Tagged: digital commerce

September 1, 2021 @ 7:43 am By Omar Faridi  |  

Klarna, an international retail bank, payments, and shopping service, and Global-e (NASDAQ: GLBE), a cross-border digital commerce platform, have extended their partnership to provide  flexible payment methods to clients across the US, UK, France, Spain, Italy, and Australia. Klarna‘s payment services will be accessible to… Read More

August 29, 2021 @ 8:28 pm By Omar Faridi  |  

Neobanking Fintech Razorpay has teamed up with Shiprocket in order to provide end-to-end digital commerce solutions in India. As noted in the update from Razorpay, e-commerce has changed the “way we live, shop, and do business.” And, virtual payments have served as a catalyst in… Read More

August 26, 2021 @ 7:18 am By Omar Faridi  |  

Balance, the payments experience platform for B2B e-commerce, reveals that it has acquired $25 million in capital through a Series A round that was led by Ribbit Capital, along with contributions from Avid Ventures as well as existing investors Lightspeed Ventures, Stripe, Y Combinator Continuity… Read More

August 22, 2021 @ 3:35 pm By Omar Faridi  |  

European payments company Worldline and Switzerland’s digital asset platform Bitcoin Suisse recently announced the official launch of their omnichannel cryptocurrency payment solution, called WL Crypto Payments. The integrated solution has been designed to enable over 85,000 Switzerland-based merchants on Worldline’s network to take Bitcoin (BTC)… Read More

August 22, 2021 @ 3:07 pm By Tony Zerucha  |  

Account-to-account payment tech GoCardless is partnering with Piano, a global analytics and activation platform, to help publishers and brands market, sell and fulfill premium content offerings. Piano’s commerce engine will be integrated with the GoCardless bank debit network, enabling subscription-based businesses to offer end users… Read More

August 18, 2021 @ 8:17 am By Omar Faridi  |  

Online trade finance network Contour has teamed up with the Global Shipping Business Network (GSBN) in order to provide an all-digital solution for participants involved in trading, financing and shipping goods across the globe. As mentioned in the announcement: “Pandemic-induced lockdowns and the subsequent explosive… Read More

August 17, 2021 @ 8:55 am By Omar Faridi  |  

The Walmart (NYSE: WMT) location in Bentonville, Arizona is looking for a Digital Currency and Cryptocurrency Product Lead. As noted in the job description, Walmart appears to be looking for a professional who is passionate about virtual currencies and “driven by opportunities to scale new… Read More

August 17, 2021 @ 8:28 am By Omar Faridi  |  

Paysafe (NYSE:PSFE), a specialized payments platform, reveals that it has entered an agreement to acquire SafetyPay for $441 million as part of an all-cash deal. SafetyPay is an established payments platform that allows digital commerce transactions through various Open Banking and electronic cash solutions, operating… Read More

August 16, 2021 @ 8:37 pm By Omar Faridi  |  

Vesta, the only “instant, end-to-end” transaction guarantee platform for making online purchases, recently revealed that it has been chosen by Bukalapak, which is one of Indonesia’s biggest tech firms. According to a release, Bukalapak will be leveraging Vesta’s extensive fraud prevention solution “to maximize approvals… Read More

August 16, 2021 @ 11:30 am By Omar Faridi  |  

We recently caught up with Steve Pinado, President at Billtrust (NASDAQ: BTRS), a B2B accounts receivable (AR) automation and integrated payments provider. Pinado explained how automation trends have been accelerating at warp speed during the COVID-19 pandemic. Last month, the team at Billtrust had shared… Read More

August 10, 2021 @ 10:15 pm By Omar Faridi  |  

Juniper Research recently published a whitepaper titled, “Cash is No Longer King: How Contactless Payments are Becoming the Norm.” The paper from Juniper Research notes that bricks-and-mortar retailers are now “under pressure” to provide increasingly “frictionless” shopping experiences. Consumers have started expecting quick, secured, and… Read More

August 9, 2021 @ 11:05 am By Omar Faridi  |  

Leading payments service provider, Checkout.com has announced the executive hire of Céline Dufetel as Chief Financial Officer. Céline had previously worked as CFO and COO at T. Rowe Price and was also a partner in McKinsey & Company’s Financial Services practice. Her appointment “reflects Checkout.com‘s… Read More

August 8, 2021 @ 4:22 pm By Omar Faridi  |  

First Abu Dhabi Bank (FAB)-owned online wallet Payit has entered a partnership with digital support services provider PLATX Omni Channel Conversational Commerce in order to offer a new solution for UAE-headquartered merchants. The two firms said they’ll enable UAE’s merchants to obtain customer payments through… Read More

July 15, 2021 @ 8:00 am By Tony Zerucha  |  

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

July 12, 2021 @ 5:40 pm By Omar Faridi  |  

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

July 11, 2021 @ 8:57 pm By Omar Faridi  |  

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

July 10, 2021 @ 11:27 am By Omar Faridi  |  

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

July 3, 2021 @ 6:37 pm By Omar Faridi  |  

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

June 29, 2021 @ 12:00 pm By Omar Faridi  |  

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

June 29, 2021 @ 8:23 am By Omar Faridi  |  

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