Investors rely on Artificial Intelligence. It’s no different, according to a study (PDF) by London-based financier MMC Ventures, explaining why 40 percent of all AI startups in Europe use the term without using the technology. Only in about 60 percent of the AI companies investigated was the technology “essential” for…
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Kenyan Communications hardware company BRCK acquired the assets of Nairobi Surf-based Internet provider and its US parent, EveryLayer, in a purchase agreement for an undisclosed amount in February. About EveryLayer Based in Nairobi, Surf is an access point service provider aimed at providing affordable internet for lower income segments. BRCK…
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TeamApt, Fintech’s Nigerian startup, raised $ 5.5 million in capital in a Series A round led by Quantum Capital Partners. The Lagos-based firm will use the funds to expand its white-label digital finance products and focus on consumer finance with the launch of its AptPay banking application. About TeamApt Founded…
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In the near future, will we ask for a mortgage on Facebook? And will our checking account be on Amazon? Maybe on Google? It is not such a remote hypothesis; In fact, it has been circulating for some time. But now it seems that the thing is serious, with all…
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Mineko Loanboox founder Stefan Mühlemann, the homepoint group, so Robert Besir, Fuhnke media makers Michael Wüller, Michael Hegmann, Thomas Ziegler and Michael Munz invest a six-figure sum of less than 500,000 euros, in the Berlin startup Mineko. On Mineko, tenants can have their rental charges settled – without membership, subscription…
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In Spain, the chain of success began. When Pagantis was born in 2011, his idea was to develop a leading business in the country, as its CEO Rolf Cederström recalls. “We were pioneers in online consumer credit and after the strong demand from our international merchants and partners, we are…
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The German Cabinet announced that the strategy for the country’s block chain industry will be presented by mid 2019. Through a document, the institution commented on the development of the fintech of the country. After a request for information from parliamentarians in the Bundestag. The Cabinet declared that it will…
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BMW and Daimler are jointly investing one billion euros in mobility service providers and founding five joint ventures. One of them is the parking service startup Park Now. Daimler and BMW operate Park Now, a joint venture to help find and pay for parking. The parking service can find free…
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An initiative recognizes young companies committed to the UN’s sustainability goals. A Duisburg startup scores points with an interactive ball for inclusion. A small ball with a big impact The Ichó ball of the homonymous startup is charged with sensor technology, reacts with light and sound to touch and movement.…
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The London Stock Exchange Group led an investment round of 20 million dollars from fintech startup Nivaura. This startup is responsible for developing the first blockchain based bonus. According to a source, LSEG paid an undisclosed amount for a minority share in Nivaura. The startup provides blockchain solutions that automate…
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