Today in the connected economy, Africa-based mobility FinTech Moove joins forces with Uber to help Moove expand into India. Plus, credit card FinTech Cardless inks an agreement with American Express, and Jeremy King of Pinterest tells PYMNTS’ Karen Webster about his company’s eCommerce plans.
Africa-based mobility FinTech Moove is working with rideshare and delivery platform Uber to help Moove expand into India. Moove wants to have 5,000 compressed natural gas (CNG) and electric vehicles on the streets Mumbai, Hyderabad and Bangalore within the first year of the collaboration, with the goal of more than 30,000 across the next five years.
Credit card FinTech Cardless has signed an agreement with American Express that lets several the most popular brands in America launch digital-first cards via the Cardless platform. The partnership comes at the same time as an investment from Amex Ventures, American Express’ strategic investment operation. Cardless will use its money from Amex Ventures and other investors to continue to expand its product offerings, such as exploring new opportunities, innovations and partnerships inside the American Express network.
When Pinterest CEO Ben Silbermann moved to an executive chairman role last month, bringing in Google’s Bill Ready as CEO, there was little doubt the company was deepening its reach into the world of eCommerce. The platform quickly rolled out a range of merchant features and tools designed to make Pinterest more shoppable without giving up its identity as a place for inspiration. But as Senior Vice President and Head of Engineering Jeremy King told PYMNTS’ Karen Webster, Pinterest had already been moving toward building a shopping catalog.
On-demand grocery delivery startup Gorillas has inked a deal with NielsenIQ designed to join the startup’s speed and efficiency with the power of Big Data. The collaboration will give manufacturers more detailed insights into their operations that will help them increase their speed and ability to understand their companies.
Digital payments solutions provider Network International is bringing WhatsApp for Business banking services to financial institutions (FIs) across Africa, thanks to a partnership with the cloud communications firm Infobip. Launched as a payments subsidiary of Emirates Bank in 1994, Network International has grown its presence across the Middle East and Africa, with offices in Nigeria, South Africa, Kenya, Ghana and Egypt, and a presence in nearly every other African country.
InsurTech provider Cover Genius, which offers embedded insurance, has acquired embedded ticket protection for sellers’ platform Booking Protect for an undisclosed amount. With Booking Protect, Cover Genius is extending its reach in the ticketing and live entertainment space by offering embedded protection for ticket sellers, platforms and live event companies. Booking Protect’s more than 350 partners will get access to embedded ticket protection through XCover from Cover Genius, a global distribution platform.
With millions of Americans unable to afford regular dental care, buy now, pay later (BNPL) providers have found a new opportunity to attract new users. This not only puts dental care within reach in a badly strained economy, it also gives dental practices an added revenue stream, letting them bring in new patients who couldn’t afford their services otherwise.