Verto Pay Redefines Nigerian SME Financial Management
Nigeria | Verto introduces its groundbreaking innovation: Verto Pay. This advanced mobile app aims to transform how Nigerian SMEs handle financial transactions, simplifying cross-border commerce while reducing FX and transaction costs. Verto Pay revolutionizes international payments for SMEs, integrating a multi-currency wallet with USD, GBP, EUR, and NGN options. This
Read moreDOJ lawsuit against Apple is headline grabber with limited near-term impact
The U.S. Department of Justice filed a lawsuit against Apple Thursday, accusing the company led by CEO Tim Cook of engaging in anti-competitive business practices. The allegations include claims that Apple prevents competitors from accessing certain iPhone features and that the company’s actions impact the “flow of speech” through its
Read moreUK confirms in-depth antitrust probe into Three and Vodafone’s planned $19B merger
The U.K.’s Competition and Markets Authority (CMA) has confirmed that it’s launching a formal “phase 2” investigation into the planned merger between Vodafone and Three UK. The CMA says that the deal could lead to higher prices for consumers, while also impact future infrastructure investments. However, the CMA has given
Read moreNsave gets $4M to enable people from unstable economies open offshore accounts
Nsave, a fintech based in Geneva making banking in Switzerland accessible to people in countries with unstable banking sectors or facing high inflation, has raised $4 million seed funding. The round was co-led by Sequoia Capital and TQ Ventures with participation from Y Combinator, SV Angel and FONGIT: the State
Read moreDOJ calls Apple’s privacy justifications an ‘elastic shield’ for financial gains
The U.S. Department of Justice sued Apple Thursday over monopolistic practices. The complaint accuses Apple of moulding its privacy and security practices in ways that benefits the company financially. One quote particularly jumps out where the DOJ calls Apple’s privacy and security justification an “elastic shield”: “Apple deploys privacy and
Read moreWhatsApp now lets you pin up to three messages
WhatsApp announced Thursday that users can now pin up to three messages in a chat to access them easily. Until now, users could pin only one message on top of a conversation with a contact or a group. Both Meta CEO Mark Zuckerberg and WhatsApp head Will Cathcart announced this
Read moreWorld Fund closes first €300M climate tech fund, seeking to follow on and back hardware
After a three-year fund-raise, World Fund has finally closed a €300 million first fund, €50 million short of it’s target in 2021, but still a considerable number given a background of war and economic uncertainty. The VC originally emerged from the founders of the Ecosia independent search engine, where search
Read moreHere’s how Microsoft is providing a ‘good outcome’ for Inflection AI VCs, as Reid Hoffman promised
Exactly how much Microsoft is paying all the investors of Inflection AI as part its oddly structured deal to abscond with the co-founders, much of the staff and the rights to use the tech hasn’t been publicly revealed. And Microsoft declined comment when asked. But unnamed sources tell The Information
Read moreWing Venture’s Sara Choi will dig into pitching VCs at TechCrunch Early Stage 2024
Crafting the perfect venture capital pitch is so simple that there’s an industry of consultants to help founders get their decks in order. TechCrunch has a long-running series of Pitch Deck Teardowns to help founders, and you can find an infinite number of Twitter threads on the subject. Easy, right?
Read moreDOJ’s Apple antitrust case neatly aligns with EU on one key point: NFC and mobile payments
As Apple faces down the barrel of a U.S. Department of Justice’s (DOJ) antitrust lawsuit, one might assume that references to the Cupertino company’s existing anti-competitive headwinds in Europe would be peppered liberally throughout the DOJ’s complaint — just for a little extra context and moral support, if nothing else.
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