PYMNTS

MAY 6, 2020

CEO Jack Dorsey noted on the earnings call that new and existing sellers continued to transition from in-store commerce to online channels, aided by curbside pickup and delivery. As of April 20, Square Online Store weekly GPV was $59 million, up fivefold since earlier in the year. Customers had more than $1.3

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Gonzobanker

DECEMBER 22, 2020

This Year was brought to you by the number 2020 and the letters W, T and F” – Big Bird (more or less). Sit back and enjoy our take on the best and worst of banking in 2020 as you celebrate the holidays. Most Oft-Heard Statements of 2020. Kudos to blazing new trails that many institutions are taking on in 2020.

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PYMNTS

OCTOBER 15, 2020

Even online merchants who offer customers extended warranties at the time of sale traditionally see about a 4 percent or 5 percent conversion rate. Meritech Capital led the funding round, with participation from existing investors Great Point Ventures and Shah Capital Partners. Extend (@HelloExtend) October 5, 2020.

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PYMNTS

MAY 22, 2020

Bad news hit the startup community this week as new analysis from CBInsights revealed a significant decline in venture capital (VC) funding in the first quarter of 2020. In addition to invoice finance, the company offers SMBs a range of other solutions, including order management and online payments tools. Apollo Agriculture.

Capital 141

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PYMNTS

JULY 30, 2020

The company almost doubled its revenue and profit numbers while spending more than $9 billion on capital improvement projects. Online grocery sales tripled. Other capital expenditures went to fulfillment, transportation and investments in Amazon Web Services. Among those numbers: Operating cash flow increased 42 percent to $51.2

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PYMNTS

JANUARY 8, 2021

FinTech leaders in China started scrambling for capital in November 2020 when regulators first started cracking down on financial services and payments firms. The regulator enforces China’s digital censorship rules, but specific definitions weren’t developed when the agency was created in 2000.

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PYMNTS

JANUARY 24, 2020

While businesses have more sources of capital than ever before, from bank loans to initial coin offerings to alternative online investments, experts are urging small to medium-sized businesses (SMBs) to take a strategic approach to their fundraising efforts — often by combining a variety of funding sources to mitigate risk.

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PYMNTS

NOVEMBER 20, 2020

Chipper CEO Ham Serunjogi confirmed on Twitter the startup, which got its initial foothold in the market as a peer-to-peer (P2P) payments service, has just wrapped up a $30 million Series B round of venture capital. Ribbit Capital, a VC firm in the U.S. And the investments have kept coming in 2020. Stripe, the U.S.-based

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BankBazaar

JANUARY 9, 2020

Let’s take stock of the key insights garnered from the Moneymood 2020 report presented by BankBazaar. BankBazaar , India’s leading online marketplace for financial products has launched the second edition of the BankBazaar Moneymood ® 2020 report. have fared in the last year. lakh) and men (Rs. lakh) was low. Explore BankBazaar.

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PYMNTS

NOVEMBER 6, 2020

We have deep dives on digital payments, online ordering and memberships. From Online Ordering to Cupcake ATMs: How Sprinkles Prepared for the Pandemic. Data Analytics Changes the Working Capital Management Paradigm. Data Analytics Changes the Working Capital Management Paradigm. Fun, Cool and Otherwise Interesting.

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PYMNTS

SEPTEMBER 9, 2020

Bitdefender said in its Mid-Year Threat Landscape Report 2020 that four out of 10 pandemic-themed emails in the first half of the year on average were tagged as spam. “As Attempts to infect users with ransomware in 2020 have not slowed down.

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PYMNTS

SEPTEMBER 7, 2020

Despite the pandemic, venture capital dollars are flowing freely to nascent firms in Asia that are tackling the need for contactless interactions and platforms that match supply and demand — setting the stage for innovation on the other side of the public health crisis.

Capital 298

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Perficient

JUNE 30, 2022

Members of Perficient’s Digital Asset Team have advised followers in multiple online articles about the digital asset revolution and relevant regulations affecting the same in the United States. A very significant milestone was reached when the Central Bank of the Bahamas created the Sand Dollar in October 2020. Crypto Conference.

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PYMNTS

FEBRUARY 26, 2019

Online lender Social Finance (SoFi) is launching two free exchange-traded funds (ETFs). The funds are free until at least March 27, 2020, with the waived fee being listed in the filing as 0.19 Citing regulatory filings, Bloomberg reported that the funds — set to waive management charges for at least the first year — will focus on U.S.

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PYMNTS

NOVEMBER 27, 2019

Jack Ma’s FinTech firm has its eye on new companies in emerging markets that focus on payments and online financing, the source said, confirming a DealStreet Asia report. . Revenue at Zomato this week was reported at $205 million for the first half of the 2020 financial year, an increase of 225 percent from the same time last year.

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PYMNTS

AUGUST 4, 2020

The first half of 2020 was a tough time to run a small business on Main Street as stay-at-home orders closed down restaurants and retailers for much or all of the past five months. percent have added or improved upon existing online order-ahead for pickup features, while 50.1 According to our survey, 71.7 Additionally, 49.4

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PYMNTS

JANUARY 10, 2020

58 Home is reportedly one of the country’s leaders in enabling consumers to find services online ranging from house cleaning to flower delivery. The business is looking for funds to back an expansion into the competitive online services space in China. The company is owned by 58.com as well as Meituan Dianping. .

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PYMNTS

DECEMBER 18, 2020

Digital trust-and-safety company Sift said that 2020 has been a “banner year” for online shopping sales, but that scammers have modified their approaches to take advantage of the boom, according to an announcement.

Report 333

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PYMNTS

OCTOBER 11, 2020

8) that it had received $200 million in new capital from existing investors Valiant Peregrine Fund and D1 Capital Partners, boosting Instacart's valuation to $17.7 Instacart said it has already surpassed its 2025 milestones and is tracking to exceed $35 billion in grocery sales in 2020, PYMNTS reported.

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PYMNTS

SEPTEMBER 3, 2019

Those innovations did more than just leverage digital and connected devices to make it easier for consumers and businesses to interact and to effectively blend the online and offline worlds. What’s less visible is the restaurant brand and the loyalty that comes with a more traditional online or mobile ordering experience.

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PYMNTS

DECEMBER 16, 2020

Wish, founded in 2010 by former Google engineer Peter Szulczewski , has become known as a market for low- and middle-class shoppers, gaining it a reputation as an online dollar store, CNBC reported. s largest eCommerce marketplaces, which has become especially relevant as the pandemic has driven people to shop online more than they ever have.

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PYMNTS

JANUARY 15, 2021

In today’s top digital-first banking news, Goldman Sachs has selected FinTech startup Marqeta to power digital checking accounts for Marcus, while California credit card startup X1 notched $12 million in a funding round headed up by Spark Capital. economy had moderate gains in the pandemic year of 2020.

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PYMNTS

AUGUST 3, 2016

We all know — and keep hearing almost ad nauseam — all about how the rise of online shopping is changing the very face of the retail industry and consumer habits. Online Shoppers Are Reshaping The Retail Experience,” attempts to forecast just exactly what retail might look like come 2020.

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BankBazaar

JANUARY 22, 2020

If your resolution for 2020 is to travel more, we’ve got you covered. Presenting 6 must-visit countries that you can travel to in 2020 WITHOUT A VISA. If your resolution for 2020 is to travel more, we’ve got you covered. Presenting 6 must-visit countries that you can travel to in 2020 – WITHOUT A VISA!

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PYMNTS

DECEMBER 16, 2019

I’ve connected a few of the dots from over the last decade that I believe will shape how the world will evolve in the 2020s, as well as the role of payments in driving that change. 2020 Trendline One: Rapid Acceleration Of Cash To Digital Payments. 2020 Trendline Two: The Rise Of On-Call Commerce.

Payments 180

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PYMNTS

OCTOBER 12, 2020

N26 already has raised nearly $800 million in venture capital, Bloomberg reported, including a $100 million round in May 2020. FinTech companies are expected to benefit over the long term from customers’ shift to online banking due to COVID-19. Venture capital investment in Europe’s FinTech industry has surpassed $35.4

Fintech 268

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PYMNTS

JANUARY 22, 2021

Investors in the latest financing included Prospect Avenue Capital, Guiotai Junan International, and Nan Fung Group. Lighthouse Capital served as the exclusive financial adviser. A Series B round conducted in October 2020 raised $100 million. Banana Gaming has operations in Shanghai and Seoul, Korea.

Nevada 180

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PYMNTS

JANUARY 13, 2021

The demand for online payments has skyrocketed following the restrictions due to the effects of COVID, and as a company, we are well placed to provide businesses across the globe with the solutions they need and to get them up and running fast,” Rapyd Co-Founder and CEO Arik Shtilman said in a Wednesday (Jan. 13) press release. . “The

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PYMNTS

DECEMBER 8, 2020

The surge in automotive online purchasing traffic sparked by the pandemic has led to increased demand for eCommerce. American Honda has worked with Modal, formerly Drive Motors, since late 2018 to create branded online buying tools for Honda and Acura. 8) of a $15 million Series A financing.

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PYMNTS

DECEMBER 30, 2020

With trade shows canceled and enterprise digitization accelerated, 2020 was a big year for the adoption of B2B eCommerce. As the trend proliferated, it opened up new opportunities for businesses to migrate their payment workflows online, too. Embedded Finance.

Online 302

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PYMNTS

OCTOBER 15, 2020

While the comeback has not yet resulted in higher new vehicle sales, Comscore reported this week that online new vehicle shopper interest has rebounded from its lowest point during the pandemic. In August 2020 over 1.3 million new vehicle sales, up from about 710,000 in April 2020. Starting Thursday (Oct.

Tools 189

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PYMNTS

NOVEMBER 4, 2020

The tie-up connects one of the globe’s top online shopping platforms with one of the globe’s top cloud point-of-sale (POS) firms, according to the announcement. Our customers must move to capitalize on the growing demand for online retail,” Epos Now Chief Growth Officer Barbara Staruk said in the announcement. “Our

Payments 222

Payments Retail Online Software 222

PYMNTS

DECEMBER 17, 2020

United Kingdom retailers saw the equivalent of €706 million ($827 million) in card fraud losses in 2019, for example, and the pandemic is expected to add to these woes as it pushes more retail shopping online. Walgreens On Stopping Promotion Abuse Fraud Through Online Deals. About The Tracker.

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PYMNTS

FEBRUARY 20, 2020

Online food delivery company HungryPanda has raised $20 million in a funding round led by Antoine Nussanbaum from Felix Capital and Laurel Bowden from 83North, according to a release. is strategically important to us, and it will be our primary focus in 2020,” said Eric Liu, CEO of HungryPanda. “We ANZ and Europe.

Capital 141

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PYMNTS

NOVEMBER 13, 2020

Ozon , the Russian online retailer, is upping the ante and boosting its planned IPO by half, as it pushes closer to making its debut as a public company. That’s up from a previous target of $500 million , an increase of $250 million, as Ozon’s revenue soars amid a shift to online shopping. The next developments will hinge on the U.S.

Online 188

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CB Insights

JUNE 17, 2021

The round drew participation from Sequoia Capital India, General Catalyst, Elevation Capital, and Y Combinator, among others. Users can pay online and offline through their UPI ID and a numberless plastic card without a bank account. The startup’s valuation has grown 6X since its seed funding in March 2020.

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PYMNTS

FEBRUARY 24, 2020

8 position in eMarketer’s latest ranking of the nation’s top merchants by online sales. Target used to rank 11 in terms of online sales but blew past three competitors to become eighth, with 1.2 percent of total online sales in the U.S. In 2020, Target’s online sales revenue will jump 24 percent to $8.34

Retail 150

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