Latest E-commerce News: Finextra Research

Checkout.com leads $110 million debt and equity round in Saudi BNPL startup Tamara

Checkout.com has led a $110 million investment round in Saudi Arabian buy now, pay later startup Tamara.

22 April 2021

Tinkoff launches Russia's first BNPL payment service

Russian consumers are to get their first taste of the buy now, pay later phenomenon sweeping neighbouring European markets, courtesy of a new product from digital bank Tinkoff.

22 April 2021

Company update/retail

Rakuten Europe partners blockchain firm Chiliz on Fan Tokens

Fintech blockchain company Chiliz, creators of Fan Tokens and the Socios.com fan engagement platform today announced a partnership with Rakuten Europe.

15 April 2021

Company update/payments

FinXP teams up with CashtoCode

FinXP (previously Paymentworld Europe), has announced a new strategic partnership with CashtoCode, the instant cash payment service for online merchants.

12 April 2021

Company update/security

Crédit du Nord partners Fabrick on biometric authentication

Leading Open Banking Ecosystem Fabrick and Crédit du Nord, a leading French retail banking group comprising nine regional banks, launched Identity Check Mobile (IDCM) to make biometric authentication available to cardholders for remote transactions.

12 April 2021

News/payments

Japanese BNPL firm Paidy raises $120m

Japanese buy now, pay later (BNPL) outfit Paidy has raised US$120 million in a Series D funding round.

01 April 2021

News/payments

Afterpay unveils virtual card for in-store BNPL purchases

Australian BNPL giant Afterpay is stepping up its assault on in-store payments through the introduction of a contactless virtual card offering.

30 March 2021

News/crypto

PayPal lets users pay in crypto

PayPal customers in the US can now pay at millions of online merchants around the world with bitcoin, litecoin, ethereum or bitcoin cash.

30 March 2021

Company update/payments

Mastercard invests in AEVI

AEVI and Mastercard Payment Gateway Services (MPGS) announced an expanded partnership today to use their combined technologies and reach to simplify the omnichannel shopping experience.

29 March 2021

News/payments

Visa hikes UK-EU online interchange fees; faces US investigation into debit card practices

Visa is set to take advantage of Brexit to raise interchange fees on cross-border transactions between the UK and EU, according to the Financial Times. The move comes as the payments giant faces an investigation by the US Justice Department over possible anticompetitive practices in debit card transaction routing.

19 March 2021

Company update/payments

How Covid-19 changed the UK's relationship with cash

Today, almost 12 months since the UK Government announced the first national Covid-19 lockdown, LINK, the UK’s main ATM cash machine network, has published data showing how our use and relationship with cash has changed through the pandemic.

17 March 2021

News/payments

JPMorgan closes Chase Pay

JPMorgan Chase is finally killing off its Chase Pay digital wallet technology, removing the payment method from all merchant apps and websites by the end of the month.

09 March 2021

Company update/covid-19

Canadians still spending less than pre-Covid; digital-first mindset here to stay

Payments Canada released the latest data on Canadian payments trends since the onset of COVID-19, showing that spending below pre-pandemic levels continues, and that Canadians demonstrate an ongoing reluctance to handle cash, payment terminals and ATMs.

09 March 2021

Company update/payments

BNPL outfit Zip partners BigCommerce

Leading Buy Now, Pay Later (BNPL) provider Zip (ASX: Z1P) today announced the company has been selected by BigCommerce (NASDAQ: BIGC) as an Elite Partner.

09 March 2021

Company update/startups

MultiPay Global Solutions launches

Launching today, MultiPay Global Solutions is shaking up the payments industry. Its all-in-one agnostics payment solution combines a unique API that acts as a single point of integration between any payment method, any acquirer in any country.

09 March 2021

News/payments

Lithuanian startup kevin. bids to cut out card networks at the checkout

Lithuanian payments startup kevin. has released a novel product for merchants that switches customers from card payments to account-to-account (A2A) payments at the checkout.

03 March 2021

Company update/crypto

Bitpanda and Contis launch multi-asset debit card

A new Visa debit card from European neobroker Bitpanda launched this week. Combining Contis’ unique “zero-balance” Buffer technology with Bitpanda’s European-wide, multi-service platform has created one of the most powerful multi-asset propositions available – the Bitpanda Card.

02 March 2021

News/predictions

2020 Fintech funding down on 2019 but on the way back up

Global investment in fintech fell significantly in 2020 as the Covid-19 pandemic hit but picked up significantly in the second half of the year, according to KPMG, which expects a strong 2021 for the sector.

26 February 2021

Company update/payments

Nets integrates PayPal into e-commerce checkouts

European payment services provider Nets now offers PayPal as a payment option for its merchants in the Nordics.

25 February 2021

News/payments

AfterPay scores BNPL collaboration deal with Stripe

Australian buy now, pay later giant AfterPay has entered a transformational partnership that will give merchants using Stripe code the opportunity to offer customers the option of installment-based purchases.

24 February 2021