Qomodo raises $13.9M to expand BNPL for Italy’s main-street retailers
Payments and financial solutions are two-a-penny at this point, but mostly for online e-commerce. What about physical stores? In 2023 Qomodo, a Milan-based “all-in-one” payment methods aggregator for physical merchants, came out with a €34.5 million ($36.9 million) pre-seed round (mostly debt), which we covered, to expand the BNPL model
Read moreVFS Global Debuts Indonesia e-Visa on Arrival Online Platform
VFS Global has launched a new user-friendly and efficient online platform to streamline Indonesia’s Electronic Visa on Arrival (e-VoA) application process for travelers, promote inbound tourism, and improve the overall customer experience. The platform is consistent with the Indonesian government’s continuous efforts to improve tourist infrastructure and services. The new
Read moreHPE investigating security breach after hacker claims theft of sensitive data
A well-known hacker claims to have stolen source code and user data from the enterprise IT giant © 2024 TechCrunch. All rights reserved. For personal use only.
Read moreMoneyHash, which provides single access to payment services in MENA, banks $5.2M
When merchants or companies launch online, they typically start by partnering with one or two payment processors. But as they grow and expand into new regions, they often need to onboard additional payment partners to meet different customer (and sometimes regulatory) needs, a process that comes with some hurdles. That’s
Read more#DRA2025 Welcomes LexisNexis Risk Solutions as Key Gold Sponsor
IT News Africa is proud to introduce LexisNexis Risk Solutions as a Gold Sponsor for the upcoming Digital Retail Africa 2025 conference in partnership with Proudly South Africa, e-Commerce Forum South Africa, and Retail Brief Africa. The event, scheduled for January 30, 2025, at the Cape Town International Convention Centre,
Read moreKarmen secures $9.4 million for its revenue-based financing products
French startup Karmen has secured a small funding round so that it can improve its instant financing products. The company offers short-term loans to small companies facing a working capital crunch. It’s a €9 million equity-and-debt round ($9.4 million at today’s exchange rates) with Seventure Partners buying a stake in
Read morePresident Trump signs exec order to make Musk’s DOGE commission more official
The Department of Government Efficiency (DOGE), an advisory commission spearheaded by billionaire Elon Musk recommending deep cuts to federal agencies, could soon become more official, should an executive order signed by President Donald Trump pass legal muster. On Monday evening, Trump signed an order that renames the U.S. Digital Service
Read moreTrump signs exec order delaying TikTok enforcement action for 75 days
President Donald Trump has signed an executive order aimed at restoring TikTok service in the U.S. The order instructs relevant government agencies to “pursue a resolution” that “protects national security” while “saving [TikTok.]” Via the order, Trump is instructing the U.S. Attorney General not to take any action for 75 days
Read morePresident Trump repeals Biden’s AI executive order
During his first day in office, President Donald Trump revoked a 2023 executive order signed by former President Joe Biden that sought to reduce the potential risks AI poses to consumers, workers, and national security. Biden’s executive order directed the Commerce Department’s National Institute of Standards and Technology (NIST) to
Read moreUK to unveil ‘Humphrey’ assistant for civil servants with other AI plans to cut bureaucracy
A week after the U.K. government announced a sweeping plan to make big investments into AI, it’s laying out more details around how this will take shape in the public sector. On the agenda: AI assistants to speed up public services; data-sharing deals across siloed departments; and a new set
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