Author: Akin Naphtal

Pipe Technologies, a platform that allows firms to turn their recurring revenue into up-front capital, has appointed Luke Voiles as its new CEO. The appointment was announced to the public by the company. Secondly, the firm, which was seeking a veteran CEO to take over at the firm amid a restructuring of its leadership team, has also announced the appointment of  Zilch USA CEO Albert Periu to its board of directors. READ ALSO: MTN Nigeria rolls out 588 5G sites as 4G coverage hits 79.1% in Nigeria Ouranos Technologies boosts enterprise tech with $2m Lab, appoints Olusegun Maleghemi as CIO…

A global payment solutions business, Flutterwave has secured two payment processing licences to operate in Egypt.The company said that the Payment Services Provider and Payments Facilitator licences will help it to engage Egypt’s digital payments market, which according to Statista is projected to top US$14.15-billion in 2023. Flutterwave is permitted to operate as an official digital payments service provider and collect and settle payments on behalf of clients. This gives the Nigerian unicorn a competitive edge as it will be among the few service providers in Egypt capable of facilitating both local and international payments. READ ALSO:Biden-Harris Administration to Use…

Egyptian Marketing Communication Startup Gameball Raises $3.5m Seed RoundEgypt-based marketing CRM platform Gameball has closed a US$3.5 million seed round to accelerate product commercialisation, enterprise customer acquisition and strategic hiring. Founded in 2020 by Ahmed Khairy, Ahmed El Assy and Omar Alfar, Gameball is an all-in-one customer intelligence and marketing CRM platform that helps consumer brands create personalised engagement with customers and monetise their customer base. READ ALSO: Snapple Launches fAIct Generator Powered by Technology from ChatGPT Creator OpenAI CrowdStrike Former CTO Michael Sentonas Promoted to President Biden-Harris Administration to Use Technology, Announces $74 Million to Advance Enhanced Geothermal Systems…

The U.S. Department of Energy (DOE) has announced a funding opportunity of up to $74 million for up to seven pilot projects that will test the efficacy and scalability of enhanced geothermal systems (EGS). Directed by the landmark Bipartisan Infrastructure Law (BIL), the pilot projects will use innovative technology and a variety of development techniques to capture the Earth’s abundant heat resources in diverse geologic settings. Through this investment, DOE hopes the research and development from the findings would demonstrate the growth and ultimate potential for geothermal energy to provide reliable, around-the-clock electricity to tens of millions of homes across…

Snapple®, the iconic beverage brand that delivers fun and flavorful teas and juice drinks, is proud to announce the launch of the Snapple fAIct Generator, an AI-powered tool that makes it easy to create facts about any topic. Now celebrating 20-years of Snapple Real Facts®, facts found under every Snapple bottle cap, the Snapple fAIct Generator puts fact-creation in the hands of the brand’s fans. To help share the news of this new tool, Snapple used ChatGPT to write this press release, with some light edits to make it more Snapple-y. READ ALSO: CrowdStrike Former CTO Michael Sentonas Promoted to…

New York-headquartered Alloy has launched in the UK, establishing the fintech company’s first physical location outside of its home market. Last September, Alloy raised $52m (£43.1m) in Series C capital at a $1.55bn (£1.3bn) valuation. The company has created a single API that conducts know your customer and business, anti-money laundering and compliance checking for banks and financial service companies. “The UK is one of the world’s most powerful fintech hubs, and we can’t wait to help innovative local firms unlock their potential abroad,” said Edwina Johnson, head of global for Alloy. “For too long, international expansion has involved trade-offs…

CrowdStrike announced the promotion of Michael Sentonas to president. Sentonas, who has served as CrowdStrike’s chief technology officer (CTO) since 2020, will be responsible for leading the company’s product and go-to-market functions, including its sales, marketing, product and engineering, threat intelligence, corporate development and CTO teams. The appointment comes as CrowdStrike, the recognized market leader in endpoint security, drives growth at scale as customers consolidate point products, including XDR, cloud security, identity protection and more, on its industry-leading cybersecurity platform. READ ALSO: Singapore-based fintech Tazapay raises $16.9m in Series A funding round Stelo in New Release of a Fresh Version…

A leading Singapore-based fintech company specialising in cross-border payments, Tazapay has secured $16.9 million in a Series A funding round led by Sequoia Capital Southeast Asia. The round also saw participation from new investors EscapeVelocity, PayPal Alumni Fund and angel investor Gokul Rajaram, as well as existing investors Foundamental, January Capital, RTP Global and Saison Capital. The Series A brings Tazapay’s total capital raised to $18.9 million. Founded in 2020 by former executives of Stripe, PayPal, Grab and Standard Chartered, Tazapay provides a digital payment platform for companies engaging in cross-border transactions. With the fresh funds, the company intends to…

VisionTrack, the leading AI video telematics and connected fleet data specialist, is transforming commercial fleet safety with the launch of a sophisticated AI-powered post-analysis solution. NARA (Notification, Analysis and Risk Assessment) will revolutionise how vehicle camera footage is assessed and help vehicle operators to dramatically reduce road deaths and injuries. “Our cloud-based NARA software is a true game changer in the world of video telematics as it will help save time, costs and most importantly lives, by providing proactive risk intervention and accurate incident validation,” explains Richard Kent, President of Global Sales at VisionTrack. “NARA proactively removes false positives and…

Pipe Technologies, a platform that allows firms to turn their recurring revenue into up-front capital, has appointed Luke Voiles as its new CEO. The firm, which was seeking a veteran CEO to take over at the firm amid a restructuring of its leadership team, has also appointed Zilch USA CEO Albert Periu to its board of directors. Voiles joins Pipe from Square, where he served as general manager of Square Banking, where he was responsible for scaling and managing Square Loans, instant transfer, Square Checking, and Square Savings globally. Prior to Square, he held roles at Intuit, including CEO and…