E-commerce

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/retail

Balance secure $350m credit facility

Balance, the leader in B2B payments specializing in financing and ecommerce, has secured a $350 million credit facility from Viola Credit to continue enabling B2B commerce and ease working capital.

/payments

ACI Worldwide and NTT forge e-commerce pact

ACI Worldwide, a global leader in mission-critical, real-time payments software, and NTT DATA, a leading global technology company and IT systems integrator, will work together to advance growth into new markets across Europe and Latin America, focusing on the Italian market initially.

GoTo Group cuts 12% of staff

/people

GoTo Group cuts 12% of staff

Indonesian tech group, PT GoTo Gojek Tokopedia Tbk, has announced that it will layoff 12% of its staff, amounting to 1,300 employees.

/payments

Worldline joins BR-DGE’s Partnership Programme

Leading payment orchestration provider BR-DGE has today extended its partnership with Worldline, announcing that Worldline’s new global acquiring capabilities have joined BR-DGE’s Partnership Program.

/startups

One-click checkout startup Beam raises $2.5 million in seed funding

Beam, a one-click checkout solution enabling frictionless payment for Southeast Asia’s e-commerce and social commerce industry, today announced US$2.5m in seed funding led by Surge, Sequoia Capital India and Southeast Asia’s rapid scale-up program, with participation from Partech Partners.

/payments

Japanese payments frim Opn buys US outfit MerchantE

Opn, the one-stop payments solutions company from Japan and Southeast Asia, today announced that it has acquired MerchantE, a leading end-to-end digital commerce platform that provides payment processing and solutions to businesses of all sizes in the United States.

RBC partners Visa to offer cardholders BNPL option

/payments

RBC partners Visa to offer cardholders BNPL option

Royal Bank of Canada is the latest lender to tap into Visa's BNPL technology to offer its credit cardholders the option of paying for purchases in instalments.

/inclusion

Spenn and Mastercard team up to boost financial inclusion in Africa

Spenn and Mastercard have today announced a strategic partnership that will enable Spenn Mobile Wallet users – even those without bank accounts - to make safe and seamless digital payments on the Mastercard network including international e-commerce transactions.

/wholesale

Odoo and Aramco sign MoU for digital transformation in Saudi Arabia

Odoo, an open-source ERP system signed a Memorandum of Understanding with Saudi Arabian Oil Company (“Aramco”) aiming to supercharge growth for small and medium businesses in Saudi Arabia.

/crime

Seon launches cyber fraud prevention tool

As part of its continued efforts to democratize the fight against online fraud for businesses of all sizes, SEON has officially launched a ‘forever free’ version of its industry-leading fraud prevention platform accessible to any online business.

PayPal and Apple to accept each other's payment products

/payments

PayPal and Apple to accept each other's payment products

PayPal and Apple have struck a deal to start accepting each other's payments products within their separate ecosystems.

/payments

BlueSnap and objectsource expand partnership across Europe

BlueSnap, the payment orchestration platform of choice for leading B2B and B2C businesses has expanded its partnership with top eCommerce agency, objectsource to support online sellers across Europe.

Standard Chartered launches Payouts-as-a-Service tech

/payments

Standard Chartered launches Payouts-as-a-Service tech

Standard Chartered has launched an API-first Payouts-as-a-Service offering that will let digital businesses manage one-to-many payments.

Airwallex partners Atome on BNPL

/payments

Airwallex partners Atome on BNPL

Airwallex has joined forces with Asian BNPL giant Atome to enable its merchant customers to offer instalment payment options.

/startups

Karta.io joins Visa Fintech Fast Track programme

US startup Karta.io, the financial OS for e-commerce teams, today announced that it joined Visa’s Fintech Fast Track Program.

Amazon launches merchant cash advancement programme

/retail

Amazon launches merchant cash advancement programme

Amazon has joined forces with Parafin to launch a merchant cash advance service that ties repayment to future sales.

/payments

Nuvei merchants can now accept JCB cards

JCB International Co., Ltd., the international operations subsidiary of JCB Co., Ltd., today announced their partnership with Nuvei.

Citi invests in white-label shopping rewards platform Wildfire

/payments

Citi invests in white-label shopping rewards platform Wildfire

Citi Ventures has made a strategic investment in white-label reward programme platform Wildfire Systems.

/regulation

Juni secures Swedish EMI licence

Juni, the financial platform built for ecommerce, has today announced that it has secured its Electronic Money Institution (EMI) licence from Swedish regulator Finansinspektionen.

/payments

Square and Clearpay to provide online storefronts for British Fashion Council designers

Square and Clearpay has launched a programme for the British Fashion Council’s (BFC) young designers to help them establish their online storefronts.

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