Sun.Mar 05, 2023

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Alleged security breach leaves millions of dollars missing from Flutterwave accounts

TechCrunch

Last month, Flutterwave, Africa’s largest startup by private valuation, was involved in a hack that resulted in over ₦2.9 billion (~$4.2 million) missing from its accounts, according to local tech publication Techpoint Africa. According to the documents seen by the publication and reviewed by TechCrunch, unknown actors transferred the funds across 28 accounts in 63 transactions in early February.

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[IQM in WAM] Investment in quantum computing to be major economic driving force in next two years: experts at Investopia 2023

OurCrowd

ABU DHABI, 5th March, 2023 (WAM) — Thought leaders and entrepreneurs from around the world discussed the opportunities presented by AI and quantum computing to optimise efficiency and growth in all walks of life, during Investopia 2023 annual conference, which took place on 2nd and 3rd March, 2023. Read more here. The post [IQM in WAM] Investment in quantum computing to be major economic driving force in next two years: experts at Investopia 2023 appeared first on OurCrowd Blog.

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Amazon and Better.com’s unlikely pairing

TechCrunch

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 previous week. This will include everything from funding rounds to trends to an analysis of a particular space to hot takes on a particular company or phenomenon.

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If you have more than one business model, you don’t have a business model

TechCrunch

To be successful, a business needs to have a plan for revenue in the short term and profitability in the long. Early-stage founders might be tempted to come up with half a dozen ways the company could make money. Don’t fall into temptation: Five unproven solutions don’t make one actual solution. Having said that, sometimes there might be several business models that could lead to profitability.

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Digitalization: 5 Tech Updates That Will Help You Survive The Recession & Thrive

Lack of digitalization decreases business competitiveness. To thrive, embracing modern solutions becomes essential. The approach to digitalization often aligns with a company's business model. This shift not only boosts productivity but also automates processes and improves security. The tech market offers a wealth of technologies tailored for management, planning, and forecasting, replacing outdated pen-and-paper methods.