Category Archives: Tech

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European neobroker Scalable Capital raises $65M on a flat $1.4B valuation

Scalable Capital, a Munich startup that aims to make investing in financial markets accessible to a wider range of consumers, is putting more fuel in its tank to drive deeper into Europe. The company has raised €60 million in equity … Continue reading

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After e-signatures, Tomorro believes e-contracts will be the next big thing

You might not be familiar with the name Tomorro, but it is actually not a new startup. Tomorro is a French contract management platform that originally started as Leeway. And today, the company is announcing its new brand and an … Continue reading

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Five-month-old Indian AI startup Sarvam scores $41 million funding

Sarvam AI has come out of stealth mode and announced it has raised $41 million as the five-month old Indian startup races to build a suite of full-stack generative AI offerings. The $41 million funding raise is across the Seed … Continue reading

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Meta finally starts rolling out default end-to-end encryption for Messenger

After years of promises and limited tests, Meta has started rolling out default end-to-end encryption protection for Messenger. In an announcement, Mark Zuckerberg said that personal chats and calls will get default end-to-end encryption. However, encryption for group chats still … Continue reading

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India’s Paytm curbing low-value personal loans spells bad news for the industry

Indian financial services firm Paytm sent shockwaves through the industry on Wednesday after it disclosed that it plans to issue fewer personal loans under 50,000 Indian rupees ($600) in a move that has already started to rattle many fintech investors. … Continue reading

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ChatGPT builder helps create scam and hack campaigns

A cutting-edge tool from Open AI appears to be poorly moderated, allowing it to be abused by cyber-criminals.

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New AI frameworks hint at Apple’s generative AI roadmap

Apple Inc. has quietly released new machine learning frameworks and model libraries, MLX and MLX Data, signaling a growing interest in pursuing generative AI applications, according to a recent The Verge report. The releases come as a surprise given Apple’s … Continue reading

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Operations software MaintainX reaches $1 billion value in round

MaintainX, a leading operations software platform, has announced a $50 million funding round led by Bain Capital Ventures, which has delivered a $1 billion valuation for the company. There was fresh participation from existing investors, Bessemer Venture Partners, Amity Ventures, … Continue reading

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Australia passes credit card ban for online betting

The Australian Federal Parliament has passed legislation that bans the use of credit cards to finance online betting. This move has been celebrated by Responsible Wagering Australia (RWA) and its members, as they have been ‘strong supporters’ of the measure. … Continue reading

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Discord releases update with new mobile layout

Discord unveiled a much-anticipated update on Tuesday with a new goal – to boost communicating and sharing with friends. The refurbished Discord app will display navigation tabs upon opening, including separate tabs for notifications, messages and servers. As well as … Continue reading

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