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American Eagle Leads $3.45M Investment In Dormify

PYMNTS

Founded by Amanda Zuckerman and her mom Karen in 2012, Dormify offers college students and post-grads tools, resources and products to create their first home away from home. Dormify will use the investment to scale talent, expand pop-up locations and enhance the online experience. Dormify announced a $3.45

New York 135
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eCommerce Co Jumia Files US IPO

PYMNTS

Founded in 2012, Jumia also became the first African unicorn startup in 2016 after a $326 funding round that included Goldman Sachs, AXA and MTN. We’re really focused on growing our existing business, leadership position, number of sellers and consumer adoption in those markets,” Poignonnec said.

US 129
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DHL Debuts Africa eShop App

PYMNTS

retailers online in markets across Africa, according to reports. Last year, the companies worked together to roll out MarketPlaceAfrica.com, an online shopping website that enables certain artisans to sell goods in DHL’s 220 delivery countries. The service is said to bring over 200 U.K.

New York 100
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WeChat Pay Rolls Out Utility To Transfer Funds Between Smartphones

PYMNTS

Ant Financial’s Alipay — WeChat Pay’s rival — launched a comparative feature in 2012 that lets users send and receive funds using a mobile number or email addresses. . We extended our market leadership as the leading mobile payment platform by active users and the number of transactions in China.”.

Mobile 110
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Facebook Executive Takes Seat On Coinbase Board

PYMNTS

Separately, Marcus said in an online post on the site Medium that “I’ve been involved with, and fascinated by, cryptocurrencies since 2012, and I’ve witnessed how Coinbase has started democratizing access to this new asset class. Among new products to debut: a custodian service for institutional investors.

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Stripe Teardown: How The $35B Payments Company Plans To Supercharge Online Retail

CB Insights

As businesses and consumers become more comfortable using credit cards online, the proportion of US commerce that takes place online has steadily increased over the last 20 years. Specifically, the Collisons aimed to more seamlessly connect online businesses and payment processors, allowing more businesses to accept online payments.

Online 98
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Macy?s Names Chief Technology Officer To Lead eCommerce Teams

PYMNTS

In addition, he worked in leadership positions at Deloitte Consulting and FedEx Kinko’s. The think tank found a decline of 410 basis points in the retailer’s apparel share as its revenues declined by $3 billion from 2012 to 2017. Before working for Home Depot, Krishna oversaw Target ’s web technology and operations.