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ZirooPay raises $11.4M to scale its mobile POS solutions for retailers across Nigeria

TechCrunch

In Nigeria, POS terminals are used to process card payments at retail locations as well as for agency banking purposes, a branchless banking system where agents act like human ATMs. One of the biggest challenges to the mass adoption of card payments at retail locations is the rate of transaction failures due to poor internet connection.

Retail 227
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Lily AI lands new capital to help retailers match customers with products

TechCrunch

During the pandemic, retailers were forced to embrace e-commerce. That’s why Purva Gupta launched Lily AI , an AI-powered platform that connects a retailer’s or brand’s shoppers with products they might be looking to buy. provides a product recommendation tool that draws on data from across the internet.

Retail 226
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What CIOs everywhere can learn from Canada’s nationwide internet outage

CIO

On July 8, 2022, a botched maintenance update on the Rogers ISP network in Canada crashed internet access across the country for at least 12 hours, with some customers experiencing problems for days afterward. The nationwide outage affected phone and internet service for about 12.2 This has had a ripple effect through the market.”.

Internet 279
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Particular Audience takes in $7.5M to give retailers way to take on Amazon

TechCrunch

Being in control of customer data is one of the ways retailers, like Amazon, Spotify and Netflix, are able to tap into consumer behavior and create customized experiences whenever a user logs in. Particular Audience provides product discovery tools for retailers that are powered by artificial intelligence and machine learning.

Retail 206
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Bosch shuts down its app store for AI-powered, internet-connected cameras

TechCrunch

SAST was to host a moderated, vetted “app store” for internet-connected cameras that would allow developers to build software on an open standard — software mainly focused on security and “business intelligence” use cases. .

Internet 210
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Stacked raises $35M to bring passive investing tools to retail crypto traders

TechCrunch

Stacked , a web-based platform that provides passive investment tools for retail investors interested in crypto, just announced it raised a $35 million Series A co-led by Alameda Research , a crypto trading firm owned by FTX founder Sam Bankman-Fried. Bybit and BitDAO partner Mirana Ventures co-led the round alongside Alameda.

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Lablaco seeks to help usher in the new era of web3 digitized retail

TechCrunch

The future of digital retail has arrived in Paris, naturally. Today, SPIN by lablaco, launched its first digitized retail experience called Web3 Fashion: The Origin Story at the famed Galeries Lafayette Champs-Élysées. There is no need for a headset; anyone with an internet connection can use the app.

Retail 186