Tagged: e-commerce

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

March 15, 2022 @ 10:17 pm By Tony Zerucha  |  

Rutter, a Fintech building a universal commerce API, or “Plaid for Commerce” has raised a $27M Series A financing round led by a16z. This round also includes participation from new and existing investors including Comma Capital, Basis Set Ventures, Haystack, Mischief Capital, The Chainsmokers and… Read More

March 10, 2022 @ 8:51 pm By Omar Faridi  |  

We recently connected with Mikkel Velin, Co-CEO, YouLend, which works with digital commerce platforms (inc. eBay and Shopify) in order to offer merchants access to fast and reliable funding. During a discussion with CI,  YouLend‘s management noted that the UK government’s Help to Grow scheme… Read More

March 6, 2022 @ 1:13 pm By Omar Faridi  |  

Zaapi, a mobile app that allows small businesses to establish their digital commerce presence within seconds, has finalized a $4 million seed round. VC investors including GFC, Flourish Ventures, and Partech have led Zaapi’s investment round. Other investors in the funding round reportedly include 1982… Read More

March 5, 2022 @ 11:37 am By Omar Faridi  |  

Lunar, a Nordic-based Fintech firm, has introduced a solution to allow its business clients to accept and keep track online payments. Lunar’s solution is reportedly built into its business account and aims to address the growing digital commerce client base. Lunar’s business clients using a… Read More

March 4, 2022 @ 9:22 pm By Omar Faridi  |  

Indian Fintech firm Razorpay notes that cart abandonment makes a “serious dent” in a digital commerce company’s operations. You may ask e-commerce stores, and they will tell you how much it affects their business. And when it comes to stats and data, we can see… Read More

March 2, 2022 @ 4:26 pm By Tony Zerucha  |  

99minutos, a provider of logistics services for e-commerce vendors across Latin America, today announced a $82 million funding round led by OAK HC/FT, with participation from existing investors Kaszek and Prosus Ventures. Since its last funding round in May 2021, 99minutos’ operation and business have… Read More

February 25, 2022 @ 11:02 am By Omar Faridi  |  

Checkout.com, which recently raised $1 billion at a $40 billion valuation, notes that Strong Customer Authentication (SCA) is now “mandated across all of Europe and businesses have had to make changes to make sure they are compliant.” The team at Checkout.com writes in a blog… Read More

February 24, 2022 @ 10:17 pm By Omar Faridi  |  

Indian Fintech Unicorn Razorpay notes that it has been serving numerous digital commerce merchants with an intuitive, customer-friendly, and secure checkout experience for over six years. The company claims that its expertise makes them one of the best go-to checkout providers for merchants who want… Read More

February 22, 2022 @ 1:30 pm By Omar Faridi  |  

Despite the surge in US digital commerce sales, online consumers remain “unpredictable” when it comes to checking out online: The average online shopping cart abandonment rate is 70%, according to an update from Affirm (NASDAQ:AFRM). Anything you can do to lower that rate for your… Read More

February 22, 2022 @ 1:18 am By Omar Faridi  |  

UK Fintech Transact365 has introduced its payments platform in Latin America, a move the firm said makes it one of the LatAm area’s biggest alternative finance platforms. The move allows for cross-border and local digital commerce transactions using local payment methods such as PIX and… Read More

February 20, 2022 @ 9:51 pm By Omar Faridi  |  

Increff, an Indian supply chain SaaS firm providing inventory optimization solutions for e-commerce, fashion, and retail brands has secured $12 million via its Series B round. Increff’s investment round included contributions from TVS Capital Funds, Premji Invest, Binny Bansal’s 021 Capital, and 6 existing angels… Read More