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APIs Drive New Need For Retail Location Apps

PYMNTS

billion people across the globe downloaded a shopping app. But after that initial download, retailers and purchase aggregators pretty much let users run the course of their screens, never thinking that advanced applications would someday become important. APIs have up to this point been associated with FinTech and open banking.

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‘No Drama, Just Klarna’ Campaign Rolls Out With UK Retail Partners

PYMNTS

FinTech payments disruptor Klarna has announced the start of its “No drama, just Klarna” retail campaign in partnership with 13 brands in the U.K., shoppers downloaded the Klarna app. The “No drama, just Klarna” campaign features retail-branded artwork on buses, billboards and screens. In August, more than 100,000 U.K.

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FinTechs Ovo, Dana Look To Unite Against Giant Gojek

PYMNTS

A pair of Indonesia’s FinTechs plan to merge in a bid to challenge Gojek ’s GoPay, sources told Bloomberg. Gojek’s app has been downloaded 170 million times and was the most widely used on-demand app in Indonesia in 2019, according to App Annie. Ovo is on 115 million devices. Moka itself is taking off.

Fintech 160
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Analyzing a16z’s fintech investment strategy: Where did the VC place its biggest bets in 2022?

CB Insights

The fintech industry took a hard hit in 2022 as investors scaled back their investments amid market turmoil. Fintech is central to a16z’s investment strategy. Of the 206 deals a16z participated in last year, almost a quarter went to fintech companies — more than any other industry.

Strategy 101
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Analyzing Santander Bank’s growth strategy: How the banking giant is investing in fintech

CB Insights

Founded in 1857, Spain-based Santander is one of Europe’s largest multinational banks, with a market capitalization of around $60B, and a long history in retail, business, and commercial banking. The post Analyzing Santander Bank’s growth strategy: How the banking giant is investing in fintech appeared first on CB Insights Research.

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SpotOn, a provider of payments tech and software for retail and restaurant SMBs, reaches $3.6B valuation. SpotOn competitors are Toast and Block.

CB Insights

Download the report to learn more.</p> q1 2022 brought a -18% decline in quarterly fintech funding. .</p> q1 2022 brought a -18% decline in quarterly fintech funding. Download the report to learn more. Download the report to learn more. onFormReady: function ($form) {. hbspt.forms.create({.

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Mastercard Partners With Four Retailers For Pay By Bank App

PYMNTS

Mastercard is collaborating with four eCommerce retailers — WHSmith.co.uk, Funky Pigeon, Cult Pens and The Card Gallery — to offer the Pay by Bank app to online shoppers, Mastercard announced in a press release on Friday (Oct. It’s not a separate app to download or service to sign-up for — it works through the mobile banking app a user has.

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