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Freedom Holding, Nokia launch Innovation Center to develop fintech and consumer services

Freedom Telecom International has opened a Silicon Valley Innovation Center with Nokia near Nokia’s Sunnyvale campus, creating a collaborative space focused on next-gen digital infrastructure, AI, cloud technologies for telecom-fintech convergence, and state-of-the-art consumer applications.

Complementary to Nokia’s recently launched AI Networking Innovation Lab, the center will serve as a testing ground for joint initiatives across Freedom Holding Corp. (FRHC), Freedom Telecom International, Freedom Lifestyle Group, and Nokia, where teams can experiment, build, test, evaluate, and demonstrate digital solutions designed for direct application across FRHC’s operational footprint.

The collaboration combines Nokia’s expertise in networks, cloud, edge computing, and AI-ready infrastructure with Freedom Holding Corp.’s expanding ecosystem in finance, banking, insurance, telecom, payments, e-commerce, and lifestyle services. The parties are determined to discover and develop the most promising next-generation digital infrastructure solutions. Early focus will be on AI data center blueprints, cloud infrastructure and advanced networking, 5G and edge use cases, and enabling AI-powered consumer services.

By being located in the heart of Silicon Valley, the center will bring together:

  • Nokia’s infrastructure, engineering expertise, global innovation network, and technology testbeds;
  • Freedom’s ecosystem, market access, investment capabilities, and experience scaling digital financial and lifestyle services;
  • Silicon Valley’s unique energy: the closeness of all technology partners, world-class entrepreneurs and world-class tech talent.

During the opening ceremony, Timur Turlov, CEO of Freedom Holding Corp., said, “Financial services represent a tremendous global opportunity due to their inefficiencies. Too much time, effort, and human capital are spent on processes that can already be automated. We have proven that it is possible to approve a mortgage within hours, and this encourages us to completely rethink the role of traditional structures. AI opens our horizon and allows us to tackle complex processes which can be redesigned and assisted through its capabilities. I trust our partner, Nokia, that together we can move our ideas to real, scalable solutions for the benefit of our ecosystem.”

Mikko Lavanti from Nokia commented, “This partnership is about delivering tangible value together. At Nokia, we bring deep expertise in designing and deploying high-performance AI infrastructure at scale, backed by a strong track record of innovation. We are proud to support Freedom in launching state-of-the-art consumer applications across its markets, helping to accelerate its AI ambitions with resilient and future-ready infrastructure.”

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NinjaOne raises $400M at $12.3 billion valuation

NinjaOne announced a $12.3 billion valuation following more than $400 million in Series C extensions. The extensions included participation from Wellington Management, Teachers’ Venture Growth (TVG), BDT & MSD Partners’ affiliated funds, Sequoia Capital, ICONIQ, Hedosophia, NEA, Washington Harbour Partners, CapitalG, and Pinegrove Opportunity Partners.

“We’re in a rare position to collaborate with some of the most forward-thinking investors in the world, and those partnerships are shaping how we bring AI into every layer of our business, from our platform roadmap and market expansion to our internal operations. This will fundamentally accelerate how we build and scale for our customers and partners, and will ensure our growth is not just intentional, but inevitable,” said Sal Sferlazza, CEO and co-founder at NinjaOne. “NinjaOne is well positioned to be the control plane for unified IT – rooted in a powerfully simple platform, our automation DNA, and our relentless focus on making customers and partners successful.”

“By 2030, over 50% of digital workplace tasks will be automated via digital workplace operations automation platforms, an increase from less than 5% in 2026,” according to Gartner. Nearly 40,000 organizations in 140+ countries use the NinjaOne Unified IT Operations Platform to unify IT and simplify work for everyone. The cloud and multi-tenant native platform manages, protects, and supports endpoint and IT operations workflows in a single console that delivers intelligent automation and efficiency at scale. This combination of modern architecture, automation at scale, market and use case coverage, and results delivers significant return on investment to our customers and partners. IDC Research** found NinjaOne customers on average enjoy:

  • 720% three-year return on investment
  • 4-month payback on investment
  • $1M in annual benefits per 5,000 endpoints managed

NinjaOne remains founder-led and controlled. Co-founders Sal Sferlazza and Chris Matarese are still the largest equity holders in the company and have majority control of the Board of Directors and the company’s voting power. NinjaOne has nearly 40,000 customers, including Arc’teryx, Audi Revolut F1 Team, Birkenstock, Carnival Cruise Line, Deloitte, Executech, GoFundMe, Hyundai, Kawasaki, Mitsubishi, PGA Tour, Porsche, TeamLogic, and UCLA – Anderson School of Management.

 

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