Tagged: e-commerce

August 30, 2022 @ 6:35 pm By Omar Faridi  |  

The Emerging Tech Indicator (ETI), released by Pitchbook, provides a quarterly review of seed- and early-stage investment activity “involving a limited subset of the world’s most successful venture capital (VC) firms.” The analysis provides “a unique perspective into the types of technologies top investors view… Read More

August 29, 2022 @ 1:37 pm By Omar Faridi  |  

Buy Now, Pay Later (BNPL) plans have taken over as a “popular” financing option for consumers, partly due to “an increase in online shopping demands during the pandemic,” the TrueAccord team notes in a blog post. In 2021, Americans “spent more than $20 billion through… Read More

August 26, 2022 @ 4:56 pm By Omar Faridi  |  

Visa (NYSE: V) announced that the company has now issued more than 4 billion network tokens worldwide “through Visa Token Service (VTS), marking a major milestone in its proprietary offering to help secure digital payments and further accelerate ecommerce innovation and acceptance.” This milestone, which… Read More

August 21, 2022 @ 3:37 pm By Omar Faridi  |  

Checkout.com, the cloud-based payments service provider, announced updates to its Authentication product “to help merchants combat fraud and optimize their revenues, with an evolving toolkit of products and features to help merchants navigate the rapidly evolving landscape.” Checkout.com’s enhancements to its Authentication solution “comes at… Read More

August 8, 2022 @ 11:58 pm By Omar Faridi  |  

Since 2020, and the recent global pandemic, digital commerce has seen “exceptional growth,” according to an update from Juniper Research. Although the impact of COVID-19 certainly forced an increase in online shopping and eCommerce usage, it is clear that it is “a continuing trend,” the… Read More

August 6, 2022 @ 8:43 pm By Omar Faridi  |  

Roxe, a blockchain infrastructure company powering the next generation of payments and digital commerce solutions, has announced a partnership with the Philippines’ micro financial services provider, Cebuana Lhuillier. The partnership will “facilitate seamless cross-border remittance payments for clients in the Philippines by utilizing Cebuana Lhuillier’s… Read More

August 4, 2022 @ 9:01 am By Omar Faridi  |  

MercadoLibre, Inc. (Nasdaq: MELI), which claims to be Latin America’s leading e-commerce technology company, reported financial results “for the quarter ended June 30, 2022.” The company hosted an earnings video as well as a conference call and audio webcast “for any questions that investors may… Read More

August 2, 2022 @ 10:57 pm By Omar Faridi  |  

Alif, a Central Asian Fintech operating as a “full-fledged” Bank in Tajikistan and as e-commerce and Fintech company in Uzbekistan, has announced “a record 150%+ year-on-year revenue growth in the 12 months leading to June 2022.” During the same period, the total number of Alif… Read More

July 29, 2022 @ 8:13 am By Omar Faridi  |  

Revolv3 announced that Rosecliff Ventures and an angel investor have invested $4.5 million via a seed round in the recurring billing solutions provider. Revolv3’s platform supports incremental profits for merchants by maximizing cards on file settlement rates for recurring billing transactions while also minimizing transaction… Read More

July 28, 2022 @ 10:47 pm By Omar Faridi  |  

TrueLayer, which claims to be Europe’s leading open banking platform, announced the availability of TrueLayer Payments for WooCommerce plugin, “enabling ecommerce SMBs to seamlessly add instant, secure account-to-account payments to their website.” Luxury watch retailer BQ Watches is one of “the first businesses to implement… Read More

July 27, 2022 @ 10:47 pm By Omar Faridi  |  

Financial technology firm FIS (NYSE: FIS) is continuing to broaden its global merchant services footprint, announcing that its Worldpay from FIS merchant solutions are available in the fast0growing South Korean markets. Worldpay from FIS has teamed up with Seoul’s TossPayments, which is a South Korea… Read More

July 27, 2022 @ 10:07 pm By Omar Faridi  |  

Balance, which claims to be the leader in B2B marketplace and eCommerce payments, announced a $56 million Series B fundraise, “bringing the company’s total funding to $87M.” The round was “led by Forerunner Ventures with support from Salesforce Ventures.” Hubspot Ventures, Lyra Ventures, and Gramercy… Read More

July 21, 2022 @ 8:13 pm By Omar Faridi  |  

Charles announced that it has raised a $20 million Series A round that was led by Salesforce Ventures in order to become one of Europe’s “leading” conversational commerce as a service platform. Accel and HV Capital, who led the company’s seed round in 2021, also… Read More

July 10, 2022 @ 10:41 pm By Omar Faridi  |  

DEUNA, the commerce operating system that enables a “1-click checkout” buying experience and a sales network for digital commerce merchants, has raised $37 million in funding including a $30 million Series A round. The investment round was led by Activant Capital along with contributions from… Read More

July 8, 2022 @ 11:10 pm By Omar Faridi  |  

Worldline [Euronext: WLN], which claims to be an international leader in payment services, is assisting its digital commerce customers with entering the fast-evolving Chinese markets. Over 1.38 million Chinese consumers currently order various items from other nations. As noted in the update, the key to… Read More

July 6, 2022 @ 4:08 pm By Omar Faridi  |  

Paytrail and Mastercard’s (NYSE: MA) partnership via Aiia, an Open Banking platform, is now supporting over 1 million open banking payments every month. Paytrail and Aiia have reportedly been working together since 2019, as they focus on supporting Open Banking enabled payments via digital commerce… Read More

July 3, 2022 @ 6:10 pm By Omar Faridi  |  

Chargebacks911, the dispute tech specialist that powers chargeback remediation for the “largest” global e-commerce businesses, as well as the world’s financial institutions, celebrates “a 3x boost to its automated dispute response platform.” The use of data from a consortium of businesses across a number of… Read More

June 30, 2022 @ 4:39 pm By Omar Faridi  |  

Financial technology platform FIS (NYSE: FIS) announced the launch of its Guaranteed Payments solution, becoming the “only” payments processor to “offer a fully integrated solution designed to guarantee merchants increased eCommerce transaction approval rates and eliminate the financial liability of chargebacks due to fraudulent purchases.”… Read More

June 29, 2022 @ 12:05 pm By Omar Faridi  |  

SME Bank, the bank making life easier for small- and medium-sized enterprises, has teamed up with “next-generation” payment infrastructure provider kevin. in order to create an easy-access one-stop-shop for digital commerce business owners looking for a suite of online payment capabilities for clients, with payments… Read More

June 12, 2022 @ 10:01 pm By Omar Faridi  |  

Nexi, the European Paytech, and Zuora, the Cloud-enabled subscription management platform provider, announced a partnership in the e-commerce sector: XPay, the gateway of Nexi for e-commerce, is now powered by payment services from Zuora. With Zuora, which powers the “full” quote to cash and revenue… Read More