Grab continuously explores the consumer market, launching on Aug. 4 its new micro-investment and pay-later programs for consumers. The company now added a suite of consumer products including health insurance, and loans, available on its Grab platform. Consumers can access...
Frankfurt-based Deutsche Bank announced Monday, July 27, 2020, its decision to halt its investment schemes in oilsands projects and other fossil fuel projects. The bank’s decision follows an increasing list of European lending and insurance firms steering clear of...
Swedish kit vendor Ericsson secured the deal with Japan’s SoftBank for adding a dual-mode 5G Core to 5G RAN. The company is deploying a cloud-native, dual-mode core to support SoftBank’s 5G standalone offer, providing capabilities to use the network in...
US 5G giant Qualcomm has become the latest backer of India’s Jio Platforms, adding to the list of other big-name investors that have injected millions in the four-year-old company. On Sunday, July 12, Qualcomm announced it will invest $97 million...
The UK’s Financial Conduct Authority (FCA) has authorized cross-border payment company TransferWise to offer investment products in the region. After acquiring the license, TransferWise provides an option for customers to invest their deposits and make their money work on their...
Leading Israeli AI-automated sports production company Pixellot announced its successful investment round on Wednesday, June 24, 2020. The firm raised $16 million in funding led by Shamrock Capital Advisors. Apart from Shamrock Capital Advisors, new investor Altshuler-Shaham, Israel’s largest investment...
According to Investment Coordinating Board (BKPM) spokesperson Tina Talisa, Indonesia is expecting investments from Japan, South Korea, and the United States as they set up manufacturing in the country. The unnamed firms are ‘looking to invest’ two industrial estates under...
Abu Dhabi state fund Mubadala Investment buys 1.85 percent stake of Jio Platforms in the move to drive global growth in information and communications technology. The reliance industry firm Jio Platforms leads Indian telecommunications with over 388 million subscribers. The...
American multinational pharmaceutical company Pfizer announced Tuesday, June 2, 2020, that it will be investing $500 million in small and medium biotechnology companies in the United States. Pfizer’s investment aims to help provide funding towards treatment candidates. The pharmaceutical giant’s...
Synack Inc., a California-based crowdsourced penetration testing platform, announced Thursday it has secured a $52 million investment in its Series D funding. The round, which brought the company's total funding to date to $112.1 million, was led by B...

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