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Samsung Launches New Galaxy S22 Ultra

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Samsung galaxy

Samsung has introduced its next-generation flagship Galaxy S smartphones: the Galaxy S22, Galaxy S22 Plus and the Galaxy S22 Ultra.

The company made this announcement during a virtual launch on Wednesday.

A review of the phone, sighted by Investors King shows that the S22 Ultra has a 6.8″ Edge QHD+ dynamic AMOLED 2X Display with a 120Hz refresh rate. The phone includes 5 cameras: a 12 MP ultra-wide, 108 MP wide with dual pixel auto focus, 10 MP 3x and 10 MP 10x telephoto, and a 40 MP front camera. It features a 5,000 mAh battery with up to 45 W wired charging, and 15 W wireless.

Also, the Stylus pen support has a spot inside the phone to store it, with new improvements to the way the stylus works. The latency is lower, and it can transcribe handwritten notes to text in 88 languages. The Galaxy S22 Ultra also has a 5,000-mAh battery, and it supports up to 45-watt fast charging when plugged in. The starting configuration will come with 8GB of RAM and 128GB of internal storage, while the high-end model includes 12GB of RAM with 1TB of storage.

A remarkable feature is that the newly launched devices can connect to the new, super-fast 5G networks, while also supporting the next generation of Wi-Fi, known as Wi-Fi 6.

According to the CNN, the S22 Ultra, which comes in black, white, green, and burgundy, will start selling at $1,199 while the Galaxy S22 plus starts selling at $799, and the S22+ starts at $999 in the United States.

Investors King gathered that the pre-orders start Wednesday and the device begins shipping on February 25.

Recall that Samsung’s launch of the new devices comes few months after its counterpart, Apple launched the iPhone 13 and iPhone 13 mini.

The phones, which boast of super-fast performance and power efficiency with A15 Bionic, longer battery life, an industry-leading IP68 rating for water resistance, among other features, also have a 5G connectivity.

However, these two tech companies have a wide margin in terms of worth, sales and market value.

According to a report by Investopedia, Apple is the largest company in the world by market cap, which reaches almost $3 trillion. While Samsung is a smaller company than Apple, it is one of the most powerful companies in the world and in South Korea, where it makes up a large portion of the country’s GDP. The report also noted that Samsung has a market capitalization of about $443 billion as of January 2022.

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Fund Raising

Purple Elephant Ventures Has Raised $1 Million Seed Fund to Modernize Africa’s Travel Sector

Purple Elephant Ventures (PEV) has raised $1 million in pre-seed funding to boost innovation in Africa’s tourism.

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Purple Elephant Ventures

Kenyan-based venture studio with a focus on Tourism, Purple Elephant Ventures (PEV) has raised $1 million in pre-seed funding to boost innovation in Africa’s tourism.

The venture studio seeks to achieve this goal by building creative startups from scratch focused on leveraging technology to scale tourism, as it plans to build about four startups at the intersection of travel, climate, and technology, every year.

Investors who took part in this recent $1 million pre-seed funding round include Klister Credit Corporation, a Canadian investment firm, and The Untours Foundation.

Also Angel investors such as Fede Pirzio-Biroli, founder of Playfair Capital; Ian McCaig, former CEO of lastminute.com and M-Kopa board member, Anthony Rock, president of Rock Impact Capital; Rich Hoops, executive director at Impact Capital; Jim Villanueva, managing director of Global Partnerships Social Venture Fund, and Helena Riese Harstad, co-founder and chair of the Optimizer Foundation.

Speaking on the recent seed raised and the startup mission, Purple Elephant Ventures CEO Ben Peterson said, “I think what’s exciting for the team is all of the possibilities to digitize tourism for a greener future. And one of the great advantages of working in a studio is that we get to play around with new innovative ideas all the time.

“We have what we call ideation sessions, where we have very structured conversations around examining the tourism industry from the perspective of building businesses that will help reduce the carbon footprint of Africa’s tourism industry.”

He further disclosed that despite the uncertainty in the tourism sector during the Covid pandemic period, the Purple Elephant Ventures team did not slow down on its efforts, rather they went on to launch two startups during that period, which are Elephant Bookings, a software service (SaaS) product, and Nomad.Africa, a content-to-commerce magazine.

Purple Elephant Ventures seeks to enable startups in the tourism sector raise enough capital to facilitate sustainability, as well as have an online presence to aid global scale.

Founded in 2020, the company’s mission is To build a portfolio of innovative companies that unlock the unrivaled economic power of tourism to protect and grow Africa’s natural capital.

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Telecommunications

MTN Celebrates Customer Service Week by Gifting Subscribers Airtime Top-up

MTN is celebrating its customer service week by gifting Airtime top-ups to its loyal customers through engaging activities on all its social media platforms.

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MTN

Mobile telecommunications giant MTN is celebrating its customer service week by gifting Airtime top-ups to its loyal customers through engaging activities on all its social media platforms.

The telecommunications giant is celebrating this year’s edition with exciting activities which include online competitions, trivia quizzes, giveaways, and lots more.

To participate in the Customer Service Week activities, subscribers are required to follow all the company’s social media accounts where all activities and information for the week will be communicated, Investors King understands.

MTN’s theme for this year 2022 Customer Service Week is “No US without U” where it is appreciating the loyalty of its customers and partners of the brand for over 20 years of partnership and loyalty.

Customer Service Week is an international celebration of the importance of customer service and of the people who serve and support customers on a daily basis.

The goal of the event is to emphasize the importance of customer satisfaction and also listen to customers as critical components of building a business. During this week customers are given different types of packages, such as gifts, rewards, and other exciting offers.

Speaking on MTN’s “Customers Service Week” and its commitment to customers, the Chief Customer Service Officer Ugonwa Nwoye said “Our customers mean so much to us, they are the reason we are thriving for more than two decades. This is why we will continue to work tirelessly to ensure our customers stay happy and satisfied.”

Customer service has been described as a core means of building brand loyalty and encouraging customer satisfaction. According to Forbes, It is reported that around 70% of American customers report they’re willing to spend more money with companies that provide excellent service.

In other words, a company’s excellent customer service can be one of the most powerful customer retention tools they will have.

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Fintech

NowNow CEO And Co-Founder Sahir Berry Emerges as The Fintech Leader of The Year

Sahir Berry has bagged the fintech leader of the year award at the recently concluded 2022 leaders in fintech awards

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NowNow

Chief Executive Officer and Co-Founder of NowNow Sahir Berry has bagged the fintech leader of the year award at the recently concluded 2022 leaders in fintech awards.

Sahir was awarded the highest honor in acknowledgment of his innovative and leadership skills that have driven his Fintech company to deliver high-capacity services through its digital payments services, security innovation, and SME ‘Business in a Box’ solution; to boost financial inclusion across Africa.

NowNow is a unified commerce fintech platform that facilitates instant payments in Nigeria. It also gives customers control over how they spend their money.

Expressing his gratitude for being awarded the fintech leader of the year, Sahir said: “It brings me immense pleasure and honor to receive this distinguished award, on behalf of not only myself but the entire NowNow team.

“Since we began our journey, NowNow has championed innovation and operational excellence, working relentlessly to carefully construct a dynamic ecosystem of financial solutions, products, and services for our consumers.

“We are thrilled to see our work and achievements being honored for its innovative technology solutions, a clear testament to how much NowNow resonates with consumers, enterprises, and agents in pushing the boundaries of financial inclusion.

“As we go on, we promise to continue creating solutions spanning digital banking, personal finance, lending, payments, and investments that revolutionize our financial ecosystem.

This award comes a year after NowNow was named the “Best Mobile Fintech Solution” at the 2021 Leaders in Fintech awards for its exceptional results in helping the financial services industry move forward through innovations.

It should be recalled that on September 8, 2022, Investors King reported that NowNow raised $13 million in a seed round to deepen financial inclusion across Africa by providing financial services to the unbanked and underbanked.

The fintech startup also disclosed its plans to use the funds to drive financial empowerment, as well as introduce new products that will further enhance its already existing consumer banking, agency banking, and merchant payment solutions. 

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