Author: David Roberts

London-based Mimo, a FinTech platform simplifying global payments, cash flow, and financial management for SMBs and accountants, has raised €7.7 million of new investment to build out its B2B payments solution and expand its headcount. The funding round was led by Project A with previous investors Northzone and Seedcamp returning to participate. Mimo has also arranged an embedded funding partnership with Froda, an SMB financing provider, enabling Mimo to provide UK SMEs with €114 million+ in flexible working capital solutions over the coming years, with potential for pan-European scalability. Henrik Grim, Co-founder and CEO of Mimo, comments: “At Mimo, we’ve…

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Arabian Post – In a historic shift, the White House has confirmed that U.S. officials are engaging in direct talks with Hamas, aiming to secure the release of American hostages held in Gaza. This development marks a departure from the longstanding U.S. policy of avoiding direct negotiations with the group designated as a terrorist organization since 1997. White House Press Secretary Karoline Leavitt acknowledged these discussions, stating, “These are ongoing talks and discussions; I’m not going to detail them here, as there are American lives at stake.” The negotiations, facilitated by Qatari and Egyptian intermediaries, have taken place in Doha…

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