News

Ring Upgrades Home Security With New Ring Protect Plus Features

The latest update allows users to access exclusive new features such as Multi-Cam Live View and Priority Alerts.

Published

5 months ago

April 30, 2024

Nour Nasir

Ring

Home security expert Ring has revealed five new features for its Ring Protect Plus subscription:

Live View
Picture-in-Picture
Multi-Cam Live View
Snapshot Capture Plus
Priority Alerts
Event Summary

The update should help users boost security and get more value out of their doorbell or camera systems, along with extra peace of mind.

The new video tools, such as Live View Picture-in-Picture, Multi-Cam Live View, and Snapshot Capture Plus, offer insights into activating, viewing, deleting, and downloading snapshots and allow adjustments to snapshot frequency.

Meanwhile, the Enhanced Notifications feature allows users to customize notifications and keep up with what’s happening at home. In addition, a Priority Alerts tool enables alerts when a mobile device is in Do Not Disturb mode and can override settings like Alerts Snooze and Motion Schedules. Finally, the Event Summary feature offers a daily digest of all events and recordings.

“We have always focused on home security solutions that are flexible to work in any space,” said Mohammad Meraj Hoda, Ring’s Vice President of Emerging Markets. “We are seeing more households turn to Ring for the peace of mind that comes from knowing their homes are secure. We’re giving our customers tools they need to build a home security system exactly the way they need it”.

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Ring Protect Plus covers unlimited Ring Video Doorbells and Cameras for a single location. However, the company also offers a Basic plan covering a single Ring Video Doorbell or Security Camera at one location. With both Basic and Plus plans, users can save, share, and download clips of any detected events for up to 180 days.

The company is currently offering a free 30-day free trial to its Ring Protect service with any Ring Video Doorbell or Security Camera purchase. The Ring Protect Plus subscription can be purchased later for $10/month or $100/year.

News

Paymob Extends Series B Funding To $72M Amid Continued Growth

The financial services provider has secured an extra $22 million after strong performance in its core market of Egypt.

Published

23 hours ago

September 12, 2024

Nour Nasir

paymob extends series b funding to $72 million amid continued growth

Leading financial services provider Paymob has secured an additional $22 million in a funding extension, bringing its Series B total to $72 million.

The funding was spearheaded by EBRD Venture Capital, with support from Endeavor Catalyst. Existing backers such as PayPal Ventures, BII, FMO, A15, Nclude, and Helios Digital Ventures also participated, reaffirming their confidence in Paymob’s business model and potential in the regional fintech industry.

This extension comes on the back of Paymob’s strong performance in its core market of Egypt, where it has experienced 6x revenue growth since the initial Series B in Q2 2022. With the Series B extension and continued profitability in Egypt, Paymob is well-positioned to further its expansion strategy across the MENA region.

Islam Shawky, Co-founder and CEO of Paymob, commented: “We are very excited by our strong prospects in Egypt – where we hold a market-leading position – and the significant traction experienced in the UAE since launching operations there. This funding will help Paymob fully capitalize on the momentum in our established markets, as we accelerate our GCC roll-out. We remain committed to creating cutting-edge infrastructure enabling SMEs across the region to thrive in the digital economy and are proud of our continued impact”.

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The expansion into GCC markets has been driven by Paymob’s initial Series B funding of $50 million, raised in 2022 and led by Kora Capital, PayPal Ventures, and Clay Point. The investment fueled Paymob’s growth, allowing it to launch its mobile app in 2023 and grow its merchant base by 3.5 times, now serving nearly 350,000 merchants across MENA.

Paymob has also expanded its payment acceptance suite to offer 50 payment methods through its gateway, POS terminals, and the Paymob app, providing the region’s most comprehensive fintech solution. The company recently introduced embedded checkout services for Shopify and WooCommerce, further demonstrating its commitment to empowering small and medium businesses across the region.