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6 tips for making the most of a tight IT budget

CIO

IT leaders seeking to drive enterprise growth through technology investments are often saddled with budgets that make their tasks of increasing the top and bottom lines challenging. Despite an estimated increase to IT budgets of 5.1% The year 2023 seems to be no different.

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Top 9 challenges IT leaders will face in 2023

CIO

The need to grow smartly Gil Westrich’s company, ClearML, is benefiting from increased adoption of artificial intelligence and machine learning (ML) technology. But the CTO and co-founder says that scaling to meet that demand presents its own challenges, which require self-reflection. How do we grow our business responsibly?”

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Wagely, an Indonesian earned wage access and financial services platform, raises $5.6M

TechCrunch

Other investors included the Asian Development Bank (ADB) Ventures, PT Triputra Investindo Arya, Global Founders Capital, Trihill Capital, 1982 Ventures and Willy Swandi Dharma, former president director of insurance company PT Asuransi Adira Dinamika. Today, Indonesian EWA startup wagely announced it has raised $5.6

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Brick closes $8.5M seed to enable open finance across Southeast Asia

TechCrunch

Brick wants to simplify the process with a suite of APIs that connects financial apps to “hyper-local” sources of data, including banks, mobile wallets and telecoms. Tan was an early employee at Aspire, the neobank, while Malhotra was co-founder and CTO of Indian neobank Slice.

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YC-backed Zywa, a neobank for Gen Z, raises $3M to expand across MENA

TechCrunch

Goodwater Capital, Dubai Future District Fund, Rebel Fund, Trampoline Venture Partners, Zemu VC, a number of prominent European family offices, and strategic angel investors participated in the latest round. This is in addition to gamifying finance by rewarding those that save, budget and invest their money.

Fintech 245
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Stitch emerges from stealth with $4M for its API fintech play in Africa

TechCrunch

Founded by Kiaan Pillay , Natalie Cuthbert , and Priyen Pillay , Stitch wants to provide full API access to financial accounts across Africa starting from its first market, South Africa. The founders draw on prior experience building API products for local markets in the past.

Fintech 292
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Lufthansa’s digital future takes flight with ‘Digital Hangar’

CIO

Christian Spannbauer, CTO for the Digital Hangar, spoke with CIO.com from Barcelona about the impact of this new initiative for the official flag carrier airline of Germany, which, as a founding member of the Star Alliance network, has become a truly global airline. Experience is not only the cherry on the cake.”

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