March, 2022 - CDP Institute - Page 8

Dates : March 2022

Nigeria-based mobility fintech startup Moove has raised US$105 million in an oversubscribed Series A2 round to scale to seven new markets across Asia, MENA, and Europe over the next six months. Founded in 2019 by British-born Nigerians Ladi Delano and Jide Odunsi, Moove is democratizing vehicle ownership in Africa by providing revenue-based vehicle financing to mobility entrepreneurs.

CDPI Emerging Markets

Kenya-based fintech company 4G Capital, which provides unsecured credit to micro enterprises, has raised $18.5 million in Series C funding from global private equity firm Lightrock. The equity funding comes as the fintech plans to roll-out a series of new products and services including new loans that will increase the credit limit from $1,000 and allow longer repayment periods from the current maximum of one month. All this is in its plan to expand its clientele base and grow its profits.

CDPI Emerging Markets

India’s data centre industry is poised for a sustained period of growth and much of this will centre around Mumbai and Chennai due to their business and infrastructure advantages, strategic location, and cable landing stations that are well-positioned to support this growth, said a Nxtra by Airtel and JLL India’s joint study.

CDPI Emerging Markets

Tech titan IBM on Thursday announced it is helping Marks & Spencer Reliance India (M&S India) modernise its supply chain to drive seamless integration between online and in-store business for improved customer experience.

CDPI Emerging Markets

Data collaboration platform in India, Atlan, announced that it has closed its $50M Series B round led by Insight Partners, Salesforce Ventures, and Sequoia Capital India. Several founders in the data space participated in the round including Fivetran founder Taylor Brown and ThoughtSpot founder Ajeet Singh.

CDPI Emerging Markets

Adobe opened its Digital Experience Conference yesterday with a variety of announcements. CDP news included real-time access to CDP profiles by Adobe Target, Adobe Commerce, Adobe Sensei, and OneTrust consent management. They also made it easier and faster to connect with non-Adobe systems through integration with Adobe Experience Platform Edge Network’s geographically distributed servers.

CDPI Newsletter

B2B CDP Calibermind announced a $8 million Series A funding, bringing total funding to $14.4 million. Calibermind makes heavy use of AI for analytics and data integration. Unlike many B2B CDPs, they don’t supplement clients’ own information with compiled data.

CDPI Newsletter

Training has always been a problem for marketers, and pandemic-induced isolation has made the need even greater. MarketingProfs has documented the problem, finding that just 31% of B2B marketers feel their team is very effective in their roles and only 19% feel personally well prepared for their future. Beyond lack of time, the biggest challenge with training is it’s too focused on theory.

CDPI Newsletter

Reports of collusion between Google and Facebook (now Meta) to skew the display advertising market have apparently caught the eye of European regulatory agencies. Both the European Commission and the UK Competition Market Authority have opened investigations into the “Jedi Blue” agreement. The collusion was originally revealed in a lawsuit led by the Texas Attorney General.

CDPI Newsletter

We don’t write a story every time that Acxiom adds a new client for its Real Identity matching service. But we mentioned their deal with Treasure Data two weeks ago, so it’s only fair to report that they’ve now connected with the Sitecore CDP, which was formerly Boxever. The real-time integration is also a good reminder that many CDPs rely on third parties for identity matching, rather than using their own services.

CDPI Newsletter

You may think of Typeform as a no-code form and survey builder, but they describe themselves as a “conversational interaction platform”. Apparently, their investors find that an appealing position, since they’ve just raised a $135 million Series C, bringing total funding to $187 million. The company says it has over 125,000 users across paid and free products.

CDPI Newsletter

Italy’s data protection authority, the GPDP, found that ClearviewAI violated fundamental rules of GDPR when it collected biometric and geolocation data on its citizens. The data was collected without obtaining consent, so there was no transparency, or limitations on data usage or storage. Clearview is now required to erase the collected data and banned from future collection or processing of facial recognition data in Italy.

CDPI Privacy Newsletter