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Instamojo Rolls Out InstaCash Loans For SMB Working Capital

PYMNTS

To provide retailers with the ability to attain working capital, India-based payment gateway and online shopping platform Instamojo rolled out InstaCash. The news comes as Instamojo unveiled the rollout of its Instamojo Credit Book that seeks to eliminate manual ledgers by making records digital per news in November.

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Klook CPO Liu Outlines Travel Booking Platform’s Global Expansion

PYMNTS

Having $1 billion in bookings and more than 200 destinations globally – those are big numbers, to be sure, but these are not stats gleaned from an airline. The Series D round, which includes investors as far-flung as Sequoia Capital China, Goldman Sachs and others, brought in a total funding of $300 million to date.

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Travel Firm Booking Invests $500M In Didi Chuxing

PYMNTS

Chinese ride-hailing company Didi Chuxing has received $500 million in funding from Booking Holdings. dollars on its balance sheet after it raised $4 billion in new capital late last year. In addition, Didi customers can book hotels through Booking.com and its sister site Agoda.

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Stripe Rolls Out New Product To Help Online Businesses Tap Funds

PYMNTS

5) the launch of Stripe Capital to simplify the way internet companies can access funds. It remains difficult for online businesses to get access to capital. Stripe Capital makes it easy for internet businesses to get the funds they need when they need them,” said Will Gaybrick, Stripe’s chief product officer.

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Online Lenders Prepare For A Recession

PYMNTS

Online lenders in the U.S. Reuters , citing interviews with half a dozen online lenders, reported the companies are worried that a recession could hit the U.S. It would be a test for many of the online lenders that haven’t lived through an economic downturn. economy entering a recession. economy.

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SaaS Enjoys Venture Capital Boom

PYMNTS

This week Oxx, which tends to focus on B2B software startups, led the $12 million funding round for the company, which also saw participation from Industrifonden, SEB Venture Capital and KTH Chalmers Capital, according to reports. and Europe, with half of its bookings coming from U.S. The company raised $2.5 SMB Lending.

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Digital Payments, Online Ordering And Memberships Top This Week’s News

PYMNTS

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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