Tech

UPI supercharged mobile payments in India. It’s now gearing up for next phase of growth.

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In just six years, UPI has become the most popular way Indians transact online. The mobile electronics payments system was used for over 6.57 billion transactions in the world’s second largest internet market last month. Now, it’s taking steps to supercharge its growth. The payments network, which was built by a coalition of banks, is … Read more

Nvidia’s RTX 6000 ADA professional GPU can create worlds and destroy wallets

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The Nvidia RTX 6000 ADA professional GPU isn’t your run-of-the-mill gaming card. | Image: Nvidia Nvidia has announced the RTX 6000 48GB graphics card, the latest model to join its family of workstation-focused GPUs designed for content creators and enterprise-grade graphics. Nvidia describes the RTX 6000 as the perfect tool for creating content for the … Read more

Ghanaian fintech SecondSTAX allows investors to access capital markets outside their countries, raises $1.6M

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African capital markets exist in silos, as various exchanges within the continent are often inaccessible to investors outside their home countries. For instance, a South African investor who wants to diversify their portfolio outside the Johannesburg Stock Exchange may find investing in the Nigerian Stock Exchange difficult. Not only does this limit investors’ access to … Read more

Berlin’s Kaiko Systems nets €2M to help maritime technical operations go paperless

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From healthcare to manufacturing, traditional industries have been getting a digital makeover over the past decade. But some sectors have been left behind. Maritime shipping, argued Fabian Fussek, CEO and co-founder of Kaiko Systems, is the “last frontier of digitzation.” Kaiko Systems is a Berlin-based startup trying to digitize operations on commercial vessels. Around 90% … Read more

Ivorian fintech Julaya gets $5M to become banking partner for businesses in Francophone Africa

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Ivorian payments-led fintech startup Julaya has extended its pre-Series A round by $5 million. The company, which facilitates B2B payments for businesses in Francophone West Africa, mainly via mobile money channels, has raised a total of $7 million in the financing round.  In 2019, West Africa reported the most live mobile money services in any … Read more

Ledgy, a Carta for European startups to manage equity and cap tables, raises $22M from NEA, Sequoia and more

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Managing cap tables and equity at high-growth companies can be a complicated (and sometimes messy) business, a fact that founders and employees often discover too late. That’s given rise to a wave of companies building software to help, and today a European leader in that pack is announcing some funding to fuel its own growth. … Read more