Alphabet’s $3T Surge, Startup Funding Wave, Healthtech Shake-Up, Next-Gen Chips, Fintech Growth

1. Alphabet Achieves $3 Trillion Market Capitalization

Alphabet, the parent company of Google, broke records by reaching a $3 trillion market value faster than any other technology company. Analysts attribute this success to consistent revenue growth and bold investments in emerging technologies.

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2. Nothing Raises $200 Million for Consumer Electronics Expansion

London-based electronics manufacturer Nothing recently secured $200 million in Series C funding. This investment will support the development of new smartphone features and next-generation consumer devices. Industry observers note that the funding round attracted major venture capital firms.

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3. PharmEasy Clears Loan After Major Valuation Cut

Indian healthtech startup PharmEasy has announced the clearance of a significant loan from Goldman Sachs following a recent valuation reduction of nearly 90 percent. This development reflects the continuing changes and challenges in India’s digital health sector.

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4. MediaTek to Launch 2nm Smartphone Chip

Semiconductor company MediaTek revealed plans to launch its Dimensity 9500 chipset, built using an advanced 2-nanometer manufacturing process. The announcement signals upcoming innovation in smartphone performance and battery efficiency.

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5. Pelocal Raises $5 Million for Fintech Expansion

Fintech platform Pelocal has completed a $5 million Series A funding round, aiming to boost its digital payments infrastructure. The company intends to use the new capital for technology upgrades and market expansion.

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AI-Powered Fintech Alaan Raises $48M in MENA Series A

Dubai-based fintech Alaan has closed a $48million Series A round, one of the largest in the Middle East and North Africa. Focused on leveraging AI for smarter corporate expense management, Alaan plans to use the funds on product innovation and regional expansion. This robust investment highlights sustained appetite for AI-powered fintech solutions and the growing significance of the MENA market in the global tech scene.

Read more: TechCrunch

PayPal World Aims to Simplify Global Payments with UPI, WeChat & More

PayPal just revealed PayPal World, a global payment platform that lets users pay internationally using their local wallets—think UPI in India or WeChat Pay in China. Partnering with fintech giants like NPCI, Tencent, and Mercado Pago, this move could finally untangle the messy world of cross-border payments. Even non-PayPal users can receive money. Imagine sending UPI to a U.S. store or paying in China via PayPal—it’s that seamless. With 2 billion users in sight, this could be a game changer. Honestly, it’s about time someone made global payments feel local.

Credit: TechCrunch