News

Samsung To Launch New Foldable Phones This August

In addition to the two foldable smartphones, Samsung will also probably launch the Galaxy Watch 5, the Galaxy Watch 5 Pro, and the Galaxy Buds 2 Pro.

Published

2 years ago

July 20, 2022

David Morelo

Samsung

Recent leaks have revealed renders of two new foldable smartphones from Samsung, which the South Korean producer of electronic devices will almost certainly launch on August 10th. The leaks come from Evan Blass and 91mobiles, and they show the Samsung Galaxy Z Fold 4 and the Samsung Galaxy Z Flip 4.

The Galaxy Z Fold 4 is showcased in three colors (Black, Blue, and Gold/Cream), and it sports a design that’s very similar to the design of the Galaxy Z Fold 3 we saw last year.

According to rumors that have been floating around the internet for some time now, the Galaxy Z Fold 4 will be slightly lighter than its predecessor and will ship with the Snapdragon 8+ Gen 1 processor and 12 GB of RAM. The device is expected to run Android 12 and be available with up to 1 TB of storage.

The smartphone’s cameras will also be upgraded and feature a 50 MP main sensor, a 12 MP ultrawide sensor, a 10 MP telephoto sensor with 3x optical zoom, a 10 MP front-facing sensor for selfies, and a 16 MP under-display sensor.

The Galaxy Z Flip 4 will also use the mighty Snapdragon 8+ Gen 1 processor, but it will probably be available with only 8 GB of RAM and up to 512 GB of storage.

Also Read: How To Find Remote-Only Tech Jobs In 2023

The upgrade users of the current Galaxy Z Flip 3 look forward to the most is the increase of the smartphone’s battery capacity from 3,300 mAh to 3,800 mAh or possibly even 3,900 mAh. Together with support for 25 W fast charging, it should make it much easier for users to maintain a reasonably high battery percentage.

In addition to the two foldable smartphones, Samsung will also probably launch the Galaxy Watch 5, the Galaxy Watch 5 Pro, and the Galaxy Buds 2 Pro. You’ll be able to watch the livestream on Samsung’s official website on August 10, 2022 (10:00PM KST).

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.