Locad, a leading provider of Cloud Supply Chain-as-a-Service solutions, has raised $9 million in its pre-Series B funding round. The investment was co-led by Global Ventures and existing backer Reefknot Investments, with participation from Sumitomo Equity Ventures, Antler Elevate, Febe Ventures, and JG Summit. The funds will drive Locad’s international expansion, beginning with the UAE […]
November 7, 2024 – In a strategic move to drive financial inclusion and streamline cross-border payment solutions across the African continent, Thunes has announced a partnership with Ecobank, a leading pan-African financial institution. This collaboration aims to build secure, efficient digital payment pathways for millions of individuals and businesses throughout Africa, connecting them with global […]
November 6, 2024 – Tencent has announced a strategic partnership with Visa to bring its palm recognition technology to international markets, with an initial rollout in Singapore. The service, called “Pay by Palm,” enables Visa cardholders from participating banks—including DBS, OCBC, and UOB—to make secure, contactless payments by scanning their palms. The pilot launch was […]
London, U.K., Cairo, Egypt – October 17, 2024 – Thunes, a leading global cross-border payment provider, today announced the expansion of its Direct Global Network into Egypt, offering enhanced mobile wallet and bank account payment capabilities. This move significantly strengthens Thunes’ Pay solutions, providing greater flexibility and speed for cross-border payments in one of the Middle […]