Startups

Kwara, a Kenyan fintech digitizing credit unions (Saccos), more than doubled its client base last year, and it’s eyeing enormous growth in the coming years after raising a $3 million seed extension and signing an exclusive digital solutions distribution agreement with the Kenya Union of Savin

Byju's has made a key change in its sales strategy, moving away from a business practice that attracted the edtech giant criticism over the years. The Bengaluru-headquartered startup, India's most valuable, said on Monday its sales people no longer visit students’ homes to pitch to th

ShareChat, the Indian social media startup backed by Twitter, Google, Tiger Global and Temasek, has laid off 20% of its workforce — or over 400 employees — just a month after eliminating more than 100 roles. The startup informed its employees about the decision on Monday morning. It deactivated

During the pandemic, Tita Ardiati and Bayu Puspito Bhaskoro began developing life coaching content to support employees who were increasingly burned out by working from home. They got a good enough reception that they decided to develop their product into an employee assistance program called Mindt

Welcome to The Interchange! If you received this in your inbox, thank you for signing up and your vote of confidence. If you're reading this as a post on our site, sign up here so you can receive it directly in the future. Every week, I'll take a look at the hottest fintech news of the p

Welcome, welcome, folks, to Week in Review, technewss’s regular column that recaps the last week in news. If you’d like it in your inbox every Saturday, sign up here. Hope you’re sitting comfortably with a warm beverage on this wintery Saturday afternoon. Expecting Greg’s b

Welcome to Startups Weekly, a nuanced take on this week's startup news and trends by Senior Reporter and Equity co-host Natasha Mascarenhas. To get this in your inbox, subscribe here. It took me a while, but I'm realizing that my startup love language is discussing any attempts to standardi

Sealed built a business around predicting energy use and getting homeowners to ditch fossil fuels. So, naturally, the company’s first acquisition is a startup that tracks energy on a granular level. Sealed did not disclose the terms of the deal, but said in a statement that scooping up Burlin

To get a roundup of technewss's biggest and most important stories delivered to your inbox every day at 3 p.m. PST, subscribe here. The team who went to CES is back at their desks. If you missed the barrage of stories — or simply couldn't stay on top of them — Brian wrote up an amazing

Africa is seen as the next trade frontier, following the coming into force of The African Continental Free Trade Area (AfCFTA), which created the single largest unrestricted trade region in the world. However, while trade liberalization is meant to spur intra-regional commerce, its take-off is depe

Africa seemed to defy the global venture funding decline in the first half of 2022 after its startups raised $3 billion, double the amount secured over a similar period the previous year. However, the VC market correction caught up with the continent in the back half of last year, when ticket sizes

To get a roundup of technewss's biggest and most important stories delivered to your inbox every day at 3 p.m. PST, subscribe here. Hello, dear readers! We're back once again (like a renegade master) with a wall of great tech news stories. Plug in some headphones and bop your head to that

Field-programmable gate arrays (FPGA), or integrated circuits sold off-the-shelf, are a hot topic in tech. Because they’re relatively affordable and can be programmed for a range of use cases, they’ve caught on particularly in the AI and machine learning space where they’ve been u

Learning navigation platform Career Karma has laid off another 22 people across its global and domestic workforce, less than five months after it cut 60 staff members, according to sources. CEO and co-founder Ruben Harris confirmed the workforce reduction to technewss. The cut shows that even as m