Chinese tech giant Alibaba’s global expansion plans — and efforts to rival Amazon by adding more U.S. businesses to its eCommerce platform — are on hold as the company has struggled to meet its goals, according to a Financial Times report Tuesday (July 26). Alibaba...
Glovo, a Spanish food delivery startup, has exited several Middle Eastern countries in what it has said is a strategic move to help the company grow in a smarter way, according to reports on Tuesday (Jan. 21). The countries exited include Turkey, Egypt, Uruguay and...
Mumbai, India-based online business-to-business (B2B) marketplace Beldara is planning a global expansion to link more international suppliers with overseas buyers, reports said on Thursday (Jan. 16). The two-year-old startup connects more than 5,000 brands in 30 categories, and has 450,000 products listed on its platform. “It...
Visa is buying Plaid — the startup that develops APIs for financial services — for $5.3 billion. By helping to bridge the gap between apps and consumers, Plaid brings new fund flows and payment integration capabilities to Visa. The payments giant sees opportunity to bolster...
December 12, 2022
Small to midsized businesses (SMBs) have a range of payment choices when deciding to launch operations internationally. While most SMBs globally launching will have some web presence, many may still use legacy payment methods to send and receive funds. Payments digitization helps SMBs grow internationally, but successful implementation has numerous challenges. In “International B2B Payments: […]
January 14, 2020
Visa is buying Plaid — the startup that develops APIs for financial services — for $5.3 billion. By helping to bridge the gap between apps and consumers, Plaid brings new...
November 22, 2019
Consumers and their credit providers aren’t always aligned when it comes to best outcomes. For a customer using a revolving credit tool, such as a credit card, the best outcome...
October 14, 2019
After the mass exodus on Friday (Oct. 11) from the Libra project, the cryptocurrency’s remaining 22 corporate backers are gathering in Geneva, Switzerland to throw their weight behind the new...
July 26, 2022
Chinese tech giant Alibaba’s global expansion plans — and efforts to rival Amazon by adding more U.S. businesses to its eCommerce platform — are on hold as the company has struggled to meet its goals, according to a Financial Times report Tuesday (July 26). Alibaba launched its B2B eCommerce site, Alibaba.com, in the U.S. three […]
January 22, 2020
Glovo, a Spanish food delivery startup, has exited several Middle Eastern countries in what it has said is a strategic move to help the company grow in a smarter way,...
October 24, 2019
U.K. digital bank Starling Bank announced that it has raised £30 million (more than $38.7 million USD) in a new funding round. Merian Chrysalis Investment led the round with an...
June 26, 2019
Carsharing leader Getaround announced that it is expanding its global footprint with its $12 million acquisition of Nabobil. Founded in 2015, Nabobil has built a strong user base in Norway....
