Tagged: digital commerce

Fintech Engage People, a Loyalty Network Enabling Payments with Points at Checkout, to Hire Additional Team Members

Engage People, which claims to be the only loyalty network that allows program members to pay with points “directly at checkout,” is reportedly expanding its operations  – and recruiting new talent. At present, Engage People has over 25 job openings across North America. The company… Read More

Australian BNPL Firm Zip Receives Strategic Investment in TendoPay, a Pay Over Time Fintech in the Philippines

Australia-based Buy Now, Pay Later (BNPL) Fintech firm Zip Co has reportedly decided to expand its global operations. Zip has received a strategic investment in TendoPay, a BNPL service provider operating in the Philippines. This latest investment marks Zip’s initial steps into Southeast Asia, which… Read More

SaaS and Digital Commerce Subscription Service Chargebee Secures $125M via Series G Co-led by Sapphire Ventures, Tiger Global

Chargebee, a subscription billing and revenue management platform, revealed on Tuesday (April 20, 2021) that it has closed a fresh round of $125 million in series G funding. Chargebee‘s round was co-led by new investor Sapphire Ventures and existing investors Tiger Global and Insight Venture… Read More

Digital Commerce Investor Clearbanc Rebrands to Clearco, Company Announces $100M in New Series C Equity Funding

Clearbanc, a leading digital commerce investor and the company “revolutionizing the way founders grow their businesses,” revealed on Tuesday (April 20, 2021) that it will be rebranding. The company also announced a $100 million in new Series C equity funding to support its ongoing growth… Read More

BNPL Fintech Affirm Reveals that Buy Now, Pay Later Accounted for Record $24B in US Consumer Spending Last Year

BNPL Fintech Affirm (NASDAQ:AFRM) notes that last year’s holiday shopping season set many digital commerce records, including in its “volume of purchases” made through Buy Now, Pay Later (BNPL) services. Affirm cites Salesforce data which reveals that BNPL transactions surged 109% when compared to the… Read More

$600 Billion Lost to Payment Declines Last Year, According to Analysis from Digital Commerce Fraud Prevention Fintech Riskified

The team at Riskified, provider of an “all-in-one” e-commerce fraud prevention solution and chargeback protection service for “high volume and enterprise merchants,” notes that digital commerce businesses spend most of their budget on “customer acquisition, focusing on getting consumers to hit the ‘buy’ button.” While… Read More

Real-Time Account Payout Features Now Supported by Pakistan’s Faysal Bank via Western Union Partnership

Western Union, a leading provider of cross-border, cross-currency money transfer services, is teaming up with Pakistan’s Faysal Bank in order to improve its real-time bank account transaction network. Receivers of global money transfers in Pakistan can take advantage of Western Union’s real-time account payout feature… Read More

BNPL Fintech Affirm Partners Digital Commerce Investor Clearbanc to Provide Financial Tools for Businesses

Buy Now, Pay Later or BNPL Fintech Affirm (NASDAQ:AFRM), which is now a “remote-first” company with most of its roles being carried out anywhere in the U.S. and Canada (with the exception of Quebec), has teamed up with Clearbanc in order to help clients power… Read More

Microfinancing and Microinsurance Platform Aspirasi to Offer Seamless All-Digital Financing Options to Online Consumers

Aspirasi, an online micro-financing and micro-insurance platform operating under Axiata Digital, is providing a more convenient and all-digital financing option for online consumers via Aspirasi CashNow. Now available via digital commerce platform Lazada Malaysia, Aspirasi CashNow is currently open for applications to all Malaysia-based residents… Read More

Engage People CTO Len Covello Provides Key Insights on how Loyalty Points are “Often-Overlooked” Alternative Payment Option

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We recently caught up with Len Covello, CTO at Engage People, a global loyalty tech company. Covello explained how loyalty points are an often-overlooked alternative payment option. Covello talked about how the demand for having the flexibility to pay with points as easy as credit… Read More

Fintech Become, an Online Lending Platform for SMEs, Shares Insights on Customer Satisfaction and Digital Commerce

Fintech firm Become, an online lending platform for SMEs, has shared insights on what may be considered the “real value” of creating a happy or satisfied customer. According to Become, that really is “the million-dollar” (or now billion-dollar due to inflation) question in the world… Read More

Modulr Comments on how Fintech Is “Driving Next Evolution” of Vertical SaaS Businesses

Modulr, a Payments as a Service API Platform for digital businesses, notes that they’re seeing the rise of the infrastructural Fintech. The company claims to have “front row seats” to see how Software as a Service companies (and customers) are adding various financial services to… Read More

Smart Payments Provider Credorax Explains how Local Payment Methods can Seamlessly Settle Transactions

Credorax, a “smart” payments provider and “fully-licensed” bank offering cross-border processing for digital commerce and omni-channel payments, notes in a blog post that local payment methods (LPMs), also called alternative payment methods (APMs), are now “disrupting cards’ long-held dominance over the payment landscape.” Maya Shilo-Feldman… Read More

US Retail Sales, Excluding Automotive and Gasoline, Surged 4.6% YoY, Online Sales Up 54.7%, Mastercard Reports

Mastercard (NYSE:MA) reveals that February 2021 was yet another huge month for digital commerce, which increased 54.7% year-over-year (YOY). Mastercard pointed out that despite the “inclement weather” felt across many parts of the country this past month, US retail sales (excluding automotive and gasoline) surged… Read More

Silicon Valley Fintech Brex Launches Instant Payouts Feature, Now Available for Sellers on Shopify and Amazon

Fintech Unicorn Brex has announced the launch of its Instant Payouts feature, which is now available for sellers on Shopify, enabling them to instantly access payouts, earn cash back, and “free up cash flow so they can scale their businesses faster.” Last Fall, Brex introduced… Read More

Fintech Unicorn Brex Explains how Digital Commerce Startups can Scale Operations by Selling Wholesale

Silicon Valley-based Fintech Unicorn Brex recently explained how selling wholesale can help your business expand its operations. Brex notes that many digital commerce business owners start out quite small: an online shop or retail location, a “handful of new products” and perhaps a couple of… Read More

Digital Commerce Boom Leads to India’s BharatPe Finalizing Massive Round, while Branded, Thrasio Close Major Rounds

Thrasio, a company that acquires and then aims to quickly grow third-party sellers on Amazon (NASDAQ: AMZN) has finalized $750 million in new funding, raising the firm’s valuation to around $3 billion to $4 billion. The investment round was led by current investors Advent and… Read More

Digital Commerce: Majority of Online Shoppers in the UK Use Smartphones to Settle Transactions, Juniper Research Reveals

The team at Juniper Research, an analyst house focused on digital technology market research and related Fintech trends, technology data, market sizing, and consulting, notes that e-commerce and financial services have become a key part of many consumers’ lives in a post-COVID world. The Juniper… Read More

New Digital Commerce Platform Introduced by Major Malaysian Banking Group HLB to Meet Growing Demand for Online Services

Hong Leong Bank Berhad (MYX:5819), a major public listed banking group in Malaysia, has revealed that it’s launching a digital commerce platform that will offer an official store on Shopee Mall. This should allow HLB’s clients to sign up for various banking products and services… Read More

Fintech, Digital Commerce, Healthtech in Saudi Arabia are Expected to Attract Substantial VC Funding in 2021, Local Sources Reveal

Saudi Arabia’s venture capital funds are increasingly looking to tap into Fintech, digital commerce, and healthcare segments this year. VC activity has increased considerably in the MENA region including Saudi Arabia during the past few years, with local startups recording a 55% year-over-year growth in… Read More

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