Egypt’s Khazna banks $16M for its financial super app and expansion into Saudi

A large portion of Egypt’s population lacks access to traditional banking, forcing many to rely on cash transactions and informal lending. Khazna, a fintech startup founded in 2019, is tackling this issue by offering financial services tailored for low- and middle-income workers. The company provides solutions like salary advances, digital payments, and microloans to help […]

Read more

Grubhub confirms data breach affecting customers and drivers

U.S. food delivery giant Grubhub says hackers accessed the personal details of customers and drivers after breaching its internal systems.  Grubhub is a popular food-ordering and delivery platform with over 375,000 merchants and 200,000 delivery providers using its platform in more than 4,000 U.S. cities. New York-based Wonder Group acquired the company last fall in […]

Read more

AI agents for e-commerce startup, founded by Google and DeepMind alums, raises $10M seed

AI is changing how we shop online, making our experiences more personalized. Smart assistants recommend products, negotiate deals, and even handle customer service. Big retailers and smaller businesses are using AI to improve search, supply chains, and checkout.  If AI companies (and their investors) have their way, shopping will soon be focused on chatting with […]

Read more