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Cryptocurrency company Circle to go public in SPAC deal

TechCrunch

And one that makes money work the way the Internet works,” Circle co-founder and CEO Jeremy Allaire told TechCrunch’s Natasha Lomas in 2016. In 2017 and 2018, the company pivoted once again to focus on cryptocurrencies. From the day we founded the company three years ago we’ve focused on trying to build a new consumer finance company.

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Why ethical AI should be important to CIOs

CIO

Salima Bhimani has been encouraging the responsible and ethical use of AI for several years as Alphabet’s first chief strategist and director for inclusive and responsible technology, business, and leaders from 2017 to 2023. A lot of people around the world still don’t have access to the internet, which is wild but true.

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Indonesian insurtech startup Fuse gets $25M Series B extension to expand further in Southeast Asia

TechCrunch

Launched in 2017, Fuse connects insurance companies with multiple distribution channels and partners to make insurance services accessible and affordable through its technology. The startup has closed three funding rounds of Series B within the past six months, bringing the company’s total raised to over $70 million.

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Google’s Africa Investment Fund makes first investment in Uganda’s SafeBoda

TechCrunch

Internet giant Google announced today that it has made the first investment from its Africa Investment Fund in Ugandan super app SafeBoda. SafeBoda has rarely announced any of its funding rounds since its inception in 2017, but people who know the company’s dealings say it has raised over $20 million.

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Bridging continents: The role of connectivity in Africa’s digital transformation

CIO

While expanded internet access drives digital growth and opens opportunities for the adoption of more digital solutions, challenges remain in meeting the continents connectivity needs. It launched a Regional Information Infrastructure Project, enabling access to the international internet backbone through undersea cables.

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Digital securities platform iSTOX closes $50 million Series A to make private equity accessible to more investors

TechCrunch

Other participants included Juroku Bank and Mobile Internet Capital, along with returning investors Singapore Exchange, Tokai Tokyo Financial Holdings and Hanwha Asset Management.

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Cybersecurity training startup Hack The Box raises $10.6M Series A led by Paladin Capital

TechCrunch

Started in 2017, Hack The Box specializes in using “ethical hacking” to train cybersecurity techniques. Haris Pylarinos, Hack The Box co-founder and CEO said: “Everything we do is geared around creating a safer internet by empowering corporate teams and individuals to create unbreakable systems.”.

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