Jeff Bezos-backed Brazil fintech Stark Bank doesn’t ‘believe in remote work’ – Uptrends

Jeff Bezos-backed Brazil fintech Stark Bank doesn’t ‘believe in remote work’ – Uptrends

Stark Bank, one of the few Latin America startups to receive funding from Jeff Bezos’ family office, is generating profits from its business of helping companies handle payments, while leaving cash raised from its funding rounds nearly untouched. The Sao Paulo-based company handled 155 billion reais ($31 billion) of payments in 2023, a three-fold jump … Read more

Import ban halted work on Volkswagen’s production plant in Pakistan: German diplomat – Uptrends

Import ban halted work on Volkswagen’s production plant in Pakistan: German diplomat – Uptrends

  German consul says it is unclear whether Volkswagen would pursue the project further in Pakistan or not View to the depot tower of German carmaker Volkswagen’s electric ID. 3 car in Dresden, Germany, June 8, 2021. — Reuters    Volkswagen was unable to bring necessary machinery.  Automaker yet to decide how to pursue this project.  Premier … Read more