Remove 2025 Remove Online Remove Regional Remove Technology
article thumbnail

Google Eyes Investing In Indonesia’s eCommerce Hub Tokopedia

PYMNTS

the Chinese multinational technology company specializing in eCommerce, retail, Internet, and technology, led a $1.1 the multinational internet technology company headquartered in Beijing. But Google and Temasek appear to be the most interested, and negotiations could conclude in a few weeks, Bloomberg’s anonymous sources said.

Google 264
article thumbnail

Does KBA Have A Place In Online SMB Credit Checks?

PYMNTS

Technology providers are exploring a range of solutions to seamlessly verify customers’ identities, with the biometrics market projected to reach more than $59 billion by 2025. Hitachi first demonstrated the technology in London in September, and plans to officially launch the product in Europe next year. billion by 2024.

Online 144
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Jumia Encounters New eCommerce Rivals In Africa Amid Pandemic

PYMNTS

As the coronavirus has led to greater popularity of eCommerce deliveries, Jumia Technologies AG is encountering new rivalry from upstarts in the online shopping and transportation space in Africa. The geographic region is behind the globe because of hurdles like inconsistent addresses and links to the web that are not strong.

Regional 253
article thumbnail

Singapore’s Credify Raises $1M To Expand Into Southeast Asia

PYMNTS

According to the report, Credify acts as a “personal data bridge” to help connect consumer services like lending and online shopping with firms that handle credit scoring and digital authentication. percent, and is expected to be a $102 billion eCommerce market by 2025. An average of 1.6

Regional 171
article thumbnail

Amazon Sets Sights On Southeast Asia

PYMNTS

The move comes as part of a larger targeting of Southeast Asian markets, according to TechCrunch , starting with beginning selected regional services in Singapore in the first quarter of 2017. Southeast Asia certainly has the population Amazon seeks in its international investments: The region is home to over 600 million consumers.

Regional 148
article thumbnail

Today In Digital-First Banking: Sea Purchases Indonesian Bank BKE; PSCU Extends Partnership With Fiserv

PYMNTS

The purchase is said to be in line with Sea’s aim to expand its position as a FinTech trailblazer throughout the region. MoMo reportedly intends to use the funds to bankroll plans to become a “super app” as well as to go public in 2025. Shares were reportedly bought from current investors PT Koin Investama Nusantara Ltd.

article thumbnail

Singapore, Thailand Love Instagram, eCommerce

PYMNTS

The region’s internet economy is projected to become a $278 billion market by 2025 , with immense growth expected in all online sectors, but especially in mobile payments as companies across the region invest more in digital infrastructure. The country had a mobile penetration rate of 148 percent in 2014.