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Boldd Launches To Power Enterprises with Cutting-edge Financial Tools

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One of Tekedia Capital portfolio startups, 1App, has a new product: Boldd: “We are thrilled to introduce Boldd to the business community…Our platform is a game-changer, providing businesses of all sizes with the tools they need to thrive in today’s competitive landscape. With Boldd, organizations can streamline their processes, gain real-time insights, and unlock their full growth potential,”  said Opeyemi Adekunle, CEO at 1App Technologies.

With close to 150,000 users, 1App serves many happy users. And with Boldd here, many enterprise customers will see happy bank alerts because Boldd is designed to help companies grow. Check it out here useboldd.com  and learn more about Tekedia Capital here.

Be bold on your revenue target with Boldd’s financial tools.

—- Press Release

Introducing Boldd: Revolutionizing Business Management with Cutting-Edge Tools and Integrations

Today marks a significant milestone in the realm of business management as 1app Technologies proudly unveils its latest offering, Boldd. This groundbreaking platform is set to transform the way businesses operate, providing a comprehensive suite of top-notch financial tools and integrations to propel organizations towards unprecedented success.

Designed to cater to the diverse needs of modern enterprises, Boldd revolutionizes the way businesses manage their operations. By seamlessly integrating a wide array of powerful features, this platform empowers entrepreneurs, executives, and managers to expand their businesses, streamline workflows, and achieve unparalleled efficiency.

Boldd boasts an impressive arsenal of cutting-edge financial tools, carefully crafted to address the complex challenges faced by today’s business leaders. From robust payroll management software to sophisticated branch management software and virtual USD cards, this all-encompassing platform ensures that organizations can stay on top of their financial health while making informed, data-driven decisions.

What sets Boldd apart is its seamless integration with other mission-critical business applications. By effortlessly connecting with leading systems, team management tools, and bills payment, businesses can consolidate their operations, eliminating data silos and fostering collaboration across teams. This integration-centric approach enhances productivity, streamlines workflows, and drives efficient cross-functional cooperation.

“We are thrilled to introduce Boldd to the business community,” said Opeyemi Adekunle, CEO at 1app Technologies. “Our platform is a game-changer, providing businesses of all sizes with the tools they need to thrive in today’s competitive landscape. With Boldd, organizations can streamline their processes, gain real-time insights, and unlock their full growth potential.”

To learn more about and its comprehensive suite of financial tools and integrations, visit useboldd.com 

Flutterwave Launches ‘Tuition’, to Help African Students Studying Overseas Pay Their Fees Seamlessly And on Time

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Nigerian fintech company Flutterwave has launched a new product called ‘Tuition’, to help African students studying overseas pay their school fees seamlessly and on time using their local currencies.

Flutterwave via a blog post disclosed that the rollout of Tuition is to solve the myriad of challenges that African payments face when trying to pay for school fees to institutions abroad.

The new service will leverage Flutterwave’s world-class payments technology solutions to enable students, parents, guardians, and sponsors to pay school fees to over 40 institutions in the Uk, with plans to add more institutions in more countries in Africa and beyond.

Currently, the feature supports payments from the following African countries; Cameroon, Ghana, Ivory Coast, Kenya, Nigeria, and South Africa. Flutterwave also plans to add more schools in Africa, the UK, the US, Canada, France, and Germany as it grows access to the product.

Speaking on the launch of ‘Tuition, Flutterwave CEO Olugbenga “GB” Agboola said,

“We are excited to launch Tuition to support the dreams of African students across all levels who want to study anywhere without worrying about how to meet the deadline for their school fees payment. With Tuition, we are providing a safer, reliable, and affordable means for African students to pursue their dreams and seamlessly get financial support from parents, guardians, and sponsors”

Also commenting on the launch, product manager at Flutterwave, Stella Elele said,

“We are always looking for new ways to make payment challenges in Africa hassle-free, and we are confident that Tuition will be a game changer for parents who want to support their children’s education. We are excited to offer this solution to parents in Nigeria, with plans to eventually roll out the service to other African countries. We want to provide the best possible service and support for our customers.”

For Nigerian users only, they can make payments using their debit card, credit card, Google Pay, or by bank transfer, which will be delivered within 48 hours. On its FAQ page, Flutterwave disclosed that it will make use of current market rates to determine the payment rate. The startup will charge a flat fee of 20 GBP for every payment made through Tuition.

The launch of this new product ‘Tuition’ by Flutterwave, no doubt offers a huge sigh of relief to African parents or sponsors who have their wards studying in institutions overseas. Sometimes, they are often faced with delays in payments of their children’s tuition in foreign institutions due to challenges to access forex from banks in good time.

Recall that last year, some Nigerian students who had been accepted at universities in the United Kingdom had their enrolments canceled and had to return home because they were unable to pay their tuition fees on time due to a lingering foreign exchange (forex) crisis in the Nigerian banking system.

The affected students had reportedly requested forex from their banks in Nigeria and asked the banks to remit the money to their universities’ accounts, yet the funds were not processed in time.

With Flutterwave rollout of Tuition, such challenges will cease to exist. The payments giant has continued to eliminate pain points for its customers and potential clients, which has also seen it partner with global payments companies to ensure seamless transfer of funds internationally.

Crypto Scam and Identity Theft Spreading on Threads

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Crypto scams including fake accounts of crypto projects are spreading rapidly on newly created platform Threads. This is a serious threat to the security and reputation of the platform, as well as the users who may fall victim to these fraudulent schemes.

Threads is a decentralized social network that allows users to create and join communities based on their interests and passions. Threads also enables users to earn tokens by contributing to the network and participating in governance. However, this also attracts scammers who want to exploit the enthusiasm and curiosity of new and existing users.

Crypto scams are attempts to deceive people into sending money or personal information to scammers who pretend to be legitimate crypto projects or influencers. They often use social media platforms like Threads to reach a large audience and create a sense of urgency or FOMO (fear of missing out). Some common types of crypto scams are.

One of the most common types of crypto scams in Threads is impersonating official accounts of crypto projects or influencers. These fake accounts often have similar usernames, profile pictures, and bios as the real ones, but they may have subtle differences such as spelling errors, extra characters, or missing verification badges. They may also follow or be followed by other fake accounts to create a false sense of legitimacy.

These fake accounts usually try to lure users into sending them money or personal information by promising rewards, giveaways, airdrops, or exclusive access to new features or products. They may also try to direct users to phishing websites or malicious apps that can steal their credentials or infect their devices with malware.

To avoid falling victim to these crypto scams, users should always verify the identity and reputation of the accounts they interact with on Threads. They should also never share their private keys, passwords, recovery phrases, or any sensitive information with anyone online. They should also be wary of any offers that sound too good to be true, and always do their own research before investing in any project or service.

Threads is a platform that aims to empower users with freedom, privacy, and sovereignty over their online interactions. However, this also comes with responsibility and vigilance. By being aware of the risks and signs of crypto scams, users can protect themselves and their assets, and help maintain the integrity and trust of the crypto community.

Lesson from the STAGE, Obama’s Most Lethal Political Ad Against Romney, as Bigtech Fires Workers

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It is a huge irony –  big tech is breaking profit records, and yet big tech is laying off workers with reckless abandon: “Tech giant Microsoft has confirmed that another round of layoffs has been made, after laying off 10,000 employees in January this year.”

But it should not surprise us when you remember the Stage which was one of the most politically lethal adverts created by Obama against Mitt Romney. In that ad, men built a stage to host a town hall meeting for a new owner, and Romney walked on that stage to fire them. They never forgot how they prepared, worked hard, to build that stage, only to be fired on that stage!

As we make AI better, AI will create job redundancies in many companies even AI opens new vistas of opportunities.  #Prepare and #relearn.

Microsoft Confirms Another Round of Layoffs, After Laying Off 10,000 Employees Earlier This Year

Microsoft Confirms Another Round of Layoffs, After Laying Off 10,000 Employees Earlier This Year

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Tech giant Microsoft has confirmed that another round of layoffs has been made, after laying off 10,000 employees in January this year.

The new round of layoffs is reported to have affected employees in the customer service, support, and sales unit. Reports reveal that 276 people in its home state of Washington were impacted. Of the 276 employees, 66 staff members worked virtually. Many of the affected employees have already taken to their LinkedIn pages to make necessary changes.

Confirming the recent layoff at the company, a spokesperson at Microsoft said, “Organizational and workforce adjustments are necessary and regular part of managing our business. We will continue to prioritize and invest in strategic growth areas for our future and in support of our customers and partners”.

Despite announcing organizational and workforce adjustments as part of the reason for its recent layoff, Microsoft has been doing well in terms of its financial situation so far in 2023.

In its first quarter (Q1) report for 2023, Microsoft beat Wall Street’s estimates for quarterly revenue and profit, driven by growth in its cloud computing and Office productivity software businesses, and the company said artificial intelligence products were stimulating sales.

Microsoft’s growth at its cloud business Azure was 27% in the quarter, beating analyst expectations for 26.6% growth. The company’s revenue rose 7% to $52.9 billion in the quarter ended March, inching past analyst estimates of $51.02 billion.

Analysts had expected a gloomy economic outlook to hit Microsoft’s Windows business, which depends heavily on PC sales that have sagged in recent quarters. The sales drop in the segment was less severe than analysts expected, with Microsoft reporting revenue of $13.3 billion versus analyst estimates of $12.19 billion.

In the past six months, the company has seen its stock price go up by 40.74 percent. Its shares have surged 38% to date.

The bulk of Microsoft sales still come from selling software and cloud computing services to customers. Recall that the company grabbed headlines this year with its partnership with ChatGPT maker OpenAI, after upgrading the Bing search engine with artificial intelligence technology.

Even as Microsoft makes significant cuts, the CEO Satya Nadella said the company will continue to invest in “strategic areas for our future” and pointed to advances in AI as “the next major wave” of computing.

He had earlier informed investors during a conference call that the company has more than 2,500 Azure-OpenAI service customers and said AI was integrated into a wide array of products.

Notably, Morgan Stanley analysts disclosed that Microsoft will ride the generative A.I. wave to a $3 trillion valuation.

He believes that Artificial intelligence-driven gains can propel Microsoft to join Apple in the elite category of stocks with a market capitalization of more than $3 trillion.

The analysts, led by Keith Weiss, named Microsoft their top pick among large-cap software companies and said that it is the best place in the sector to benefit from the growth of AI.