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Mollie Data Reveals Strong Black Friday & Cyber Week Sales Performance

Mollie, one of the fastest-growing financial services providers in Europe, has revealed insights into online payment trends for small and medium-sized retailers on Black Friday and Cyber Week 2022. Sales performance was much stronger than expected, Buy Now, Pay Later and local payment methods are on the rise and average transaction values have increased.

Sales performance: Black Friday is now a week-long event

Monday, November 28, 2022 - 09:48
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Financial IT
Why Online Payments Are the Next Big Thing in E-commerce 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 as ever.

Monday, November 28, 2022 - 09:38
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Financial IT
Openly Raises $75 million Series C

Founded in 2017, Openly offers home insurance products in 19 states through a network of over 17,000 independent insurance agents.

Sunday, November 27, 2022 - 14:24
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Financial IT
AtoB, the First Fintech Payments Platform to Modernize America’s Trucking Industry, Announces $155M Series B Fundraise Round

SAN FRANCISCO -- AtoB, the first fintech payments platform to modernize the $790 billion trucking industry’s broken financial system, today announced it has raised $155 million in Series B funding.

Sunday, November 27, 2022 - 14:02
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Financial IT
Pinwheel Raises $50M Series B from GGV Capital to Continue Building the Income Layer that Will Power a Fairer Financial System

NEW YORK, Jan. 18, 2022 -- Pinwheel, today announced that it raised $50M in a Series B round led by GGV Capital, with continued participation from Coatue, First Round Capital, and Upfront Ventures, as well as new investments from strategic partners including AMEX Ventures, Indeed, Kraken Ventures, Franklin Templeton, and more.

Sunday, November 27, 2022 - 13:48
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Financial IT
Cowbell Cyber Raises $100 Million in Series B Funding to Further Revolutionize Cyber Risk Underwriting
Led by Anthemis Group, funding fuels investment in go-to-market expansion, closed-loop risk management, and risk-bearing capabilities
 
Sunday, November 27, 2022 - 13:15
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Financial IT
Why UK Banks are at High Risk of IT Failures

In recent years, the UK banking industry has experienced a high level of IT failures and crashes.

Saturday, November 26, 2022 - 03:28
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Financial IT
TransUnion Scoops Double Win at the Credit and Collections Technology Awards

TransUnion, a global information and insights provider and one of the UK’s leading credit reference agencies, celebrated two wins at the Credit and Collections Technology Awards 2022, for Innovation in Credit and best Anti-Fraud Solution.

The awards highlight the success of companies that lead the way in the credit industry, with a focus on how technology supports the sector in developing and enhancing best-in-class solutions.

Friday, November 25, 2022 - 16:23
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Financial IT
Boost.ai Appoints Jerry Haywood as Chief Executive Officer

Boost.ai, a Nordic Capital-backed global leader in conversational AI for enterprises, today announced that Jerry Haywood is joining the company’s executive team as Chief Executive Officer effective December 1, 2022. Haywood brings 20 years of enterprise technology experience with him and has held various sales and senior leadership positions at IBM, Cisco, and Salesforce.

Friday, November 25, 2022 - 10:42
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Financial IT
Atom Bank Raises £30M to Fuel Lending and Further Growth

BBVA, Toscafund, and Infinity Investment Partners have agreed to invest £30 million in equity to Atom Bank to power lending and growth.

Atom Bank previously raised £75 million in February, making their funding for this year total £105 million.

Friday, November 25, 2022 - 10:29
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Financial IT

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