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Sustainable Global Trade Initiative (SGTI) Launches to Transform Global Trade
SGTI, backed by major global organizations, aims to redefine trade with ethical, resilient, and inclusive practices. The initiative tackles geopolitical tensions, ESG concerns, and economic sustainability, setting a vision for 100% fair and transparent supply chains by 2050.
1337 Ventures Backs Arus Oil, Pushing Sustainability with Over 2M Kgs Recycled
Malaysian startup Arus Oil, backed by 1337 Ventures, is transforming waste into renewable energy. With over 2 million kilograms of used cooking oil recycled, its innovative approach is reshaping Malaysia’s sustainability landscape.
SpotDraft Secures $54M Series B to Revolutionize AI-Powered Contract Management
SpotDraft raises $54M in Series B funding, led by Vertex Growth and Trident Partners, to enhance its AI-powered contract management platform. The investment will drive global expansion and AI innovation, streamlining legal workflows for businesses like Crunchbase.
Careem Pay Expands Money Transfer Service to Egypt
Careem Pay now enables UAE residents to send money to Egypt instantly and at competitive rates. The expansion supports Egyptian expats, especially during Ramadan, offering seamless remittances via the Careem app with lower fees than traditional banks.
WeLab Bank Achieves First-time Breakeven With Sustainable Profitability Ahead
WeLab Bank announced today its achievement of first-time breakeven in December 2024 - just over 4 years after its establishment. This milestone exemplifies WeLab Bank’s ability to achieve profitability at a pace faster than anticipated, and surpasses most of the digital banks, which typically take 5-7 years to break even.
Ant Group to Connect 280,000 Doctors on Haodf Healthcare Platform with 800 Million Healthcare Users
Following Ant Group’s acquisition of Haodf, a leading healthcare platform specializing in online doctor consultations, Ant Group President Cyril Han and Haodf.com Founder Hang Wang jointly announced plans to drive AI-powered healthcare innovations. These efforts aim to help 280,000 doctors on the Haodf platform work more efficiently and better serve 800 million healthcare users on the Alipay super app.