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Samsung Galaxy Unpacked Event Will Take Place On August 11

In addition to 2 new foldable smartphones, you can also look forward to the Galaxy Watch 4 and the Galaxy Buds 2.

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samsung galaxy unpacked event will take place on august 11

After several leaks, Samsung has officially confirmed the date and time when its upcoming Galaxy Unpacked event will take place: August 11, 2021 at 10 AM EST.

Besides the confirmation, Samsung has rewarded its fans for their patience by releasing an official trailer that hints at the products that will soon be revealed in their full glory.

“Change is the only constant in the world of innovation. By driving new ideas forward and transforming existing experiences, it redefines the boundaries of what’s possible,” the official press release says. “As the excitement for the upcoming Galaxy Unpacked on August 11 continues to build, Samsung Electronics has released a trailer teasing the surprises that lie in wait for Galaxy fans.”

The products teased by the trailer are the Galaxy Z Fold 3 and the Galaxy Z Flip 3 (check out the complete leaked Galaxy device lineup). Both are foldable smartphones, but each targets different customers.

The Galaxy Z Fold 3 folds along the vertical axis, and it’s expected to boast a huge 7.7-inch interior display and a smaller exterior display, giving users plenty of screen real estate for basic apps and multimedia alike. It could be Samsung’s first smartphone with an under-display camera, and it will certainly be powered by Qualcomm’s top-of-the-line processor.

samsung galaxy z fold 3

As the name suggests, the Galaxy Z Flip 3 folds along the horizontal axis, allowing it to comfortably hide even inside the tiny pockets so many women’s pants come with. Just like its larger relative, it will come with flagship specifications, so playing the latest games or taking beautiful pictures at night shouldn’t be a problem.

samsung galaxy z flip 3

In addition to the two foldable smartphones, you can also look forward to the Galaxy Watch 4 and the Galaxy Buds 2.

samsung galaxy watch 4

How To Watch The Samsung Galaxy Unpacked Event

The Samsung Galaxy Unpacked event will be accessible only to online viewers, and you’ll be able to tune it either directly from Samsung.com or on YouTube.

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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.

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mamo completes $3.4 million funding round to enhance fintech services
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.

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