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IMF approves $88.3 million for Malawi under food shock loan period.

The executive board of the International Monetary Fund has approved a $88.3 million payout to Malawi under the new food shock window emergency finan

The executive board of the International Monetary Fund has approved a $88.3 million payout to Malawi under the new food shock window emergency financing instrument. In reaction to food price increases and shortages caused by Russias war in Ukraine, an emergency financing facility was established. The previously approved staffmonitored Malawi policy programme linked to the food shock loan is sufficiently robust to satisfy objectives. Read More..

B2B Tech News | 2 years ago          

Zulu Banks $5 million for its Latam digital portfolio in the middle of the shaky soil for Crypto

Zulu, a digital wallet for Latin American consumers, is the most recent business to raise capital. According to Chainalysis, the growth rate of crypto

Zulu, a digital wallet for Latin American consumers, is the most recent business to raise capital. According to Chainalysis, the growth rate of cryptocurrency use in Latin America is 40%. The region accounts for 9.1% of global crypto value received in 2022. Zulu is a digital payment service that allows remote workers, contractors, and freelancers to make international payments. According to the corporation, it has roughly 500,000 users in Colombia, Venezuela, Peru, and Mexico. Zulu joins other firms that have recently received money, such as Pings $15 million seed round. Read More..

B2B Tech News | 2 years ago          

Venture capital firm WaterBridge closes first $30 million fund

WaterBridge Ventures has completed the final close of its first fund, which totaled $30 million about Rs 200 crore. The news comes at a time when seed

WaterBridge Ventures has completed the final close of its first fund, which totaled $30 million about Rs 200 crore. The news comes at a time when seed and SeriesA investments in India remain subdued, owing to a combination of reduced investor appetite and a lack of deal flow. The first fund launched by WaterBridge Ventures is a sevenyear, SEBIregistered CategoryII Alternate Investment Fund. To date, the investment firm has backed Unacademy, DataWeave, MagicPin, an offline commercefocused discovery and content engagement startup, and ZipLoan, a lending platform. Read More..

B2B Tech News | 2 years ago          

Grayscale refuses to share the reserve test following safety problems , since shares act with a 45% discount on Bitcoin

The asset management Grayscale, who oversees the biggest bitcoin fund in the world, wont divulge its proof of reserves to clients. Using a cryptograph

The asset management Grayscale, who oversees the biggest bitcoin fund in the world, wont divulge its proof of reserves to clients. Using a cryptographic ProofofReserve or another advanced cryptographic accounting process, we do not make such onchain wallet information and confirmation data publicly available. The announcement comes in the wake of FTXs collapse and the subsequent bankruptcy hearings that revealed missing consumer monies. Genesis Global Tradings parent firm, Grayscale, has halted the origination and redemption of new loans. The banks lending division, known as Genesis Global Capital, caters to institutional clients. Currently, Grayscale holds about 635,235 bitcoins, or $10.2 billion, on its behalf. Read More..

B2B Tech News | 2 years ago          

SimCorp Partners with AccessFintech to Increase BuySide Efficiency

To boost productivity throughout the buyside, SimCorp, a provider of softwareasaservice investment management solutions, has teamed up with AccessFint

To boost productivity throughout the buyside, SimCorp, a provider of softwareasaservice investment management solutions, has teamed up with AccessFintech. Through data aggregation and normalisation, this new venture—which will link SimCorps Asset Service Hub with AccessFintechs Synergy Network—aims to improve access and visualisation for SimCorps clients. While AccessFintechs Synergy Network, which collects and makes accessible datasets from throughout the financial industry, aims to enhance data quality and workflow effectiveness. While AccessFintechs Synergy Network, which collects and makes accessible datasets from throughout the financial industry, aims to enhance data quality and workflow effectiveness. While AccessFintechs Synergy Network, which collects and makes accessible datasets from throughout the financial industry, aims to enhance data quality and workflow effectiveness. Read More..

B2B Tech News | 2 years ago          

Australian law firm launches its own Dieselgate class action lawsuit on behalf of MercedesBenz owners

MercedesBenz is the target of a class action lawsuit filed by a compensation legal firm. The class action lawsuit might affect tens of thousands of

MercedesBenz is the target of a class action lawsuit filed by a compensation legal firm. The class action lawsuit might affect tens of thousands of Mercedes automobiles sold in Australia. It claims that between 2008 and 2018, Mercedes placed cheat devices to modify diesel gas emissions readings. Maurice Blackburn and Bannister Law have filed a class action lawsuit against MercedesBenz. According to the firm, the car manufacturers diesel engines emitted harmful levels of nitrogen oxide. In September, similar claims were made against Hino Motor Sales Australia and Hino Motors Limited. Read More..

B2B Tech News | 2 years ago          

Hong Kongbased brand technology group Gusto Collective expands into Japan

Gusto Collective, a Hong Kongbased brandtech firm, announced Tuesday the launch of its Japanese operations. Expansion is being fueled by the regions i

Gusto Collective, a Hong Kongbased brandtech firm, announced Tuesday the launch of its Japanese operations. Expansion is being fueled by the regions increasing desire for nextgeneration customer experiences and new technologies. Gusto Collectives strategic expansion in Japan is critical to establishing its APAC presence. Gusto Collective is Asias first Brandtech company, providing worldclass storytelling and immersive experiences. The f9 firm recently completed a $23 million Seed plus fundraising round led by Animoca Brands and Gaw Capital. Gusto Collective specialises in four areas of service luxury brand management, VR/AR experience platforms, Web 3 turnkey solutions, and metahuman marketing platforms. Read More..

B2B Tech News | 2 years ago          

Victorias economic growth leads the nation, with NSW falling last

The equivalent of gross domestic product is recorded in the Australian Bureau of Statistics yearly gross state product accounts the total value of goo

The equivalent of gross domestic product is recorded in the Australian Bureau of Statistics yearly gross state product accounts the total value of goods and services bought and sold. Australias real gross domestic product, which is corrected for inflation, increased by 3.6% in the fiscal year 2021–2022. South Australia 5.1%, Northern Territory 4.7%, Queensland 4.4%, Tasmania 4.3%, Western Australia 3.1%, the Australian Capital Territory 1.9%, and New South Wales 1.8% all experienced higher growth rates than Victoria, which saw its real gross state product increase by 5.6%. This may not seem like much for Victoria, but it is. 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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