TerraPay, a Dutch FinTech, has been acquired by a number of investors, including Prime Ventures, Partech Africa and management for an undisclosed amount. Along with IFC, those same entities have invested $9.6 million into the company to aid with expansion, according to a release. Get...
It was a big night in California for Biden and Sanders Tuesday (March 3). But if you’re a retailer — especially a small-to-mid sized retailer — you’re on the cusp of celebrating a victory as well. Get the Full Story Complete the form to unlock...
Financial and competition regulators in Australia have teamed up to look into the rising use of supplier payday lending schemes used by big companies, according to a report by The Australian. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
The coronavirus could have wide-reaching effects on eCommerce, sporting events, travel, technology, and the economy as a whole. Here are the latest updates on the coronavirus around the world. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
In today’s top payments news, Ant Financial has acquired a minority stake in FinTech Klarna, the coronavirus has crippled the $1.7 trillion global tourism industry, and Facebook is reportedly considering revising the structure of its proposed Libra currency. Get the Full Story Complete the form...
In an effort to reduce the fashion industry’s environmental impact, Swedish fashion giant H&M launched a B2B service called Treadler that will let rivals access its global supply chain, the world’s second-biggest fashion retailer announced on Wednesday (March 4). Get the Full Story Complete the...
For Teel Lidow, it was supposed to be a vacation, not a business trip. He went to Chile, expecting to return to New York without incident. But after taking off, he realized it would not be a normal flight. The plane landed in Ecuador for...
The connected consumer wants to feel more connected. That’s one of the conclusions drawn from a new report on customer loyalty from Merkle, and it holds some clues for retailers looking to improve the recency and frequency of customer visits and purchases. Get the Full...
As the COVID-19 virus, or coronavirus, unfolds, financial technology provider WEX Inc. has cut its Q1 revenue outlook. The firm said in an announcement it has been keeping a close eye on the coronavirus situation and assessing its effect and that “the health and safety...
