E-Commerce

4/02 – Weekly Fintech Recap

2 years 11 months ago
APIs, Artificial Intelligence, Blockchain, Digital banking, E-Commerce, RegTech, Payments, Banking, Data, Corporate, Infrastructure, M&A Deals, People Moves

Partnerships Nium and FINCI announce partnership to strengthen payment services internationally Fintech company FINCI announced a partnership with global payments and cards issuance leader Nium, that will leverage Nium’s competitive FX rates and extensive pay-out network in strategic markets across the APAC and EMEA regions. The collaboration will enable real-time payments to new markets and improve services to existing regions for FINCI’s... more

Behalf, Inc. CEO: Four Things to Watch for in B2B Finance

2 years 11 months ago
E-Commerce, Financial

Bigger investments in digital commerce lead to new financing opportunities and more buying power for small and mid-sized business

Moglix Raises $250 Million at $2.6Billion valuation, Delivers 80x Return To Seed Investors

2 years 11 months ago
E-Commerce, Fundraising News, Investment

Moglix has raised $250 Million in its latest Series F funding round, at a valuation of $2.6 Billion. This investment was led by Tiger Global and Alpha Wave Global with Hong Kong based Ward Ferry coming onboard as a new investor. In 2019, Moglix was the first B2B sector investment in India by Tiger Global which continued to double down and invest in Moglix over the last 3 years. Early investors, who had invested in Moglix during the seed stage... more

Square and Ally Team Up to Streamline Transactions and Delivery Opportunities for Businesses

2 years 11 months ago
E-Commerce, Payments

Ally, Inc. is excited to announce a brand-new collaboration with Square, Inc, the globally trusted software, payments and hardware solution for businesses of all sizes. Through this partnership, Ally and Square will offer restaurant, retail, and eCommerce businesses a fully integrated suite of tools designed to maximize profits, reduce costs, and streamline deliveries to loyal customers.

Paya Announces Acquisition of VelocIT

2 years 11 months ago
E-Commerce, Payments

Paya Holdings Inc. , a leading integrated payments and commerce solution provider, today announced the acquisition of VelocIT Business Solutions (“VelocIT”).

14/01 Weekly FinTech Recap – What’s the Hottest?

3 years 6 hours ago
Blockchain, Digital banking, E-Commerce, Security and Compliance, Investment, Payments, Cloud, Security, Data, FinTech StartUps, IT Innovations, Risk Management, Corporate, M&A Deals, People Moves

Several launches of new solutions, NFT creations, job moves, and collaborations took place at the beginning of January 2022. Which ones are worth reading? Launches New solution for trade finance intermediaries

Snapdeal Joins Hands with BOB Financial and NPCI to Launch co-branded Contactless RuPay Credit Card

3 years 23 hours ago
E-Commerce

Snapdeal, India’s leading value commerce platform, has joined hands with BOB Financial and NPCI to launch a co-branded contactless RuPay credit card that aims to popularise the adoption & usage of credit cards among the growing number of online buyers from India’s smaller cities and towns. The co-branded credit card will be equipped with contactless features and will be offered on the RuPay platform.

Bizongo acquihires edtech Hexa

3 years 2 days ago
E-Commerce, SaaS

First ever acquihire by the B2B SaaS as it looks to add 100 people by December 2022 B2B ecommerce and supply chain enablement platform Bizongo, announced today the acquihire of Bengaluru based Hexa, a cloud platform for college placements. This is the first ever acquihire by the B2B SaaS platform, as it gears to innovate and launch new products in the made-to-order segment in the coming months.

Fintech Juni Expands Leadership Team with new VP of People

3 years 3 days ago
E-Commerce

Dee Janssens, previously at Netflix and Uber, joins Juni as Vice President of People The news comes as Juni was listed as Europe’s fastest-growing fintech startup in 2021, with a 644% team growth and employees spread across over 30+ countries

Red Dot Payment Selects Radar Payments by BPC to take on global eCommerce Fraud Prevention

3 years 1 week ago
E-Commerce, Payments

Next generation payment processing company, Radar Payments by BPC, has been selected to tackle eCommerce fraud prevention by Singapore's largest home-grown online payment solutions fintech Red Dot Payment (RDP), an e-commerce enabler focused primarily on serving the e-commerce and hospitality verticals.

Instamojo Launches its First Digital Campaign ‘Mojo Stars’, Celebrating the Success of DTC Businesses on its Platform

3 years 1 week ago
E-Commerce

Mojo Stars will be a six-month campaign running across the digital channels of Instamojo · The success of sellers on the Instamojo platform from all corners of India will be featured as part of the campaign, celebrating their growth as entrepreneurs

Snapdeal Appoints Retail Veteran Himanshu Chakrawarti as President

3 years 3 weeks ago
E-Commerce

Snapdeal Limited, India’s leading value e-commerce platform, today announced the appointment of Himanshu Chakrawarti as President of the company. Himanshu will lead various functions at Snapdeal to drive the company’s Bharat-focused, value commerce strategy and steer various growth-related and operational initiatives.

Bizongo Announces $110mn in Series D Round Led by Tiger; Launches India’s First IoT Enabled ‘cloud Factory’ to Digitise Manufacturing

3 years 3 weeks ago
E-Commerce, Management

Bizongo announced its latest fundraise of $110 million in Series D round led by New York-based Tiger Global Management. The B2B ecommerce and supply chain enablement platform, also launched India’s first IoT powered ‘cloud factory’ for made-to-order goods. This SaaS based solution will enable manufacturers to provide their customers with real-time visibility, control, and intelligence across the entire supply chain. The latest tech innovation... more

Hepsiburada Announces Plans to Acquire Consumer Finance Company in Turkey

3 years 4 weeks ago
E-Commerce

D-MARKET Electronic Services & Trading ("Hepsiburada", or the "Company"), a leading Turkish e-commerce platform, today announces the entry into a definitive agreement to acquire Doruk Finansman A.Ş., a Turkish consumer finance company ("Doruk Finansman").