Cryptocurrency payments platform BitPay announced on Wednesday it has teamed up with Jomashop, a luxury goods retailer. Through the collaboration, Jomashop will now be accepting cryptocurrency online as a way to attract new customers and sales, and expand payment options for its global clientele…. Read More
Bakkt Holdings, LLC, a U.S.-based digital asset marketplace, announced on Thursday it has teamed up with Cantaloupe, Inc. (NASDAQ: CTLP), a digital payments and software services company, to provide cashless experience for consumers to spend digital assets at retail devices. Bakkt reported that through… Read More
Snap Finance announced on Wednesday it has joined forces with Affirm to offer additional pay-over-time financing options to Affirm customers. Snap and Affirm further revealed that help retailers offer a pay-over-time option that takes into consideration more than a consumer’s credit score when making… Read More
Payment processing and global retail banking platform Klarna announced on Monday it secured $1 billion through its equity funding round to accelerate international expansion and further capture global retail growth. Klarna revealed that the round, which subscribed four times the amount it originally sought to raise, included… Read More
Mastercard announced on Friday it has launched frictionless retail technology solutions in order to enable touchless economy. The financial giant reported it has partnered with Circle K, Delaware North, Dunkin’ Donuts, and White Castle to “reimagine” the consumer “shopping journey.” “As merchants navigating the impacts… Read More
Digital bank Revolut announced on Wednesday the launch of Open Banking for its more than one million retail and business customers in Ireland. According to Revolut, the new Open Banking feature allows retail customers in Ireland to connect their AIB, Permanent TSB, Ulster Bank,… Read More
Thyngs, a UK-based mobile technology platform, announced on Friday it has launched its touch-free technology solution to help make integration and transaction experiences safer for retail and hospitality customers. This technology was created during the COVID-19 pandemic and lockdowns. “The latest iteration of the… Read More
Payment processing platform Klarna has teamed up with Swedish multinational clothing-retail H&M to launch Pay Later options in the U.S. According to H&M, the payment solution in the U.S. enables a “frictionless” and flexible checkout for customers across all channels. Stefan Vos, CFO of H&M… Read More
Thread, a new spin on the retail experience that combines artificial intelligence with stylists, is set to close its equity crowdfunding campaign on Crowdcube later this evening with more than £2 million in funding thanks to over 3250 investors. The funding round was launched last month and… Read More
Wyre, a U.S.-based money transfer service, announced this week it has entered into an account transfer agreement for the sale of its retail money transfer business to money transfer firm, WorldFirst. This news comes just after Wyre announced its API was being extended to dapps… Read More
Square announced this week the launch of its Square Reader SDK, which is described as a complete toolkit that enables developers to reimagine the checkout experience for both sellers and buyers. The fintech firm reported that Square Reader SDK is a set of developer tools… Read More
Kony, Inc., an enterprise mobility and digital applications company, announced on Tuesday the launch of its new digital banking solution, Kony DBX. This launch of the solution comes just a little over six months after the expansion of Kony’s digital banking marketplace. According to Kony, the Kony DBX… Read More
Pine Labs, an India-based digital payments platform, has secured $82 million through its latest investment round, which was led by Actis Capital, with participation from Altimeter Capital. Founded in 1998, Pine Labs stated it began its journey with specialty payment & loyalty solutions for closed-user group… Read More
Nucleus Vision, a contactless identity management system and retail loyalty program, says it has reached its $40 million hard cap with the backing from several prominent blockchain-focused investment firms including Alphabit Digital Currency Fund, FBG Capital, Kenetic Capital, Turiya Ventures, and BlockAsset. The new capital will be used for… Read More
Rock and Roost, a UK-based online retailer, has launched an equity crowdfunding campaign on Crowdcube seeking £275,000. The platform revealed that it provides ‘make to order’ furniture and other homeware to UK customers, plus a SaaS solution to SMEs to drive supply chain efficiencies. It has… Read More
Since 2011, the UK technology sector has seen £28 billion invested into it – a sum which means it is the largest tech investment in the European Union. France has received £11 billion in investment since 2011, while Germany has gained £9.3 billion. In… Read More
On Tuesday, Indiegogo announced six of its funded projects are now available at retailer Brookstone’s stores and website. The companies formed a partnership less than two years ago. “You came to Indiegogo to find the latest and most innovative products before they go mainstream. But… Read More
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
Offering up its insight on e-commerce retail, OurCrowd announced theories on the industry and its current state. The platform shared: “E-commerce has become a market segment with a number of multi-billion dollar companies in just a few short years. With holiday season retail sales reports coming… Read More
Stylect (from style and select), described as Tinder for Shoes, has easily jogged past its £750,000 minimum funding goal on AngelsDen. The campaign launched on November 30th with 90% of funds already pledged – indicative of a trend in equity crowdfunding where much of the… Read More
Crowdfund Insider is the leading news and information web site covering the emerging global industry of disruptive finance including investment crowdfunding, Blockchain peer-to-peer / marketplace lending and other forms of Fintech.
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