Upgrade acquires travel-focused BNPL startup Uplift for a song
Upgrade, a provider of personal credit lines and other consumer financial products, today announced that it’s agreed to acquire Uplift, the buy now, pay later (BNPL) vendor, for $100 million in cash and stock. It’s likely not the exit Uplift was hoping for — and a sign of serious consolidation
Read MorePatently messy: How a $6B deal may spur more IP lawsuits
A megabucks enterprise acquisition that closed six months ago could lead to thousands of patents landing on the open market. Last August, Canadian enterprise technology giant OpenText announced plans to acquire U.K.-based IT software vendor and consultancy Micro Focus for a chunky $6 billion, a deal that closed on January
Read MoreReddit is testing its own verification mark and new accessibility features
After Twitter’s (now X) rollout of a new paid plan offering verification, other social media companies like Meta, LinkedIn, and Tumblr have tried to implement their own badges. Reddit is now joining the bandwagon by testing a new “official” badge. The company said it is testing these labels with a
Read MoreTerragon’s $9M raise gives credence to the market maturity in Africa’s cloud and martech space
As one of the well-known data and cloud martech companies in Africa, Terragon, via several products, gives its clients (primarily telecommunications and financial services companies) data on the continent’s growing consumer markets. Adrenaline, its main product, is a telco-data monetization solution that lets telcos diversify their income and marketers access
Read More5 Apps that can Help Improve Productivity When Working from Home
While working in a hybrid context is favorable and becoming more possible nowadays with the cloud technology that we have access to, working from home can still be challenging. Anyone is prone to distractions and working in a home environment without a functional set up can pose its own unique
Read MoreHashtag Trending Jul.27- Alexa gets smarter with AI; Microsoft’s earning surpasses Wall Street expectations; SEC requires public companies to disclose all data breaches within four days
Alexa gets smarter with AI and how is AI paying off for Microsoft? According to one report AI was mentioned 175 times in a recent Microsoft analyst briefing – does that give you any hints? And could you determine that a breach is material and get a report out to
Read MoreBloom Money raises £1M to digitize finance for ethnic communities
Bloom Money, a U.K.-based fintech, has raised £1 million to digitize an informal financial management system employed by ethnic communities across the world. Often referred to as “rotating savings and credit association” (ROSCA), the model varies in the details around the world, but usually, it involves an informal gathering of
Read MoreThe Blockchain Ecosystem: Emerging Use Cases and Industry Applications
Blockchain technology, originally devised as the driving force behind Bitcoin, is now manifesting its versatility by proving its potential in various sectors. With its inherent security and transparency, blockchain offers an innovative way to record, verify and transfer data, challenging the status quo in fields as varied as finance, healthcare,
Read MoreTwitter rebrands its Android app with the new X logo
Twitter updated its Android app today by replacing the iconic bird logo with its new X logo — the latest step in its ongoing rebranding efforts. The company also updated its app listing on the Google Play Store to reflect the new branding with screenshots of the app with black
Read MoreKenya’s FarmWorks raises $4M pre-Series A funding
FarmWorks, a Kenyan agtech that provides farmers with access to farm inputs, and market for their produce, has raised $4.1 million in a pre-Series A round led by Acumen Resilient Agriculture Fund, an existing investor. Livelihood Impact Fund, Vested World, a number of family offices, and angel investors also participated
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