Expansion

The action of becoming larger or more extensive. Expansion is the phase of the business cycle where real GDP grows for two or more consecutive quarters, moving from a trough to a peak.

Source: investopedia.com

Walmart-backed Flipkart Looks to Raise Up to $3B on $40B+ Valuation
Walmart-backed Flipkart Looks to Raise Up to $3B on $40B+ Valuation
October 25, 2022  |  Walmart

In an attempt to expand its eCommerce reach in India, Walmart is considering raising up to $3 billion for its eCommerce brand Flipkart, currently at...

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Fidelity Ups Digital Asset Hiring as Crypto Firms Struggle
Fidelity Ups Digital Asset Hiring as Crypto Firms Struggle
October 23, 2022  |  Cryptocurrency

Fidelity Investments will hire 100 more workers for its digital assets operations as it expands on its efforts to lure talent away from struggling crypto...

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Mexico’s BNPL App Nelo Nets $100M Credit Line for Expansion
Mexico’s BNPL App Nelo Nets $100M Credit Line for Expansion
October 19, 2022  |  BNPL

Mexican BNPL app Nelo has gotten a $100 million credit facility from Victory Park Capital, which will help it grow its business and cushion its...

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Australian Alcohol Delivery Firm Jimmy Brings Launches New Storefront
Australian Alcohol Delivery Firm Jimmy Brings Launches New Storefront
October 19, 2022  |  eCommerce

Australian express alcohol delivery service Jimmy Brings has launched a progressive web app (PWA) storefront built on the headless architecture of eCommerce platform BigCommerce. The...

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Lendica, Altametrics Debut B2B BNPL Options For Restaurants
Lendica, Altametrics Debut B2B BNPL Options For Restaurants
October 17, 2022  |  Partnerships

Embedded finance company Lendica has debuted an instant-approval payments plan to offer B2B BNPL options with Altametrics, which provides software for restaurants, a press release...

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Shoplazza Adds PayerMax Collection Solutions to eCommerce Platform
Shoplazza Adds PayerMax Collection Solutions to eCommerce Platform
October 13, 2022  |  Partnerships

Singapore-based global payments solution PayerMax and Canada-based global eCommerce platform Shoplazza have partnered to provide Shoplazza merchants with payment collection processes and other FinTech services....

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Select BNY Mellon Customers Can Now Deposit Bitcoin, Ether
Select BNY Mellon Customers Can Now Deposit Bitcoin, Ether
October 11, 2022  |  Cryptocurrency

The biggest bank in the country and the first of the larger financial institutions in the U.S. is now accepting cryptocurrency deposits for bitcoin and...

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UK FinTech Ecospend, Car Repair Payment Platform Bumper Team on A2A Payments
UK FinTech Ecospend, Car Repair Payment Platform Bumper Team on A2A Payments
October 10, 2022  |  Payment Methods

Open banking payment provider Ecospend has launched a new marketplace payment solution for car repair-focused BNPL platform Bumper that will help connect customers with car...

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Turkish Delivery Startup Getir Moving to Snap Up Gorillas
Turkish Delivery Startup Getir Moving to Snap Up Gorillas
October 10, 2022  |  Startups

Turkish delivery startup Getir is reportedly moving to finalize details to close a deal for undisclosed terms to snap up German competitor Gorillas Technologies. The...

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