Farewill, a U.K.-based end-of-life services provider that offers online tools for writing wills, organizing probate, and arranging cremation, has been acquired by funeral service provider Dignity in an all-shares deal valuing the startup at £12.9 million ($ 16.8 million). The deal is a classic case of an established legacy incumbent chasing growth by buying a […]
Instagram’s latest feature is a digital business card for your profile
Instagram is rolling out a new “profile card” feature that is essentially a digital business card for your profile. The official launch comes a few months after the Meta-owned social network was spotted testing the feature with select creators. The new two-sided profile cards are designed to make it easier for users to share their […]
Impact investors FMO and BlueOrchard back Ghana’s digital lender Fido in $30M Series B round
Digital lending platforms have become an easy and swift alternative source of credit for microenterprises and individuals overlooked by traditional banking institutions. These platforms have turned into a lifeline for millions of underbanked and demand will keep growing, pushing the value of the digital lending platform market in the Middle East and Africa to reach […]
Validus, a Singapore-based digital SME lending platform, secures $50M debt financing to help enterprises in Indonesia
Validus, a Singapore-based digital lending platform for small and medium businesses, has secured $ 50 million in debt financing from HSBC under the ASEAN Growth Fund strategy. Validus will use the proceeds to support the financial inclusion of micro, small and medium enterprises (MSMEs) in Indonesia, addressing the challenges they face in accessing financial resources. […]
Tesla keeps putting its digital history in the memory hole
It seems that the Ministry of Truth has been busy at Tesla. Some sharp-eyed folks, including reporters at Electrek, noticed that Tesla has deleted all of its blog posts prior to 2019. Those blog posts are a digital history of the company, covering everything from CEO Elon Musk’s original master plan, to the first Autopilot […]