Robinhood Reports First-Ever Profit
The second quarter of 2023 was the first profitable period for Robinhood Markets since the platform became public, which happened in July 2021.
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DoorDash’s Grocery Business Grows to Record-High 532 Million Orders
DoorDash fixed record volumes of orders against the background of the rapid expansion of its grocery business, which has resulted in the growth of sales figures.
Apple Card’s Savings Account Exceeds $10 Billion
Apple Card’s Savings Account Exceeds $10 billion.
Stripe Offers Tax Tool to Its Platform Clients
Stripe reported about tax tool, the use of which will allow the clients of the company’s platform to increase the volume of sales worldwide.
Ecommerce Inventory Management Mega Guide & Cheat Sheet
In today’s fast-paced e-commerce landscape, maintaining optimal inventory levels is a key pillar to achieving success. Effective inventory management not only ensures smooth business operations but also directly impacts customer satisfaction.
Uber Develops AI-Powered Chatbot
Uber Technologies is currently working on creating a chatbot based on artificial intelligence.
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.
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.
Fintech & Ecommerce
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