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Archivo del Autor: Belen De Leon

Do Thundershirts Really Calm Dogs During Fireworks

The anxiety vests were inspired by research into humans with severe anxiety or autism, but the veterinary science isn’t quite up to par.
Source: Wired

10 Scathing Political Satires to Stream This Independence Day

Let your film-lover flag fly.
Source: Wired

Motorola Moto G6 review: A budget phone shouldn't be this good – CNET

Dual-rear cameras, a Gorilla Glass 3 body and a 1080p HD screen with an 18:9 ratio. Not too shabby for $250.
Source: CNET

Here's how to keep your dog calm during 4th of July fireworks – CNET

You might love fireworks, but your dog probably doesn’t. Keep them happy with these two easy methods.
Source: CNET

AR app lets kids with cancer escape into an imaginary world video – CNET

A new app from the Pediatric Brain Tumor Foundation aims to help patients cope with anxiety.
Source: CNET

OnePlus 6 shines in sleek and satiny red – CNET

We got our hands on the super-glossy OnePlus 6 in its new crimson color.
Source: CNET

I spent a day as a Martian astronaut. It wasn't easy – CNET

From CNET Magazine: Would-be astronauts live through months of isolation, monotony and cramped quarters as they prepare for life on the red planet.
Source: CNET

Airwallex raises $80M for its international payment service for businesses

Airwallex, a three-year-old fintech startup focused on international payments for SMEs and businesses, is putting itself on the map after it raised an $80 million Series B round.

Based of out of Melbourne, but with six offices in Asia and other parts of the world, Airwallex’s new funding round is the second largest financing deal for an Australian startup in history. The round was led by existing investors Tencent, the $500 billion Chinese internet giant, and Sequoia China. Other participants included China’s Hillhouse, Horizons Ventures — the fund from Hong Kong’s richest man Li Ka-Shing — Indonesia-based Central Capital Ventura (BCA) and Australia’s Square Peg, a firm from Paul Bassat who took recruitment firm Seek to IPO and is one of Australia’s highest-profile founders.

The financing takes Airwallex to $102 million raised. Tencent led a $13 million Series A in May 2017, while Square Peg added $6 million more via a Series A+ in December. Mastercard is also a backer; the finance giant uses Airwallex to handle its “Send” product while Tencent uses the service to power an overseas remittance service for its WeChat app.

Airwallex handles cross-border transactions for companies that do business in multiple countries using international currencies. So it’s not unlike a Transferwise-style service for SMEs that lack the capital to develop a sophisticated (and expensive) international banking system of their own.

The service uses wholesale FX rates to route overseas payments back to a client’s domestic bank and is capable of processing “thousands of transactions per second,” according to the company. A use case example might include helping a China-based seller return money earned in the U.S. or Europe via Amazon or other e-commerce services, or route sales revenue back directly from their own website.

Airwallex CEO Jack Zhang (far right) on stage at TechCrunch Shenzhen in 2017

China is a key market for Airwallex — which was started by four Australian-Chinese founders — as well as the wider Asian region, and in particular Australia, Hong Kong and Southeast Asia. With this new capital, Airwallex co-founder and CEO Jack Zhang said the company will increase its focus on Hong Kong and Southeast Asia, whilst also extending its business in Europe (where it has a London-based office) and pushing into North America.

Product R&D is shared across Melbourne and Shanghai, while Hong Kong accounts for business development, compliance and more, Zhang explained. However, Airwallex’s locations in London and San Francisco are likely to account for most of the upcoming headcount growth planned following this funding. Right now, Airwallex has around 100 staff, according to Zhang.

The company is also aiming to expand its product range, too.

The firm is in the process of applying for a virtual banking license in Hong Kong, a third-party payment license in mainland China, and a cross-border Chinese yuan license. One goal, Zhang revealed, is to offer working capital loans to SMEs to help them to scale their businesses to the next level. Airwallex is working with an undisclosed partner to underwrite deals in the future. Zhang explained that the company sees a gap in the market since banks don’t have access to critical data on clients for loan assessments.

More generally, he’s bullish for the future despite Brexit and the ongoing trade war between the U.S. and China.

“The trade war gives the Chinese yuan a lot of vitality, and we’ve seen more demand in the market. China’s belt road initiative has really taken off, too, and we’re seeing the impact in many many of our payment corridors,” he explained. “Business has been booming, especially as traditional offline SMEs start to move online and go from domestic to global.”

“We want to be the backbone to support these new opportunities for businesses,” Zhang added.


Source: TechCrunch

New University Rules Encourage Scientists to Avoid Air Travel

For some researchers it’s a personal choice; other academic departments have to pay carbon offset fees.
Source: Wired

'Lumines Remastered' Is the Perfect Summer Gaming Treat

The newly overhauled version of the 2004 niche classic is a reintroduction to one of the best puzzle games of all time.
Source: Wired

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