Mercado Libre muscles into Chilean paytech space with Redelcom acquisition
Mercado Libre says it is looking to “consolidate its value proposition in Chile”.
Mercado Libre says it is looking to “consolidate its value proposition in Chile”.
Miles will lead a global team based across Europe, South America and Asia.
“The market for simplifying net terms payments and embedding BNPL payment options is exploding”, CEO says.
Founded in 2018, the start-up has raised $205 million in equity and debt financing to date.
Finder co-founder Fred Schebesta says the company has been “bootstrapped since day one”.
With digital transformation driving change in the retail industry, here are some important trends to bear in mind.
The appointment will bolster the paytech’s global expansion plans, CEO says.
The pandemic played a substantial role in boosting the adoption of open banking and APIs.
The funds will support the delivery of BNPL services to five million SME retailers across Africa.
Microsoft has partnered with Zip to offer a BNPL payment option in its Edge browser.
Fast-growing Indian e-commerce sector is in the company’s sights with its cardless payments offerings.
Female-led company is focused on mobile orders and payments in restaurant and hospitality sectors.
Twig customers can turn their unwanted possessions into cash.
The payments processor has seen a sharp increase in volumes in the last 18 months.
“The payment card market is undergoing a huge transformation,” says BNP’s head of cards.
The B2B BNPL fintech says it will invest in team and product development.
The provider is working with longstanding customer PSA Payment Services Austria.
Nobly POS software will be integrated with Revolut payment offerings internationally.
The project is partly driven by predicted strong growth in mobile transactions in Vietnam.
The Singapore-based company has plans for international expansion.
Funding round takes payments and expenses solution provider to $570m valuation.
The Dublin-based company will use the funding to extend country coverage and headcount.
The San Francisco-based company has now raised $100m in total funding to date.
8fig says it’s on a mission to propel 10,000 sellers to eight-figure revenue by 2025.
The paytech says cash will help deepen financial inclusion on the African continent.
The new capital injection adds to the firm’s $200m Series E funding.
Stripe among backers for brand-centric payments player with $53m raised in total to date.
The move is blamed on high transactions fees.
Capital to support Kafene’s point-of-sale financing to Americans with limited access to credit.
Brazil is South America’s biggest market for buy now, pay later (BNPL), and it looks set to keep growing.
Witlox will analyse pros and cons of a digital euro to reside with cash.
This latest financing round brings Float’s total funding to date to around $34 million.
The company plans a hiring spree in Miami, where its US headquarters are located.
Virtual card payments made via STP cut costs and time, Bottomline says.
The FCA-regulated service releases payments when work has been completed.
Firm aims to diversify its offering with price comparison platform acquisition.
The Californian company manages client flow and cash flow for independent business owners.
Mynt’s most notable subsidiary, GCash, is the archipelago nation’s most popular e-wallet.
Bank says the pandemic has caused a shift to digital payments across Africa.
Ebanx CEO says acquisition will broaden access to the “very best payment solutions”.