News

Samsung Could Reveal New Galaxy S23 On February 1st

The tech giant’s Colombian website has inadvertently revealed the date of an upcoming Galaxy Unpacked event.

Published

2 years ago

January 9, 2023

samsung could reveal new galaxy s23 on february 1st

Samsung may have unintentionally confirmed that it will unveil next-generation flagship phones at the beginning of February, according to news from 9to5Google. The company’s Colombian website recently published a page that mentioned a Galaxy Unpacked event scheduled for February 1st, 2023, using the tagline “Epic Moments are Approaching” with the camera setup of the Galaxy S23 Ultra clearly showing.

Although several sources took screenshots of the page, the story is no longer viewable on the Columbian website. The announcement didn’t explicitly mention the upcoming Galaxy S23, but did show the flagship phone’s rumored triple-camera configuration. The teaser page’s color palette is also thought to give a hint towards the Galaxy S23 and Galaxy S23 Ultra’s new colorways of green and lilac.

Previous Unpacked events have also taken place in early February, so this news confirms what we were already pretty certain about. In addition, further rumors suggest that the launch will take place in San Francisco.

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The upcoming smartphones will reportedly ditch Exynos chips in favor of Qualcomm’s Snapdragon 8 Gen 2 SoC for all worldwide markets. The Korean tech giant typically equips USA, Asian and European models with different processors, so the new models will represent something of a departure.

Finally, one of the most hotly anticipated features of the new handsets are their upgraded cameras: The flagship Galaxy S23 will likely feature a huge 200-megapixel main camera, while the base models will still come with a 50-megapixel primary shooter.

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.