News & Press
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PayU (Naspers) Announces Purchase of Citrus Pay
PayU, Naspers’ payment service provider, whose headquarters is in the Netherlands, announces the acquisition of Citrus Pay, the Indian payment gateway. Closing at $130 million (U.S.), it is one of the largest Merger and Acquisitions in the Indian internet arena and certainly in Indian financial tech history. To date, the largest M&A in India’s financial […]
Razer Puts $30m Up For Grabs In IoT, Gaming and VR Developers With Launch of New zVentures
Razer is a company that has been making gaming peripherals and hardware for almost twenty years now. Razer recently caused considerable excitement by entering the software market, and this looks as if it could be the start of an exponential broadening of their horizons. The company has now created zVentures, a venture capitalist funding group […]
Sourcery Will Make The Magic Happen With 5 Million For Restaurant-Vendor Interfacing
The awesomely named (and likely Pratchett-inspired) start-up Sourcery Technologies Inc. is looking to change the way restaurants handle their relationship with vendors, and vice versa, by creating a portal interface solution for both sides. They have just secured $5 million in venture funding from their original backers Marker LLC, together with Steadfast Venture Capital, Palantir […]
App Annie’s latest prediction: Worldwide App Downloads Reach 280 billion by the year 2020
The day is nearly upon you – a tweet orders your favorite pizza, your Apple Watch places your Buy Stock transaction, you automatically add the song playing in your favorite restaurant to your Spotify playlist. That’s right – as your favorite brands adopt the latest mobile app technology to further engage you – App Downloads […]
Snapchat Advertising Revenues Poised to Reach $1 Billion by 2017
Enormous growth is forecasted by the industry including a prediction that Snapchat advertising revenues will reach $1 Billion by 2017 increasing from this year’s estimate of $366 million. Snapchat has proved successful in it capability to reach millennials with a broad advertising portfolio and subsequently targeted ads. The 2016 estimates are above Snapchat’s own goals […]