Tagged: big data

October 24, 2021 @ 5:56 pm By Omar Faridi  |  

Pagaya Technologies Ltd., a financial technology firm that enables financial institutions to expand access to more clients via its artificial intelligence network, announced earlier this week that it formed a new partnership with SoFi (NASDAQ: SOFI), the digital personal finance company. The new partnership will… Read More

October 14, 2021 @ 8:51 am By Omar Faridi  |  

Constellation, a distributed infrastructure that connects Big Data and the blockchain, has announced that it has acquired Dor, a startup that helps retail brands expand their business operations by “empowering them to improve customer outcomes through its data analytics solution that enables them to better… Read More

October 7, 2021 @ 3:08 pm By Omar Faridi  |  

Pagaya Technologies Ltd., a financial tech firm that enables financial institutions to expand access to more clients via its partnerships and AI network, reveals that it has hired Leslie Gillin, ex- President at Chase Co-Brand Cards, CMO of Citi‘s Global Consumer Bank and, recently, CMO… Read More

September 24, 2021 @ 11:00 am By Omar Faridi  |  

Nervos, China’s leading public blockchain, has revealed that it will be integrating its testnet and mainnet with Covalent, an established provider of indexing solutions for blockchains, “expanding the availability of data on the network and simplifying the experience for developers building on Polyjuice, an Ethereum… Read More

September 20, 2021 @ 8:37 pm By Omar Faridi  |  

A report from national non-profit Commonwealth notes that “powerful” emerging technologies (Emtech) have the “unprecedented” potential to “shape the future of people’s financial lives, often in ways that will be with us for decades or longer.” According to the Commonweatlh report, Emtech like Big Data-powered… Read More

September 18, 2021 @ 12:12 pm By Omar Faridi  |  

Blumberg Capital revealed on Friday (September 18, 2021) that it has secured $225 million as part of its fifth fund, which focuses on making strategic investments into early-stage ventures. Blumberg was established around 30 years back by Jewish entrepreneur David Blumberg and has reportedly invested… Read More

August 18, 2021 @ 9:15 am By Omar Faridi  |  

CLEVR, the low-code and no-code software-with-a-service specialist, reveals that it has acquired Digitread, one of the emerging companies focused on Product Lifecycle Management (PLM) system integration and a “platinum-level” solution partner of Siemens. The acquisition should help raise CLEVR‘s profile and support its geographic and… Read More

July 24, 2021 @ 3:30 pm By Omar Faridi  |  

MPOWER Financing, a global education loan provider, recently secured an equity investment of $100 million. The new funding is in addition to the $60 million MPOWER raised earlier this year from Tilden Park Capital Management that also participated in the current round along with ETS… Read More

July 3, 2021 @ 9:42 pm By Omar Faridi  |  

KT, one of South Korea’s largest telecom companies, reveals that it will be investing KRW 23.6 billion (appr. $20.9 million) into the operations of Webcash Group. The investment will be part of a plan to form an alliance relationship for the B2B sector. Webcash Group… Read More

May 13, 2021 @ 9:05 pm By Omar Faridi  |  

As the world economy continued to rebound during the first quarter of 2021 (after the COVID-19 induced lockdowns across the globe), so too did international mergers and acquisitions (M&A) activity, according to a new report released by Pitchbook. Wylie Fernyhough, Senior Analyst, PE Lead, Pitchbook,… Read More

April 30, 2021 @ 9:13 am By Omar Faridi  |  

London-based IOWArocks, the international marketplace for data, technology, and services, has reportedly added First To Invest to their platform. First To Invest leverages Big Data and natural language processing (NLP) technologies to gather, structure, and share key events related to public, private firms, and specific… Read More

February 14, 2021 @ 8:38 pm By Omar Faridi  |  

London-based Abaka, which improves financial wellbeing by offering affordable financial advice powered by artificial intelligence (AI), notes that companies across different categories and markets aim to deliver the appropriate messages to their target clients, at the best time, using the most engaging channels. Traditional approaches… Read More

January 5, 2021 @ 8:13 pm By Omar Faridi  |  

Like many other sectors of the global economy, the financial services industry is experiencing what many consider to be a data revolution. The international banking sector (along with other major industries) generates large amounts of user data when handling hundreds of billions of transactions. Data… Read More

December 21, 2020 @ 8:20 am By Omar Faridi  |  

The long lines in front of ATM machines have now become a rare sight as Chinese consumers are increasingly using their smartphones to complete transactions, instead of making cash payments, according to a report from China Daily. Many people claim they can’t even recall when… Read More

December 7, 2020 @ 7:29 am By Omar Faridi  |  

  The steady growth of the global Fintech economy and Israel’s role as a key player in this nascent sector has become more prominent during the past few years. Israel’s Fintech industry is evolving into a leading hub for companies throughout the world. Fintech covers… Read More

November 4, 2020 @ 9:31 pm By Omar Faridi  |  

Deutsche Börse has finalized a $15 million investment round in Clarity AI, which is a Spanish Fintech company that leverages Big Data and machine learning (ML) to help investors and traders understand the social impact of their investment portfolios. Established in 2017, Clarity AI has… Read More

October 31, 2020 @ 12:47 pm By Omar Faridi  |  

Bill Scannell, President, Global Sales & Customer Operations, Dell Technologies (NYSE:DELL), explains how companies across the globe are adjusting to working in the “new normal” environment following the COVID-19 outbreak. He writes in a blog post that Brazil-based retailer Grupo Boticario had to address a… Read More

October 12, 2020 @ 11:16 pm By Omar Faridi  |  

Bianjie and the Wuhan Run He De Kang (RHDK) have partnered to implement a blockchain or distributed ledger technology (DLT) enabled Epidemic Early Warning System, in order to help in the fight against Covid-19. As mentioned in the announcement, Wuhan RHDK is a healthcare-focused, Big… Read More

September 15, 2020 @ 4:51 pm By JD Alois  |  

Varada, an Israel based data virtualization platform, has raised a $12 million Series A round of funding led by MizMaa Ventures with participation by Gefen Capital. The round also included participation from existing investors Lightspeed, StageOne Ventures and F2 Venture Capital who contributed in early… Read More

August 30, 2020 @ 4:08 pm By Omar Faridi  |  

Fuse Capital, a company established by experienced VCs and business owners based in Rio de Janeiro, Brazil, recently revealed that it’s raising its first overseas fund for investors looking for long-term, but high-risk investment opportunities. Launched in November 2019, Fuse Capital aims to assist Brazilian… Read More