Tag: Entrepreneurs

The UK helps entrepreneurs develop innovative financial solutions in Mexico

September 1, 2022/in Internet Security

In Mexico, important gaps in financial inclusion mean only 68% of adults use at least one financial product, even though internet access is at 75.6%. The UK’s Financial Services Programme sponsored the Sandbox Challenge (SC), which helped increase financial inclusion in Mexico. It did this by helping Fintech entrepreneurs develop their offerings of digital and innovative financial solutions. The second edition of the SC initiative attracted 200 participants from the United States, Taiwan, Peru, Colombia and Ecuador.

To help SC winners develop their business models, they obtained bespoke support covering legal advice, business-consulting mentoring, financial modelling, cyber security advisory, and programming services, among others.

MoneyWays, a Venezuelan firm, provides a digital alternative to the high costs associated with cross-border fund transfers, which disproportionately affect migrant workers sending money to their families back home. MoneyWays solution consists of a platform providing money transfers, remittances, prepaid cards services, and payments through a real-time wallet system. According to MoneyWays, the support they received allowed them to accelerate the development of their services and have a presence in the Mexican market, which, in turn, helped them reduce the financial burden on remittance beneficiaries.

Plataforma 9.9% devised an innovative solution to help women and informal workers access home ownership through a collective, circular form of financing. Plataforma 9.9% recognised that participating in the Financial Services Programme gave them an opportunity to build their methodology whilst at the same accessing professional advice that guided them in structuring their services to comply with official regulations.
Sagrario Gutiérrez, member of Plataforma 9.9%, shared:

We were provided with skills, tools, guidance, structure, transparency and certainty; it has been an outstanding experience to help build our solution.

Escrivan helps consumers regularise their real estate assets, which is critical given that over 50% of homeowners in Mexico currently have “irregular” property status. By resolving this issue, more consumers are able to…

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Everyone Will Want to Charge Their Vehicles Fast, These Entrepreneurs Bet | by Steve LeVine | Jun, 2021

June 4, 2021/in Internet Security

The trick will be keeping all the innards cool

A new fast-charging station at JFK Airport in New York. Photo: Spencer Platt/Getty

Some time, years in the future, our transportation mindsets may change — we may forget all about what we now regard as the convenient corner gasoline station, and the reliably quick fill-up while rushing to an appointment or dropping off the kids. Instead, most of us will have new muscle memory and simply plug in our electric vehicle as soon as we get home, so it’s all charged up in the morning. If we happen to occasionally need added juice — say, for the random time we are on a long holiday — charging stations will be concentrated at intervals on highways. Otherwise, we are now watching the twilight of the gas station.

Or so assert lots of first-movers who over the last six months have written to tell me how wrong, wrong, wrong I am to argue that we will need nearly ubiquitous fast-charging stations before mainstream American motorists will relax and look seriously at buying an EV. They say they charge up at home, have left bad memories of smelly gas stations behind them, and that so will everyone else.

Lest I be accused of secretly hording buggy whips, I agree that behavior changes, and that it very well might in how we plan — or don’t — our future routine travel. But, to the degree it happens, multiple legacy automakers like Volkswagen and GM have decided that it won’t be before the middle of the decade, when sticker prices are set to drop, and they hope droves of mainstream buyers start to snap up their new EV offerings. So some of the automakers have put out requests to the research community to develop batteries that can be charged up in no more than 30 minutes.

Quincy Lee, CEO of a Seattle-based startup called Electric Era, comes from the ubiquitous-fast-charge-is-a-prerequisite school of EV futurism. Lee says his company has developed a cooling mechanism that handles the biggest problem in EV fast charging — overheating of the battery. When electrons are shoved into a battery at great speed, they cause extreme stress on the materials inside. At this stage of battery technology, if you fast charge your EV as a routine, you are more…

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Shlomo Kramer: a security investor looking for smart entrepreneurs to disrupt markets

July 14, 2016/in Mobile Security

Recently, endpoint-protection startup LightCyber announced a second round of funding – $ 20 million – including an investment from an individual investor with an impressive track record backing successful security startups: Shlomo Kramer.

Kramer, who is Israeli, has a long-term relationship with the company’s CEO Gonen Fink, who worked with him for years at Check Point Software where Kramer was one of the founders.

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Network World Tim Greene

Entrepreneurs Plan To Legalize and Monetize Illegal Music (Enigmax/TorrentFreak)

September 13, 2011/in Internet Security

Enigmax / TorrentFreak:
Entrepreneurs Plan To Legalize and Monetize Illegal Music — What if someone came up with a revolutionary new product to turn piracy into profit that didn’t hurt consumers and actually embraced pirates? What if that system thrived on the very existence of illicit music being made available from torrent, cyberlocker and other sites?

Tag Archive for: Entrepreneurs

The trick will be keeping all the innards cool