Onfido, a start-up that offers online identity management for services such as banking, has raised $30 million …
start up
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Tech news
Careem Egypt mulls start-up market to invest in transport and e-commerce sectors
by Yomna Yasserby Yomna YasserEgypt’s transportation app Careem says it is studying the start-up market in Egypt to invest for the …
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Banks
Al Baraka Bank, Flat6Labs sign MoU to support entrepreneurs and start-ups
by Yomna Yasserby Yomna YasserAl Baraka Banking Group (B.S.C) and Flat6Labs have signed an MOU to collaborate in a series of …
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Telecoms network maker Nokia said on Wednesday it had acquired Eta Devices, a U.S.-based start-up specializing in …
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Tech news
Uber rival Grab partners with driverless car firm in Singapore
by Ghada Ismailby Ghada IsmailUsers of ride-hailing firm Grab will be able to book driverless cars from Friday as it partners …
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Industry & Trade
Deliveroo raises $275 million to expand food delivery
by Ghada Ismailby Ghada IsmailFood delivery start-up Deliveroo has raised $275 million in a round that involved early investors in Facebook …
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Tech news
Cisco invests 15 mln dollars in Israeli storage firm Elastifile
by Ghada Ismailby Ghada IsmailCisco Systems has invested $15 million in Israeli storage software start-up Elastifile, bringing total investment this year …
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Tech news
Sony to include AI as key business pillar, invests in U.S. start-up
by Ghada Ismailby Ghada IsmailJapan’s Sony Corp said it plans to build up its artificial intelligence (AI) business and eventually turn …
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Twitter Inc on Tuesday said it will buy Indian mobile phone marketing start-up ZipDial, reportedly for $30 …
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A recent acquisition spurt by Facebook Inc may add about a week to the social network’s journey …