Fintech Block dismissed 931 people, approximately 8% of the company’s staff, on Tuesday, according to a leaked message from the company seen by britcommerce. The newspaper was announced in an email of the co -founder and CEO of Block, Jack DORSEY. Dorsy told the staff that on Tuesday, Block will be “making some changes in […]
Read the email that Jack DORSEY sent when 931 of block staff cut– BC Read More »
Companies have internal data stumps and information that employees need to complete their tasks or answer questions for potential customers. But that does not mean that the right information is easy to find. Onyx He wants to solve that problem through his internal business search tool. There are other big names in the category, such
Why ONYX believes that his open source solution will win the business search– BC Read More »
Although employers require that their employees complete annual cybersecurity training courses, cybersecurity violations promoted by humans are still produced. The problem could even worse substantially as the generative AI increases the scale and customization of social engineering campaigns. AnagramPreviously known as Cipher, it is adopting a new approach to the cybersecurity training of employees that
Anagram adopts a gamified approach for the training of cybersecurity of employees– BC Read More »
A large part of the population of Egypt lacks access to traditional banking, which forces many to trust cash transactions and informal loans. Khazna, a Fintech startup founded in 2019, is addressing this problem by offering adapted financial services for low and medium -income workers. The company offers solutions such as salary advances, digital payments
If you talk to a Fintech entrepreneur about your business, you are likely to end up talking about accounting problems at some point. A larger book is a record of money movements that serve as a source of truth for financial assets, but when a company begins to have multiple bank accounts, payment processors and
Formance raises $ 21 million to build the AWS for Fintech infrastructure– BC Read More »
More startups closed in 2024 than the year before, according to multiple sources, and that’s not really a surprise considering the crazy number of companies that were funded in the crazy days of 2020 and 2021. It looks like we’re not done, and 2025 could be another brutal year of startups going dark. britcommerce compiled
2025 will likely be another brutal year of failed startups, data suggests– BC Read More »
It’s not an easy time to raise money for an electric vehicle startup, especially considering how many have failed or are about to fail. But based in Los Angeles Herald has achieved this by taking a highly focused approach on electrifying commercial road transport. The reward is a $100 million Series B, co-led by Tesla’s
EV Startup Harbinger’s Obsession with Simplicity Fuels $100M Series B– BC Read More »
Groww, India’s largest retail brokerage, is preparing to file for an initial public offering (IPO) in 10 to 12 months, seeking a valuation between $6 billion and $8 billion, sources told britcommerce familiar with the matter. The listing of the Bengaluru-based company would be the first initial public offering of a digital commerce platform in
India’s Largest Commerce App Groww Seeks $7 Billion Value in IPO– BC Read More »
A US court ruled in August that Google has a search monopoly, and while Google appeals, the Justice Department is figuring out what kind of potential penalties to impose, such as breaking Chrome. As part of this process, the Justice Department wants to call a specific witness, according to a recent court filing: Dmitry Shevelenko,
An African fintech that has grown with a team of 30,000 direct sellers is marching toward profits in country after sub-Saharan country. Now, M-KOPAThe pay-as-you-go asset financing platform that serves 5 million unbanked Africans, is moving towards a major milestone: surpassing an annual revenue rate of $400 million by the end of the year. The
Financial inclusion brings African fintech M-KOPA to $400 million in ARR– BC Read More »
