Tagged: e-commerce

June 10, 2022 @ 6:38 pm By Omar Faridi  |  

ICICI Bank recently announced that it has teamed up with ZestMoney, a digital EMI/ pay-later platform, in order to expand its ‘Cardless EMI’ facility “for purchases at retail and e-commerce platforms.” The partnership enhances affordability for millions of customers of the Bank who can use… Read More

June 10, 2022 @ 7:51 am By Omar Faridi  |  

Swedish firm Juni, a neobank focused on digital commerce entrepreneurs, has finalized a $206 million Series B and venture debt funding. The $100 million Series B investment round has been led by Mubadala Capital, whose international Fintech initiatives reportedly include investments in SpotOn, Brex, C2FO,… Read More

June 9, 2022 @ 7:54 am By Omar Faridi  |  

“Headless” e-commerce solution Instant Commerce has acquired €2 million in capital via a pre-seed round that was led by firstminute Capital. The founders of Storyblok, Wandera, Snyk and Supercell also contributed to the investment round. Instant Commerce will use the funding “to double the team,… Read More

June 6, 2022 @ 4:52 pm By Omar Faridi  |  

As a startup ecosystem builder and veteran, Andrea Li, the VP, Head of International at Clearco, says she’s particularly excited about bringing Clearco, one of the largest digital commerce funders, to Germany, which is one of the world’s largest e-commerce economies. Clearco provides equity-free capital “to… Read More

June 3, 2022 @ 8:17 am By Omar Faridi  |  

Bexs Pay, which claims to be a “pioneer” in offering cross-border transactions, has entered a partnership in order to provide Brazilian consumers with convenient access to global products and services. Bexs Pay will, from now on, be responsible for transfers via NuPay, which is Nubank’s… Read More

May 27, 2022 @ 6:41 pm By Omar Faridi  |  

Mastercard (NYSE: MA), a tech leader in the international payments sector, has announced a strategic partnership Saudi Arabia-based HyperPay, which claims to be the fastest growing e-commerce payments services provider in the MENA region, in order to drive the adoption of digital payment solutions across… Read More

May 27, 2022 @ 10:16 am By Omar Faridi  |  

Scalapay, which claims to be one of Europe’s leading Buy Now – Pay Later providers, and Twig, the “next generation” of banking and Web3 green payment infrastructure, recently announced an “exclusive” partnership. This partnership will “allow customers to resell products they have purchased via Scalapay… Read More

May 25, 2022 @ 5:54 am By Omar Faridi  |  

Fundbox recently announced that its working capital platform is now embedded “within Stripe, a financial infrastructure platform for businesses.” A key player in providing embedded working capital solutions for B2B sellers, Fundbox’s collaboration with Stripe is “the first of many new integrations to come as… Read More

May 24, 2022 @ 9:07 pm By Omar Faridi  |  

MatchMove, the international embedded finance company, has reportedly acquired digital commerce specialist Shopmatic in a $200 million deal, “creating an end-to-end embedded finance and e-commerce powerhouse.” MatchMove’s platform “provides customisable, fast, secure and regulated embedded financial services, such as banking-in-an-app, powered by APIs, to help… Read More

May 20, 2022 @ 2:58 pm By Omar Faridi  |  

Fraugster, an AI payment intelligence company, has announced the launch of their latest product, Alternative Credit Decisions, which allows Buy Now Pay Later (BNPL) and Enterprise merchants “to approve more customers without increasing credit risk.” There is a pressing need for a new approach because… Read More

May 18, 2022 @ 1:38 am By Omar Faridi  |  

Banking Circle, the Payments Bank for the “new economy,” is reporting a “significant” uplift in its performance in 2021 as it continues “to help Payments businesses, Banks and Marketplaces access global cross-border payments, accounts and liquidity management that enables their business customers to transact more… Read More

May 16, 2022 @ 6:55 pm By Omar Faridi  |  

Krepling, one of the “fastest growing” digital commerce platforms on the market, recently  announced the launch of the “first” agnostic digital wallet for e-commerce, Krepling Pay. Unlike the platform’s existing competitors – Apple, Google, ShopPay – Krepling Pay is compatible “with every device and every… Read More

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