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How a Nigerian Startup Became an Fintech Unicorn

African fintech unicorn Moniepoint was founded in 2015 and has grown into one of the continent's standout success stories. From powering payments for small businesses to building critical financial infrastructure, the company has scaled rapidly and earned its place among Africa's most valuable tech firms. Bloomberg's Jennifer Zabasajja spoke to Felix Ike, the company's co-founder and CTO, about Moniepoint's journey from startup to unicorn, and what it takes to build at scale in Africa's...

Bloomberg Technology 10d ago

Unicorn in the USA: Indians aren't stealing American jobs, they're building entire HR depts

TOI correspondent from Washington: For a country currently engaged in a vigorous debate about whether immigrants are stealing jobs, swiping opportunities, overwhelming the system, and generally causing western civilization to collapse, the United States has produced a rather awkward statistic. According to a new policy brief by the National Foundation for American Policy (NFAP), immigrants have founded or co-founded 455 of America's 775 unicorns -- the term for a private startup company...

Times of India 5d ago

Unicorn: Scaling High-Dimensional Time Series Forecasting via Universal Correlation Modeling

Announce Type: new Abstract: Modern time series architectures face a fundamental trade-off: channel-independent models scale well with increasing data volume but ignore critical inter-channel dependencies, while channel-dependent models are expressive but remain ``dimension-bounded'', struggling to generalize across heterogeneous datasets. To bridge this gap, we introduce Unicorn (Universal Correlation Network), a framework for scalable, multi-dataset pretraining on high-dimensional time...

arXiv CS 9d ago

Unicorn born in record time amid ‘arms race’ among China’s robotic hand developers

Venture capitalists and industrial giants in China are aggressively backing developers of dexterous robotic hands – the toughest bottleneck in the global humanoid hardware arms race – in a funding blitz that is rapidly driving up start-up valuations. The latest capital injection was announced on Friday by Xynova. The Hangzhou-based start-up said it had completed a series A round from investors including the venture arms of smartphone maker Xiaomi and electric vehicle giant Li Auto, bringing...

South China Morning Post 11d ago

African Startup Spiro Raises $215 Million, Nearing Unicorn Value

An electric motorcycle taxi driver rides a Spiro electric motorbike in Kigali

Bloomberg Technology 9d ago

Starbucks bringing back viral menu item despite 2017 barista revolt: 'May God save us all'

Starbucks confirmed to Fox News Digital that its viral Unicorn Frappuccino Blended Beverage will be returning to its coffeehouses for one weekend later this summer at a date yet to be announced. Starbucks originally released the drink for five days in April 2017 and caused a frenzy as people rushed to their local Starbucks to get the drink and post about it on social media. The hashtag #unicornfrappuccino racked up more than 150,000 posts on Instagram in 2017, with more on other social-media...

Fox News 4d ago

India leads among immigrant founders of US billion-dollar startups

Indian entrepreneurs have emerged as the largest immigrant group behind America's billion-dollar startup ecosystem, founding or co-founding 96 US unicorns, according to a new study that underscores the growing influence of Indian talent on the world's biggest innovation economy. The report by the National Foundation for American Policy (NFAP) found that immigrants have founded or co-founded 455 of America's 775 privately held startups valued at $1 billion or more, accounting for 59% of all...

Times of India 5d ago

Photos show sweet moment between Mike Tindall and his daughter Lena at Peter Phillips's wedding

Photos show sweet moment between Mike Tindall and his daughter Lena at Peter Phillips's wedding Seven-year-old Lena, daughter of Zara and Mike Tindall, was captured entertaining royal guests by playing with her unicorn umbrealla outside of Kemble's All Saints Church following the private ceremony Lena Tindall retained her title of most playful royal at Peter Phillips and Harriet Sperling's royal wedding, as she joyfully played in the rain. Harriet Sperling, a 45-year-old paediatric nurse...

Daily Mirror 3d ago