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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. The company's website stated that it was founded in 1999 and is 76 percent owned by management.

ATM 243
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Farfetch Raises $250M To Grow Luxury Fashion Platform

PYMNTS

Farfetch will use the capital to continue growing and expanding into new markets, particularly China. We are excited to build on our cooperation with Farfetch and support the company as it accelerates its growth in China and enhances its customer experience and offerings in the region,” said Martin Lau, Tencent’s president.

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Visa Among Investors In PayMate’s Series D Growth Funding

PYMNTS

India’s PayMate announced it has raised a new round of growth capital to accelerate expansion within India and internationally to Central and Eastern Europe, the Middle East and Africa (CEMEA). . Investors in this Series D round include Visa, Recruit Strategic Partners, Brand Capital, and others, the Economic Times reports. .

Capital 184
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Shogun Brings Big Retail Tech To Digital-First Retailers

PYMNTS

Four years and $35 million in venture capital funding later, Taylor’s company is expanding and simplifying the ability for eCommerce companies to build sophisticated yet simple web stores. It enables companies like Leesa to import their product data during an expansion to a new region. A new Shogun was born.

Retail 226
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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. Management has said that annual top line sees more than $30 million in direct to consumer sales. million USD.

ATM 170
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How To Improve Uninsured Deposit Performance

South State Correspondent

For example, while banks in the Southeast and Mid-Atlantic regions of the U.S. As you set marketing plans and budgets, consider that just this simple act of outreach and branding increases the average life by about 2-4 months. This alone can have a material impact on retention and is inexpensive.

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Today In B2B Payments: Barclays Launches Trade Finance Platform; Plaid Teams With Jack Henry

PYMNTS

Plus, Zact introduces its expense management solution, Monit adds new small business Banking-as-a-Service features and Plaid teams up with Jack Henry. 24) blog post , improving on last year's version that only worked with brands. Zact Rolls Out Linked Payments, Expense Management System. 24) announcement. “We

Payments 229