Tradeshift Raises $70 Million
Tradeshift, a platform for creating B2B payments, procurement in supply chains, and B2B marketplace services, announced that it managed to raise investment funds in the amount of $70 million.
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Rapyd Acquires PayU to Accelerate Expansion Plans
The $610 million acquisition deal enables Rapyd to continue its global expansion across emerging markets in Central and Eastern Europe and Latin America
Amazon to Double Same-Day Delivery Facilities
Amazon on Monday, July 31, announced its intention to double the number of same-day delivery points in the United States.
EToro Launches Fintech Portfolio, Gets Spanish License
Crypto trading and investing platform eToro has introduced a portfolio offering long-term exposure to leading fintech companies, while also achieving an important legal milestone
DoorDash Reportedly Tests AI Chatbot
The media reports that DoorDash is currently testing a chatbot based on artificial intelligence.
TIFIN Launches Platform for Creating AI FinTechs
The wealth platform with integrated artificial intelligence TIFIN presented a new project, which is a kind of space for creating AI fintech firms.
Bloom Money Raises Funds to Digitize Microcredit Finance
The British fintech company Bloom Money has announced that it has managed to raise investment funds for 1 million pounds to digitize the informal financial management system used by ethnic communities around the world.
Revolut Launches Accounts for Non-US Citizens in US
Those who are lawfully in the US but don’t have SSNs can now get a Revolut account
GoPay App Launches in Indonesia
The standalone GoPay app has officially launched in Indonesia, after being available as part of Gojek and Tokopedia apps
Amazon Offers Up Marketplace Rule Change to Solve UK Antitrust Issues
Amazon agreed to the proposal to change the mechanism for processing information about competitors’ sales and introduce the practice of equal interaction with all sellers operating on the virtual platform of the e-commerce giant in the UK.
Bunq Sees Record Funding Year With Fresh €44.5M Investment
Europe’s largest neobank bunq secures additional growth capital, bringing the total yearly investments to nearly €100M
TikTok Partners With Atome for Malaysia E-Commerce
TikTok’s e-commerce unit announced that it has reached an agreement on a partnership with the fintech platform Atome, which is part of the ownership structure of Advance Intelligence Group.
UK Regulator to Roll Out Isolated Environment for Testing Financial Apps
The Financial Conduct Authority of the United Kingdom (FCA) intends in the foreseeable future to provide companies with access to an isolated technological environment in which firms will be able to test the functioning of their digital products at an early stage of development.
Staying Ahead of Account Takeover: Prevention Strategies for Fintechs Fraud Detection
In today’s ever-connected digital landscape, the threat of account takeover looms large for individuals and businesses alike. Fintech companies, in particular, need to adopt proactive and robust prevention strategies to safeguard user accounts and stay one step ahead of account takeover attempts. Account takeover is a serious issue that involves fraudsters gaining unauthorized access to […]
Spain Antitrust Watchdog Fines Amazon and Apple
In Spain, the local antitrust regulator fined Amazon and Apple.
Singapore Becomes Command Center for ASEAN Fintech: Report
PwC Singapore, Singapore Economic Development Board (EDB) and Singapore FinTech Association (SFA) revealed the growth trends of the financial technology industry in Singapore
Fintech & Ecommerce
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