Turkish Fintech Sipay, dubbed as “Stripe for emerging markets,” has secured a $78 million Series B funding round, resulting in a valuation of $875 million. With plans to expand beyond Turkey, Sipay aims to offer services like remittances, setting itself apart from Stripe. This move signifies a significant growth opportunity for Sipay as it enters new markets with unique offerings.
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Data breach at Tea reportedly contains images and DMs from last week
Last week, the dating safety app Tea faced a significant data breach that reportedly exposed recent personal information, including messages and sensitive content from users. Despite initial claims of no additional data being affected, independent research suggests this is a second leak, raising concerns about user safety as the app gains popularity for sharing dating experiences among women. Want More Context? 🔎
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