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CardinalStone Capital Advisers invests $6 million in AfyA Care

CardinalStone Capital Advisers CCA, a manager of private equity funds in West Africa, has disclosed a $6 million investment in AfyA Care. The investme

CardinalStone Capital Advisers CCA, a manager of private equity funds in West Africa, has disclosed a $6 million investment in AfyA Care. The investment exemplifies CCAs philosophy of supporting firms with the potential for rapid growth and the capacity to have a beneficial impact on communities. AfyA Care, which was established in 2019, invests in Nigerian healthcare assets. The RJolad Hospital trademark is used by a portfolio of hospitals owned by the firm that total 215 beds. Additionally, it is building a hospital with 140 beds under the proposed Oakwood Medical Centre name. Read More..

B2B Tech News | 2 years ago          

Fintecture completes a funding round of 26 million euros

B2B transaction platform Fintecture gets €26 million in a Series A investment in order to overcome the constraints imposed by a 50yearold system tha

B2B transaction platform Fintecture gets €26 million in a Series A investment in order to overcome the constraints imposed by a 50yearold system that was designed around numerous intermediaries. Fintecture, a Parisbased provider of payment infrastructure, has raised €26 million in a Series A fundraising round. The startup wants to do rid of the constraints that were implied in the multiintermediary B2B transactions market that existed for 50 years. The startup is anticipated to benefit from the €26 million in all areas of operations. The technology allows about 7,000 firms to accept payments, the startup claims. Read More..

B2B Tech News | 2 years ago          

The Airasia super app is launched in Indonesia

Bali, Indonesias top tourist destination, will be the centrepiece of the Airasia Super Apps Indonesian launch, according to Capital A. Capital A also

Bali, Indonesias top tourist destination, will be the centrepiece of the Airasia Super Apps Indonesian launch, according to Capital A. Capital A also disclosed that its ridehailing service, Airasia Ride, would be expanding to the province as part of the launch. The software also offers online dutyfree shopping and the ability to book flights. In the nation, Airasia also provides meal delivery services, which are currently offered in the Tangerang and Jakarta regions. Read More..

B2B Tech News | 2 years ago          

Twitter is reportedly poised to cut around 3,700 employees

Following Elon Musks purchase of Twitter last week, sources predict a 50% overall reduction in force, or around 3,700 workers. Bloomberg reports that

Following Elon Musks purchase of Twitter last week, sources predict a 50% overall reduction in force, or around 3,700 workers. Bloomberg reports that Musk is anticipated to demand that Twitter staff who had previously been permitted to work remotely now do so from Twitter offices in and around San Francisco. Musk was scheduled to meet with advisors on Wednesday night to finalise the details of a significant force reduction. Read More..

B2B Tech News | 2 years ago          

Constellr monitors water stress levels from space and raises $ 10 million

Constellr, a Fraunhofer Institute spinoff with headquarters in Freiburg, has raised $10 million in one of the biggest Seed investment rounds in the hi

Constellr, a Fraunhofer Institute spinoff with headquarters in Freiburg, has raised $10 million in one of the biggest Seed investment rounds in the history of the space industry. The firm helps to secure the worlds food supply by providing accurate and plotlevel water stress monitoring for the agricultural industry. Constellr will use the financing to build its first two satellites, complete its ongoing pilot programmes, and develop its processing platform in order to map all of the worlds crops. The group as a whole has participated in more than 20 space missions, including a number of constellations. Read More..

B2B Tech News | 2 years ago          

Inventure goes for round IV with €150 million fund

Inventure, based in Helsinki, has announced the second close of its fourth fund, raising €144 million out of a target of €150 million. Inventures

Inventure, based in Helsinki, has announced the second close of its fourth fund, raising €144 million out of a target of €150 million. Inventures new formula will offer B2B SaaS, fintech, deep tech, marketplaces, and consumer sector startups preseed to Series B ticket sizes ranging from €200,000 to €5 million. 60% of the fund is set aside for followon funding. Read More..

B2B Tech News | 2 years ago          

AUSTRAC appoints auditors for Sportsbet and Bet365 to fight financial crime

AUSTRAC, a federal agency that monitors financial crimes, has hired outside auditors to Sportsbet and Bet365, two online bookies. follows a probe into

AUSTRAC, a federal agency that monitors financial crimes, has hired outside auditors to Sportsbet and Bet365, two online bookies. follows a probe into Entain, the parent firm of Ladbrokes, which began in September of this year. Entains desire to obtain a TAB licence in Western Australia prompted the investigation. Read More..

B2B Tech News | 2 years ago          

New report finds nearly 50% of 2021 phishing attacks target government employees and target credential theft

From 2020 to 2021, phishing attempts against civil officials increased 30%. During the time period, one out of every eight employees was exposed to ph

From 2020 to 2021, phishing attempts against civil officials increased 30%. During the time period, one out of every eight employees was exposed to phishing threats. While malware distribution fell 12% in 2021 compared to the previous year, credential theft increased 47%. The report also mentioned that governments at all levels are using unmanaged mobile devices more and more. Between 2020 and 2021, the use of unmanaged devices in the federal government increased by about 5%. 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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