Remove America Remove Capital Remove Marketing Remove Online
article thumbnail

Latin America Entices B2B FinTech Investors

PYMNTS

It was a big week for B2B FinTech startups in Latin America. “Latin America is a highly attractive growth market for us, and the acquisition of Omni will significantly expand our capabilities in this important region,” the firm’s Founder and CEO Lex Greensill said in a statement. Remessa Online.

America 182
article thumbnail

MercadoLibre: The ‘Amazon Of Latin America’ Spreads Its Wings

PYMNTS

Imagine if a North American company had the market share of Amazon, the payment flexibility of PayPal and the credit portfolio of Visa. In Latin America, such a company exists in the form of MercadoLibre , a triple-threat regional financial powerhouse based in Argentina. It now operates in 18 countries in Latin America.

America 248
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Nuvemshop, Latin America's Shopify, Raises $30M

PYMNTS

Nuvemshop , a Latin American alternative to Shopify, has raised $30 million in a venture capital round as it tries to boost business, according to reports. The four intended to start a new marketplace software product for the Latin America region.

America 215
article thumbnail

PayPal Invests $11M In Online Return Service

PYMNTS

PayPal ’s venture capital arm has invested $11 million in online returns service Happy Returns. “Happy Returns is building a network of physical return locations called Return Bars to enable in-person returns from online shoppers.”

Online 164
article thumbnail

Pizza Delivery Platform Slice Nets $43M To Boost Online Ordering

PYMNTS

Online pizza delivery firm Slice was the beneficiary this week of a $43 million investment from private equity firm KKR & Co. The investment, according to spokesman Jake Heller, co-head of KKR’s Technology Growth team in North America, comes as a way to get involved with more small businesses.

Online 133
article thumbnail

Bank Of America Adds $4B To Reserves Even As COVID Boosts Mobile And Digital Users

PYMNTS

Bank of America reported Thursday (July 16) that that the number of customers using the firm’s mobile and digital platforms grew during the second quarter even as the pandemic raged. Bank of America also reported that sales and trading revenue rose 35 percent to $4.4 BofA said its provision for credit losses hit $5.1 billion for U.S.

America 144
article thumbnail

New Report: SMS-Based Outreach Helps Merchants Authenticate Consumers, Boost Online Sales

PYMNTS

Businesses and financial institutions (FIs) are constantly examining ways to make their customers’ accounts more secure, especially as more consumers go online to make purchases and transact during the ongoing COVID-19 pandemic. It also found that just 16 percent of U.S. About The Tracker.

Online 272