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Two years ago, a group of entrepreneurs in Pakistan began surveying the market to understand why financial services weren’t reaching the majority of merchants in the world’s fifth most populous nation. On Friday, Tiger Global said it is backing their startup, CreditBook , to help address those challenges.
Some examples of Seedstars’ portfolio companies include Pakistan e-commerce startup Dastgyr; Saudi Arabian cloud-based point-of-sale and restaurant management system Foodics; Indonesian workforce marketplace MyRobin; Latin American restaurant CRM OlaClick ; and Nigerian B2B marketplace Omnibiz. Another criteria is to back local founders.
This downsizing from the Dubai-based startup adds to the long list of global cross-stage layoffs in what has been a rough month for tech employees. SWVL is present in 13 markets globally: the UAE, Egypt, Kenya, Germany, Spain, Italy, Switzerland, Turkey, Japan, Argentina, Saudi Arabia, Jordan and Pakistan.
For us, the opportunity is not about taking market share from other players, it’s really about expanding the awareness of online work and hiring these virtual global teams as an alternative to traditional way of recruiting or building a company,” he said. But managing someone online is entirely different than working with someone in person.
Cross-border remittances — when people living and working abroad send money back home to friends and family — continues to be a huge part of how those living in developing countries, off the global financial grid, can be helped. on 2020, as parts of the global economy started to claw back growth after a tough 2020 due to Covid-19.
Omer Alvie and Awab Alvi are associated with the Help-Pakistan.com web site which was launched as part of the ongoing relief effort for the October, 2005 massive earthquake in Pakistan. They've launched an online campaign to support free speech of Pakistani bloggers and internet free speech in general.
George Durham, Program Manager, Microsoft Global Community Affairs On January 12th, 2010, a devastating earthquake ripped through the Haitian landscape, literally decimating cities like Leogane, Petit Goave, and much of Port-au-Prince. George Durham is a Program Manager with Microsoft’s Global Community Affairs team.
I did a post a few weeks ago on youth programs in TechSoup Global's new Local Impact Map and decided I hadn’t covered this resource nearly enough. Our Local Impact Map. demonstrates what nonprofits, NGOs, and libraries around the world are doing with their TechSoup Global software donations to further their missions.
His roles involved representing Australia in international negotiations on global health and humanitarian affairs and as an advisor to the UN secretary general on global health and pandemic preparedness. . What I saw after a while was a missing pillar there, and that was technology innovation,” he said. . based VC firm 500 Startups. .
Global Impact of InterConnection's Programs. During the past few years, InterConnection has also participated in supplying badly needed IT equipment to disaster stricken areas like Chile , Haiti and Pakistan , and Japan. Most of the computers that the organization works on are donated by local companies and residents.
You don’t trust the local currency and on top of that, you don’t trust banks.” The country ranked fourth on Chainalysis’ Global Crypto Adoption Index , behind only Vietnam, India and Pakistan, and about $8 billion of cryptocurrency passes through the country annually.
Customers who “start their selling journey” with Zillow can now simultaneously request both a cash offer from Opendoor and an estimate of what their home could sell for on the market with a local Zillow Premier Agent partner. Sellers who opt to sell their home on the market will be paired with a local Zillow Premier Agent partner.
SAP , a TechSoup Global donor partner and a leader in enterprise software applications partnered with the UNFPA to unveil two interactive population dashboards to mark the milestone. It took until year 1800 for global population to reach 1 billion. In my country of origin, Pakistan, half the population is under the age of 19.
And yet, despite the worsening global and local macroeconomic climate, unicorns keep being minted in the region. Sequoia backs fintech Dbank in maiden Pakistan investment. Sure, problems are also opportunities, but what if there are just too many hurdles to overcome in the near future? Funding and M&A.
How much do we value bringing global cultures and opinions into our institution? How much do we value brand awareness outside of local markets? Many museums run outreach programs at a variety of levels of local to global reach. Others produce publications and media for global distribution.
A new consensus is growing within the scientific community about climate change: The goal of limiting global warming to 1.5 Weve already experienced the first full calendar year beyond this threshold, with last years global average temperature being 1.6 Fires and Disease By 2100, the number of extreme fires could increase 50% globally.
Meanwhile, Yaydoo has raised over $20 million from investors such as Base10 Partners, monashees, SB Opportunity Fund and Leap Global Partners. The startup says it will also continue to grow its local presence and team in EMEA. Apple alum’s finance operations startup Bluecopa raises funds to expand globally. ” Personnel.
PayPal Ventures, the global corporate venture arm of PayPal, New-York-based venture capital Kora Capital, and London-based Clay Point led the round. million Series A last April — A15, FMO, and Global Ventures — doubled down. The expansion to Pakistan could see Paymob grow faster by year’s end.
An additional $15 million was raised from the same investors led by Dubai-based VC firm Global Ventures. Paymob has a perfect combination of high-quality technology, product customers increasingly cannot do without, and an outstanding management team, “Basil Moftah, general partner at Global Ventures, said of the investment.
And today, the company is announcing that it’s just closed a $6 million seed round led by Global Founders Capital that included participation from firms such as Soma Capital, Graph Ventures, Adapt Ventures and OldSlip group. Ridwan and Zen previously worked at companies such as Square, CashApp, Shopify and Uber.
TechSoup Global’s Dara Westling attended the recent Global Donors Forum in Washington, D.C. She is our vice president of development alliances and global media for TechSoup Global’s domestic and international programs. We connect the local with global resources.” Dara Westling.
government will stop sharing air quality data gathered from its embassies and consulates, worrying local scientists and experts who say the effort was vital to monitor global air quality and improve public health. “It was a source of access to air quality information independent of local monitoring networks.
At the Civic Summit, as it was called, leaders announced where they would invest resources to provide enhanced protections around upcoming global elections — and also where they would not. They created dashboards to analyze network activity and alerted local election officials to any problems.
April 28, 2023 ChatGPT parent company OpenAI closes $300M share sale at $27B-29B valuation VC firms including Sequoia Capital, Andreessen Horowitz, Thrive and K2 Global are picking up new shares, according to documents seen by TechCrunch. based company to stop processing locals’ data. A source tells us Founders Fund is also investing.
Many brands took the occasion of George Floyd’s murder at the hands of police, and the global protests that have followed, to signal their solidarity with the black community and their allies. We also want to work it together with FBI and local law enforcement, in case some people use Zoom for bad purposes,” he said. million views.
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