Neon was founded specifically with the mission of decreasing inequality in Brazil, which is known for having a large gap between the wealthier members of its population and lower income residents. Its focus is on the underbanked population of the Brazilian working class. In February, Neon raised a $300 million Series D financing that valued the company at $1.6 billion, officially giving it unicorn status.
Grab Financial Group, has launched a new brand, GrabFin, for its digital payment, insurance, lending and wealth management offerings. With GrabFin, Grab users will be offered a single entry point to access payment, investment and insurance services on the Grab app. Following its launch in Singapore and Malaysia, the GrabFin brand will be progressively rolled out in other Southeast Asian markets in the coming months.
Product analytics vendor Amplitude has launched a CDP called, well, Amplitude CDP. The company already captures customer-level behavior information to track product use, so extending to a CDP isn’t as much of a stretch as it might seem. Viewed from the CDP perspective, it’s a good example of CDP use outside of marketing.
Procrastinators of the world can throw a party whenever they get around to it: Google has once more pushed back complete third-party cookie deprecation. The new target is “early next year.” Reasons for the delay include concerns expressed by U.K. data regulator Information Commissioner’s Office, an ongoing inquiry by the U.K. Competition and Markets Authority, and widespread discontent in the advertising ecosystem.