Fintech & Ecommerce - page 51

News

Praso Acquires Floki’s IP

The Brazilian company Praso, which provides a distribution platform for small retailers, announced the raising of $9.3 million in investment funds and announced the acquisition of the intellectual property of Floki, a brand that uses AI to automate purchases in small bars and restaurants.

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Amazon Acquires Company Fig

Amazon has expanded its ownership structure as a result of the acquisition of Fig, which is a manufacturer of an autocomplete tool for terminals used by developers.

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Technology Platform Apollo.io Raises $100 Million

Sales technology platform Apollo.io announced that it had managed to raise financing in the amount of $100 million.

News

Amazon Tests Higher Free Shipping Threshold

Amazon is currently testing a minimum purchase requirement of $35 to receive a free shipping service for customers who are not members of the Prime loyalty program.

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Safaricom Launches Mobile Money Service in Ethiopia

Kenyan telecommunications company Safaricom has launched its M-Pesa mobile payment service in Ethiopia.

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HDFC Bank and Marriott Bonvoy Launch Travel Card

Indian HDFC Bank announced the beginning of cooperation with Marriott Bonvoy, the Marriott International travel program, in order to launch a co-branded hotel credit card.

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N26 Integrates iDEAL Online Payment Standard

German online bank N26 enables the most popular online payment method in the Netherlands – iDEAL

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QR Code Payments to Grow 590% in Southeast Asia by 2028: Research

A new study from Juniper Research has found the volume of QR code payments in the leading Southeast Asian market will increase from 13 billion in 2023 to 90 billion in 2028.

News

Orange to Sell Banking Business in Romania to Alpha Bank

Mobile network operator Orange is transferring its retail banking business in Romania – Orange Money – to Alpha Bank Romania

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JPMorgan Representative Says About Problematic of Healthcare Payments

Brad Garfield, managing director and head of medical solutions at JPMorgan Commercial Banking, said there are many opportunities to improve the user experience in the healthcare sector in the financial aspect.

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Singapore’s Grab Remains Optimistic on Growth Prospects

Grab, a Southeast Asian super app provider is optimistic about long-term growth opportunities.

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FinTech Startup Yeeld Partners With Airwallex to Accelerate Global Payments

Fintech startup Yeeld announced the beginning of cooperation with the financial company Airwallex in order to accelerate global payment operations and other transactions for customers.

News

FNBO and Visa to Release Digital Wallet Card

First National Bank Omaha (FNBO) announced the beginning of cooperation with Visa in order to provide its customers with the best service for working with a virtual wallet.

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Bank of America Announces Expansion to Its Customized Cash Rewards Credit Card

Bank of America (BoA) announced the expansion of the use scale of its Customized Cash Rewards credit card, which provides owners with additional benefits and opportunities when receiving cashback in several categories.

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Cross River Bank and FinTech Platform Current to Launch New Credit-Building Product

Cross River Bank has reached an agreement with the Current fintech platform on cooperation within the framework of the project to launch a new loan product.

News

Clara Reportedly Launches Cross-Border Payments in Mexico

The media reported that the fintech company Clara in Mexico began to provide local consumers services for making cross-border payment transactions.

Fintech & Ecommerce