Tagged: commerce

December 2, 2022 @ 7:30 pm By Omar Faridi  |  

FASTAF, which claims to be an ultrafast delivery startup supported by former NBA star Baron Davis, launches one of the “first” cryptocurrency-powered commerce platforms through partnerships with Stripe and Solana. As noted in the update shared with CI, FastAF says it is the “first” and… Read More

October 1, 2022 @ 6:44 pm By Omar Faridi  |  

WEX (NYSE: WEX), the global commerce platform that simplifies the business of running a business, announced the public launch of Flume, an FDIC-insured digital wallet uniquely designed “to bridge the digital divide for millions of small-and-medium-sized businesses (SMBs) in the U.S.” Flume is provided by… Read More

September 24, 2022 @ 12:22 pm By Omar Faridi  |  

Trade Ledger, the data-driven lending technology provider, has partnered with Thought Machine, the cloud-native banking technology company and developer of core banking engine Vault Core, “to provide a fully integrated technology stack for commercial lenders and banks.” API-driven data exchange between the two companies will… Read More

September 13, 2022 @ 10:31 am By Omar Faridi  |  

Web3’s commerce layer Boson Protocol is partnering with Alterrage, a DAO-led fashion label leveraging blockchain technology, “to create interoperable collections across physical, augmented, and digital spaces.” The partnership will see Alterrage “open a phygital Web3 store where buyers will be able to purchase the unique… Read More

August 25, 2022 @ 10:43 pm By Omar Faridi  |  

Research released by specialized payments platform Paysafe (NYSE: PSFE) reveals how retailers “may be missing out by not accepting payments in crypto.” A significant 80% of crypto owners “want to pay for goods with their crypto balances but are held back by a lack of… Read More

February 10, 2022 @ 10:08 pm By Omar Faridi  |  

Rino, the newly-launched startup founded by Trung Thanh Nguyen, has finalized a $3M pre-seed round in order to accelerate the firm’s blueprint for 10-minute instant delivery by “setting up dark stores and building its own logistics units beginning with Ho Chi Minh City.” Trung Thanh… Read More

February 2, 2022 @ 8:43 am By Omar Faridi  |  

Global Fintech SumUp and PrestaShop – the digital commerce platform in Europe and Latin America – have announced a partnership that will aim to give thousands of merchants on the PrestaShop platform access to SumUp’s product suite of business tools (thanks to PrestaShop’s SumUp Payment… Read More

November 3, 2021 @ 9:05 pm By Omar Faridi  |  

Shopping and rewards platform ShopBack announced on November 2, 2021 that it has obtained consent from shareholders of hoolah, a Buy Now, Now Later (BNPL) platform, for a 100% acquisition of the firm by ShopBack. hoolah, combined with ShopBack’s position as the publisher and shopping… Read More

October 21, 2021 @ 8:33 am By Omar Faridi  |  

Financial services and digital payments company Square, Inc. (NYSE: SQ) has introduced subscription-based tools in the United Kingdom — Square Marketing and Square Loyalty — in order to help companies with expanding their sales. Following the announcement, shares of the firm appreciated marginally on Wednesday… Read More

October 8, 2021 @ 12:54 pm By Omar Faridi  |  

FreedomPay, a consumer-focused commerce platform, has performed an integration with Klarna, the international retail bank, payments and shopping service. Beginning today (October 7, 2021), FreedomPay’s US merchants may provide Klarna’s interest-free payment services at checkout in-store, which should help with boosting sales and “bringing added… Read More

July 25, 2021 @ 11:06 pm By Omar Faridi  |  

The team at Magnetto, which aims to challenge the traditional retail model by automating the checkout process, has raised £179,651 of its £150,000 target from 157 investors via Crowdcube. Magnetto reports a £2,367,720 pre-money valuation, a 7.05% equity, and a £0.90 share price. The company… Read More

May 4, 2021 @ 10:09 am By Samantha Hurst  |  

  Payoneer Inc., the global payment and commerce-enabling platform, announced on Tuesday it is collaborating with eBay to enable sellers in select countries to get paid for their sales on eBay’s core marketplace. Payoneer reported that the partnership is part of eBay’s mission to modernize… Read More

March 4, 2021 @ 9:27 am By Samantha Hurst  |  

    Pine Labs, an India-based merchant commerce platform, announced on Thursday it is expanding its services to Southeast Asia, thanks to key organizational changes. As previously reported, Pine Labs notably offers a merchant platform that includes technology and financial solutions for merchants to help… Read More

November 12, 2020 @ 10:50 am By Samantha Hurst  |  

Afterpay, a digital platform that offers interest-free installment plans for online purchases, announced on Thursday it has introduced cross-border commerce for its merchant partners. Afterpay reported that specifically, merchants may open their e-commerce sites to Australian, British, Canadian, and New Zealand shoppers. According to Aftepay… Read More

September 25, 2020 @ 10:20 pm By Samantha Hurst  |  

Paya,  a U.S.-based integrated payment and commerce solutions provider, announced earlier this week it has formed a partnership with CoverMe, a Software-as-a-Service (SaaS) application for hospitals and long-term care providers. Paya reported that through the partnership, CoverMe will increase efficiency for healthcare providers in processing… Read More

September 24, 2020 @ 4:09 pm By Samantha Hurst  |  

Payments platform Stripe announced on Wednesday it has formed a global commerce partnership with Salesforce to power Commerce Cloud Payments and advanced commerce experiences for enterprise customers. The duo is teaming up to help retailers adapt to a reported digital spending surge. “E-commerce spending has… Read More

July 29, 2020 @ 9:04 am By Samantha Hurst  |  

Button, a mobile commerce technology company, recently announced it has joined forces with Bits of Stock, the brand loyalty and investment app, to enable its users to discover in-app brand offers, shop, and earn fractional shares of stock. Button reported that through the integration, Bits… Read More

July 14, 2020 @ 8:08 am By Samantha Hurst  |  

Payments platform Square recently announced it has acquired Stitch Labs, an operations management platform for growing commerce brands. The acquisition comes less than a month after Square acquired Spain-based P2P payments app, Verse.  Founded in 2011, Stitch Labs describes itself as the leading operations management… Read More

March 2, 2020 @ 9:37 am By Samantha Hurst  |  

ECOMMPAY, a UK-based online payment solution, announced on Monday it has integrated with PayPal’s new commerce platform. According to ECOMMPAY, the platform is designed to work with other tech platforms, payment networks, banks, and merchants to make payments “easy, reduce friction, and create hassle-free experiences”… Read More

January 24, 2020 @ 9:20 am By Samantha Hurst  |  

Pine Labs, an India-based merchant commerce platform, has received a significant investment from multinational financial services giant Mastercard. According to Pine Labs and Mastercard, the investment is part of a partnership to continue the rapid growth of convenient electronic payment options for consumers across the… Read More