Alibaba and E-Mart to Create E-Commerce JV
Alibaba Group Holding Ltd. has agreed to form a joint venture for its South Korean operations with the e-commerce platform E-Mart Inc.
Fintech & Ecommerce
Anatomy Financial Raises $19 Million
Anatomy Financial raised $19 million as part of the Series A funding round.
The Role of Fintech in Supporting Small Businesses
Fintech is changing the way small businesses handle their finances. Many small business owners face tough challenges, like struggling to get funding, dealing with outdated systems, or managing high costs. These issues can make it hard for them to grow or run their businesses smoothly. With fintech, these hurdles become easier to manage. It offers […]
Visa Analysis Reveals Online Holiday Shopping Growth
Online retail shopping during the holiday season increased by 7.1%, according to Visa observations, though the majority of purchases still take place in brick-and-mortar stores.
Klarna Becomes Default Option for WooCommerce
Klarna payments will be automatically enabled for all the new merchants using the WooCommerce platform.
Top Apps to Maximise Your Savings
Savings are an important part of personal finance management. Piggy banks might be good for children as they present a nice visual representation of savings utility. However, extra money in a piggy bank cannot earn interest unlike a savings account. Besides, it is hard to administer and store larger savings (e.g. retirement fund, saving for […]
Justt Raises $30 Million
Chargeback management company Justt raised a $30 million investment to bolster its platform powered by artificial intelligence.
Visa Acquires Featurespace to Boost Transaction Monitoring With AI
Visa has officially completed its acquisition of Featurespace, a company specialising in real-time artificial intelligence (AI) technology for payment protection, announced in September.
Hong Kong Picks Several Banks and Tech Firms to Test GenAI in Financial Sector
The Hong Kong Monetary Authority (HKMA) has picked ten banks and four technology partners to participate in a project to test several use cases for generative artificial intelligence in the financial services sector.
UPI Sees Growing Adoption in Rural India
Unified Payments Interface (UPI) is slowly but steadily emerging as the preferred method of financial transactions in rural and semi-urban India, according to a recent report.
Generative AI in Payments: Unlocking New Possibilities in Fintech
Generative AI is fundamentally transforming the landscape of the payments industry, offering unprecedented opportunities for businesses to expand their reach and capabilities. Through sophisticated algorithms and machine learning models, companies can now provide personalized financial services, streamline customer acquisition processes, and enhance their payment processing systems with intelligent automation features like smart invoicing and predictive […]
Tyme Becomes Unicorn After $250M Funding Round Led by Nubank
Singapore-based digital banking group Tyme has successfully raised $250 million, bringing the business a ‘unicorn’ status.
Fintech Market Breakthroughs 2024: A Year in Review
2024 was a challenging year for many fintech companies but it also brought a lot of encouraging results for the industry. Today, we’ll talk about the most notable fintech innovations of this year that are ushering in new opportunities for customers and businesses alike.
Visa Direct to Launch Instant Fund Transfers for U.S. Bank Accounts in 2025
Visa Direct is planning to introduce a feature that allows funds to be transferred and made available in U.S. bank accounts within one minute or less.
Klarna and eBay Bring BNPL to New Markets
Flexible Klarna buy now pay later (BNPL) options are now available to eBay customers in more European markets.
Equipifi and Synergent Partner to Expand Credit Union Access to BNPL
U.S. fintech equipifi and a service organisation Synergent have formed a strategic partnership to enhance the ability of credit unions to offer Buy Now, Pay Later (BNPL) solutions directly within their digital banking platforms.
Fintech & Ecommerce
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