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Polish Investors Hopeful For eCommerce After Allegro IPO

PYMNTS

Executives at MCI Capital , the biggest publicly traded private equity firm in Poland, are optimistic that a recent record-breaking initial public offering (IPO) in the eCommerce space bodes well for the industry, Bloomberg reported. Online retailer Allegro.eu Eyeing the success of that transaction for the owners who took Allegro.eu

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eCommerce Startups Find Funding Favor In India

PYMNTS

The company, which operates its own eCommerce marketplace, has built its own supply chain, according to reports, and has recently expanded into the Mumbai and Pune regions, with perishables delivered the same day. The Series C round comes after a July 2017 Series B funding round worth $10 million that was led by Bain Capital.

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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. Vietnam’s MoMo, the digital wallet company, has raised $100 million from a collection of six investors co-led by Goodwater Capital and Warburg Pincus. and PT Danadipa Artha Indonesia. billion transactions annually.

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Small Businesses In Focus For B2B FinTechs (And Their Investors)

PYMNTS

Below, PYMNTS rounds up the latest B2B FinTech venture capital funding rounds. million Series A investment led by Framework Venture Partners, while PenderFund Capital Management, Conconi Growth Partners and Royal Bank of Canada also participated. Checkfront. In Canada, Checkfront revealed its $9.3

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Latin America’s Dark, Crypto-Driven, Cybercrime Underbelly

PYMNTS

In a report titled “The Dark Side of Latin America,” IntSights, which monitors cyberthreats, said Latin America is among the top regions for money laundering, done at least in part through cryptocurrency, and that such tactics are favored by organized crime.

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Virtually fraud-proof: Grow a virtual card program

ATM Marketplace

Kristin Cardinali is vice president of regional sales at Nvoicepay, a Fleetcor company. With over 16 years of experience working with companies like Capital One, Billtrust, and now Nvoicepay, she delivers scalable payment solutions to mid-market and enterprise companies. Cardinali shares wher thoughts on virtual card programs.

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60 Percent Of Americans Want The Branch, Not Mobile, To Open New Account

PYMNTS

From mid-2012 to mid-2017, Capital One Financial Corp. cut 22 percent and Regions Financial Corp. In addition, they can boost their presence with more ATM kiosks and advertising, enabling the firms to gain 10 percent of new checking account customers in a market where they have only 5 percent of the branches. cut 12 percent.

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