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World’s First Cloud-native Platform for Banks Launched in UAE

The world’s first cloud-native, fully integrated cash management platform, powered by microservices and Open Banking APIs for banks in Middle East & North Africa (MENA) has been launched in the UAE. Intellect Global Transaction Banking (iGTB), with origins that can be traced to Citibank, has 90+ banks globally and 30+ banks in the MENA region working with them for digital cash transformation.

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Facebook’s undersea internet cable to cover Nigeria and 3 other African Countries

August 26, 2021

The 2Africa project, championed by social media giant, Facebook and seven other companies, is adding four new branches to its 37,000km undersea Internet cable. The new branches extend the cable’s connectivity to Seychelles, Angola, the Comoro Islands and a new landing in South-East Nigeria. They will join the recently announced extension to the Canary Islands.

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Retail Rocket Raises $24 Million and Buys Sailplay to Enter U.S. Market

July 6, 2022

Netherlands-based retention management platform Retail Rocket just raised a $24 Million Series A, and immediately spent some of it to buy Sailplay, a New York-based marketing automation vendor that will grow its U.S. presence.  Retail Rocket builds unified customer profiles in a module it charmingly calls Data Warehouse, and has other modules for AI-driven personalization, segmentation, and campaign management.  The company has more than 1,000 global clients across Europe and South America.

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