Citi Invests in Colombian FinTech Supra
Citi has led a round of strategic investments in Supra, a fintech company based in Colombia.
Fintech & Ecommerce - page 105
E-Commerce Customer Best Practices
E-commerce is booming. In the United States, there were 263 million online shoppers in 2019, which is expected to go up to 282.7 million by 2024. Globally, it is 2.64 billion in 2023.
TikTok Invests $1.5 Billion to Get Back Into Online Shopping in Indonesia
TikTok, which is part of the ByteDance ownership structure, is investing $1.5 billion to become the controlling shareholder of the e-commerce unit of Indonesia’s GoTo Gojek Tokopedia.
Fintech Funding Accelerates in Jordan
Fintech funding in Jordan attracted US$26 million between 2018 and 2022, becoming one of the top investment targets.
SumUp Raises $300M in Growth Funding
British fintech startup SumUp has raised a fresh funding round that brings the company valuation close to $8.6 billion.
Livestreaming E-Commerce Surges in China, Boosted by AI
This year’s Singles Day highlighted the growth of livestreaming e-commerce sales, fueled by virtual avatar hosts and AI chatbot use.
JPMorgan Payments Processes Record Number of Operations in Europe
JPMorgan Payments processed a record number of financial card transactions in Europe last Black Friday and Cyber Monday.
Amazon Tests New Grocery Subscription
Amazon is currently testing a new grocery subscription for members of its Prime program.
How to send money through Xoom using PayPal
Xoom by PayPal is one of the most popular money transfer apps, with thousands of money pickup locations and bank partners worldwide. This quick guide will help you navigate through the app in case you are not familiar with its mechanics.
Do You Need a Registered Agent for Your Fintech Startup?
The fintech industry has experienced unprecedented growth in recent years, becoming a powerhouse in the global economy. As of July 2023, publicly traded fintechs boasted a staggering market capitalization of $550 billion, reflecting a twofold increase from 2019.
Škoda Launches Pay to Fuel Service
Drivers of Škoda ICE vehicles in select European countries are now able to pay for fuel via their in-car dashboard touchscreen using the Pay to Fuel service.
Payment Ring Users Won’t Replace It With Another Payment Method
Nine in ten European payment ring users prefer this payment method to all others, according to a recent survey.
How Deepfake Scams Affect the Payment Industry and What Can Be Done
Deepfake imposters are increasingly targeting unsuspecting victims, raising alarm among all payment industry players. How do you protect your organisation and clients from highly realistic online masks and voices generated by computer technology?
Credit Agricole Reportedly Considers Acquiring Stake in Worldline
The media reports that the French bank Credit Agricole is currently considering the possibility of acquiring a stake in a local payment processing company Worldline.
N26 to Offer Stock and ETF Trading Via Upvest API
A new investment product for stocks and ETF trading created by N26 in partnership with Upvest is expected to launch in the first half of 2024.
Mastercard Unveils Gen-AI Assistant Shopping Muse
Advanced generative AI tool by Mastercard reimagines the search and discovery of products in retailers’ digital catalogues.
Fintech & Ecommerce
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