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Klarna’s Value Hits $10B With Latest Investment Round

PYMNTS

Swedish FinTech Klarna is aiming to raise $500 million as it looks to fuel the expansion of its growing digital payments and online shopping business in the U.S. market, a new report states. Founded in 2005, Klarna has previously stated that the U.S. is poised to become its largest market. billion in August of 2019.

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Online Marketplaces Catching Up To Offline World

PYMNTS

Why should merchants be the only ones who get to leverage the speed, convenience and low-friction environment of the online marketplace? The big box retailer has been investing heavily in its online marketplace, and recently invited international vendors onto its platform. As it turns out, they aren’t.

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Canada’s Lightspeed POS Inc Raises $179M In IPO

PYMNTS

The company, which had early investors such as Caisse de Depot et Placement du Quebec, has over 700 people in its employ and was started in 2005. however, “has seen its market share shrink by about two thirds since its 2017 debut,” according to the outlet. National Bank Financial, JPMorgan Chase & Co.

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Olo Aims To Go Public In 2020 With Possible $1B Valuation

PYMNTS

Food software startup Olo, named after the phrase “online ordering,” has plans to file an initial public offering (IPO) in 2020, according to a report from Bloomberg. The IPO market has seen several recent moves by food delivery companies. Olo was originally started as a text message food ordering service in 2005.

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Fiserv CEO Jeff Yabuki to Speak at Bank Innovation 2017

Bank Innovation

Yabuki joined Fiserv in 2005. Fiserv CEO Jeff Yabuki has joined the speaker faculty of Bank Innovation 2017, taking place March 6-7 in San Jose. Under his leadership, the company has grown revenue to exceed $5 billion annually, and serves more than 13,000 institutional clients. Fiserv also supports this site’s Read More.

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The Great Online Innovation Pile On Of 2017

PYMNTS

There seems to be an awful lot of piling on these days on the big online platforms. Take a look at this chart, which lays out grocery chain market share. Walmart has the largest market share at 14.2 When Amazon was just about selling books online, its competition was the physical bookstore. It’s Not Easy Being Big.

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Twitch Buys Bebo In eSports Push

PYMNTS

Bebo began in 2005 as a social networking platform by Michael and Xochi Birch. It was said to have become “the market leader” in some countries such as Ireland and the U.K. Then it reportedly pivoted again into the organization and operation of streaming tournaments. Most estimates for 2018 are approximately $900 million.