CutStruct Technology Raises $600k for B2B Procurement Solution, LiveVend - THISDAY Newspapers

2 years ago 36

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CutStruct Technology, a level that digitises the operation process for efficiency, has raised $600,000 ina pre-seed backing led by Zedcrest Capital, DFS Labs, Lofty Inc and Kola Aina of Ventures Platform to physique its premier product, LiveVend.
LiveVend is simply a operation procurement level that allows buyers (real property developers, contractors, etc.) to prosecute vetted vendors connected a elemental and transparent level portion enjoying different services specified arsenic transportation, goods-in-transit security and commercialized recognition which is offered by Sterling Banks’ buy-now, pay-later merchandise – Specta for Business.
According to 2 second-time founders, John Oamen and Tayo Odunsi, LiveVend, the company’s flagship product, has onboarded implicit 100 vendors and large operation materials manufacturers.

In a statement, the Chief Executive Officer (CEO) CutStruct, John Oamen, described the level arsenic rather simple.
“We link operation vendors to buyers. All the analyzable enactment takes spot successful the background,” stated Oamen. “The vendor vetting, sorting retired the due coordination, ensuring the goods are insured, guaranteeing fulfilment, and securing financing – these are the analyzable things we bash successful the inheritance portion our users prosecute with a elemental platform.”
On his part, the Chief Strategy Officer, Tayo Odunsi, explained that the level is escaped for buyers. They tin besides entree play pricing information of large gathering materials crossed large locations successful the company’s beachhead market, Nigeria. 
To make the LiveVend solution, CutStruct partnered with solution providers, which see Axa Mansard for insurance, Sterling Bank for operation materials financing, Apel Trustees for escrow service, VerifyMe for vendor verification and Greychapel Legal for each ineligible and woody structuring.

Meta Announces Layoffs of 11,000 Staff
Facebook genitor Meta precocious announced that it would chopped much than 11,000 workers, oregon 13 per cent of staff.
This came astatine a clip erstwhile tech giants that added employees by the tens of thousands done the pandemic are present retrenching.
In a statement, Chief Executive Officer, Mark Zuckerberg apologised to employees and also admitted that helium had underestimated however overmuch gross would plunge owed to accrued contention and the slumping digital-ad market.
Meta’s layoffs followed akin cuts astatine Twitter, Lyft and different tech firms. Meta’s banal has plunged much than 70 per cent this twelvemonth arsenic its troubled, costly displacement toward metaverse exertion rattles investors.
“I privation to instrumentality accountability for these decisions and for however we got here. I cognize this is pugnacious for everyone, and I americium particularly atrocious to those impacted,” said Zuckerberg.
The layoffs volition interaction employees successful each organisation nether Meta’s wings, specified arsenic Instagram, WhatsApp, and Facebook, arsenic good arsenic its virtual world and augmented world limb Reality Labs.
The meta main says layoffs are a “last resort.” Several different measures are besides successful the works, including scaling backmost budgets, reducing benefits, shrinking its existent property footprint, and making the AI infrastructure much efficient.

Bloc Partners SMEDAN to Provide Fintech Services to SMEs
Bloc, a finTech infrastructure company, has partnered with the Small & Medium Enterprises Development Agency of Nigeria (SMEDAN) to supply fintech services to SMEs successful Nigeria.
Following our concern with SMEDAN, we look guardant to onboarding SMEs and introducing them to the bonzer possibilities they tin execute with FinTech. Bloc volition supply casual entree to fiscal services — integer banking, measure payment, lending, loyalty cards management, societal commerce, POS issuance, and truthful overmuch much — for SMEs who privation to usage fintech to unlock much worth for themselves and their customers, said Bloc successful a statement.
On their part, the Director-General, SMEDAN, done the firm affairs department, explained they were assured the concern with Bloc and the developed level would payment the SMEs who collaborate with them by simplifying entree to fiscal services and FinTech infrastructure provided via Bloc.
“With implicit 4,000,000 businesses registered connected our database, our occurrence arsenic an bureau is measured by however overmuch we tin bash for them, and we judge we person reaffirmed our committedness to innovation via our concern with Bloc,” it said.
The Chief Business Development Officer, Bloc, Kingsley Ikart, explained that “as an infrastructure company, we judge that this concern besides provides a caller introduction constituent for start-ups that collaborate with america to widen their merchandise offerings and services to SMEs who whitethorn not cognize that they exist.” 
Ikart added, “This is simply a win-win for us, our customers and SMEDAN; tiny and mean businesses tin present leverage the powerfulness of FinTech infrastructure, products, and services to amended however they bash concern and connection the champion lawsuit experience.”

Telegram Releases New Feature Allowing Subscribers to Sell Usernames
Instant messaging app Telegram has launched a caller diagnostic to let users to bargain and merchantability short, recognisable usernames for idiosyncratic accounts, nationalist groups, and channels.
The caller update announced connected Telegram’s authoritative leafage commenced an auction for the champion usernames connected Fragment, a escaped collectible trading platform. With this caller feature, Telegram usernames person go integer assets that tin beryllium secured and sold betwixt parties. 
According to the platform’s unveiling note, ownership of the collectible usernames is secured successful the immutable ledger of TON, a accelerated and scalable blockchain network. Interestingly, the caller diagnostic allows owners to adhd aggregate username aliases to their accounts, group, oregon channel.
Telegram’s caller update marks a milestone successful Web3 adoption, and users tin present unafraid their usernames with blockchain.
To get usernames connected Telegram, buyers are to sojourn Fragment, hunt for their desired username and click connected auction, provided the username is inactive available. Buyers volition past beryllium redirected to a leafage which shows the highest bid on with the bid measurement and minimum bid.
You tin acquisition a collectible username by exchanging it with a peculiar currency called Toncoin – the magnitude you request volition beryllium connected the existent highest bid, conscionable similar immoderate different auction. 
To usage this currency, you indispensable archetypal make a unafraid wallet to store it, deposit caller funds, and link it to Fragment. 

Google Launches Tool to Help People Prepare for Interviews
Google has launched Interview Warmup, a caller instrumentality that uses artificial quality to assistance users signifier answering occupation interrogation questions successful assorted fields.
Part of the Grow with Google and Career Certification initiatives, it asks communal interrogation questions and transcribes answers successful existent time.
Originally intended to assistance Google Career Certificate learners hole for occupation searching, Interview Warmup is present unfastened to anyone.
Using voice-to-text oregon the keyboard, users tin practise answering questions commonly asked successful interviews and job-specific ones picked by an adept successful that field.
Interview Warmup has field-focused questions for accusation analytics, e-commerce, IT help, undertaking administration, UX plan oregon basic.
Google does not prevention audio oregon the transcripts from interrogation sessions, though users tin manually transcript oregon download a transcript upon completion. This diagnostic is presently lone disposable successful the United States.
Since Interview Warmup was designed for Google Career Certificates learners, you whitethorn tally into circumstantial questions for each certificate. However, the instrumentality is disposable for everyone and has predominant questions applicable to galore fields.
More than 70,000 radical person earned a certificate, and 75 per cent of graduates study affirmative vocation impacts wrong six months of graduating, Google says.

Tech Personality of The Week

Adora Nwodo

This week’s tech property is Adora Nwodo.
Nwodo is simply a bundle technologist astatine Microsoft presently gathering Mixed Reality connected the Cloud. She is besides a published author, nationalist speaker, and tech contented creator.
In 2018, she started adorahack.com, wherever she shares articles connected bundle engineering, productivity, and vocation growth. The adjacent year, she created a YouTube transmission called AdoraHack, wherever she shares tech contented that could beryllium utile to bundle developers.
Adora is the cofounder of unstack, an unfastened source-based league for tech talents successful Africa and astir the world, wherever she focuses connected hands-on workshops and world-class talks that empower radical to learn. She serves arsenic the Vice President of the Nigerian section of the Virtual Reality/Augmented Reality Association (VRARA), wherever she works alongside others to make much consciousness for Virtual and Augmented Reality Technologies.
In February 2021, Adora won the Young CISO Network Excellence successful Disruptive Technology, Cloud and Embedded Device Security Award for her enactment successful gathering and advocating for Disruptive Technology connected the Cloud.
In October 2021, she released her archetypal book, ‘Cloud Engineering for Beginners’, which introduces radical to the conception of unreality computing, viable vocation paths successful unreality engineering and however to navigate a unreality engineering career.

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