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Mexican challenger bank albo raises $45 million to expand

TechCrunch

With nearly half a million customers across Mexico and a network of 30,000 retail locations where representatives can take deposits, the challenger bank albo is already on its way to becoming a dominant player in Mexico’s emerging fintech industry. Valued at $10B, Nubank launches it’s Nu credit card in Mexico.

Banking 240
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Automation for all—managing and scaling networks has never been easier

CIO

At this time of dynamic business and market changes, uncertainty, and quickly evolving consumption models for IT infrastructure, every IT executive understands the benefits and necessity of network agility. Agile networks can respond quickly to changes in the market, customer demands, employee requirements, and technology advances.

Network 246
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Aztec Network takes on encrypted blockchains with $100M round led by a16z

TechCrunch

Aztec Network, a privacy layer for web3, has raised $100 million in a Series B round led by Andreessen Horowitz (a16z), the startup’s co-founders Zac Williamson and Joe Andrews exclusively told TechCrunch. “At We chose [a16z] to lead the round because they’ve been through this before with the dawn of the internet,” Andrews said.

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Indian social network Public App raises $41 million

TechCrunch

Public App, a location-based social network that connects individuals to people in their vicinity, has raised $41 million in a new round, just six months after securing $35 million as the hyper-local Indian startup looks to expand its presence in the world’s second-largest internet market.

Social 275
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Innovating Services for a Digital, Intelligent Future

CIO

According to its CEO Ari Rahmat Indra Cahyadi, PLN Icon Plus, has a “vision to be the leading provider of network-centric ICT solutions in Indonesia by utilizing unique strategic assets.” In 2017, Myanmar saw 90% of its people owning a mobile phone—but only 10% owned a bank account.

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Distributed Systems: Turning Networking to Your Advantage

DevOps.com

Whether it’s the office, the classroom, the store or the bank, a great many spheres of human life have moved online. Our expanding appetite for the internet depends on an ongoing trend […]. The post Distributed Systems: Turning Networking to Your Advantage appeared first on DevOps.com.

Network 137
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Internet of Things (IoT) in Banking: Examples of IoT Solutions In Finance

CTOvision

Read Abhishek Pareek explain the best examples of the Internet of Things solutions in the finance sector on Customer Think : In financial services, the Internet of Things (IoT) is considered the next big thing. IoT is a network of devices connected through the internet which obtain and transmit data.

IoT 115