Latest E-commerce News: Finextra Research

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

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

Company update/startups

PayCEC launches in UK and EU

Due to the growth of the digital era, everything must be digitized and this has been progressing over time. Integrating technology into business is no longer a plus point for it but the newest standard, no matter what the size of business is. PayCEC is taking on a new role for bringing a new solution for most businesses nowadays as a payment gateway provider.

22 July 2021

News/crypto

PayU partners Celo to bring stablecoin payments to merchants

PayU is teaming up with mobile-first open-source blockchain payments outfit Celo to launch a new stablecoin option to hundreds of thousands of merchants.

21 July 2021

News/payments

Facebook Pay comes to third-party e-commerce sites

Facebook Pay is extending its reach outside of the social media behemoth's own platform, enabling online merchants to add the service as a payment option directly on their own sites.

16 July 2021

Company update/security

Polish fraud fighter Nethone raises $6.7 million

Nethone's passive behavioral biometrics allows online businesses to seamlessly stop over 95.3% of account takeovers (ATO) - cyber threats that have been spreading globally at an alarming rate.

15 July 2021

Company update/payments

OnBuy closes £35 million Series A

Today, UK-based online marketplace OnBuy.com has announced the closing of £35 million in series A+ funding through VC and strategic technology investors.

13 July 2021

Company update/wholesale

Mouro Capital leads €16M funding round in e-commerce fulfilment platform byrd

Mouro Capital, a venture capital fund focused on fintechs and adjacent businesses and backed by Banco Santander, has led a €16 million ($19 million) founding round in the tech-driven digital logistics and fulfilment platform byrd.

12 July 2021

Company update/payments

Cardstream and Swipen team on GooglePay for e-commerce

Cardstream, along with its counterpart, Swipen, the payment solutions specialist, are pleased to provide GooglePay for e-commerce, a safer and more secure way for customers to pay online.

09 July 2021

News/payments

Over half the world’s population will use mobile wallets by 2025, says Boku study

More than one in two people will use a mobile wallet by 2025, as cash is increasingly displaced, finds a study from mobile payments company, Boku. This equates to an increase of 2.7 to 4.8 billion wallets in use globally in the next four years.

08 July 2021

Company update/payments

Mint Payments integrates Payright

Australian-based buy now pay later (BNPL) provider specialising in higher-value purchases, Payright Limited (ASX: PYR) (‘Payright’ or ‘the Company’), has entered into a partnership with Mint Payments Limited (‘Mint Payments’) to integrate Payright’s BNPL solution into its online payments processing system.

08 July 2021