News

WhatsApp Decides Not To Limit Users Who Don’t Accept Its New Privacy Policy

It seems that the backlash has been strong enough to make executives at Facebook reconsider their decisions because the latest announcement from the company contradicts the previous one.

Published

3 years ago

June 4, 2021

Joanna Melki

whatsapp decides not to limit users who don't accept its new privacy policy

This year in February, Facebook-owned WhatsApp stated in an FAQ on its website that users who didn’t accept its new privacy policy by May 15^th would lose access to certain features, such as the ability to send or read messages from the app.

The announcement sparked a wave of protests on Facebook, Twitter, and other social media platforms, with some users threatening to leave the messaging and voice-over-IP service app for more privacy-oriented alternatives, such as Signal, Telegram, or Threema.

It seems that the backlash has been strong enough to make executives at Facebook reconsider their decisions because the latest announcement from the company contradicts the previous one.

“Given recent discussions with various authorities and privacy experts, we want to make clear that we will not limit the functionality of how WhatsApp works for those who have not yet accepted the update,” said a WhatsApp spokesperson in a statement to The Verge.

WhatsApp

One reason why the new policy caused so much outrage was that many WhatsApp users believed that they would be required to share their phone numbers and other sensitive information with various third parties.

In reality, the policy update affects mainly businesses using the platform to sell their goods and services using the messaging app, allowing them to see what you’re saying and use this information for their own marketing purposes.

“We will continue to remind users from time to time and let them accept the update, including when they choose to use relevant optional features like communicating with a business that is receiving support from Facebook,” the WhatsApp spokesperson added.

The entire rollout of the policy update has been mishandled, to say the least, with WhatsApp seemingly not fully realizing how much more security and privacy-oriented have its users become since the messaging app started sharing user data with Facebook in 2016.

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.