News

WhatsApp Adds New Privacy Feature To Lock Sensitive Chats

The new setting lets users add conversations to biometrically locked folders and hide them from notifications.

Published

1 year ago

May 16, 2023

whatsapp adds new privacy feature to lock sensitive chats

WhatsApp has announced a new feature via its blog called “Chat Lock” that allows users to make their conversations more private. The tool can lock any conversation, placing it in a specialized folder accessible via fingerprint or face scanning biometrics or by entering a regular password. In addition, the new feature also hides references to locked chats from notification feeds.

To lock an existing conversation, users simply need to tap on the title of a person or group chat and select the lock option. When you want to read a locked chat, you’ll need to use your device’s biometric scanner to unlock it, or else enter a password.

WhatsApp notes that the feature is useful for keeping a chat private when “someone else is holding your phone at the exact moment an extra special chat arrives” and advises that the entire app can also be locked using biometric security.

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WhatsApp owners Meta have been upgrading the platform for some time now, in a bid to convince users of the app’s safety as more and more people turn to rivals such as Signal and Telegram. Meta recently upgraded WhatsApp’s verification system to deter hackers and has added additional features, including disappearing messages.

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”.

Also Read: Zoho Expands Qatar Operations & Releases New Survey Data

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.