Tanee Shao

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R2 secures $9M investment and $50M debt facility

Dec 5, 2024 | btw.media | Tanee Shao

R2 raises $9 million in equity funding and secures a $50 million debt facility to expand financial services in Chile. The funds will accelerate product development, integrate more platforms, and enhance AI-powered underwriting for small businesses across Latin America. R2, Latin America’s embedded finance platform, has raised $9 million in an investment round led by Hi Ventures and Cometa, with participation from Endeavor Catalyst, Y Combinator, and Gradient Ventures.
Lumin Digital raises over $160M in growth equity financing

Dec 4, 2024 | btw.media | Tanee Shao

Lumin Digital secures over $160M in growth equity financing led by Light Street Capital, NewView Capital, and Partners Group. The company reports a 60% revenue growth and serves over 50 clients with a user base of five million. Cloud-native digital banking platform Lumin Digital has secured over $160 million in growth equity financing. The funding round was led by Light Street Capital, NewView Capital, and Partners Group.
Aevi partners with LEGI.ONE to boost SMEs' cashless payments

Nov 28, 2024 | btw.media | Tanee Shao

Aevi teams up with LEGI.ONE to provide SMEs with advanced payment solutions, including cashless payment terminals and future e-commerce integration. The collaboration aims to help SMEs overcome challenges like cash flow issues and late payments, offering simple and reliable payment systems to improve service delivery and customer satisfaction.
Gamification and banking: Managing your money becomes fun

Nov 26, 2024 | btw.media | Tanee Shao

By incorporating game elements like rewards, challenges, and progress tracking, financial apps turn budgeting, saving, and investing into fun and motivating activities. Gamification taps into human desires for rewards, competition, and instant gratification, helping users stay motivated to reach their financial goals. Many gamified apps encourage users to share achievements with others, creating a sense of community and friendly competition that boosts engagement and goal achievement.
Japanese chipmaker Kioxia plans Tokyo IPO to fuel growth

Nov 25, 2024 | btw.media | Tanee Shao

Kioxia will list in Tokyo on 18 December, expecting flash memory demand to grow with AI and data centres. Formerly Toshiba Memory, the company was bought by Bain Capital in 2018 for $18 billion. Kioxia Holdings will list its shares in Tokyo on 18 December, the company announced on Friday. The company expects the market for flash memory to grow, fuelled by rising demand from AI applications and data centres.
Vodafone claims 5G policing boost as it fights for merger approval

Nov 25, 2024 | btw.media | Tanee Shao

Vodafone highlights 5G SA’s potential to save UK police 11 million hours annually, linking it to its Three UK merger bid. The £11 billion investment hinges on its merger with Three, set for a CMA decision next month. Vodafone is taking an unusual approach to secure approval for its merger with Three UK by emphasising the benefits of standalone 5G (5G SA) for policing.
Costa Rica cyberattack highlights need for regional cybersecurity

Nov 22, 2024 | btw.media | Tanee Shao

Costa Rica declared a national emergency after cyberattacks disrupted critical services, underscoring the need for stronger regional cybersecurity cooperation, in April 2022. Paula Brenes Ramírez, president of the Yod Foundation, addressed ongoing challenges in Latin America’s cybersecurity through her research, which was selected for the 2024 Líderes Programme by LACNIC. Costa Rica faced a series of cyberattacks that disrupted critical services such as healthcare and payroll in April 2022.
SMS re-emerges as key player in security despite vulnerabilities

Nov 22, 2024 | btw.media | Tanee Shao

SMS regained focus as a key tool in digital security and a popular choice for two-factor authentication (2FA) in April 2022. Weaknesses of SMS-based 2FA include vulnerabilities to SIM swapping, SMS interception, and social engineering, highlighting the need to use it alongside other security measures. The focus has returned to SMS, a technology once thought outdated, as it plays a vital role in digital security, particularly in April 2022.
Enhancing internet resource management

Nov 22, 2024 | btw.media | Tanee Shao

ICANN is transitioning from Whois to RDAP, inviting community feedback to refine its features and establish it as the new standard for internet resource information. RDAP replaces outdated Whois with modern web technologies, offering structured data, enhanced security, and multilingual support for easier and more secure internet resource queries. ICANN plans to phase out port 43 Whois servers and transition to RDAP. Some TLDs are expected to adopt RDAP (Registration Data Access Protocol) soon.
Why optical fibre is essential for 5G and beyond

Nov 21, 2024 | btw.media | Tanee Shao

Optical fibre ensures the speed, bandwidth, and low latency needed to power 5G and real-time applications like autonomous vehicles and remote surgeries. Its scalability and reliability support dense 5G infrastructure, smart cities, and the future demands of technologies like 6G. As the world moves towards faster and more reliable networks, optical fibre plays a vital role.