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Jordan-based online learning platform Abwaab has raised $20 million in a Series A funding round (following a $5 million seed round in March of this year), making it one of the most funded edtech startups in the Middle East, North Africa and Pakistan (MENAP), a region that encompasses 160 million students.
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. This is the New York-headquartered firm’s first investment in Pakistan. In Pakistan, there is a huge whitespace in payments.
Invygo, a startup operating in UAE and Saudi Arabia, has raised $10 million in its Series A funding led by MEVP as it works to scale its car rental service in the region. The Middle East-based startup, founded by Eslam Ahmed Hussein and Pulkit Ganjoo in 2019, has raised $14.3 There is Ekar, which last raised $17.5
The company has now raised more than $80 million, and while it is not disclosing its valuation, PitchBook data notes that it is $715 million as of this round (which appears to have closed earlier in the year). At a time when the global economy has been under pressure, Taptap Send saw business grow eight-fold, the company said.
Since its founding in 2013, NS1 has raised more than $100 million to build an engineering team and robust product portfolio that’s expanded to include DDI, which helps companies manage internal networks. Pakistan’s growing tech ecosystem is finally taking off. Pakistan’s growing tech ecosystem is finally taking off.
Tooling around : Two years ago, two former Palantir engineers started Kurtosis, a crypto-focused developer tool system, and have now raised $20 million in fresh funding to hire a team to get a new product out in the next year, Jacquelyn reports. See you tomorrow! The TechCrunch Top 3. Startups and VC.
There’s a Google of Russia : Its name is Yandex, and it’s selling its media division to, get this, a company called VKontakte, which is considered “the local Facebook equivalent.” He wrote about how Synthesis AI raised $17 million to create synthetic data to improve computer vision and how payroll provider Symmetrical.ai raised $18.5
At the same time, Stambolis said it was pretty clear that more developed ecosystems such as Silicon Valley didn’t care much about meeting struggling regions’ local health and development targets. Zenysis — which raised a $2.8 “What I saw after a while was a missing pillar there, and that was technology innovation,” he said. .
Among other fastest-growing client countries one can also find Latvia, Pakistan, Romania, Lithuania, and Malaysia. Another tip from inside oDesk is to be patient with raising your rates. “If If you look at individual’s rates over time, it increases by about 190 percent over the first three years,” Cooper said.
The consumer fintech company is focused on helping people build credit and raised $30 million in June 2021. In June of 2021, the company raised $150 million at a $2.17 In June of 2021, the company raised $150 million at a $2.17 The B2B payments company raised $200 million at a unicorn valuation in 2021. billion valuation.
You might guess that version 2 would raise more money. The institutional version raised more than 4 times as much from almost twice as many donors. Based on our studies, we've concluded that stories can help you raise money — if you use them right. You'd be wrong. This test isn't an anomaly. So what to do? Don't panic.
In the aftermath of that quake, as well as flooding in Pakistan, fires in Israel, flooding in South and Central America, and countless other incidents, technology played a critical and often-life-saving role, and remains at the center of the ongoing advocacy and long-term rebuilding work in Haiti.
NFTs have been sold to raise money for the Ukrainian people and military. You don’t trust the local currency and on top of that, you don’t trust banks.” A member of Russian performance art group Pussy Riot created UkraineDAO , to use “the power of web3 tech and community to raise funds.” Stand with the people of Ukraine.
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. It first works with local community people to see what its children need and then tailors programs that are specific to that locale.
Companies are raising less money at lower valuations than in 2021, which reflects the market sentiment.”. According to the publication, CFPB director Rohit Chopra said that Apple Pay Later raised “a host of issues,” with antitrust concerns. Balance raises $56M to tip the one-click checkout scales in favor of B2B merchants.
In addition, I do a little real-time assessment in the room by doing “raise your hand” polls or in a webinar by using the polling feature. This can help you adjust in real-time to the audience needs or what I call a real-time pivot. I might audit their Facebook best practices and other social media channels.
In a new campaign to raise awareness about the challenges - and opportunities - in a world of 7 billion, the United Nations Population Fund (UNFPA) has urged the world to take action to reduce the disparities in which hundreds of millions of people in developing and least developed nations lack the most basic ingredients for a decent life.
The company has raised over $86 million over its lifetime and counts NewView Capital and SoftBank’s SB Opportunity Fund among its backers. Meanwhile, Yaydoo has raised over $20 million from investors such as Base10 Partners, monashees, SB Opportunity Fund and Leap Global Partners. “We Klarna recently raised $800 million at a $6.7
Other hard-hit countries will include Nigeria, Indonesia, the Philippines, Pakistan, Sudan, and Niger. According to the World Resources Institute , As occasional reports arise of locally acquired malaria in Europe and the U.S., The Arctic is predicted to be practically ice-free during summertime. degrees Fahrenheit.
Egyptian fintech Paymob , which enables merchants to accept digital payments online and in-store, announced today it has raised $50 million in Series B funding. Last year, Paymob had over 35,000 local and international merchants using its payment gateways like Swvl, LG, Breadfast, and Homzmart. ” Egypt’s Paymob closes $18.5M
In July 2020, Paymob raised $3.5 An additional $15 million was raised from the same investors led by Dubai-based VC firm Global Ventures. The total raise of $18.5 Asides from Egypt, Paymob is also present in Kenya, Pakistan, and Palestine. million Series A round. million as its first tranche of Series A investment.
For the unacquainted, Ramp is a spend management startup that last August raised $300 million at a $3.9 Other prominent players in the space include Brex, which last month announced a $300 million raise at a $12.3 billion valuation. billion. .” Pluto is starting the same way.
We connect the local with global resources.” The most populous Muslim country is Indonesia , followed by India, Pakistan, Bangladesh, Nigeria, and Egypt. I also liked the work we did a few years ago to support telecentres in poor communities affected by civil war in Colombia. The Challenge of Philanthropy to the Muslim World.
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.
For transgender students involved in a very special project at a culinary school in Pakistan , there is more to a class than just learning the art of cooking. Since January, she has been enrolled in a new course for the trans community at the Culinary & Hotel Institute of Pakistan. She never misses a class.
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