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Nuvemshop, Latin America's Shopify, Raises $30M

PYMNTS

Nuvemshop , a Latin American alternative to Shopify, has raised $30 million in a venture capital round as it tries to boost business, according to reports. The four intended to start a new marketplace software product for the Latin America region.

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Bank Of America To Leverage Marco Polo For Trade Finance

PYMNTS

Bank of America has announced that it has joined the Marco Polo Network , the leading trade and working capital finance network. We look forward to working with Bank of America to address critical market challenges and to expand the network’s reach and eco-system to a wider audience of corporate customers.”.

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GBST named in top 100 most innovative WealthTech companies in the world for the third year running

Bobsguide

For the third consecutive year, GBST has been named in the top 100 most innovative companies across the wealth and asset management industry, cementing its position as a global leader. There are strong structural growth drivers in the global wealth management space which are set to significantly increase GBST’s addressable market.

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Facebook Global Director to Talk Payment Partnerships at Bank Innovation

Bank Innovation

Kahina Van Dyke, global director of commerce & payment partnerships at Facebook, will be a featured speaker at Bank Innovation 2017, which takes place in San Jose on March 6-7. Facebook has a market capitalization of $384.5 Van Dyke will participate in a fireside chat at the invitation-only event. Read More.

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Bank of America’s Head of Digital to Speak at Bank Innovation ’17

Bank Innovation

Edward “EJ” Achtner, Bank of America‘s Head of Digital Banking – Strategy, Platforms, Innovation, and Partnerships, has joined the Bank Innovation 2017 speaker faculty. based bank.

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SoftBank Continues Latin America Push With Courting Of Mexican Startups

PYMNTS

Japanese investment firm SoftBank Group is in talks with two startups in Mexico in a bid to continue to search out opportunities in the Latin American market, according to a report by Reuters citing sources familiar with the matter. Mexico is Latin America’s second biggest economy, but its startup sector is trailing Brazil and Argentina.

America 109
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Spend Controls Fuel Commercial Card Innovation

PYMNTS

Spend controls were the focus of innovation in the commercial card space this week thanks to feature and program launches. This week’s commercial card innovation tracker includes a rollout of the next generation of authorization controls from Comdata Inc., as well as the launch of the Flex by Finaxar initiative from Finaxar.

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