This fintech has a fix for the biggest cross-border payments issues in Francophone Africa
Until a few years ago, it used to be difficult to make payments across borders almost anywhere in the world. But it’s still a big problem in Africa, where fragmented, disconnected systems, high fees, and poor infrastructure make it tough for businesses and individuals to move money quickly and affordably.
Read moreEFT Corporation Welcomes New Managing Director for Zimbabwe Operations
EFT Corporation has appointed Farai Tigere as the new head of Zimbabwe’s operations. The company aims to promote financial inclusion, digital transformation, and economic empowerment in the region. Tigere joined EFTCorp as an implementation engineer before transitioning to business development and solution architecture in 2018. He has played an important
Read moreShared scooter startup Voi reports its first profitable year as it explores an IPO
Swedish shared micromobility giant Voi had its first profitable year in 2024, according to preliminary unaudited results the company shared exclusively with TechCrunch. Voi, which offers shared e-scooters and e-bikes across more than 100 markets in Europe, recorded €132.8 million ($138 million) in net revenue in 2024. On an adjusted
Read moreDeepSeek reaches No. 1 on US Play Store
Chinese AI lab DeepSeek's Android app has taken the No. 1 spot on the Google Play Store, days after the chatbot app clinched the top spot on the App Store. © 2024 TechCrunch. All rights reserved. For personal use only.
Read moreNaboo secures $21M for its concierge-style corporate event booking platform
If you’ve ever tried to book a venue for a company event, you’ll know how onerous a task it can be. You have to contact multiple vendors, wait for quotes, evaluate them, see if you can get a good deal, and then get all that approved. So it makes sense
Read moreSoftBank to invest $500M in robotics startup SkildAI
SoftBank is negotiating a $500 million investment in Skild AI, a software company building a foundational model for robotics at a $4 billion valuation, Bloomberg and Financial Times reported. The two-year-old company raised its previous funding round of $300 million at a $1.5 billion valuation last July from investors including
Read moreItaly sends first data watchdog request to DeepSeek: ‘The data of millions of Italians is at risk’
The jury is still out on whether the Chinese AI upstart DeepSeek is a game changer or possibly part of an elaborate plan by its hedge fund parent company to short Nvidia and other tech stocks. Whichever it might be (maybe both?), DeepSeek and its large language model has made
Read moreDeepSeek: Everything you need to know about the AI chatbot app
DeepSeek has gone viral. Chinese AI lab DeepSeek broke into the mainstream consciousness this week after its chatbot app rose to the top of the Apple App Store charts. DeepSeek’s AI models, which were trained using compute-efficient techniques, have led Wall Street analysts — and technologists — to question whether the U.S. can maintain its
Read moreDavid Sacks claims there’s ‘substantial evidence’ that DeepSeek used OpenAI’s models to train its own
David Sacks, Trump’s AI and crypto “czar,” said in an interview on Fox on Tuesday that there’s “substantial evidence” that Chinese AI company DeepSeek “distilled” knowledge from OpenAI’s AI models, a process that Sacks compared to theft. Sacks, who didn’t cite the source of this “evidence,” suggested that DeepSeek used
Read moreDeepSeek triggered a wild, baseless rally for some Chinese stocks
Hype around DeepSeek sent the stock price of several Chinese companies soaring, but proof of their ties to DeepSeek is non-existent. © 2024 TechCrunch. All rights reserved. For personal use only.
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