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BigCommerce Increases IPO Pricing Window To $21-$23 Per Share

PYMNTS

Online shopping technology provider BigCommerce Holdings is increasing its potential pricing and appended insider selling as it plans to go public, according to reports. Tiger Global Management plans to buy as much as one-fifth of the shares in the IPO. Tiger Global Management plans to buy as much as one-fifth of the shares in the IPO.

Austin 164
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MGM Resorts Appoints Acting Chief Executive Officer

PYMNTS

Bill is one of the most experienced operators in the business and we have confidence in his ability to bring this company back online.”. He also served as a Las Vegas Convention and Visitors Authority board member from 1999 to 2003. He is a Providence Equity Partners senior managing director emeritus.

Las Vegas 130
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KKR To Acquire German Digital Payments Firm Heidelpay

PYMNTS

Founded in 2003, Heidelpay enables its clients to accept online and mobile payments and is used by more than 30,000 merchants, including companies such as L’Oréal. The co-founders of Heidelpay and the existing management team kept a minority stake in the business.

Payments 136
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Yotpo Joins UPS eCommerce Tech Program For SMBs

PYMNTS

“This exciting relationship with Yotpo offers the marketing and shipping tools that SMB customers need to quickly, cost-effectively and smartly propel their operations forward,” said Michele Peters, senior manager of UPS Global eCommerce marketing, in a statement.

Atlanta 160
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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.

Metro 110
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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.

America 248
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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. And each January, we ranked all previous recipients into a master list.