KIO Networks, a leading digital infrastructure provider with assets in Mexico, Central America and the Caribbean, will broaden I Squared Capital’s digital infrastructure. To date, I Square Digital has deployed over $3 billion across six investments with assets in 41 countries.
Kueski, the buy now pay later (BNPL) online consumer lender has completed more than 5 million transactions online and has just announced a US $202 million Series C financing round. The funding will be used to grow the BNPL footprint in Mexico and to build out the product ecosystem for Mexican consumers.
Lytics has launched Cloud Connect, which lets users create SQL queries to extract an audience from a cloud database and send it to an ad network. They describe it as a “freemium” product but don’t get too excited: the free version connects just one warehouse to one ad network.
“Ask Meta AI anything” is what you now see instead of the traditional search bar across Meta apps such as Facebook and Instagram. Meta AI will still perform the basic search function but will also answer questions and chat with you. It should hardly be a surprise when a tech company launches a genAI solution these days but this is a bold challenge to Google and Open.ai (it’s also available as a standalone tool at Meta.ai).