Financial service provider Pineapple Financial said it went public on New York Stock Exchange (NYSE American), on Wednesday. The Canadian firm said it is the first to launch an initial public offering (IPO) at NYSE. The brokerage firm said with the capital raised from IPO, it will use the fund for growth initiatives, research and […]
Consumer insurance firm, Chubb Studio launched a new developer portal on Tuesday to expand for its B2B2C partner companies to access and test its digital insurance products and capabilities at Singapore Fintech conference. B2B2C means Business to Business to Customer is a business model which combines features from B2B and B2C sale model. The […]
IT service provider Flexxible appointed insider Demetri Rico to take over as its chief executive officer on Wednesday, replacing the Founder of Flexxible, Sebastian Prat. The shift in leadership is due to the strategic growth in international market, said Flexxible. Rico, who most recently served as the operating chief of Flexxible has served in […]
Online payment platform TerraPay formed a transformative global partnership with Maya, fintech company at the Singapore Fintech Festival, on Wednesday. The company said it is establishing this partnership with Maya with the bloating demand of efficient cross-border payment solutions. TerraPay also said, this collaboration has the objective to make international remittances more accessible, convenient, and […]
AI-driven recruitment platform Elevatus partnered with Barns, a specialty coffee brand to enhance its recruitment process, on Tuesday. The company said Barns strategically utilizes Elevatus’ innovative solutions to secure top-tier talent and meet the recruitment needs for the expansion of 1000 smaller stores and drive-through outlets by 2030. Elevatus said the firm along with Barns […]
Business process automation firm MCCI acquired GovBuilt, customer service provider, on Monday, with an aim to strengthen MCCI’s portfolio and reinforce its position as a leader in GovTech. The company’s acquisition is taking place after its earlier identification as a GovTech100 company for 2023, which the company said the deal reaffirmed its commitment to delivering […]
Financial tech company Canoe Intelligence launched an alternative investment technology, Canoe Pro, in collaboration with Amplify Advisory Solutions, institutional investment provider on Wednesday, to integrate expert services into the Canoe client experience. The newly launched Canoe Pro through the combination of Canoe’s alternative investment technology with the support of Amplify’s expertise, it will deliver a […]
Online chatting platform Omegle is shut down due operational failure. Leif Brooks, executive chief of Omegle, in the official website acknowledged the misuse of application, while also sharing his journey from Omegle’s birth to the recent end, as a letter to the website visitors. Omegle, 14 years old, gained its popularity during corona virus pandemic […]
The space agency National Aeronautics and Space Administration (NASA) launched its new digital platform NASA+ on Wednesday. The new on-demand streaming service’s objective is to provide original content of NASA for all the age group. The digital platform NASA+ contain the original video series like live launch coverage, kid’s content, Spanish-language programming, and the latest […]
Telecom service provider Du partnered with Dubai Silicon Oasis on Thursday, to expand the smart services offered at Dubai Digital Park. Dubai Silicon Oasis, is a member of the Dubai Integrated Economic Zones Authority (DIEZ). The aim of the collaboration is to contribute to Dubai digital Park’s status as Dubai’s first integrated smart city, and […]
Metal recycling firm Sims Limited names Warrick Ranson as group chief financial officer effective on December 4, replacing the interim financial chief Steve Skurnac, who has held this position since October 1 on Thursday. Mascot-based firm said the newly appointed financial chief will directly report to the newly appointed executive chief Stephen Mikkelsen. He took […]
Automobile manufacturer Renault Group signed a new alliance agreement with peer Nissan Motors Co on Wednesday, while it replaced four former agreements governing alliance. French based car maker said the agreement established a cross-shareholding arrangement of 15%, accompanied by lock-up and standstill obligations. Each of the partners will be able to exercise 15% voting rights […]
Energy management firm Schneider Electric said it will acquire EcoAct SAS, sustainability consultancy firm, on Tuesday. The deal completion follows consultation with the relevant employee representatives and approval from the competent regulatory authorities, said Schneider. The firm said final negotiation regarding the deal was completed on July 3, with Atos Group. The deal value, however, […]
Entertainment and media giant Walt Disney Co named Hugh Johnston as their new chief financial officer on Monday, replacing Kevin Lansberry effective on December 4. The company said the newly appointed financial chief will directly report to CEO of Robert Iger. Johnston, most recently, worked with PepsiCo, food and beverage giant as vice chairman. Prior […]
Cloud-based firm Basware teamed up with tech Giant Microsoft and Zure to launch AskMary, a generative AI tool on Monday. This AI tool, the company said, uses Microsoft Azure OpenAI ChatGPT, with an aim to provide Basware’s customer support team to deliver accurate and fast support system. The tech firm also said AskMary integrates ChatGPT […]