Latest E-commerce News: Finextra Research

Company update/payments

Square introduces Cash App Pay for sellers

Starting today, Square sellers will be able to accept payments through Cash App Pay, a new contactless payment method for both online and in-person transactions.

13 September 2021

News/crypto

Ripple vets unveil global micropayments network for Web 3.0

A pair of ex-Ripple executives have brought their latest venture out of stealth, unveiling plans for a global micropayment network backed by blockchain technology.

13 September 2021

News/payments

Scalapay raises $155m in Europe’s largest ever equity funding round

Buy now and pay later (BNPL) start-up, Scalapay, today announced that it has raised $155 million in equity funding as part of its Series A investment round – the largest round ever raised in Europe. Led by Tiger Global, which valued Scalapay at $700M, the Series A received participation from Baleen Capital and Woodson Capital. The new investors join existing investors, Fasanara Capital and Ithaca Investments.

09 September 2021

News/payments

Marqeta and Zip announce BNPL partnership in Australia

Marqeta, the global card issuing platform, has today announced its partnership in Australia with leading player in the digital retail finance and payments industry, Zip.

09 September 2021

News/payments

Addi raises $75m to bring BNPL to Latin America

Bogota-based Addi has raised $75 million in an extension f its Series B funding round led by Greycroft.

08 September 2021

News/payments

PayPal agrees $2.7bn deal to buy Japanese BNPL firm Paidy

PayPal has struck a deal to buy Japanese buy now, pay later firm Paidy for around $2.7 billion, mainly in cash.

08 September 2021

News/payments

Nubank buys Pix payment platform for online stores

Brazilian digital bank Nubank has acquired Spin Pay, a local firm that supports e-commerce transactions using the country's PIX instant payments platform.

01 September 2021

News/payments

LayBuy launches BNPL app

Buy now, pay later outfit Laybuy is launching an app that lets UK shoppers pay in instalments at some of the world's biggest brands, including Amazon, eBay, Asos and Nike.

01 September 2021

News/payments

Ikea owner invests in BNPL firm Jifiti

The owner of Swedish furniture retail giant Ikea has paid $22.5 million for a minority stake in white label buy now, pay later player Jifiti.

31 August 2021

News/payments

Amazon partners Affirm to offer customers BNPL option

Amazon has teamed up with Affirm to offer its US customers a buy now, pay later option at the checkout.

30 August 2021

News/startups

Balance raises $25m for B2B digital checkout platform

Balance, a digital checkout platform for B2B businesses, has raised $25 million in Series A funding led by Ribbit Capital with participation from Stripe.

27 August 2021

Company update/payments

More than half of Canadians experience payments friction

Consumer payment options and frictionless transactions are critical to drive business advantage in an era of digital payments — Canadians seek more payment choices, including to pay bills and taxes.

19 August 2021

News/inclusion

Boku launches global mobile payments network

Carrier billing outfit Boku has unveiled what it claims is the world's largest mobile payments network, reaching 5.7 billion payment accounts in 90 countries.

18 August 2021

Company update/payments

GoDaddy adds online pay links and virtual terminal

GoDaddy Inc. (NYSE: GDDY), the company that empowers everyday entrepreneurs, today announced the launch of new Pay Links and Virtual Terminal features within GoDaddy Payments, enabling small business owners to take online and remote payments without the requirement of a website or an online store.

17 August 2021

Company update/E-commerce

PayPal joins $98 million round in Cart.com

Cart.com, the first end-to-end ecommerce services provider, today announced the close of a $98 million Series B round, bringing the company’s total funding since its launch eight months ago to more than $140 million.

12 August 2021

News/security

Feedzai adds behavioural biometrics to its arsenal with acquisition of Revelock

Fresh from a $200 million funding round earlier this year, Feedzai has acquired behavioural biometric platform Revelock to provide an additional layer of transaction protection as more shoppers - and crooks - move online.

04 August 2021

Company update/payments

Nuvei integrates with Alipay

Nuvei Corporation (“Nuvei”) (TSX: NVEI and NVEI.U), the global payment technology partner of thriving brands, and Alipay, the world’s leading digital payment platform operated by Ant Group, today announced a partnership that will connect Nuvei’s merchants with over 1.2 billion potential customers in the Asia Pacific region through the Alipay+ cross-border payment and merchant marketing solution.

29 July 2021

Company update/payments

Marqeta provides card issuing platform for virtual Google card

Google Pay will use Marqeta’s modern card issuing platform to power a tokenized, virtual card that gives Google Pay users more ways to use their Google Pay balance at both online merchants and in stores.

29 July 2021

News/payments

Banco Santander's PagoNxt to expand merchant services business across Europe

Banco Santander’s payment fintech, PagoNxt, is launching its merchant payments business in Europe under the Getnet brand.

26 July 2021

Company update/security

Fiserv chooses Vesta to tackle e-commerce fraud in Mexico

Fiserv Inc., a leading global provider of payments and financial services technology, today announced the integration of a cutting-edge fraud prevention solution into its e-commerce payment gateway to reduce the fraud-related chargeback risk for Mexico’s online commerce.

22 July 2021