Zypl, a software-as-a-service (SaaS) company founded in Tajikistan in 2021, is leveraging artificial intelligence (AI) models to drive financial inclusion in emerging and frontier market (EM/FM) economies.
Fintech is growing fast in Central Asia as banking sectors looking to leapfrog the traditional financial sector development go straight to high-tech solutions for local people’s lending and spending needs.
The Digital Intelligence Index (DII) put together by specialist Emerging and Frontier market investment fund Sturgeon Capital provides insights into the potential for fintech investments in emerging and developing markets.
Serbian consumers started to trust online retailers during the pandemic and now the number and volume of transactions are rising sharply.
Electric supercar producer now developing €450mn urban mobility system with fully autonomous electric vehicles.
e-export nation platform to help SMEs export their products to more than 190 countries.
Investment to fund FlowX.ai's global expansion and product development.
International payments company believes Uzbekistan can be a hub for operations across Central Asia.
Elefant.ro is one of the largest online retailers in Romania, with over 2mn customers, but made a substantial loss in 2022.
Kaspersky Lab probed offers in dark shadowy corners of the internet for AI-driven synthetic media services that could be used in fraud, extortion or other crimes.
Analysis shows campaign spot “was manipulated by combining two separate videos with totally different backgrounds and content”.
Croatia's ICT industry has been steadily growing in recent years, with the sector now contributing around 6% of the country's GDP.
VK is developing its own dating application to fill the space left by the exit of Match Group, the owner of popular dating apps Tinder and Hinge, from the Russian market.
The President Tech Award is worth $1,000,000 in total, with each category winner receiving cash prizes of up to $100,000, and second and third place getting $50,000 and $30,000 respectively.
Investment bankers and brokers in Moscow are accessing Bloomberg terminals remotely via subscriptions in Armenia a year after the US media giant cut access for all its Russian clients, bne IntelliNews can reveal.
Announcement comes as company, valued at $6.5bn during 2020 London IPO, reports 52% y/y expansion in adjusted 1Q23 profits.
Economic challenges said by observers to be racking consumer industry players in quick-commerce.
The Central Bank of Russia is rolling out a “digital ruble” as Russia gets ready to join the cryptocurrency revolution, but in a way that the regulator remains in control of the e-currency.
Kosovo’s government banned energy-hungry cryptocurrency mining last year to tackle winter power shortages.
Kazakhstan, Kyrgyzstan and Georgia among countries that appear to be conduits for sanctioned goods from East Asia nation.