Shopify and Affirm Expand Pay-Later Pact
Affirm and Shopify have expanded their pay-later offering outside the United States.
Fintech & Ecommerce - page 19
Weixin Pay Users to Receive Cross-Border Transfers From PayPal’s Xoom
PayPal’s money transfer service, Xoom, will enable Weixin Pay users to receive money directly into their Weixin Pay Wallet Balance or linked bank accounts through the partnership with Tenpay Global.
Klarna Partners With Aritzia to Make Everyday Luxury Fashion More Accessible
Klarna brings flexible and interest-free payment options to Aritzia clients online and in select boutiques across the US and Canada.
Mastercard to Tackle Payment Fraud in Australia With Biometrics
In Australia, card-related payment fraud neared $1 billion in 2024. Mastercard suggests biometrics and other advanced security measures will help alleviate the problem by the end of the decade.
French Fintech Pennylane Doubles Valuation
French accounting software company Pennylane has doubled its valuation to 2 billion euros ($2.16 billion) as part of a new 75 million euro financing round.
Spreedly and EBANX to Promote Local Payments in LatAm
The open payments platform Spreedly has teamed with the payment service provider EBANX.
Hawk Raises $56 Million to Counter Financial Crime
Hawk, a fraud and money laundering prevention provider, raised $56 million.
ServiceNow to Acquire Logik.ai, Boosting CRM Capabilities
Logik.ai will enhance ServiceNow existing offering with a flexible, AI-powered CPQ platform that streamlines complex sales processes, improves customer experience, and offers smarter, end-to-end transaction management.
Amazon Tests Third-Party Product Discovery Feature
Buy for Me service, which enables customers to buy from other brand retailer websites, is currently in the beta testing stage within the Amazon Shopping app.
Revolve to Add Affirm’s Pay-Over-Time Option
Fashion retailer Revolve Group will soon provide its customers in the United States with the opportunity to use the Affirm to pay over time solution.
Plaid Raises $575 Million
The digital finance platform Plaid reported that it raised $575 million in new funding.
Visa to Launch New Solutions
Visa unveiled three new value-added services that are designed to simplify and enhance the security of the payment acceptance process.
Monzo Introduces Contents Insurance
A study by Monzo revealed that half of UK renters either lacked contents insurance or were unaware of its existence altogether.
FreeAgent Enables Tax Filing From Space
A unique use case for accounting software was delivered by FreeAgent that enabled a UK small business to submit the world’s first tax filing from space.
Visa Reportedly Offers $100 Million to Get Apple Credit Card Business
The media published information according to which Visa offered Apple about $100 million for the acquisition of this technology giant’s credit card business, which is held by Mastercard.
Walmart Reportedly Keeps Price Pressure on Suppliers
The media, citing insiders, published information according to which Walmart continues to push Chinese suppliers to cut prices as part of efforts to offset tariffs from the United States on imports of goods from the Asian country.
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