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For an Undisclosed sum, payments startup of Nigeria, Paga has procured Apposit, a software development organization located in Ethiopia. Paga will likewise initiate its payment products this year in Mexico and in Ethiopia immediately, remarked CEO of Paga, Tayo Oviosu.By this acquisition, Paga takes in Apposit's tech operations and...
The fintech firm based out in Johannesburg, MFS Africa bags another $1.2M funding from Nairobi based fin-tech firm, FSD Africa.FSD Africa investments is the segment of FSD Africa dealing with investments. It is a specialist agency funded by the UK government. The agency declared the news of investment yesterday...
There is no stopping of Chinese firms eyeing to start a business in Singapore. Recently, the Chinese Government-owned real-estate developer, Greenland Group, said that it would apply for a digital wholesale banking license in Singapore with a few allies. The consortium will be led by Greenland Financial, the investment...
A recent declaration from International Petroleum Corp. (IPC) states that it had become a part of an agreement to acquire Granite Oil Corp. for total debt and equity consideration of around $59 million. Further, the Acquisition consists of high netback, light oil-producing assets in the Milk River zone of...
SEBA, licensed and supervised Swiss bank, is planning to raise approximately CNF 100 million( approx. $96.5 million) in the second round of fundraising in a bid to register strong growth.The Swiss bank’s initial round of fundraising helped it to accomplish expansion in 10 countries within two years of operations...
Following the three-month-long ‘Click Out’ campaign, Amazon has announced that it will open its homepage for digital ads for the first time. Coming right ahead of the high-seller season, the move puts Amazon on a head-to-head with ad space giants Facebook and Google.While Amazon had previously allowed only listing...
New Research study reveals that the most unprotected economic countries with regards to correction in house prices are Canada and New Zealand. Other countries raising warnings are the UK and Australia.Niraj Shah, the Economist, tried to create a dashboard for the housing bubble and included various subjects such as...
When it comes to the biggest tech companies in the world, they are almost always known for innovation, great products and lastly, development of key partnerships that allow them to grow at a breakneck pace for decades. In that regard, Microsoft has been one such company for as long...
Reckitt Benckiser agrees to pay a penalty of worth $1.4 billion to settle the investigation of opioid addiction treatment.Nurofen and Durex manufacturer mentioned that the company has managed to reach a deal with the Department of Justice and Federal Trade Commission of US so as to solve the long-running...
Around a decade and a half ago, nobody would have imagined that Amazon was going to become one of the most valuable companies in the world. However, the e-commerce giant managed to turn all those expectations on their heads as it grew at a relentless pace over the years...