Nigerian credit-led digital banking platform FairMoney has acquired PayForce (sub-brand of YC-backed CrowdForce), a merchant payment services that serves small businesses, as the digital lender looks to broaden its financial services proposition to merchants.
Naspers, Africa’s most valuable tech company by market capitalization, has wound down the operations of its R1.4 billion ($100 million) South Africa-focused venture capital fund Naspers Foundry, according to local news outlet BusinessDay.
NTT, the world’s third-largest data centre service provider, said increasing competition in the sector in India will likely lead to short-term margin pressure as clients become pickier about using cloud services. In addition to global technology giants Microsoft and Amazon, many local companies have cropped up since the pandemic to build data centres in India. However, NTT said the increasing competition isn’t expected to be a threat beyond the current short-term margin pressure.
Scope3 is expanding into brand safety and fraud detection turf of Integral Ad Science and DoubleVerify. Amazon DSP is the first company to integrate Scope3’s Agentic Media Platform, which eliminates made-for-advertising, fraud, non-brand-safe, and climate-risk inventory by default. A separate Brand Standards product, built on top of the Agentic Media Platform, lets companies connect with expert AI agents to apply additional content standards.