Tagged: digital commerce

European Digital Commerce Growth Bouncing Back After 2020 Pandemic Dip

Data released this week by TradingPlatforms.com shows the growing influence of digital commerce in Europe. The research authors defined digital commerce as all consumer transactions made via the Internet directly relating to online shopping for products and services, with payments made through providers like PayPal… Read More

Fintech Sector in Argentina Now Includes Over 300 Firms, Employs 15,000+ Professionals: Report

Argentina’s fast-evolving Fintech sector now includes more than 300 firms that currently employ around 15,000 workers. During this year, the nation’s financial technology ecosystem is expected to create over 5,600 new roles, which indicates that the Fintech industry is set to experience steady growth and… Read More

Australia based BNPL Fintech Zip to Allow Clients to Easily Purchase Microsoft Products

With changing consumer habits for digital purchasing and a significant increase in customer demand for Buy Now Pay Later (BNPL) payment services in the Australian market, Fintech firm Zip has decided to join forces with Microsoft (NASDAQ: MSFT). Zip says the new partnership is designed… Read More

Toronto’s Clearco, Previously Clearbanc, Secures $215M in Growth Equity via Round led by SoftBank Vision Fund 2

Toronto-headquartered Clearco — which was previously doing business as Clearbanc — has secured $215 million in growth equity through a round that was recently led by the SoftBank Vision Fund 2. The firm is now focused on its global expansion efforts. Established in 2015, the… Read More

Digital Commerce: Checkout.com, a Cloud based Payment Service Provider, Receives BigCommerce Tech Partner Certification

Checkout.com, the Cloud-powered payment service provider, has reportedly been certified as a BigCommerce Technology Partner. Checkout.com’s unified payments platform has been developed to assist fast-growing companies or businesses with boosting revenue by improving authorization rates and tapping into new markets BigCommerce’s 60,000 international merchants will… Read More

Jessica DiRubio: Chief Revenue Officer at AppBrilliance Says Future of Payments will be Open, Innovative, Secure

We recently caught up with Jessica DiRubio, the Chief Revenue Officer and Head of Partnerships at AppBrilliance, an Austin-based payments technology firm. AppBrilliance aims to power and support true, real-time non-custodial Open Payments and Banking services in the United States. The company enables businesses to… Read More

BNPL Fintech Klarna Selects Embedded Finance Platform Liberis to Provide Revenue-based Financing to E-Commerce Clients

Fintech firm Klarna has chosen embedded business finance platform Liberis in order to help it with providing its digital commerce customers with revenue-based financing options. The deal between Liberis and Klarna will see the BNPL Fintech company’s 250,000+ merchant partners in 17 different countries provided… Read More

Fintech DIGITEC, the Global Standard for FX Swaps, Establishes London Offices, to be Managed by Stephan von Massenbach

DIGITEC, the international standard for carrying out foreign exchange (FX) Swaps and NDF pricing and data, reveals that it has established a new London office, which will be led by Stephan von Massenbach who joins the company as MD, Chief Revenue Officer. Part of DIGITEC’s… Read More

Netherlands based Fintech Tinka to Offer Flexible Deferred Payments and Other Installment Plans

The spin-off of Fintech firm Tinka, a deferred payments provider, has initiated a new phase in the digital and business transformation of former Wehkamp Finance. Tinka aims to simplify customer purchases with deferred payment options and also by offering installment plans for retailers based in… Read More

P2P Bitcoin, Ethereum Exchange Paxful Reveals that its Digital Commerce Solutions Now Support Nearly 400 Payment Methods

Paxful, a globally accessible peer-to-peer marketplace supporting transactions with Bitcoin (BTC), Ethereum (ETH), and Tether (USDT), reveals that its digital commerce solution has been allowing businesses and individuals to seamlessly receive and send payments. Paxful now supports nearly 400 different payment methods on its platform…. Read More

Fintech nate, a Universal and Streamlined Commerce App, Secures $38M in Capital via Series A led by Renegade Partners

Universal and streamlined shopping app nate has secured $38 million in capital through a Series A round led by Renegade Partners, along with contributions from Forerunner Ventures and existing investors Canaan Partners and Coatue Management. nate’s Series A has been finalized a year after the… Read More

XSpring Capital Confirms $225M Capital Raise to Drive Digital/Traditional Marketplace

Elevated Returns‘ portfolio company XSpring Capital formerly known as Seamico Securities, has secured fundraising of $225 million USD through a partnership with Sansiri, Viryah Insurance, and local private investor Mongkol Prakitchaiwattana. Xspring Capital says it will use the funds to build its fully integrated financial… Read More

European Banking Authority Releases Report on Data Provided by PSPs on SCA Compliance Readiness

The European Banking Authority (EBA), a regulatory body of the European Union that’s headquartered in Paris, released a report, earlier this week, on the data offered by payment service providers (PSPs) on their readiness to apply strong customer authentication (SCA) for the set of payment… Read More

European Transactional Service Worldline Partners Microsoft to Enable Fraud Protection for E-Commerce Payments

Worldline (Euronext: WLN), the European leader in payments and transactional services firm, has teamed up with Microsoft (NASDAQ: MSFT) in order to integrate Dynamics 365 Fraud Protection into Worldline’s digital commerce payments solution. Online fraud has increased considerably during the COVID-19 crisis and resulting economic… Read More

Commerce Platform Lightspeed to Acquire Digital Commerce Firms Ecwid and NuORDER

Lightspeed (TSX: LSPD) (NYSE: LSPD), the “one-stop” commerce platform for merchants across the globe to “simplify, scale and create exceptional customer experiences,” revealed on Monday (June 7, 2021) that it has entered into definitive agreements to acquire two “global leaders” in digital commerce. After the… Read More

London based PayAlly, an Integrated Payments Ecosystem for SMEs, to Leverage Banking Circle Tech

PayAlly, a fully integrated payments ecosystem for small businesses, is reportedly using Banking Circle solutions to enhance its multi-currency B2B cross-border payments platform. Through the partnership, PayAlly will be able access a wider range of payment channels via the Banking Circle super-correspondent banking network. This… Read More

Austin Fintech AppBrilliance Introduces Push To Business or P2B Payments Model for Enhancing Digital Commerce

Austin-based AppBrilliance, a payments tech firm, recently announced its strategic vision with its latest Money API-enabled, Push-To-Business (P2B) payments model, which aims to replace the traditional model and will try to shift power back to the merchant (when it comes to extra transaction fees). AppBrilliance… Read More

EVO Payments to Acquire Chile’s Pago Fácil, a Digital Commerce Payment Platform

EVO Payments, Inc. (NASDAQ: EVOP), a multinational provider of payment tech integrations and acquiring solutions, recently revealed that it has entered into an agreement to acquire Pago Fácil, a digital commerce payment platform in Chile. The deal will be carried out in partnership with its… Read More

Financial Technology Firms UP Fintech, Sea, Huobi, Razer Added to MSCI Global Index

Financial technology companies UP Fintech (NASDAQ:TIGR), an Asian online brokerage firm focusing on global investors; Sea, a digital commerce business; Huobi Technology, a blockchain-focused company; and Razer, a multinational gaming and financial services provider, were among the firms that have been added to the MSCI global indexes… Read More

Abu Dhabi’s Fintech PayBy to Offer Contactless Payments Options to Al Maya Group Supermarkets in UAE

Abu Dhabi-based PayBy, a payments startup, has teamed up with Al Maya Group in order to offer the latter with secure, contactless payment options across 49 of its supermarkets in the United Arab Emirates (UAE). When shopping at Al Maya supermarkets, customers will be able… Read More

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