News

Deezer’s Shaker Connects Friends Across Music Apps

The new feature lets users share music with up to 14 people, even if they don’t use the same streaming platform.

Published

9 months ago

November 14, 2023

Nour Nasir

Deezer

Amongst a flurry of updates, improvements, and a recent rebrand, music streaming service Deezer has now announced Shaker. The new feature lets users “access the perfect music mix for any moment with friends, family, co-workers, or anyone you want to spend time with”.

The concept is simple: With a few screen taps or mouse clicks, a mix is generated that blends together a group of friends’ favorite music and includes fun insights into the musical compatibility and guilty pleasures of group members.

Aside from the intuitive interface, the clever thing about Shaker is that it allows users to connect with up to 14 friends using a simple invite link — even if they use a different platform like Spotify and don’t want to download the Deezer app. The Shaker algorithm then starts work by generating a mix of 70 songs tailored to the group’s unique preferences. If they’re unhappy with the selection, they can easily refresh a mix or curate a playlist from scratch.

Also Read: Best Music Streaming Services In The Middle East

“Shaker is designed to create a feeling of connection, encourage people to experience music more freely, erase the boundaries between friends, and create a space where you can discover new songs to fall in love with,“ explained Alexandra Leloup, VP Product at Deezer, “To achieve this, it was key to not only include tailored playlists based on the musical tastes of users and their friends but to make sure everyone can join in no matter which streaming platform they use”.

Shaker aims to help users say goodbye to hours spent curating playlists for their parties, road trips, and sports sessions, creating the perfect fusion of music tastes to connect friends like never before.

News

Mamo Completes $3.4M Funding Round To Enhance Fintech Services

The startup will use the influx of cash to expand into Saudi Arabia and across the wider GCC while improving its product offering.

Published

1 day ago

July 25, 2024

Nour Nasir

Mamo

UAE-based fintech Mamo has announced the completion of a $3.4 million funding round that will help the startup extend its market presence and improve its product offering. Investors included 4DX Ventures, the Dubai Future District Fund and Cyfr Capital.

Mamo’s platform offers “payment collection, corporate cards and expense management” to help small and medium-sized businesses consolidate and streamline their operations. With the latest influx of capital, Mamo will further develop its comprehensive suite of services and begin testing its product lines in Saudi Arabia, further extending its footprint across the GCC.

Imad Gharazeddine, co-founder and CEO of Mamo, stated: “We’ve been in the market for a while now and are incredibly proud of what our team has achieved. The holistic and expansive nature of our product offering has helped us continue to grow sustainably. This additional funding will allow us to reach our medium-term goals even faster. The support from new and existing investors is a testament to our strong expertise and the ability to deliver on our customer promise”.

Daniel Marlo, General Partner of lead investor 4DX Ventures, added: “We have immense trust in Imad’s vision, leadership and Mamo’s innovative approach to provide a user-friendly and comprehensive financial solution for SMEs that makes financial management more accessible and efficient. We are proud to partner with them and support their mission”.

Also Read: A Guide To Digital Payment Methods In The Middle East

Amer Fatayer, Managing Director of Dubai Future District Fund’s investment team, also commented: “Mamo’s localized product lines serve as an infrastructure for SME payments and spend management in UAE, a segment that is underserved by the country’s current banking infrastructure. The team has taken a product-first approach to consolidating SMEs’ financial journeys and building a fintech solution deeply embedded in a business’s core operations”.

To date, Mamo has raised around $13 million in investment funding and now boasts a team of 30 people. The company’s intuitive financial services platform has allowed over 1,000 businesses to consolidate their financial operations and significantly reduce payment fees.