KPMG’s Pulse of Fintech’s report shows aggressive growth in EMEA thanks in large part to the UAE government’s efforts to foster digital transformation and the launch of the Dubai Digital Authority (DDA). According to GoFinance, the digital finance and insurance marketplace, expectations are that Fintech will continue to scale and accelerate.
Nigerian shared mobility startup Treepz has closed out its seed round at US$2.8 million and expanded to Uganda with the acquisition of bus company Ugabus. Founded in 2019 and known as Plentywaka until its September rebrand, Treepz operates a digital platform allowing passengers to book daily rides along fixed routes. It also serves as an aggregator for bus travel companies across 21 cities in Nigeria, allowing transport operators to replace manual servicing and ticketing with digitalized offerings and services.
ADNOC Distribution, the company’s retail arm has opened ADNOC Oasis outlet, a fully autonomous shop in the UAE, as the beginning of its rollout of AI-powered stores. Customers can buy goods without using a scanner or interacting with a cashier, and they can pay by tap, either with a bank card, doing a QR code scan, or by using their Emirates ID.
Email and mobile personalization platform Movable Ink has announced a new integration between its Da Vinci content personalization solution and Adobe Journey Optimizer. Joint customers will be able to develop content assets aimed at each individual email recipient and bring them into Adobe Journey Optimizer for deployment. This builds on an existing integration between Movable Ink Da Vinci and Adobe Campaign.