Tagged: engineering

November 7, 2023 @ 9:32 am By Omar Faridi  |  

PayPal Holdings, Inc. (NASDAQ: PYPL) announced the promotion of Archie Deskus to Executive Vice President, Chief Technology Officer (CTO) of PayPal, “effective immediately.” In this role, she will reportedly “oversee PayPal’s global technology, engineering, and information organizations.” In addition to enabling PayPal’s technology strategy, priorities,… Read More

April 25, 2023 @ 8:42 am By Omar Faridi  |  

Quantum engineering company Riverlane announced it has raised £15 million in a Series B funding. The investment round was “led by Molten Ventures and included participation from simulation, high-performance computing (HPC), and artificial intelligence leader Altair and returning investors Cambridge Innovation Capital (CIC), Amadeus Capital… Read More

March 4, 2023 @ 11:32 am By Omar Faridi  |  

Starling Bank has chosen Barings’ Landmark in Manchester to house its new office in the North. The digital bank intends “to create up to 1,000 new jobs for the region to fulfil roles across the company, including in operations, engineering, data science and cybersecurity.” The… Read More

February 4, 2023 @ 10:12 am By Omar Faridi  |  

Paxos, the “comprehensively” regulated blockchain and tokenization infrastructure platform, announced it is launching “an engineering research & development center of security and cryptography excellence in Israel.” Paxos plans “to expand its Israel engineering center with senior, staff and principal engineers with specialized skills in enterprise-grade… Read More

January 19, 2023 @ 7:23 pm By Omar Faridi  |  

Chronosphere, the cloud native observability platform that puts engineering organizations back in control by taming rampant data growth and cloud native complexity, has raised an additional $115 million Series C funding. New investors “include GV (formerly Google Ventures) and Geodesic Capital, bringing Chronosphere’s total funding… Read More

August 4, 2022 @ 7:55 pm By Omar Faridi  |  

India-based Fintech firm Tartan has secured funding to scale its business operaitons. The investment round included contributions from 500 Global, InfoEdge Ventures, Naval Ravikant-supported AngelList Quant Fund, among other investors. The company has acquired about $6 million in capital, to date. It intends to double… Read More

December 27, 2021 @ 12:40 am By Omar Faridi  |  

Eli Mydlarz, Head of Engineering at Pakistani Fintech SadaPay, has noted that his firm likes to get feedback as fast and early as possible, so they can’t depend on end-to-end testing while creating financial software applications. Eli wrote in a blog post, earlier this month,… Read More

January 20, 2021 @ 11:51 pm By Omar Faridi  |  

Payments platform Adyen (AMS: ADYEN) explains that their approach to engineering and development involves open-sourcing their technology stack or building various solutions in-house. Burak Yildirim, Team Lead, Adyen, writes in a blog post that being the most “money-involved domain” of Fintech, payment processing platforms such… Read More

October 7, 2019 @ 4:48 pm By Samantha Hurst  |  

Accenture (NYSE: ACN) announced last week it is set to acquire product development and engineering company, Nytec. Accenture reported that Nytec will become part of Accenture Industry X.0, which notably offers capabilities that drive the digital reinvention of industry. This also includes creating new types of… Read More

August 16, 2018 @ 10:36 pm By Samantha Hurst  |  

Because Learning, a U.S.-based learning platform specifically focused on STEM skills, is now seeking funds through Indiegogo/Microventure’s equity crowdfunding platform. Founded in 2014, Because Learning, which was previously known as Ardusat, is on a mission to inspire students in the STEM field, which are science, technology,… Read More

February 25, 2018 @ 8:35 am By JD Alois  |  

Toptal, a freelance software engineering platform that is based in the US but totally virtual, has launched an on-demand blockchain engineer network. The service helps corporates to tap into blockchain engineering talent – a service that is in heightened demand. Simultaneously Toptal has launched a… Read More

February 7, 2018 @ 10:41 am By Samantha Hurst  |  

U.S. payment firm Stripe revealed earlier this week that it is set to open its first engineering center outside the U.S. in Dublin. This news comes less than two months after Stripe announced its entrance into the Indian mobile wallet sector.  According to Reuters, CEO Patrick Collison… Read More

October 22, 2015 @ 2:50 pm By Samantha Hurst  |  

Empiribox, a UK-based educational company, has launched its second equity crowdfunding campaign on Crowdcube to raise 125,000 to continue expansion. The company noted that it not only provides the proper tools to teaching science, but also aims to equip 7-11-year-olds, particularly girls, with an understanding… Read More

September 19, 2015 @ 11:51 am By Samantha Hurst  |  

On Wednesday, 14-year-old Irving, Texas high school student Ahmed Mohamed received national and even international attention following his arrest for supposedly bringing a bomb to school. Teachers of Mohamed mistaken his latest invention, a clock, as a bombing device and immediately alerted local authorities. The teenager, who dreams… Read More

December 9, 2013 @ 9:56 am By Charles Luzar  |  

A German company called e-volo has successfully raised €1,2 million in a crowdfunding offering on Seedmatch.de for a crazy 18-propeller electric helicopter. Called the “Volocopter,” the e-volo team thinks this new approach to manned aerial flight can revolutionize the way we live and travel. The Volocopter… Read More