More than 70.3 billion real-time payments transactions were processed globally in 2020, a surge of 41 percent compared to the previous year, as the COVID-19 pandemic dramatically accelerated trends away from cash and checks toward greater reliance on real-time and digital payments, a new global report from ACI Worldwide (NASDAQ: ACIW) and GlobalData reveals. The...
Fueloyal Inc. has launched a new fleet management service for its Internet of Things (IoT) and connected vehicle platform. The feature provides real-time fleet visibility and field data from any location in the world. The newly launched fleet management and IoT connected platform service enables OEMs and companies, and other...
Intenseye, the AI-powered employee health and safety (EHS) company, announced the close of a $4M Seed round co-led by Point Nine and Air Street Capital. Successful entrepreneurs joined the round as angel investors, including Zehan Wang (Magic Pony, acq. Twitter), Zane Lackey (Signal Sciences, acq. Fastly), and Cem Kent...
Lleida.net has been recognized as the first private entity to become UAE Pass Service Provider, the National Digital ID system promoted by the UAE government.  Companies requiring to sign electronic contracts with the country's citizens and residents in a registered and reliable way will be able to do so using...
Pilot, the largest provider of back office services for startups and small businesses in the U.S., announced today that it has closed on additional funding led by Bezos Expeditions (the personal investment company of Jeff Bezos) and Whale Rock Capital, with participation from Sequoia Capital and Index Ventures, that...
Thread in Motion, which develops industrial wearable technologies and integrated software, recently announced its new product Glogi. Sabancı Holding and CarrefourSA, a subsidiary of Carrefour Group, also uses Glogi in 11 warehouses, which provides 50 percent efficiency in time and cost. Especially used in logistics processes, smart gloves are used...
Over half of the active workforce in the US does not have a college degree. This group has been disproportionately affected by the pandemic, experiencing more than double the job loss rates compared to college-educated workers.  Coursera has teamed up with Salesforce, SV Academy, and IBM to launch two new entry-level Professional Certificates...
Leading connected payments provider, Checkout.com announces the key strategic hires of Ott Kaukver as Chief Technology Officer (CTO) and Nick Worswick as Chief Revenue Officer (CRO). Ott was previously CTO at Twilio and led engineering at Skype. Nick held the CRO position at both WeWork and GrubHub before joining...
Cube Incubation team, which is the Incubation Center of Teknopark Istanbul, is expanding its global mentoring network with international collaborations. Cube Incubation started to collaborate with Europe-based GDEXA, which operates on a global scale, focusing on mentorship. With the cooperation, the two parties will be bringing together their mentor pools with the...
The investments made in 2020 and startups that raised funds were examined in the 2020 Turkey Investment Report published by StartupCentrum on 19/01/2021. In addition, much detailed information such as education and gender distribution of the entrepreneurs who raised funds were also included. Investors were examined as the most...