News

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Amazon Ups Sponsored Ads in Searches

Amazon Ups Sponsored Ads in Searches
Amazon Ups Sponsored Ads in Searches
September 19, 2021  |  Amazon

Amazon is selling more ads — and charging more for them — to companies seeking to buy product listings atop customers’ search results, CNBC reports....

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Flipkart Wholesale, Davinta Team to Offer BNPL Capabilities to Retail Clients
Flipkart Wholesale, Davinta Team to Offer BNPL Capabilities to Retail Clients
September 19, 2021  |  B2B Payments

Flipkart Wholesale is pairing with Davinta Financial Services to offer buy now, pay later (BNPL) option terms to Flipkart’s small- to medium-sized business (SMB) customers,...

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US Official Asks India to Look Into Central Bank’s Mastercard Ban, Report Says
US Official Asks India to Look Into Central Bank’s Mastercard Ban, Report Says
September 19, 2021  |  International

A U.S. trade official has issues with India’s decision earlier this year to bar Mastercard from issuing new cards, Reuters reported. Get the Full Story...

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Digital Asset Marketplace Bakkt Readies SPAC Merger
Digital Asset Marketplace Bakkt Readies SPAC Merger
September 19, 2021  |  Partnerships / Acquisitions

Bakkt Holdings, a digital asset marketplace, will merge with special purpose acquisition company (SPAC) VPC Impact Acquisition Holdings (VIH), according to a press release. Get...

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Procure-to-Pay Startup PayMate Eyes Funding to Shore Up Reserves
Procure-to-Pay Startup PayMate Eyes Funding to Shore Up Reserves
September 19, 2021  |  B2B Payments

Indian procure-to-pay startup PayMate is seeking to raise $4 million, including a lead investment of $2 million from U.S.-based Felicitas Equity Fund, as well as...

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China’s X-Border, Risk Service Provider XTransfer Nets $138M for Product Upgrades
China’s X-Border, Risk Service Provider XTransfer Nets $138M for Product Upgrades
September 19, 2021  |  B2B Payments

XTransfer, a Chinese cross-border financial and risk management service provider, has come away from a Series D funding round with $138 million, according to a...

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AP Automation Software Maker AvidXchange Plans Nasdaq IPO
AP Automation Software Maker AvidXchange Plans Nasdaq IPO
September 19, 2021  |  IPO

AvidXchange, which describes its business as “transforming how [middle-market businesses] receive, manage and pay their bills,” filed Friday (Sept. 17) to go public on the...

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B2B Food Marketplace SupplyMe Opens eCommerce Site in UAE
B2B Food Marketplace SupplyMe Opens eCommerce Site in UAE
September 19, 2021  |  B2B Payments

Online B2B marketplace SupplyMe, which connects local food suppliers with food service businesses, is rolling out in the United Arab Emirates, Tradearabia.com reported. Get the...

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Bitcoin Daily: Russia Central Bank to Delay Digital Asset Exchange Payments; Christie’s to Auction NFTs
Bitcoin Daily: Russia Central Bank to Delay Digital Asset Exchange Payments; Christie’s to Auction NFTs
September 19, 2021  |  Bitcoin

In other news, the Bank of Russia will be working with commercial banks to delay payments to digital asset exchanges, intending to limit “emotional” crypto...

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