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8 Connected-Economy Firms Expected To Light Up The IPO Market In 2021

PYMNTS

Many enjoyed huge first-day price pops, heating up the IPO market even more — and 2021 seems poised to only continue the fireworks. Popular stock-trading app Robinhood Markets reportedly recently hired Goldman Sachs to lead a possible 2021 IPO that would value the company at more than $20 billion. Then shares soared 85.8

Marketing 198
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China’s Mobile Payments Market Heats Up

PYMNTS

mobile payments market , China is light years ahead, particularly when it comes to getting consumers on board with actually using mobile payments. market hasn’t quite found the recipe for. Alibaba-backed Alipay , which is part of Ant Financial, has had the stronghold over the market, with its more than 450 million users.

Mobile 103
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FreshBooks Buys Mexico-Based Digital Invoicing Firm Facturama

PYMNTS

“In Mexico, 65 percent of small businesses do not survive past their second year, and it’s largely because of cash flow management issues,” FreshBooks CEO and Co-Founder Mike McDerment said in the announcement. Ramirez López will still be the company’s CEO, while also taking on the title of managing director of FreshBooks for Mexico.

Regional 130
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Affirm Eyes Possible IPO That Could Value POS Lender At $10B

PYMNTS

Founded in 2012, Affirm’s business lies in offering shoppers the ability to pay for goods in installments via short-term loans. The company’s financing option is visible on the checkout pages online for big brands like Walmart , Expedia Group and soon the quickly-expanding eCommerce app Shopify. WSJ reported, adding 1.6

Report 177
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Mediaocean Seeks Supply Chain Transparency

PYMNTS

The partnership expands upon several years of blockchain investments by Mediaocean, and strives to put end-to-end advertising campaign control back into the hands of marketing firms and ad agencies. It combines blockchain, advertising and payment technologies to enforce transparency in online advertising.

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Brazilian Retailer Magazine Luiza To Compete With Amazon

PYMNTS

Brazilian retailer Magazine Luiza has announced that it will be selling books online, which could be picked up in one of its almost 1,000 stores. The company is aiming to compete directly with Amazon , which launched its online Brazilian operations in 2012. Magazine Luiza shares were up 1.9 percent at R$170.31 ($43.45

Retail 108
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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