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Revolut reports first full year of profit.

The business first achieved profitability as a result of its rapid growth trajectory. Revolut has a complete banking licence in Lithuania, but has not

The business first achieved profitability as a result of its rapid growth trajectory. Revolut has a complete banking licence in Lithuania, but has not yet done so in the United Kingdom, where it is based. The gross margin also increased between 2020 and 2021, going from 33% to 70%. We welcomed millions of new customers after receiving a full banking licence from the European Central Bank in 2021. Because of this, in the middle of 2021, the business was able to raise $800 million at a $33 billion valuation. Cryptocurrency trading and other fees are the main sources of revenue for Revolut. Read More..

B2B Tech News | 7 months ago          

How to connect with South Africas true tech decisionmakers.

TechCentral is South Africas leading business technology news website, and its readers are directly responsible for or involved in technology purchasi

TechCentral is South Africas leading business technology news website, and its readers are directly responsible for or involved in technology purchasing decisions at their companies. Furthermore, more than a third 36.1% of our readers work in organisations with more than 1,000 employees, making them an important target market for ICT vendors and solution providers. If you want to reach business leaders and IT decision makers in South Africa without diluting your message with a consumer audience, TechCentral should be your first port of call. Natalie Kock can help with rate cards and explain the various ways your company can collaborate with TechCentral to maximise marketing exposure and business growth. Read More..

B2B Tech News | 7 months ago          

The $350 billion trade finance gap in Latin America is the focus of Fintech Marco.

A $200 million credit line has been granted to Marco Financial, a company that offers loans and other services to exporters in Latin America, to help

A $200 million credit line has been granted to Marco Financial, a company that offers loans and other services to exporters in Latin America, to help it expand its tradefinance business. A former importer of Uruguayan cattle and a former sales executive at computer firms founded Marco, which has funded deals totaling more than $250 million over the last two years. The quick expansion of the business, according to Peter Spradling, chief operating officer of Marco, highlights the extent of the unmet need from exporters, especially small businesses, for funding. By the end of the year, Marco wants to close deals totaling $750 million. Read More..

B2B Tech News | 7 months ago          

To promote innovation, Ericsson and NBN Co. have expanded their strategic partnership.

At the Mobile World Congress MWC2023, where the MoU between Ericsson and nbn was announced, nbn became the first operator to deploy Ericssons extended

At the Mobile World Congress MWC2023, where the MoU between Ericsson and nbn was announced, nbn became the first operator to deploy Ericssons extended range mmWave capability within its Fixed Wireless commercial network. More Australians will be able to access the fixed wireless network thanks to this, and the knowledge and experience obtained from the project will be crucial in creating the global ecosystem for longrange mmWave access. Moreover, Ericsson is working on midband Massive MIMO functions like 5G longrange transmission. nbn is committed to fostering productivity and creativity and pushing the limits of our network to satisfy the current and future broadband needs of families and businesses, said Jason Ashton, executive general manager of fixed wireless and satellite at nbn. Read More..

B2B Tech News | 7 months ago          

At Burkina Faso, Idea Innovation Days Were Announced

During the innovation days, the IDEA Project seeks to enable African academia and civil society organisations to take part in inclusive digital change

During the innovation days, the IDEA Project seeks to enable African academia and civil society organisations to take part in inclusive digital change. The digital ecosystem of Burkina Faso was represented by more than 75 individuals who came together in Ouagadougou to debate issues, exchange best practises, and cocreate solutions. As a response to societal issues impeding the development of an inclusive digital society, the IDEA project aims to promote and strengthen the role of ICT/digitalization stakeholders, participate actively in multistakeholder dialogues, and assist the creation of joint digital innovations. Read More..

B2B Tech News | 7 months ago          

Twitter announces the introduction of its zerotolerance policy regarding violent speech.

Twitter has implemented its Violent Speech Policy, which prohibits violent threats, threats of harm, glorification of violence, and incitement of viol

Twitter has implemented its Violent Speech Policy, which prohibits violent threats, threats of harm, glorification of violence, and incitement of violence. Threats to damage homes, shelters, or infrastructure necessary for civic or business activities are also prohibited under the policy. Twitters policy has been revised and implemented on a regular basis in recent years, including in 2018 when it updated its safety policy to prohibit speech that dehumanises anyone based on membership in an identifiable group and in 2019 when it expanded its harmful conduct policy. Read More..

B2B Tech News | 7 months ago          

Just five months after its Series B, ecommerce aggregator Una Brands raises $30M.

Five months after announcing its $30 million Series B funding, Singaporebased ecommerce aggregator Una Brands has raised $30 million in preSeries C ca

Five months after announcing its $30 million Series B funding, Singaporebased ecommerce aggregator Una Brands has raised $30 million in preSeries C capital. The rounds lone investor is a local private equity company called Northstar Group, and it includes both debt and stock. Since its founding in 2021, the firm has raised more than $100 million in total funding. With the additional funds, the company plans to expand its platform and acquire more directtoconsumer companies in niche markets like mom and baby, beauty and personal care, and home and lifestyle. The geographic, ecommerce, and product category diversification, as well as the companys emphasis on profitability, are what set Una Brands apart. Read More..

B2B Tech News | 7 months ago          

The brave new terabyte broadband world of 6G is coming, but not just yet.

During a session on the future of 6G at Mobile World Congress, expert speakers from Samsung, the European Space Agency, and Telefonica shared their pe

During a session on the future of 6G at Mobile World Congress, expert speakers from Samsung, the European Space Agency, and Telefonica shared their perspectives on how 6G will unfold. During the session, smart cities, holographic meetings, and 3D mapping were all mentioned. But in which one will be the killer app for 6G? Precision industrial production with robotics, autonomous vehicle communication services, and even brain computer interfaces will be among the applications. On 6G networks, kinetic content, AIgenerated subject matter, and digital imitations will be much more accessible. Read More..

B2B Tech News | 7 months 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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