CDP Institute

Founded in 2019, Klar is a fully digital bank in the vein of companies like California-based Chime. It plans to use its new capital of US $70 million to further push its banking-based model to the Mexican population (where an estimated 50% of the population is unbanked).

Mono, which as of March, had attracted more than 300 customers and achieved $1 million in total payment volume. Its workforce has grown to 25 employees, and the company expects to round out its senior leadership within the next year. To keep that momentum going, the company announced $6 million in seed funding led by Tiger Global. The new funds will enable Mono to plan for future expansion to other countries, like Mexico, Peru, Chile and Brazil.

Thepeer, an African tech infrastructure startup connecting businesses’ wallets, has raised a $2.1 million seed round led by the Raba Partnership. The news comes a year after the startup raised $220,000 in pre-seed from a handful of angel investors.

Ghanaian startup eCampus has created a mobile and web application that gives learners 24/7 access to teaching notes, podcasts, video lessons, audiobooks, tests, and a topic-based discussion forum, putting the classroom in the palm of the user. The platform also provides intelligence for teachers or learning facilitators, helping them to know the strengths and weaknesses of students, and allowing them to provide tailored teaching to the specific needs of every student or learner.

To achieve its goal of deploying 12,000 of its fixed-wing UAVs in Sub-Saharan Africa over the next half decade, Wingcopter has announced a $42 million funding round bringing the company’s raise above $60 million to date.

E-commerce platforms are now the fastest growing medium for digital ads in India. India’s digital ads market is expected to touch $35 billion at the same time-period and e-commerce platforms will be one of the biggest contributors enabling this upward spiral.

PwC India has agreed to acquire Venerate Solutions, a salesforce consulting firm in India, for an undisclosed sum. This acquisition aligns with PwC’s commitment to invest in digital transformation and in strategic alliances. Venerate will augment the Salesforce consulting practice with significant end-to-end capabilities. These solutions help organisations reimagine the customer experience, seamlessly ramp up sales and support their growth journeys.

Global cybersecurity firm, Trellix, opened a new data center in Mumbai, which will help customers in India meet their data residency and compliance requirements. It will help in detecting threat faster resulting in streamlined security solutions. Its new capabilities will help customers meet their data residency and compliance.

The report found that Aussie influencers and brands are not jumping on the NFT bandwagon as fast and as eagerly as its counterpart countries. The top 3 categories for NFTs in Australia are Art (12.7%), Music (10.4%) and Photography (8.4%).

Consumer advocate CHOICE has revealed that three of Australia’s largest retailers – Kmart, Bunnings and The Good Guys are using facial recognition technology in their stores, often without shoppers realising that they are being surveilled and their biometric information stored, raising concerns among privacy experts.

CARSOME Group, which operates a South-east Asian used-car online marketplace, is delaying its dual listing plans in Singapore and the US on concerns that deteriorating macroeconomic conditions could dent its valuation, according to people with knowledge of the matter. Malaysia’s most valuable technology startup has halted work on the planned offerings that were set for this year, the people said.

Grab Singapore, a leading superapp in Southeast Asia, announced that it has bought and relaunched Singapore’s food site HungryGoWhere and its accompanying social media channels. The revamped HungryGoWhere brand aims to address the growing interest of diners to reconnect with its local food scene in much deeper ways.