Fintech firms reshape banking with innovative approaches
The fintech industry, led by organizations such as Pagaya Technologies, Shift4 Payments, and Mercado Libre, is rapidly evolving thanks to the power of technology and automation. These companies are transforming…
Female Invest empowers women through investment education
Fintech startup, Female Invest is on a mission to boost women's knowledge of investments. Launched in 2019 with support from Y Combinator, the company is providing a technology-driven solution for…
UK regulator scrutinizes Google-Anthropic partnership
The UK's Competition and Markets Authority (CMA) is conducting a preliminary assessment of the partnership between Google and AI firm Anthropic. This scrutiny forms part of a wider investigation into…
Esper Bionics advances in bionic prosthetics development
Esper Bionics, a trailblazing Ukrainian firm, has been making substantial strides in the development of advanced bionic prosthetics, particularly for soldiers and veterans impacted by the ongoing conflict with Russia.…
Altana secures unicorn status with $200M funding
Following a Series C investment round on July 29, 2024, New York-based start-up Altana raised $200 million, placing its valuation at $1 billion and cementing its unicorn status. Pioneering supply…
Why Cybersecurity for Smart Technology is Essential
Cybercriminals are experts at breaking into wireless networks to access connected devices, whether a computer or a smart device, like a speaker, security camera, or refrigerator. At first glance, it…
Sport startups to significantly impact 2024 sector
Anticipation is mounting as 13 promising sports startups, covering a vast array of fields, are predicted to make a significant impact on the sports sector in 2024. These enterprises, which…
Fisker’s bankruptcy heralds rethink on EV quality control
Fisker, an electric vehicle startup famed for its Ocean SUV, succumbed to bankruptcy following various operational and product quality issues. The Ocean SUV was marked by numerous performance defects, leading…
Egyptian start-up MNT-Halan acquires Turkish fintech rival
Egyptian start-up MNT-Halan has secured a remarkable $157.5 million in funding for the purchase of their Turkish fintech rival, Tam Finans. This strategic move represents MNT-Halan's steadfast intention to establish…
Fintech startups face scrutiny amid safety concerns
Recent complications with middleman operations have resulted in unexpected problems for fintech startups, causing customer funds to be tied up and inaccessible. This situation has fostered questions about the safety…