Kenyan startup, Phindor has launched a next generation shop assistant system that employs artificial intelligence (AI) to help local businesses digitize record management, data collection and storage.
The company’s goal is to connect the world’s balances through the web using shared, connected ledgers. The project in Colombia has proven this is possible and has become one of the fastest-growing real-time payments networks in the region, enabling previously slow money to move instantly and with minimal cost. The Bogotá-based company announced the closing of a Series A for US$24 million.
Cape Town-based ed-tech startup Mindjoy aims to make coding skills accessible for kids – and grownups – on any internet-enabled device. Making use of Replit, a browser-based development environment that doesn’t require specific hardware or software, Mindjoy provides live, small-group, virtual coding classes to kids aged eight or above.
With CDP vendors increasing their workforces by 3.4% in six months, compared with an average of 0.2% each six months over the prior two years, the sector seems to be growing again, according to our own semi-annual industry update. There is much talk of composable CDPs but they still employ no more than 5% of the sector workforce. What is a clear trend is the acquisition of independent CDPs by vendors interested in adding a CDP to a larger system (usually an activation system).