On Monday 28th February, US-based payments technology firm Sezzle was acquired by Zip, an Australian financial technology firm. The deal values Sezzle at 355 million USD, which represents a 22% premium compared to the Australian Securities Exchange (ASX) listed shares previous to the announcement. The transaction has been approved unanimously by the boards of the…

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Founded in 2015, Singaporean-based Funding Societies completed their Series C+ funding round on the 15th February 2022, raising over 144 million USD. This was led by the Softbank Vision Fund 2 and included existing investors such as Sequoia Capital as well as new investors such as VNG Corporation, EDBI and K3 Ventures. The firm also…

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Meta Platforms Inc. has been at the centrepiece of discussion for FinTech and Crypto since it announced rebranding in October 2021. The potential and excitement surrounding the Metaverse have spilt over to many large names such as Disney, Adidas and even JP Morgan, all exploring the possibilities of the Metaverse. Metaverse Cryptocurrencies have also received…

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Airbus, a leader in the aviation industry, have recently announced a partnership with French hydrogen specialists Safron, and General Electric (GE), the US energy conglomerate. Hydrogen-based energy has taken the spotlight in the decarbonisation of air transport, and Airbus have begun to initiate a ‘green transformation’. This has been caused by increasingly stringent emissions regulations,…

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After having been founded in 2014, the Singapore-based interior design start-up, Livspace, has become a unicorn start-up following a recent funding round which saw the company raise 180 million USD at a valuation of 1.2 billion USD. The latest funding round, which was completed on the 7th February 2022, included investors such as Kohlberg Kravis…

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On the 4th February 2022, it was announced that Joe Biden, President of the United States, has renewed four years of tariffs on imported solar panels, which was previously implemented by the Trump administration. The steps have come under both praise and criticism. Praise for the approach in the perspective of increasing a national effort…

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Artificial intelligence is the ability of a computer to do tasks usually carried out by humans, by mimicking human thinking to learn how to improve at tasks independently. Though there have been recent breakthroughs in Artificial Intelligence, especially in the automotive and robotics industries, the field is still in its infancy. Although the software that…

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Promising to be environmentally sustainable, cheaper to manufacture, and faster to build, modular construction is an attempt to bring the efficiency of the assembly line to the construction industry. Modular construction is a form of prefabrication where the building is produced in a factory and assembled on site. The factory produces standardised modules, which are…

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In a transaction worth 6.6 billion USD, the low-cost airline Frontier has agreed to purchase rival airline Spirit, with Spirit shareholders receiving a 19 per cent premium compared to the value of their shareholding before the announcement. Spirit shares were only trading up by 13% in midday trading, however, representing uncertainty about whether the deal…

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