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<b>VoIP</b> Technician

Google News - VoIP - 2021, May 17 - 9:34pm
VoIP Technician. May 17, 2021. POSITION : VoIP TECHNICIAN AREA : PIETERMARITZBURG & SURROUNDING AREAS SALARY : NEGOTIABLE ...
Categories: VoIP News

Global <b>VoIP</b> Adapters Market 2021 Latest Innovations – Plantronics, Cisco, Grandstream Networks ...

Google News - VoIP - 2021, May 17 - 9:11pm
Global VoIP Adapters Market 2021 Latest Innovations – Plantronics, Cisco, Grandstream Networks, Vonage · MarketsandResearch.biz broadcasted a ...
Categories: VoIP News

<b>VoIP</b> (Voice over Internet Protocol) Market to Witness Rapid Growth by 2027 | Sprint Nextel, Phone ...

Google News - VoIP - 2021, May 17 - 8:37pm
VoIP (Voice over Internet Protocol) Market is growing at a High CAGR during the forecast period 2021-2027. The increasing interest of the individuals ...
Categories: VoIP News

Business Cloud <b>VoIP</b> Market including top key players Cisco , Verizon Enterprise , AT&amp;T Inc ...

Google News - VoIP - 2021, May 17 - 8:26pm
Highlights about report coverage: – A complete background analysis, which includes an assessment of the Global Business Cloud VoIP Market.
Categories: VoIP News

Fresh out of YC, Houm raises $8M to improve the home rental and sales market in LatAm

Startup News - 2021, May 17 - 8:00pm

As a longtime real estate developer based in Chile, Benjamin Labra was able to spot gaps in the buying and renting markets in Latin America. To meet demands, he started Houm, an all-in-one platform that helps homeowners rent and sell their properties in the region.

Fresh out of Y Combinator’s W21 cohort, today Houm announced an $8 million seed round. 

If you think the concept sounds like Brazil’s unicorn, QuintoAndar, it’s because Houm is very similar. While QuintoAndar dominates the Brazilian market, Houm operates in Chile, Mexico and Colombia, and aims to capture the rest of Spanish-speaking LatAm.

Think of Houm as a homeowner-run Zillow meets TaskRabbit. The company offers a marketplace run by the property owners themselves and cuts out the realtor by employing 200 freelancers who prepare the property for sale or to manage it.

Houmers, as they are called, go to the owner’s home, take photos and then help possible buyers or renters view the property. For their work, Houmers are compensated each time a home they worked on sells or gets rented.

However, Houm’s selling proposition isn’t just the ease of use it provides; instead, it also serves as a guarantor in my ways, making the buying process more accessible.

“In Colombia and Mexico, for someone to be your guarantor, they have to have a property that’s free of mortgage so it can be used as collateral,” Labra told TechCrunch.

On the flip side, the company also guarantees that renters will get paid every month, and if a tenant falters, Houm covers the cost. “You really have nothing to lose if you use Houm,” Labra said.

You can imagine that a company like Houm now has all sorts of data on the real estate market, especially around sales and rental prices. As a result, Houm uses this data in an algorithm that helps the homeowner determine a fair price for their property, but the listed price remains up to the owner.

The company, which was founded in 2018 and is based in Chile, now has about 200 full-time employees, in addition to their freelance team. While Labra declined to say how many active users it has, he said Houm is now showing a property every eight minutes.

The current funding round had no lead investor but includes Y Combinator, Goodwater Ventures, OneVC, Vast VC, Liquid2 and Myelin. The company plans to use the money to expand within the region, perfect its algorithm and generally speed up growth.

Fifth Wall’s Brendan Wallace and Hippo’s Assaf Wand discuss proptech’s biggest opportunities

 

Categories: Business News

Sequoia leads $5M pre-seed in Egypt’s 1-month-old digital bank Telda

Startup News - 2021, May 17 - 7:58pm

Egypt has a population of over 100 million people. The country has a high mobile and internet penetration necessary for a young and tech-savvy population with 61% below 30. But despite its youthful population, two out of every three individuals are currently unbanked in Egypt. It’s the same situation in MENA, where only 40% of the population have access to a bank account.

Digital banks have enormous potential in the region. Today, a newly launched one, Telda is announcing a $5 million pre-seed round to digitize how Egyptians save, send, and spend money.

Two weeks ago, we reported that Egyptian e-commerce fulfillment startup Flextock had raised the largest pre-seed in MENA. But that has changed today with Telda’s fundraise surpassing that record with a considerable margin in both MENA and Africa (Autochek’s $3.4 million) for now.

Telda was launched last month by CEO Ahmed Sabbah and CTO Youssef Sholqamy. Before Telda, Sabbah was the co-founder and CTO of Egypt’s ride-hailing company Swvl, and Sholqamy, a former senior engineer in Uber’s infrastructure team. Sabbah said he and his co-founder had been looking at the fintech space at their former workplaces. However, after his experience using N26 while visiting a friend in Berlin in 2015, his eyes opened to the possibilities of digital banking in Egypt.

“I was fond of the idea, and it was coming from a huge pain of payments we had in Egypt and the region. And for me, I was kind of like waiting for this to happen in Egypt, or if not, I thought I’ll tap into the opportunity someday,” he told TechCrunch. “Youcef and I have been like watching out the space for a while when the first digital bank started like six years ago, and watching how they grew in markets where we think banking is more mature than this region. So imagine an opportunity in a region like Egypt where banking is even way, way less mature.”

The North African country is one of the highest consumer spending markets in Africa. Its private consumption accounts for nearly 85% of its nominal GDP, and only 4% of its overall GDP is cashless. In essence, Egypt is heavily cash reliant, and card usage in the country is very much in its infancy. Disheartened by the non-customer-centric banking experiences, Telda was launched to provide an alternative.

Image Credits: Telda

Like any digital bank globally, Telda enables customers to create a free account to send and receive money. And also a card to use online, in stores, make withdrawals and pay bills. But while the service is currently live, Telda cards are yet to be distributed to existing and new customers.

Telda affirmed that it is the first company to receive a license from the Central Bank of Egypt (CBE) under its new regulations to issue cards and onboard customers digitally. And by doing so, the one-month-old company has made major progress in a relatively short time, even though obtaining that license took lengthy dialogue with regulators.

“First movers will usually have to make all the effort with the regulators and with the bank and try to pave the way. So this was one of the hardest parts — convincing regulators to trust and regulate our banking business and to provide payment financial services to our consumers,” the CEO said. But because Telda’s proposition aligns with the CBE’s vision of digitizing payments in the country, it had little choice but to grant them the license.

A different issue the company has faced was finding a partner bank to provide these services. And to do that, Telda had to convince the bank that their services were complementary and wouldn’t entirely overlap.

“That means basically trying to be as much independent as possible from the infrastructure of the bank. This was quite crucial for us to be able to move right and as fast as a startup, not as slow and pretty much tied to the pace of the bank’s technology and operations,” he continued.

Due to the founders’ experience in Swvl and Uber, the importance of building a great team cannot be overemphasized. There’s barely any blueprint to look at in launching a digital bank in Egypt, so Telda is building how it knows best: hiring exceptional talent. According to the CEO, the team comprises Egyptians who returned to the North African country to build Telda after working for corporations like Facebook, Microsoft, Uber, Noon, and McKinsey.

MENA appears to be ripe for a digital banking experience. Per GSMA Intelligence, 280 million people in the region are mobile internet users, and growth is not slowing down. The frustration with traditional banks is particularly acute with the younger generation, who crave a simple, user-friendly, and transparent experience. Telda has been able to onboard an impressive list of investors, including Sequoia Capital, for this reason.

The giant US VC firm led the pre-seed round as Berlin-based Global Founders Capital (GFC) and emerging markets-focused fund Class 5 Global participated.

Although Sequoia has made a few Sub-Saharan African investments in startups like Healthlane and OPay, Telda is its first venture into North Africa and the wider GCC region. Eight years ago, the VC giant led an infamous seed investment in Latin American digital bank Nubank before it began to go full throttle. Now with more than 38 million customers, Nubank is the world’s largest digital bank with a valuation of $25 billion. Sequoia will be looking for a similar success story in Telda.

“There are many parallels between Brazil and Egypt. Both countries boast a large, young, talented, and tech-savvy population with a strong appetite to innovate,” said Sequoia Partner George Robson of the investment. “We are delighted to partner with Telda and earmark our first investment in the region.”

Fintech darling Nubank raises blockbuster $400M Series G at $25B valuation

Telda intends to fast-track its card production and distribution with this new funding. The company said it currently has more than 30,000 signups already, with half of that already requesting cards. It also plans to capitalize on Sequoia’s name for hiring and expansion, the CEO continued.

“I think hiring is key for us. We want to scale the team into a world-class team that’s willing to tap into the opportunity. What we aspire for is basically growing in Egypt, start to deliver cards for the early adopters, and we see ourselves reaching close to a million cards in our first year.”

Investments in Egypt have been growing in leaps and bounds over the past three years, accompanied by a growing, vibrant ecosystem. Egypt recorded the largest number of investment deals last year per Partech Africa. With 86 deals completed, the country contributed 24% to the total number of deals made on the continent. 

GFC partner Roel Janssen referring to the budding ecosystem in his statement, said: “We are highly impressed by Sabbah and Sholqamy and love their vision for building the region’s leading digital banking app, and we are proud to be part of their journey. It is GFC’s first investment in Egypt, and we see that Egypt has the potential to become an important hub in the global tech ecosystem.”

How African startups raised investments in 2020

Class 5 global managing partner Youcef Oudjane said, “Money has become a medium of self-expression — a form of identity — not solely a store of value. Telda has done a remarkable job of embedding their culture and values in the product, in both functionality and design.”

Categories: Business News

Enterprise Session Border Controller Market Is Booming Worldwide with | Nokia,Italtel, Sangoma ...

Google News - VoIP - 2021, May 17 - 7:52pm
Increasing Use of Voice over Internet Protocol (VoIP) Enterprise Session Border Controller Network Interface in All Size of Enterprise. Market Drivers:.
Categories: VoIP News

Transforming telco businesses with AI

Google News - VoIP - 2021, May 17 - 6:56pm
... Telinta and TransNexus help VoIP service providers comply with STIR/SHAKEN and robocall mitigation requirements · Building a marketing strategy ...
Categories: VoIP News

<b>VoIP</b> Phone Market: Regional Industry Segmentation, Analysis by Production, Consumption ...

Google News - VoIP - 2021, May 17 - 6:33pm
Global VoIP Phone Market Report 2016-2026 is latest research study evaluating the market, highlighting opportunities, risk analysis, and leveraged ...
Categories: VoIP News

How to Get A Vanity Phone Number: A Complete Guide

Google News - VoIP - 2021, May 17 - 5:02pm
How To Vanity Phone Numbers Work? A business phone service is designed to run via the internet. Such services use a protocol referred to as VoIP ( ...
Categories: VoIP News

Grasshopper review

Google News - VoIP - 2021, May 17 - 4:52pm
Top features; Typical customers; Pricing Plans. Grasshopper may not have the big-name appeal associated with VoIP offerings ...
Categories: VoIP News

Global Explosion-Proof <b>VoIP</b> Portable Phones Market 2021 Top Leading Player, Demand ...

Google News - VoIP - 2021, May 17 - 4:30pm
The Explosion-Proof VoIP Portable Phones Market report gives an outline of the current market Trend, gradual income, and future viewpoint of the ...
Categories: VoIP News

<b>VoIP</b> Services Market to Witness Robust Expansion by 2027 | Kosmaz Technologies (<b>VoIP</b> ...

Google News - VoIP - 2021, May 17 - 4:28pm
Kosmaz Technologies (VoIP), RingCentral, Line, Avaya, Tencent, Microsoft Skype, TATA Communications, Facebook, Telefonica, Google, Kakao Japan, ...
Categories: VoIP News

<b>VoIP</b> Services Market – Outlook On Rising Application, Revolutionary Trends &amp; Potential Growth ...

Google News - VoIP - 2021, May 17 - 2:37pm
The study on the VoIP Services market analyses the current competitive landscape and the changing dynamics because of a plethora of factors ...
Categories: VoIP News

<b>VoIP</b> Market 2021 Competitive Insights – NTT, Vonage, Comcast, KT

Google News - VoIP - 2021, May 17 - 1:41pm
The Global VoIP Market Research Report 2021-2026 is a valuable source of insightful data for business strategists. It provides the industry overview ...
Categories: VoIP News

Global <b>VoIP</b> Providers Market (Covid-19 Updated) 2021 Demands To Witness a Massive Growth ...

Google News - VoIP - 2021, May 17 - 1:18pm
“The COVID-19 repercussions have devastated the business economists rapidly changing the world around the Global VoIP Providers Market.
Categories: VoIP News

Global <b>VoIP</b> Market (Based on 2020 COVID-19 Worldwide Spread): Teleco, Netvoipkce, Inovatia ...

Google News - VoIP - 2021, May 17 - 12:22pm
“The new record on the Global VoIP Market is required to offer genuine benefits to the critical business players by offering all out information about the ...
Categories: VoIP News

Global <b>VoIP</b> Software Market Size 2021 Industry Share, Strategies, Regional Demand, Growth ...

Google News - VoIP - 2021, May 17 - 10:41am
The up-to-date research study published by Reportspedia, entitled “Global VoIP Software Market“, focuses on industry growth, market scope, future ...
Categories: VoIP News

Global <b>VoIP</b> Telephony Market Survey Report, 2021-2026

Google News - VoIP - 2021, May 17 - 10:18am
The latest research report on VoIP Telephony market identifies and evaluates all the important aspects like the key driving forces and impediments ...
Categories: VoIP News

OTT Market Global Production, Growth, Share, Demand and Applications Forecast to 2026

Google News - VoIP - 2021, May 17 - 5:37am
VoIP; SMS; Apps; Cloud Services and Internet Television. Key highlights of the report: Product sales patterns; Profit returns amassed by each ...
Categories: VoIP News

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