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Atome banks $100m HSBC debt facility

Fintech firm Atome Financial has secured a $100 million loan from HSBC Singapore to support the companys efforts to expand and strengthen its presence

Fintech firm Atome Financial has secured a $100 million loan from HSBC Singapore to support the companys efforts to expand and strengthen its presence in Asia. Founded in 2017, Atome Financial is an umbrella company comprising two brands Atome and Indonesia Kredit Pintar. Atom is a buy now, pay later platform that works with over 15,000 retail partners in 10 Asian markets, including retail giants such as Zara, Shein, Zalora and Nike. Atom Financial also received $45 million from its parent company in July. BNPLs market is currently struggling globally and will lose $5.2 billion in Asia Pacific by 2025. Read More..

B2B Tech News | 3 years ago          

Reddit introduces a new cryptocurrency payment method with Community Points

The Reddit Community Score is a measure of your reputation within the community of users. The platform works with the popular FTX cryptocurrency excha

The Reddit Community Score is a measure of your reputation within the community of users. The platform works with the popular FTX cryptocurrency exchange to unlock new benefits of working with cryptocurrencies. Community Points allow you to create special memberships in your community that can be purchased by users who have points.Users will also be able to embed GIFs, add animated Emojis, and run weighted polls.The more points someone earns, the more weight their vote carries, according to the company behind the project, FTX. Community Points can also be sent to any Redditor with a crypto Vault, or Reddit user with a Reddit address. Read More..

B2B Tech News | 3 years ago          

In Italy, DAZN signs agreements with Google and Samsung

Sports video streaming app DAZN announced that it has signed separate deals with Google and Samsung to allow new customers to receive bundled video se

Sports video streaming app DAZN announced that it has signed separate deals with Google and Samsung to allow new customers to receive bundled video services with certain devices in Italy. The deal came after Telecom Italia TIM gave up the exclusive right to host DAZN on video content platform TimVision and negotiated an expensive partnership with a sports video streaming app. Last year, the Italian group DAZN acquired the rights to the Serie A football league, mostly exclusively. Read More..

B2B Tech News | 3 years ago          

Surface mount technology SMT equipment market 20282022

Surface Mount Technology is a method of manufacturing electronic circuits in which components are mounted or placed directly on the surface of a print

Surface Mount Technology is a method of manufacturing electronic circuits in which components are mounted or placed directly on the surface of a printed circuit board. An electronic device made in this way is called a Surface Mount Device . The global surface mount SMT equipment market was valued at USD 6,597.95 million in 2021 and is expected to reach USD 9,219.80 million in 2028, exhibiting a CAGR of 4.90% during the forecast period. Read More..

B2B Tech News | 3 years ago          

An Indonesian medical company received $7 million from Golden Gate Ventures

Indonesian healthcare startup Lifepack has raised $7 million in a Series A funding round led by Golden Gate Ventures. Launched in 2020, Lifepack is a

Indonesian healthcare startup Lifepack has raised $7 million in a Series A funding round led by Golden Gate Ventures. Launched in 2020, Lifepack is a digital pharmacy focused on providing highquality and affordable medicines to patients in Indonesia. In addition to overthecounter medications and overthecounter supplements, the company also offers medications for chronic conditions. The founders of this startup are John Quarry and Natalie Ardianto. With the new funding, Lifepack plans to build seven additional warehouses in Indonesias major urban areas, in addition to the current two in Jakarta and Surabaya. The company predicts that Indonesias pharmaceutical industry will reach $20 billion by 2025. Read More..

B2B Tech News | 3 years ago          

Antarctica Capital has announced a majority stake in Descartes Labs

The acquisition complements Antarcticas existing portfolio of companies spanning New Space, Data Analytics as well as Digital Infrastructure. Descarte

The acquisition complements Antarcticas existing portfolio of companies spanning New Space, Data Analytics as well as Digital Infrastructure. Descartes Labs performs scientific analysis of geospatial, remote sensing, and diverse complementary data sets to enable sustainable sourcing best practices, commodity price forecasting, and efficient mineral exploration for leading CPG, Agriculture, and Mining companies. The companys SaaS platform enables planetaryscale analysis through artificial intelligence and machine learning. Descartes Labs was founded on the belief that planetary science has the power to fundamentally change the way corporations, governments and nonprofits understand their relationship to the physical systems of the universe. Antarctica Capital is an international private equity firm headquarter located in New York. The firm has an absolute return focus, which leads it to rigorously evaluate and build conviction around idiosyncratic investment opportunities. Read More..

B2B Tech News | 3 years ago          

The Nasdaq climbed more than 20% from recent lows as U.S. inflation eased

US consumer prices rose 8.5% in July from a year earlier, slower than June and below economists forecast of 8.7%. The bluechip S&P 500 rose 2.1 percen

US consumer prices rose 8.5% in July from a year earlier, slower than June and below economists forecast of 8.7%. The bluechip S&P 500 rose 2.1 percent above the 4,200 mark for the first time since early May. The benchmark is 14.8% higher than the 2022 low, but total US reserves have fallen by $8.6 trillion since the start of the year. The VIX, which measures expected stock market volatility, fell below its longterm average of 20 for the first time since April. Asian stocks were mostly higher on Wall Street on Thursday, with Hong Kongs Hang Seng index gaining about 1 percent and Chinas CSI 300 up 0.5 percent. Notably, the twoyear Treasury note, which is sensitive to changes in the Feds interest rate policy, also rose after inflation. Read More..

B2B Tech News | 3 years ago          

Vinteum has started funding Bitcoin developers in Brazil and Latin America

Vinteum, a nonprofit organization dedicated to Bitcoin research and development, educates and funds open source developers for the Bitcoin ecosystem i

Vinteum, a nonprofit organization dedicated to Bitcoin research and development, educates and funds open source developers for the Bitcoin ecosystem in Brazil. The group plans to expand into Latin America and eventually fund development globally. It is up to individuals, companies and even regions to create funding and training for Bitcoin developers to promote the decentralization of Bitcoin development. Vinteum is a nonprofit organization that aims to connect more developers to Bitcoin and Lightning. The Chaincode Labs workshop curriculum is translated into Portuguese to allow Brazilian Bitcoin developers to communicate within the collective. The first Bitcoin Core developer will be Bruno Garcia, who also developed Bitcoin Core. Andre Neves, CEO of ZEBEDEE, a Bitcoinonly and payment infrastructure Lightning company, has joined the team as a cofounder. Read More..

B2B Tech News | 3 years ago          



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