Zenfi CEO Luis Rubén Chávez, is broken. According to him, two out of every three Mexicans have subprime cre

Consumer finance in Mexico, according to Zenfi CEO Luis Rubén Chávez, is broken. According to him, two out of every three Mexicans have subprime credit scores and no resources to raise them. With an average APR of 19%, Zenfi claims to have the lowest interest rate in Mexico. More than 3 million people are using Zenfi, which was created by the business seven years ago. It has dispersed over $100 million in loans, a default rate of 3.4%, and yearly recurring revenue of $10 million. Chávez plans to use the additional capital to launch a number of features, including as debit and credit goods. Read More..

B2B Tech News | 2 years ago          

Researchers studying sleep are willing to pay people $1,000 to channel Liz Lemon and work on their nighttime routine for three months.

Sleep Junkie, a research firm affiliated with mattress retailer Amerisleep, LLC, is looking for volunteers for a study to see if the old myth that che

Sleep Junkie, a research firm affiliated with mattress retailer Amerisleep, LLC, is looking for volunteers for a study to see if the old myth that cheese causes nightmares still holds true. After eating the various cheeses and falling asleep, participants will have to write an evaluation of their dreams, nightmares, and overall sleep quality when they wake up. Participants, known as dairy dreamers, must be at least 21, sleep alone, maintain a consistent sleep schedule, and own a smartwatch or fitness tracker, according to the job application. Read More..

B2B Tech News | 2 years ago          

Asia While traders await rate decisions, markets are mixed.

On Monday, Asian stocks were mixed as traders struggled to maintain momentum from last weeks rally. The Federal Reserves preferred inflation gauge ros

On Monday, Asian stocks were mixed as traders struggled to maintain momentum from last weeks rally. The Federal Reserves preferred inflation gauge rose at its slowest pace in more than a year in December, according to data. The European Central Bank and the Bank of England are also expected to make announcements this week. US Federal Reserve Chair Janet Yellen said she is still concerned about the US economys prospects. Oil prices rose due to increased demand expectations as China eased Covid controls. Read More..

B2B Tech News | 2 years ago          

Following the successful onboarding of new feeds in North America, Options announces the expansion of its global market data.

Options has introduced new market data streams, including as MEMX, NYSE National Integrated, Cboe BYX, and CEDX. The announcement comes after ACTIV Fi

Options has introduced new market data streams, including as MEMX, NYSE National Integrated, Cboe BYX, and CEDX. The announcement comes after ACTIV Financial was purchased and its normalised data services and API were later integrated. Clients now have unified access to numerous asset classes worth of global market data sources thanks to options. 2019 saw Options acquire a sizeable growth investment from Bostonbased sectorfocused private equity company Abry Partners. Options has been able to significantly accelerate its growth strategy thanks to this funding. Leading international investment banks, hedge funds, funds of funds, proprietary trading companies, broker/dealers, private equity houses, and exchanges are just a few examples of the clients. 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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