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Fintech

MoneyHash secures $4.5M in funding for innovative payment orchestration platform benefiting MENA merchants

The payment landscape in the Middle East and Africa (MEA) region is marked by significant fragmentation, with numerous payment providers and methods in each country, evolving regulations and diverse customer preferences. This complexity is further compounded by challenges such as payment fraud, low checkout conversion rates, and high transaction failure rates. Payment orchestration platforms streamline payment processes for merchants through unified payment APIs. As merchants or companies launch their platforms, they often start by collaborating with one or two payment processing providers. As their operations grow and expand into multiple regions, they onboard additional payment providers to meet their evolving needs.

Max Chen
February 27, 2024

Venture

Alternative: Struggling to Choose Between Airbnb or a Traditional Hotel? Discover Overmoon’s Hybrid Vacation Rental Concept

Historically, vacation rental companies have managed homes for homeowners. Overmoon is a three-year-old vacation rental startup with a different model that essentially cuts out the middle man. But Fraiman doesn’t believe that so many proptech companies are failing because of high interest rates. “I think the inability to raise capital is the real reason and interest rates are a contributing factor,” he said. Plus, higher interest rates means fewer buyers out there, which means less competition.

Max Chen
January 11, 2024

Uncategorized

Massive Offshore Wind Farms Deliver Delicious Battery Power to the US Power Grid

Wind Turbine Vinyard Wind Worldview Films

Offshore wind turbines at two commercial-scale sites are now sending power to the U.S. grid. The firms wanted to deliver offshore wind power via the site before the end of 2023; they missed that goal by just a few days. The Vineyard Wind news comes about a month after another offshore site near Montauk Point, New York declared a similar breakthrough. Dubbed South Fork Wind, the offshore wind project so far has two turbines installed, with one operating. Yet, U.S. offshore wind has suffered some blows recently, in spite of support from the Biden administration, which made offshore turbines a key part of its strategy to reduce climate pollution.

Dylan Williams
January 3, 2024

Media & Entertainment

Feedback is Key: Closing the Deal With Technical Interviews

To improve close rates for technical interviews, give applicants feedback (good or bad) • TechCrunch

Many candidates find out only after the fact whether they have been successful in their technical interview rounds. And even then, they seldom find out why. This makes it difficult…