Tagged: ecommerce

Founded by Former Revolut Execs, Fashion Site Tilt Raises $18 Million

“Real-time” fashion shopping platform Tilt has raised $18 million in a Series A funding round led by Balderton Capital. The company was founded by former Revolut executives, a successful banking Fintech. Other investors in the funding round include TQ Ventures, Earlybird and Seedcamp. Tilt claims… Read More

Forter Study Shows Higher Prices Changing Consumer Behavior

This week Forter, released findings from a national consumer study that found 61% of respondents have shifted their online shopping habits as a result of higher prices. This signals a need for online brands to evolve with their customers. Commissioned by Forter and conducted by… Read More

Fintech Firm Square Introduces Solution to Enable Self-Serve Ordering for Restaurants

Square unveiled Square Kiosk, which is described as a fully integrated software, hardware, and payments solution that enables self-serve ordering for quick-service restaurants. Designed with fast-moving and fast-growing restaurants in mind, Square Kiosk empowers guests “to customize and place orders through its sleek and intuitive… Read More

Perspective: Why Online Payments Are the Next Big Thing in Ecommerce Innovation

Industry players are on a mission to differentiate themselves, while merchants and consumers are demanding innovative ways to pay for what they buy.  A seamless payment experience is becoming more and more important to consumers and, therefore, merchants as e-commerce continues to be as competitive… Read More

Ecommerce Data Firm Blyp Raises $4 Million in Seed Funding

Blyp, a data firm for ecommerce platforms, has raised a $4 million seed round, according to a statement by the firm. Funding was led by World Trade Ventures, Silvertech Ventures, Eyal Waldman, Dovi Frances, Rafi Gidron, and Boaz Schwartz. Blyp, which has offices in both… Read More

Heavy Hitters: Max Levchin & David Sacks Invest in Returnly

Max Levchin, CEO and founder of Fintech Affirm and PayPal co-founder, has joined with PayPal’s founding COO David Sacks, via his Craft Ventures VC fund, to invest in Returnly. The high profile investors jumped aboard a $19 million Series B round. As part of the… Read More

Payments Platform Adyen Expands into Canada, Grows Client Network

The Dutch payments platform Adyen (AMS: ADYEN) has now expanded its platform’s reach into Canada. In addition, Adyen also announced that four new customers — Dollar Shave Club, Adidas, Busbud and Canada Goose — have selected Adyen as their payments processor in Canada. Key Ayden clients include Facebook,… Read More

JD.com, Central Group & Provident Capital Agree to $500M Joint Venture on Fintech & Ecommerce

JD.com, (NASDAQ:JD), China’s largest retailer, and JD Finance, along with Thailand’s largest retail conglomerate Central Group, and Provident Capital have announced an investment of up to $500 million to establish two joint ventures in Thailand covering e-commerce and fintech services, respectively. According to company representatives, the terms of the agreement indicate… Read More

NextTech Aims To Be Vietnam’s Alibaba

E-commerce company NextTech, which is based out of Hanoi, Vietnam, is aiming to become its country’s version of Alibaba. Alibaba, of course, is China’s e-commerce and technology (including Fintech) juggernaut that helped the country surpass the US in mobile payments by more than 50 times. Can… Read More

Seedrs Success Poq Raises €3.6M During Series A Funding Round

Seedrs success and cloud platform, Poq, announced this week it has secured €3.6 million during a Series A funding round, which was led by Beringea with participation from seed investors Seedcamp and Venrex. The London-based  company, which raised £332,390 through the equity crowdfunding platform in 2014, is a commerce platform for retail apps… Read More

Brief: Payment Service Provider PayU Analyzes ECommerce & Fintech Potential in Emerging Countries

On Tuesday, payment service provider, PayU, announced it conducted an analysis on ecommerce customs and fintech potential in Latin America, Central/Eastern Europe, India, and Africa at Money20/20 Europe. Findings that are featured in PayU’s report included: High growth of ecommerce in Africa. More than 65%… Read More

Online Menswear Retailer The Idle Man Quickly Raises £500,000 Equity Crowdfunding

Menswear retailer The Idle Man quickly jumped out of the gate topping £500,000 in just two days of equity crowdfunding on Crowdcube.  The funding round benefited from a single private equity group that committed £449,990.  The balance was invested by 73 individual investors.  New investors… Read More

Enclothed Gets Dragons Den Boost. Doubles £400K Equity Crowdfunding Goal

Enclothed, a bespoke shopping service that just closed its equity crowdfunding round on Crowdcube, raised £800,000 from 378 investors following a popular pitch on Dragons Den. The company initially intended on raising £400,000 but investor demand propelled the offer into overfunding boosted by the visit… Read More

Filling Empty Seats: Dealflicks Crowdfunds on AngelList and Wefunder

In its concurrent fourth tranche of funding in past two years, Dealflicks has raised $750,000, with roughly $150,000 of it coming from Wefunder so far, bringing their total raise for their cumulative seed round up to $1,545,000. In past tranches, Dealflicks raised $115K in September… Read More

Update: SHAREIGHT Surpasses £600,000 on Seedrs

We reported yesterday that SHAREIGHT, crowdfunding on equity site Seedrs, had achieved new records for speed of amount raised and total about crowdfunded.  We just received an update on their progress and SHAREIGHT now stands over £620,000 (over $1.035 million) having hit £600K in just… Read More

Celery Nabs $2M Round To Help Crowdfunders Transition To Pre-Commerce

When we first reported on payment startup Celery, the company had just come out of Y Combinator (by proxy via Airbrite) to launch a payment solution for crowdfunding project creators who had already closed a crowdfunding round. We did an in-depth interview with Chris Tsai… Read More

Crowdfunding Stakeholders Should Be Paying Close Attention To This Twitter Deal

Remember Amex Sync? Back in 2012, American Express launched the program as a joint effort with Twitter. It offered Twitter users discounts on products for tweeting certain hashtags. The possibility of Twitter entering the e-commerce game has been the subject of a lot of prognostication… Read More

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