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South African payments gateway Ozow raises $48M Series B led by Tencent

TechCrunch

Chinese internet giant Tencent led the round, with other investors Endeavor Catalyst and Endeavor Harvest Fund participating. The company allows consumers to access their internet banking platform when they make transactions online. Faster deals, less diligence: The African startup market mirrors its larger rivals.

Banking 269
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Extra Crunch roundup: Lordstown Motors’ woes, how co-CEOs work, Brian Chesky interview

TechCrunch

The startup’s history is tied to places representative of San Francisco: The founding team worked out of Peet’s Coffee on Mission Street for a few months, then crashed at a penthouse lounge near the 4th and King Caltrain station, followed by a tiny office and then a slightly bigger one in the Flatiron building near Market Street.

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Payments remain the darling of the fintech space

TechCrunch

Either way, let’s hope 2023 brings with it greater due diligence, less ego and more viable business models. From Axios: “Retail trading platform Robinhood is launching an independent media brand called Sherwood that will be led by veteran tech editor and media entrepreneur Joshua Topolsky.

Fintech 263
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The HP-Autonomy lawsuit: Timeline of an M&A disaster

CIO

The 1990s: Founding myth 1990: Mike Lynch, an academic in Cambridge, England, borrows—or so the legend goes—£2,000 to start Cambridge Neurodynamics, going on to develop the software that would later give rise to Autonomy. Lynch’s lawyers will later claim that HP executives spent just six hours in conference calls with his team.

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What is Cloud Adoption and Why is it Important? | iTexico

iTexico

Put simply, “the cloud” is comprised of software and services residing and operating on the Internet instead of a local computer or on-premise network of servers. Cloud adoption is a strategy used by enterprises to improve the scalability of Internet-based database capabilities while reducing cost and risk.

UI/UX 59
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Trigent Software, a Pioneer in Software Development for IT Businesses: GoodFirms

Trigent

There is everything with Trigent Software that a successful software development company holds to obtain remarkable market growth and mark customer footprints for long, from happy employees to happy customers. Palaniappan advocates the in-house team model in the company. All tasks are executed within Trigent’s premises.

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Software Development Outsourcing in 2023 – All you need to know

InfoBest

We don’t blame you—it’s a great way to keep costs low and take advantage of the latest trends in software development. Therefore, is no wonder why software development and IT outsourcing services are becoming the savior in the current digital field. What Is Software Development Outsourcing? Ready to outsource?