Hi, welcome to Tech This Evening, an After-Work Tech Newsletter from Techparley Africa. Sure, there is a lot to unpack right now. Sit back, while I walk you through.
Top Story: PayAngel Partners Visa to Scale International Transfer and Cross-Border Payments Across Africa and Asia
PayAngel, a cross-border payments platform serving migrant communities and businesses across multiple markets, has expanded its collaboration with Visa in a move aimed at strengthening its international payment infrastructure and improving money movement across Africa and Asia.
The partnership will see PayAngel leverage Currencycloud, a Visa Direct solution, to enhance its multicurrency account capabilities and international payout services, enabling faster and more efficient cross-border transactions for individuals and businesses.
The development comes at a time when global remittance flows continue to play a critical role in supporting households, businesses, and communities across emerging markets.
“Access to dependable, well governed payment rails is essential to supporting globally connected communities. This collaboration strengthens the infrastructure behind our platform, helping us deliver faster and more efficient cross border payments while staying focused on the human connections those payments represent,” said Jones Amegbor, CEO, PayAngel.
Other Tech News Stories You Should Read:
Business Corner: How to start a profitable e-commerce business in Africa’s growing digital market. Read now.
Misti AI Raises £250,000 to Transform Industrial Cameras Into AI-Powered Sensors. Read now.
Nectar Social Raises $30 Million to Build AI ‘Operating System’ for Marketing Teams. Read now.
On Startup Spotlight:
Inside NVIDIA’s Vera Rubin Platform Driving the Next Wave of AI Computing and AI Data Centre Expansion
NVIDIA has announced that its next-generation Vera Rubin platform has entered full-scale production, marking a milestone in the global race to build the infrastructure powering the emerging era of agentic artificial intelligence.
The platform, which NVIDIA describes as its most advanced AI factory architecture to date, is designed to support large-scale AI systems capable of reasoning, planning, retrieving information and executing complex tasks autonomously.
The company says Vera Rubin delivers up to ten times the agent-processing performance of its previous-generation Grace Blackwell platform, positioning it as a key building block for future AI factories.
“Agentic AI is a new kind of workload. One prompt can launch a thousand-step journey of reasoning, retrieval, tool use and response generation. Vera Rubin was built for this moment — an AI factory engine that delivers intelligence at scale, with the performance, efficiency and security needed to power the next industrial revolution,” said Jensen Huang, founder and CEO, NVIDIA.
Quadri Adejumo brings you all the details. Read here.
Also Read:
Saudi HealthTech, Aumet, Bags $12M to Reinvent Healthcare Supply Chains with AI Across Markets. Yakub Abdulrasheed brings us the details, here.
Quote of the Day:
“Any sufficiently advanced technology is equivalent to magic.” – Arthur C. Clarke.
Thank you for joining me yet again this evening. Stay safe, and see you tomorrow for the next tech newsletter.
Best, Quadri
