It’s estimated that between 1 and 2 percent of the general population experience panic attacks from time to time. Unfortunately, the outbreak of the coronavirus pandemic has given us all a new source of anxiety, and the light at the end of the tunnel still seems far away. Some mental health experts even worry that the current pandemic could be followed by a mental health pandemic of yet unknown proportions.
The good news is that there are people like biomedical engineering Adi Wallach and her mother, Dr. Orna Levin, who understand that mental health issues can be just as debilitating as physical ones and are determined to do something about them.
After years of struggle with Wallach’s panic attacks, the mother-daughter duo decided to combine their expertise and use technology to help people around the world live their lives without panic attacks. Through their Israel-based company, Dendro Technologies, they released a product called CalmiGo, which looks like an asthma pump but functions completely differently.
“The idea came about as a result of my own personal struggles with anxiety attacks,” said Wallach. “Out of this unfortunate situation, CalmiGo was conceived. I was searching for something, anything, that I could take with me that would help me get through these moments of distress. When I was unable to find an adequate solution, I decided to create a device which people could take with them everywhere they go, one that would help them stop moments of anxiousness and distress regardless of age, location, or technical abilities.”
CalmiGo is essentially a smart deep breathing companion whose purpose is to calm your breathing in stressful situations to prevent the onset of a panic attack. To accelerate and deepen the relaxation, the device features a scented element (lavender, peppermint, or bergamot) as well as an optional function that vibrates the device to provide multi-sensory stimulation.
CalmiGo is compact enough to carry in a small pocket, and studies have shown that just a few minutes each day with the device can significantly reduce common symptoms of anxiety and stress. You can order CalmiGo right now on its official website by or via Amazon.
Stripe Enters The Middle East With Its UAE Launch
Stripe will initially only be available to UAE businesses, allowing them to accept online payments, make payouts, mitigate fraud, and attract customers from around the world.
Stripe, a provider of online payment processing for internet business, has finally expanded to the Middle East with its official launch in the United Arab Emirates. The Irish-American company also opened an office in Dubai Internet City, allowing it to be closer to its new customer base.
At first, Stripe will only be available to UAE businesses, allowing them to accept online payments, make payouts, mitigate fraud, and attract customers from around the world.
“The UAE is a thriving hub for technology, supported by strong investor appetite, internet-savvy consumers, and an open, innovative ecosystem of business leaders and entrepreneurs,” said Matt Henderson, EMEA Business Lead at Stripe. “Our launch today also means we can now connect our global user base to the Gulf, enabling them to seamlessly expand their operations in the region.”
Stripe’s entry into the Middle East market comes just weeks after its latest round of funding, which has resulted in the company’s value jumping up to $95 billion and making it one of the most valuable fintech companies in the world.
The UAE is the perfect entry point for the online payment processing provider because the total value of digital payment transactions in the gulf country has doubled in the last two years alone, reaching $18.5 billion in 2020. If the UAE remains on the current growth trajectory, its e-commerce sector is expected to add nearly another $10 billion over the next two years.
Another factor that makes the UAE such an ideal expansion point is the fact that accepting online payments in the country has historically been incredibly challenging. Stripe provides a straightforward setup process and developer-friendly APIs, making it easy for companies of all sizes to improve their online presence.
Last year, Stripe launched in the Czech Republic, Hungary, Romania, Bulgaria, Cyprus, and Malta. The company also expanded into Africa via Nigeria technology startup Paystack. In total, Stripe currently processes hundreds of billions of dollars each year.