Remove Capital Remove Marketing Remove Online Remove Samsung
article thumbnail

Samsung Pay Crosses 1.3 Billion Transactions, But Falls Short of Apple Pay

Bank Innovation

As it makes its way to South Africa and continues to amass impressive partnerships with the likes of Alipay and PayPal, Samsung Pay might have completed three years in the mobile payments market, but its numbers still lag its main rival, Apple Pay. Samsung revealed yesterday that it had completed 1.3

Samsung 186
article thumbnail

Wells Fizzles, Lyft Sizzles And Samsung Snatches A Sizzle From A Fizzle

PYMNTS

Try being Samsung this past week, which had both a sizzle and a fizzle. The private equity firms that have backed the latest capital infusion are ones that are known for doing so as their investees get ready to go public. The Capital One data showed that such stepped-up activity will not occur in the next six to 12 months.

Samsung 100
Insiders

Sign Up for our Newsletter

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

article thumbnail

Ant Financial Acquires Minority Stake In Klarna

PYMNTS

Klarna, Europe’s most valuable FinTech, was founded in 2005 and has financial backers that include the rapper Snoop Dogg, who is also part of the company’s marketing. Other investors include venture capital firm Sequoia Capital and Australia’s biggest bank, Commonwealth Bank of Australia. tkowski, CEO, Klarna. . billion.

Samsung 160
article thumbnail

India’s Swiggy Lands $43B To Continue Branching Out Beyond Food Delivery

PYMNTS

Online food delivery platform Swiggy has raised $43 million as part of its ongoing Series I round to develop and expand its new businesses, according to multiple reports on Monday (April 6). New investors included Ark Impact, Korea Investment Partners, Samsung Ventures and Mirae Asset Capital Markets.

Samsung 131
article thumbnail

B2B Venture Capitalists Have Their Heads In The Cloud

PYMNTS

This week’s B2B venture capital (VC) roundup shows investors have a spot in their portfolios for startups disrupting the enterprise cloud space, from cloud computing to storage. Specifically, the company plans to expand its product offering; grow its engineering, sales and marketing teams; and enter into new geographic markets.

Capital 115
article thumbnail

SoftBank, Paytm To Launch Digital Payment Service In Japan

PYMNTS

Bloomberg pointed to Line , Japan’s largest instant messaging service, and the flea market app Mercari as two companies expanding into digital payments. It also has to contend with competition from PayPal, Ant Financial and Tencent, as well as Apple and Samsung Electronics. SoftBank already owns a stake in Paytm’s parent company.

Payments 100
article thumbnail

Deep Dive: Digital Services And Their Impact

PYMNTS

TPV, or about 20 percent of online retailing, according to FDC estimates. This is essential to keep in mind as providers compete with both online content platforms — like the ever-present Netflix — and those like YouTube, which has long relied on a “freemium” model to capture users and boost subscriptions.

Samsung 108