CDP Institute

Egyptian fintech startup Paymob, the leading omnichannel payments facilitator in MENAP, has embarked on the next phase of its regional expansion with a launch in the United Arab Emirates (UAE).

Kuda, the London-based and Nigerian-operating startup taking on incumbents in the country with a mobile-first and personalized set of banking services, is expanding to the U.K. by offering a remittance product to Nigerians in the diaspora.

Yotta Infrastructure, Hiranandani Group’s data centre business in India, is in talks to raise Rs 4,000 crore debt to fuel the expansion of its data centre business. The company currently has two operational data centres—one in Greater Noida and another in Navi Mumbai—with a capacity of 160 MW each.

TechForce Services, a global Salesforce consulting and technology services firm has announced its operational expansion to India. The business expansion to this high-growth market is in line with the company’s vision to help businesses accelerate their growth and offer exceptional customer services leveraging Salesforce solutions.

At a staggering $22 billion, WhatsApp has been Meta’s (then Facebook) most expensive acquisition to date. The deal had caused quite a stir in the tech industry since investors and analysts felt it was tough for the social networking giant to justify the astronomical price for an app that made little money. As Meta aims to diversify its revenue sources beyond traditional digital advertising, it is looking to tap into WhatsApp’s ubiquitous presence in markets like India to drive the app’s monetisation.

Axiom, the global leader in high-caliber, on-demand legal talent, announced it has acquired Plexus Engage, a subsidiary of Australian headquartered legal technology company Plexus. Plexus Engage offers highly experienced, flexible lawyers for in-house legal teams to support projects or augment capacity. This acquisition further advances Axiom’s long-term mergers & acquisitions and geographic expansion plans, providing an entry into Australia and enhancing Axiom’s footprint in the APAC region.

solarZero, New Zealand’s leading solar and battery storage provider became the first in the world to trade energy grid stability services from its virtual power plant (VPP) in the NZ Electricity Reserves Market. solarZero’s energy trading breakthrough means New Zealand is a test market the rest of the world will be watching and follows the company’s acquisition by a fund managed by BlackRock Alternatives’ Climate Infrastructure.

Independent retail media platform Zitcha has raised $2.9 million in seed funding led by Australian venture capital firm OIF Ventures, launching a new phase of expansion that will see the platform scale up and officially launch in the U.S. Software platform Zitcha connects the media assets of retail brands including email, apps, digital in-store screens, web and social media. The platform automates the purchasing of media across these channels allowing retail suppliers to connect directly with consumers at every touchpoint enabling better sales attribution.

For Tokopedia, the Indonesian most visited e-commerce platform, graph databases will enable them to not only improve their services but also use the insights to come up with products and offerings for their customers. Simply put, graph databases can transform the way we look at and understand data in the future.

Capital A’s digital business airasia super app is officially launched in Asean’s largest populated country – Indonesia, marking a significant milestone for the region’s fastest-growing travel super app as it completes its Asean expansion plan in 2022, focusing on Bali as a key international tourist market.