Tagged: digital commerce

May 15, 2022 @ 7:34 pm By Omar Faridi  |  

Klarna, a global retail bank, payments, and shopping service, recently announced the launch of its Virtual Shopping offering, “bringing the best of in-store to the online experience.” Virtual Shopping by Klarna “enables consumers to browse and buy online with confidence by connecting them directly with… Read More

May 12, 2022 @ 3:36 pm By Omar Faridi  |  

Ebury, the Banco Santander-backed provider of corporate banking services to SMEs that trade globally, has reportedly agreed to acquire Bexs in a deal that further expands its international payments offering to Brazilian markets. The transaction, currently subject to regulatory clearance, reportedly includes the companies Bexs… Read More

April 28, 2022 @ 11:39 pm By Omar Faridi  |  

Evvio Inc., a Fintech firm focused on next-gen digital commerce, has announced its collaboration with Vite Labs, a “zero-fee” fast blockchain company. Evvio and Vite’s collaboration is “grounded in a shared vision that next generation e-commerce will eliminate the need for credit cards, bank accounts… Read More

April 28, 2022 @ 10:36 pm By Omar Faridi  |  

Klarna, a global retail bank, payments, and shopping service, announced its expanded partnership with cross-border e-commerce provider Global-e (Nasdaq: GLBE). Via this partnership, merchants selling to Canada through Global-e’s cross-border e-commerce platform, “including notable brands such as Reformation, SKIMS, Fenty Beauty, Rimowa, Versace, Marc Jacobs,… Read More

April 28, 2022 @ 1:07 am By Omar Faridi  |  

Conjura, which claims to be the leading e-commerce data analytics platform, recently announced that it secured €15 million in Series A funding. The investment round was co-led by Act Venture Capital and MiddleGame Ventures, along with contributions from Tribal VC. Conjura will use the capital… Read More

April 26, 2022 @ 7:56 am By Omar Faridi  |  

Mastercard (NYSE: MA) recently announced the launch of an “enhanced” identity solution designed to improve the online shopping experience and “tackle digital fraud” in a new collaboration with Microsoft Corp. (NASDAQ: MSFT). Now more than ever, delivering a “frictionless” shopping experience is critical “as retailers… Read More

April 26, 2022 @ 12:25 am By Omar Faridi  |  

  The Experian Global Insights Report reveals that digital online spending will continue “to gain strength even as consumers emerge from lockdown and return to in-person transactions.” As noted in an update shared with CI, consumers are also “engaging with digital payments as much as… Read More

April 22, 2022 @ 5:07 am By Omar Faridi  |  

Citi’s Treasury and Trade Solutions (TTS) have announced that they are entering into an agreement with international payment processor EBANX in order to offer an end-to-end digital collection solution (eCommerce) “for Citi’s institutional clients in Latin America.” Citi’s clients will be able “to accept more… Read More

April 21, 2022 @ 8:46 pm By Omar Faridi  |  

Wayflyer, the revenue-based financing and growth platform for digital commerce merchants, recently confirmed a series of new hires across its offices based in Europe and the United States. Several key appointments have reportedly been made in the Talent team. Ciara Smyth has joined the firm… Read More

April 20, 2022 @ 10:18 pm By Omar Faridi  |  

Juni, the financial companion for digital commerce entrepreneurs, recently announced it is embarking on its next phase of growth. Having doubled the number of clients and card spend every quarter for the past year, and expanded its professional team by 644% in 2021, Juni continues… Read More

April 19, 2022 @ 10:46 pm By Omar Faridi  |  

Paymob, which is MENA region’s virtual payments provider, has announced a strategic relationship with Bank Alfalah, in one of Pakistan’s largest Fintech partnerships “to date.” Paymob’s partnership with one of Pakistan’s major private banks will aim to “drive financial inclusion and lead the way for… Read More

April 19, 2022 @ 5:39 pm By Omar Faridi  |  

ChargeSentry Inc. recently announced support for more than 100 additional payment processors. Until now, ChargeSentry has only offered its automated chargeback response service “to Stripe and PayPal merchants, but due to [steady] demand, they quickly saw a need to extend support to a broader e-commerce… Read More

April 18, 2022 @ 8:12 am By Omar Faridi  |  

EBANX, a payments Fintech with an international presence, and VTEX, a digital commerce platform for large firms and retailers, has announced a partnership aimed at “broadening cross-border payments for Brazilian e-commerce companies in Latin America.” Via this collaboration, Brazilian firms will be able to enjoy… Read More

April 13, 2022 @ 3:50 pm By Omar Faridi  |  

Forter, the “Trust Platform” for e-commerce, has announced the appointment of two new board members, Sharda Caro Del Castillo and Scott Schenkel. Caro Del Castillo and Schenkel “bring digital commerce, financial, operational, legal and compliance expertise to Forter.” The news comes during “a period of… Read More

April 10, 2022 @ 10:52 pm By Omar Faridi  |  

Evvio, an “emerging” Fintech focused on next-gen digital commerce tech, recently announced the launch of Fluid CommerceTM. For e-commerce transactions, Fluid Commerce’s patented tech “eliminates the need for credit cards, bank accounts and third-party processors.” Fluid Commerce can be “used within and across e-commerce networks,… Read More

April 9, 2022 @ 5:00 pm By Omar Faridi  |  

Fintech firm RITMO has finalized a $200 million debt funding round, which was led by i80 Group and Avellinia Capital, making it one of the largest rounds of any digital commerce finance business in Europe and Latin America. The debt financing was reportedly offered by… Read More

March 28, 2022 @ 11:29 pm By Omar Faridi  |  

Saudi Arabia is one of the most vibrant and dynamic nations. And as part of its Vision 2030 plan, the country’s government has “set ambitious goals to digitize and transform its economy.” At Checkout.com, they have the privilege of “being an active participant in accelerating… Read More

March 28, 2022 @ 1:03 am By Omar Faridi  |  

QOALA, a “free” browser extension and mobile app that “automatically rewards users while shopping online” with the aim to help digital commerce sites to improve their conversion rates, has acquired 78% (€391,365) of its €500,000 target via Crowdcube (at the time of writing) with 29… Read More

March 23, 2022 @ 10:54 pm By Omar Faridi  |  

Finaro, the cross-border payment provider and licensed bank supporting international commerce via simple payments, has announced an expansion of its management team to take advantage of the fast digital commerce growth in three of the fastest-growing e-commerce regions of Europe. Ruben Frimand Nielsen is reportedly… Read More

March 17, 2022 @ 10:56 pm By Omar Faridi  |  

Clearco, which claims to be the largest digital commerce investor and the company “revolutionizing” the opportunities for founders to expand their businesses, and Indiegogo, the platform for entrepreneurs to launch new products, announced a $10 million Indiegogo Creators Fund “powered by Clearco to accelerate growth… Read More