Wole Oduwole Takes the Lead in Building SEO for Startups in Africa
Launched on August 1, 2022, SEOGidi has quickly made a name for itself as a search engine marketing company dedicated...
Quandri Raises $8.5M in Series A Funding to Revolutionize Insurance Industry with Digital Workers
Quandri, a Vancouver-based startup, has successfully raised $8.5 million in a Series A funding round led by FUSE, with participation...
Ariga Secures $15 Million in Funding for Its Innovative Database Management Solution
In the cloud-native environment, where multiple databases present substantial migration challenges, an early-stage startup named Ariga is pioneering a novel...
Japanese Government Backs Micron’s $3.6 Billion Investment for Advanced Memory Chip Production
Micron Technology, a leading U.S. chip manufacturer, has announced a significant investment of up to 500 billion yen ($3.6 billion)...
Hourly worker rewards platform Salt Labs secures $10m in pre-seed funding
Salt Labs has raised $10 million in pre-seed funding for its rewards platform aimed at hourly workers. The platform allows contract workers to earn rewards for every hour worked and redeem them for goods and experiences. Salt Labs aims to modernize the total rewards structure for frontline workers and better align enterprises' long-term interests with those of their workers.
Abound Raises £500 Million for Open Banking-Based Lending Business
Abound, a UK-based consumer lending service, has raised £500 million ($601 million) to fuel its open banking-based business, which combines open banking data and machine learning algorithms to build a better credit score for applicants. Abound is planning to expand its direct-to-consumer offering in the UK, and as a B2B service in Europe. The service issues loans of between £1,000 and £10,000, and has been growing on average 30% month-on-month, with over 150,000 customers to date. The new funding includes both debt and equity, with Citi and Waterfall Asset Management providing the debt portion, and K3 Ventures, GSR Ventures and Hambro Perks providing equity.
African Crypto Exchange Platform, MARA Raises $23M
MARA, launched yesterday and announced $23 million in funding from Coinbase Ventures, Alameda Research (FTX), Distributed Global, TQ Ventures, DIGITAL,...