Latest E-commerce News: Finextra Research

Company update/payments

Komerční Banka makes equity and debt investment in Lemonero

Fintech startup Lemonero, provider of AI-driven embedded financing platform for e-commerce, announces a substantial investment provided by Komerční banka, member of the Société Générale Group.

16 June 2022

Company update/E-commerce

Veon Ventures makes $15m Series A investment in Dastgyr

VEON Ltd. (NASDAQ: VEON, Euronext Amsterdam: VEON), a global digital operator that provides mobile connectivity and services, announces today that the Group’s VEON Ventures division has completed a US$ 15 million investment as part of a Series A round for Dastgyr, a Pakistan-based B2B e-commerce marketplace platform.

14 June 2022

News/startups

Bits of Stock raises $4.4m

Bits of Stock, a rewards platform that lets shoppers automatically earn fractional shares, has raised $4.4 million in seed funding from Keen Venture Partners and Yellow Accelerator by Snap.

14 June 2022

Company update/payments

BR-DGE and Trust Payments partner to expand payment offering to merchants

Leading payment orchestration provider BR-DGE has partnered with global fintech disruptor Trust Payments to provide its merchants access to Trust Payments’ suite of Converged Commerce™ offerings.

09 June 2022

Company update/payments

Nexi and Zuora collaborate on e-commerce payments gateway for subscription management

Nexi, the European PayTech, and Zuora, the leading cloud-based subscription management platform provider, announce a strategic partnership in the ecommerce sector: XPay, the gateway of Nexi for e-commerce, is now powered by payment services from Zuora.

09 June 2022

Company update/retail

Banca Sella brings Italian SMEs to Alibaba.com

Supporting Italian SMEs in their international business projects of growth, development and competitiveness, taking advantage of the great opportunities offered by digital export: this is the purpose of the agreement signed by Banca Sella and Business Vision, a company specializing in digital commerce development and an Alibaba's Global Service Partner that will allow Italian SMEs to land on the B2B marketplace and thus expand their presence in foreign markets.

09 June 2022

News/startups

Fintech Juni raises $206M in equity and debt

Swedish company Juni, a neobank aimed at e-commerce entrepreneurs, has closed on $206 million in Series B and venture debt funding.

09 June 2022

News/regulation

Stripe launches authentication feature for fast SCA checkout

Stripe has signed up Wise as the first user of a new biometric delegated authentication feature for strong customer authentication (SCA) transactions.

08 June 2022

News/payments

Apple launches BNPL product

Apple has jumped into the buy now, pay later market, enabling US customers to to split Apple Pay purchases into instalments.

06 June 2022

News/crypto

Fung raises $2.7m to unify crypto and fiat payment rails

Dutch startup Fung has raised $2.7 million in pre-seed funding for its mission of unifying crypto and fiat payment rails.

06 June 2022

Company update/payments

Bexs Pay seals partnership with Nubank

Bexs Pay, a pioneer in cross-border transactions, has just sealed yet another partnership to provide Brazilians with easier access to international products and services.

02 June 2022

Company update/payments

Mastercard leads $40 million round in Saudi Arabia's HyperPay

Mastercard, a technology leader in the global payments industry, has announced a strategic partnership Saudi Arabia-based HyperPay, the fastest growing e-commerce payments services provider in the Middle East and North Africa (MENA), to drive the adoption of digital payment solutions across the region.

26 May 2022

News/payments

Matchmove acquires e-commerce firm Shopmatic

Souteast Asian emebedded finance firm MatchMove has acquired e-commerce specialist Shopmatic in a $200 million deal.

23 May 2022

Company update/people

Novo speeds up e-commerce payments; hires former Kabbage CFO Kevin Phillips as EVP of lending

Novo, the powerfully simple financial platform for small businesses, today announced that the company has brought on Kevin Phillips, former CFO at small business lending company Kabbage, to launch and scale Novo’s lending business.

18 May 2022

Company update/payments

Adflex adopts Click to Pay service from Mastercard

B2B payments specialist, Adflex, today announced the release of Click to Pay to its merchants, expanding the company’s partnership with Mastercard.

18 May 2022

Company update/payments

Krepling releases one-click wallet for e-commerce

Krepling, one of the fastest growing e-commerce platforms on the market, has announced the launch of the world’s first agnostic digital wallet for ecommerce, Krepling Pay.

16 May 2022

News/payments

Ebury buys Bexs to expand international payments to Brazil

Ebury, the Banco Santander-backed provider of corporate banking services to SMEs that trade internationally, has agreed to buy Bexs in a move that expands its international payments offering to Brazil.

12 May 2022

News/security

Google brings virtual cards to Chrome and Android

Google is working with Visa, Mastercard and American Express to bring virtual cards to Chrome and Android.

12 May 2022

Company update/payments

Mollie named a BigCommerce Preferred Technology Partner

Mollie, one of Europe’s fastest growing payment service providers, today announced it has been named a Preferred Technology Partner by BigCommerce, a leading Open SaaS ecommerce platform for fast-growing and established B2C and B2B brands.

11 May 2022

News/security

Nationwide stops 2000 more frauds a month with SCA rules

Nationwide Building Society says that the introduction of Strong Customer Authentication (SCA) rules in March is helping it stop 2000 cases of online card fraud a month.

11 May 2022