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

PYMNTS

MercadoLibre is an eCommerce platform similar to Amazon , with its own payments infrastructure that has grown into credit, mobile payments and asset management capabilities. One difference is the use of debit cards online. It launched as the eCommerce industry took off in 2003, and has seen a surge in usage with the pandemic.

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Fintech Hall of Fame: The Top Digital Innovations in Financial Services

Fintech Labs Insights

Long before fintech was a thing (1995), I launched the first, and by most measures the biggest, newsletter during the first two decades of online/digital banking. It was called Online Banking Report and was read by a sizable portion of major industry players. Note: These are the rankings from 10 years ago.

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Metro Cash And Carry Launches App To Help India Shops Digitize

PYMNTS

Digital Shop, which was co-created with FinTech ePayLater, will allow kirana owners to track their daily and monthly sales, manage their inventory, place orders with Metro, offer digital payment options to customers and more, according to Live Mint. We are looking at new formats, yes,” Mediratta said.

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The 134 Fintech Unicorns of the 21st Century (Jan 2021 update)

Fintech Labs Insights

At FintechLIVE we maintain a list of 21st-century fintech unicorns* updated monthly (full list here ). It is the 7th fintech unicorn based in India, and the 4th most valuable. The first, Divvy, is a corporate credit card and expense management firm in the same category with Brex, Expensify, and others. trillion up from $1.25

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Backbase and Mitek Partner to Remove Onboarding Friction

Fintech Labs Insights

. “Our omni-channel banking platform enables banks to easily plug-in best of breed fintech capabilities.” Online currency exchange b-Sharpe announced it would deploy Mitek’s Mobile Verify last month, as well. ” The collaboration is an extension on the existing partnership between the two Finovate alums.

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Foot In Mouth: 43 Quotes From Big Corporate Execs Who Laughed Off Disruption When It Hit

CB Insights

Following the opening of the Amazon Go store, Saks Fifth Avenue president Marc Matrick announced he was unconcerned about the threat automation poses to traditional brick-and-mortar establishments: “When you think about the online versus the offline experience, we don’t need AI in our stores,” he said on CNBC. “We We have ‘I’. Robo-advisors.

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The Fintech Unicorns of the 21st Century (Dec 2021)

Fintech Labs Insights

At FintechLab s we maintain a list of 21st-century fintech unicorns* updated constantly ( current list here ). Full Fintech Unicorn List. In December, we added 7 new unicorns for a month-end total of 273. Their total market value is now $2.1 trillion, down $110B from last month. Unicorn count: Beginning (Dec 1) = 266. trillion. .

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