Latest E-commerce News: Finextra Research

Aussie buy-to-earn startup Hello Clever raises A$4.5m

Hello Clever, an Australian 'buy-to-earn' startup that gives shoppers real-time cashback, has raised A$4.5 million in seed funding.

24 August 2022

News/payments

Prometeo launches Latin America's first A2A payments platform

Prometeo Open Banking has launched what it claims is the first pan-regional Account-to-Account (A2A) payments offering in Latin America.

22 August 2022

Company update/startups

CabbagePay arrives in major US cities

FinTech startup CabbagePay has officially launched in major US cities with its goal to redefine the way money moves for all businesses, as it continues to penetrate brands, stores, websites, and apps.

19 August 2022

News/payments

Adyen share tumble on H1 results

Shares in Adyen fell by more than 10% in morning trading as strong first half revenue growth was offset by squeezed profit margins. Separately, the Dutch payments processor has unveiled its own range of in-house designed terminals.

18 August 2022

Company update/startups

Paysend launches UK store for SMEs

Paysend, the UK-based fintech with over 7 million customers, today announces the launch of Paysend Store for UK merchants.

18 August 2022

Company update/payments

Aussie payments provider Pin Payments expands to New Zealand

Australia’s online payments provider Pin Payments has recently expanded its offering to New Zealand.

18 August 2022

Company update/people

AstroPay names Sofía Lanza chief banking officer

AstroPay, the payment solution of choice for millions of users globally, has appointed Sofía Lanza as Chief Banking Officer, as the company moves forward with its expansion plans into new markets and verticals.

11 August 2022

News/people

E-commerce lender Clearco axes 125 jobs

Canadian e-commerce lender Clearco is laying off 125 people - about 25% of its workforce - as it faces up to a slowdown in the sector and the wider economic downturn.

02 August 2022

Company update/payments

Rakuten Viber taps Rapyd for in-app payments

Rapyd, the leading global fintech platform, is partnering with Rakuten Viber, a worldwide leader in private and secure messaging and voice-based communication, to introduce in-app payment transactions to the Viber app and its millions of users.

29 July 2022

Company update/payments

B2B payments platform Balance closes $56m Series B

Balance, the leader in B2B marketplace and eCommerce payments, today announced a $56 million Series B fundraise, bringing the company’s total funding to $87M. The round was led by Forerunner Ventures with support from Salesforce Ventures, Hubspot Ventures, Lyra Ventures, and Gramercy Ventures.

26 July 2022

Company update/payments

Alipay announces measures to support merchants' digital transformation

Alipay, the leading digital open platform, today announced a number of measures to build up its efforts to support merchants as their operations become increasingly digital.

21 July 2022

News/startups

Charles raises $20m to unlock e-commerce in WhatsApp

Conversational commerce startup Charles has raised $20 million in Series A funding to help European sellers benefit from e-commerce in WhatsApp.

21 July 2022

News/payments

Google Wallet starts rolling out worldwide

The new Google Wallet has begun appearing on phones in dozens of countries as the tech giant tries to reboot its mobile payments system.

20 July 2022

News/payments

Southeast Asian countries prep QR code payment interoperability

The central banks of five major Southeast Asian countries are working to link up their QR code-based payments systems, according to Bloomberg.

20 July 2022

Company update/payments

Payments startup mx51 raises $32.5m

Payments technology company mx51 has successfully raised $32.5 million in a Series B round led by an undisclosed global fintech investor. Major existing investors including Mastercard, Acorn Capital, Commencer Capital, Rampersand and Artesian participated in the latest financing.

19 July 2022

News/payments

Instagram adds payments in chat

Instagram users can now buy products from small businesses using Meta Pay within the app's chat function.

18 July 2022

News/startups

Qori launches multi-channel pay by bank and pay by crypto tech

French startup Qori has launched, enabling Europeans to pay in store, remotely or online with their bank or crypto wallet without having to download a proprietary app.

12 July 2022

News/payments

Interac adds backup supplier following Rogers outage

Canadian debit network Interac is adding a backup network provider in the wake of last week's massive outage at Rogers, which left millions of customers unable to make payments.

11 July 2022

Company update/startups

DEUNA raises $37 million to expand e-commerce in LatAm

DEUNA, the commerce operating system that enables a 1-click checkout buying experience and an expanded sales network for e-commerce merchants, today announced it has raised a total of $37M including a $30M Series A round led by Activant Capital with participation from Valor Capital, Abstract Ventures, Acrew Capital, Upload Ventures (formerly Softbank Early Stage) as well as founders from Plaid, Kavak, Jeeves, Xepelin, iFood, R2, and others.

08 July 2022

News/payments

Bolt settles suit with customer Authentic Brands Group

Bolt has reached a settlement with one of its largest customers, which sued the check-out payments company over claims of faulty technology.

06 July 2022