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Indonesian FinTech LinkAja closed a series B funding round led by Singapore super app Grab, with participation from Telkomsel, BRI Ventura Investama and Mandiri Capital Indonesia. . “We Cashless transactions in the country using digital money is anticipated to increase to 24 percent by 2027. 10), per IBS Intelligence.
percent compound annual growth rate (CAGR) globally from 2020 to 2027. . Cybercriminals are eager to capitalize on the virtual gaming industry’s increasing popularity, using tactics that include creating phony versions of popular online games that compromise users’ smartphones or computers once downloaded. billion in the U.S.
By using digital technology and tapping the right network of industry leaders, he was able to create a banking platform for people in situations like he was as a consultant. workforce by 2027. Ahmed launched Oxygen when he encountered banking problems while running a freelance consultancy business.
As technology reshapes the way buyers access goods and services, consumer expectations are moving targets, and merchants that hope to survive can’t afford to fall behind. From Reis & Irvy’s to Vengo , merchants and technology companies are reinventing the world of vending technology through smart devices.
are expected to approach $6 trillion by 2027, with an annual growth rate that will eclipse GDP growth for that same period. The announcement of the Simplee acquisition also included news of an additional $120 million capital raise. According to the Centers for Medicare and Medicaid Services , healthcare expenditures in the U.S.
Between now and the end of 2027, it is estimated that $2.2T As can be seen below, the net result, based on CoStar data, is that we expect office rents to continue to fall and capitalization rates to continue to rise until late 2025, should the economy remain stable. of office loans is coming due.
billion in annual spending on PPE projected by 2027. Digital payments help sellers get paid faster and buyers [to] make convenient payments while benefiting from working capital and cash flow management.”. Numbers are fairly staggering even as COVID-19 infections slowly recede, with $98.3 But making more PPE isn’t the only issue.
The development of new technologies is threatening to disrupt the business models of many of these traditional players, as fast, efficient and low-cost platforms are providing access to capital that traditional banks are either unwilling or unable to deliver to the marketplace. . Blockchain Disruption . Lingering Fraud Risk .
Just as technology and platforms have changed commerce, they are changing healthcare as well, refashioning the landscape and ways in which health data flows, how it is used and, at the other end of the spectrum, how we pay for care as it is delivered — without breaking the bank. trillion in 2018. The Continuum Of Care, Data-Driven.
It handles the back-end payment technology while working with banks that process the payment transactions. . Amid the pandemic-driven acceleration of e-commerce and shift to digital payments, Marqeta has seen rapid growth in revenue and demand for its card-issuing technology. The company is aiming for a $12B valuation. . Key Takeaways.
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