Bizongo Concludes Maiden Buyback, Liquidates ESOP Worth $3.7 Million
- 2 years 2 months ago
- E-Commerce, Payments
~70% of all eligible former and current employees liquidated their ESOPs~ ~The soonicorn offered employees ESOP at different stages of their tenure with the company~ B2B e-commerce and supply chain enablement platform Bizongo has announced the completion of its first Employee Stock Ownership Plan (ESOP) monetization program worth $3.7 million. While 102 of Bizongo’s former and current employees were eligible for the buyback, only 70% of... more
11/02 – Weekly Fintech Recap
- 2 years 2 months ago
- Artificial Intelligence, Blockchain, E-Commerce, Open Banking, RegTech, Banking, Online Banking, M&A Deals, People Moves
Partnerships Refinitiv expands collaboration with Microsoft to launch market-data powered AI Assistant in Microsoft Teams
Lightspeed Announces Direct Selling and Advertising on TikTok via Ecwid
- 2 years 2 months ago
- E-Commerce
Merchants can link their account to TikTok and grow their business via integration Lightspeed Commerce Inc., the one-stop commerce platform for merchants around the world to simplify, scale, and create exceptional customer experiences, today announced that Lightspeed eCommerce merchants using the recently acquired Ecwid integration can sell to consumers directly through TikTok.
Lightspeed Launches New Flagship eCommerce Solution to Retail Customers
- 2 years 2 months ago
- E-Commerce
Lightspeed eCommerce integrates the top features of Ecwid giving customers the tools to unlock their true omnichannel potential
4/02 – Weekly Fintech Recap
- 2 years 2 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 2 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 2 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 3 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 3 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?
- 2 years 3 months 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
- 2 years 3 months 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
- 2 years 3 months 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
- 2 years 3 months 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
- 2 years 3 months 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
- 2 years 3 months 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