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TP-Link Unveils New Router Range Featuring Wi-Fi 7
The company’s latest generation of routers include the $700 Archer BE900 quad-band router and an upcoming gaming model known as the GE800.
Despite most of us not having purchased our first Wi-Fi 6-enabled device, TP-Link has jumped the gun and released a range of Wi-Fi 7 routers based on the upcoming IEEE specification. The company is currently revamping its entire product line, including its flagship Archer router models, the Deco home mesh network devices, and its business-focused offerings.
Wi-Fi 7 offers faster speeds and reduced latency compared to previous iterations and allows devices to connect to two spectrums simultaneously (5Ghz and 6Ghz) using Multi-Link Operation (MLO). Like past generations, Wi-Fi 7 devices will be able to connect to older versions of the technology, but to enjoy the fastest speeds, you’ll need the same Wi-Fi 7 spec at each end.
Archer BE900
The first of the new TP-Link devices is the quad-band Archer BE900, which features a touchscreen that can show the time, weather, wireless stats, and emojis. OpenVPN is supported and a private IoT network for smart devices, with speeds of up to 24Gbps achievable — double that of the outgoing models.
As for connectivity, the BE900 offers an SFP+Fiber WAN option and an additional 10Gb WAN port, as well as four 2.5G ethernet ports. TP-Link says the BE900 “will be available for preorder starting December 31st and will ship in the first quarter of 2023, priced at $699.”
BE800 & BE550
Moving down the range, we find the new tri-band BE800 model, which can achieve 19Gbps wireless speeds and supports 10Gb internet services. The model retains the Archer BE900’s LED lights but ditches the touchscreen. Below that model sits the BE550, which features speeds of 9.3Gbps with 2.5Gbps ethernet ports. According to TP-Link, “Both these models are EasyMesh-capable and ready to create a wider-reaching home network.”
GE800
Gamers will likely be most interested in the tri-band Archer GE800 Gaming router, which features an app-powered Game Panel that can prioritize gaming traffic above other network data, and a dual-tower antenna design. The model supports 19Gbps Wi-Fi 7 speeds, with two 10Gb ethernet ports, two 2.5Gb ports, plus four gigabit ports. Pricing hasn’t yet been announced, but the router is expected to land in either Q1 or Q2 2023.
Deco BE95, BE85 & BE65
The new Deco range of home mesh routers has also been announced by TP-Link, with speeds ranging from 33Gbps to 11Gbps, and prices climbing all the way to $1,199.99 for the top model. The devices will be released sometime in Q1 or Q2 of 2023, with the company claiming that they will enable enthusiasts to create “the industry’s fastest mesh system.”
TP-Link has pulled out all the stops with this upcoming Wi-Fi 7 line of devices, even updating the tech in its new enterprise-based Omada access points and cellular 5G routers. If you’re an enthusiastic early adopter, you’ll only need to wait until early 2023 to experience a taste of the fastest Wi-Fi speeds out there.
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.
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.
Paymob Extends Series B Funding To $72M Amid Continued Growth
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