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Revolution Ventures Invests in Palla, the Cross-Border Payments Platform Powering the Future of…

Revolution

Meet Palla the fintech redefining how money moves across borders, enabling financial institutions and fintechs to embed instant, flexible, and secure international payments directly into their products. What Theyre Solving For: The global remittance market exceeded $857B in 2023 , with more than $155B sent from the U.S.

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AI Agents Drive Holiday Shopping Success, Despite Record Returns

American Entrepreneurship

Salesforce observed that 42% more shoppers engaged with AI-powered chat for customer service compared to the 2023 holiday season. Moreover, Salesforce noted a 25% increase in the retail use of generative AI between September and October 2024, showing that the technology’s influence accelerated as the holiday season approached.

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We’re Entering the Stay-Home Economy. Here are 10 Industries That Will Be Winners

Entrepreneurs' Organization

He is the founder and CEO of Acceleration Partners , an affiliation marketing company. These shifts are also likely to change how people work and shop far into the future and accelerate the pace of changes already underway. billion in 2023 may grow even faster—and become highly valuable to advertisers. Direct to Consumer Brands.

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Top 10 Fintech Startup Investments Powering Southeast Asia in 2023

AsiaTechDaily

In 2023, the industry attracted substantial investments, with strong financial inclusion and blockchain technology gaining acceptance in some countries. Since its soft launch in March 2023, the company has rapidly gained ground in the Indonesian market. VentureTECH SBI and VentureTECH joined forces collectively, investing $2.4

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Indonesian Government-backed Accelerator Achieves $65.8 Million in Funding for Alumni Startups

AsiaTechDaily

Register Government-supported accelerator program Startup Studio Indonesia (SSI) is now accepting applications for its seventh cohort. SSI has opened the application process for its seventh batch, scheduled to commence in May 2023. The post Indonesian Government-backed Accelerator Achieves $65.8

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NeuReality lands $35M to bring AI accelerator chips to market

TechCrunch

Inferencing chips accelerate the AI inferencing process, which is where AI systems generate outputs (e.g., Co-founder and CEO Moshe Tanach tells TechCrunch that the tranche will be put toward finalizing the design of NeuReality’s flagship AI inferencing chip in early 2023 and shipping it to customers. Image Credits: NeuReality.

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Colombian e-commerce enablement startup Melonn raises $20M to help SMBs scale in LatAm

TechCrunch

They were brought back together by the pandemic to start the e-commerce enablement company. The beauty of Melonn is the potential to both accelerate a business and integrate into platforms that its clients are already using.”. A wave of LatAm fintechs are laying down new global commerce rails.