Pgwu Transaction Laundering: Payments Next Big Threat
Cartona, an Egyptian B2B eCommerce marketplace for the fast-moving consumer goods FMCG space, has raised $12 million in Series A funding.According to a Monday July 25 press release, Cartona plans to use the funds to extend its footprint in Egypt, expand its product, services and technology, and explore sectors beyond FMGC.The round was led by Silicon Badia, with participation from SANAD Fund for MSME, Arab Bank Accelerator, Sunny Side Ventures, Global Ven
stanley cup tures, and Kepple Ventures.Read more: Egyptian B2B eCommerce Startup Cartona Partners With Unilever We are thrilled to partner with the Cartona team to help them continue to disrupt the $120 billion Egyptian retail market through its B2B technology platform and embedded financial service offerings, said Namek T. Zubi, founding managing partner at Silicon Badia. The market is hungry for these type of solutions,
stanley romania and we believe Cartonas asset-light approach will allow them to serve as many marketplace participants as possible in a highly efficient manner. Cartona has said its goal is to digitize Egypts trade system, much of which still operates offline. In May, the company launched a partnership with multinational consumer goods company Unilever to help add new offerings to Cartonas base of retailers, suppliers, and distributors. This cooperation allows both parties to offer unique solutions, revolutionizing Egypts traditional trade and broadening o
stanley cup ur prospective user base across various governorates, Cartona CEO Mahmoud Rxgn Fast-Casual Brands Prepare IPOs as Sector Bounces Back
Fixed versus dynamic is the push-me-pull-you of payments.The move to digital is forcing the payments and financial services ecosystem to adopt a more dynamic way of thinking and del
stanley butelka ivering services. Fixed infrastructure can sometimes make that a challenge.Take credit scores.Over the years, credit scores have increasingly been used to inform and influence decisions for lenders and consumers.But one glaring misconception has rem
stanley website ained 鈥?that a credit score is a fixed measure of repaymen
stanley kubek t risk.The truth is more nuanced: A credit score evaluates a consumers risk of defaulting on a loan i.e., going 90 days or more past-due on a payment at the moment in time that the score is calculated. The default risk associated with that score value any credit score value is not a fixed quantity: It will shift continually as economic conditions fluctuate, as lenders develop new loan products and as consumer behaviors change accordingly. That, said Sarah Davies, senior vice president of product development and analytics at VantageScore, is why its so critical that credit models have sensitivity to changing data and are refreshed over time.Since its founding 10 years ago, VantageScore has published the results of its annual exercise to measure its credit scoring models so that financial institutions can develop more insight around credit scoring models and how they are performing. Transparency is a critical part of our mission, Davies said, and we felt it was appropriate to start a dialogue
