Ppro news and trends

PayPal Ventures-Backed PPRO Raises $93 Million for Local Payments Platform
Investments // March 13, 2024

PPRO has raised 85 million euros ($93 million) to expand and enhance its local payments platform. The company will use the new funding to grow in key markets and enhance its global network of local payment methods, PPRO said in a Wednesday (March 13) press...

The Risks of Not Offering Local Payments
Payments Innovation // February 27, 2023

Three-quarters of global eCommerce is conducted using local payment methods, but offering such a diversity of payments may be difficult for merchants to do on their own, says Spreedly’s Andy McHale.

Offering Local Payments Is Merchants’ First Step Toward Expanding Overseas
Payments Innovation // February 24, 2023

Merchants are expanding their operations abroad on a grand scale, taking advantage of the eCommerce boom to market in new regions and demographics. While industry giants such as Alibaba and Amazon dominate most of the scene, the growing popularity of aggregated marketplaces has also allowed...

Today in FinTech: Stax Joins Unicorn Club; PPRO Acquires Alpha
Fintech Investments // March 08, 2022

In today’s FinTech news, minority-led startup Stax hits unicorn status, while PPRO aims for a bigger Asia Pacific (APAC) presence with the purchase of Alpha Fintech. Plus, hotel payment software startup Selfbook plans to use its $15 million Series A extension to team up with...

Interviews & Exclusives
Offering Local Payments Is Merchants’ First Step Toward Expanding Overseas

February 24, 2023
Merchants are expanding their operations abroad on a grand scale, taking advantage of the eCommerce boom to market in new regions and demographics. While industry giants such as Alibaba and Amazon dominate most of the scene, the growing popularity of aggregated marketplaces has also allowed smaller businesses to harness international retail. Expanding abroad is no […]

‘Dollars On The Floor’ — Why A Lack Of Local Payment Options Hurts Retailers

July 05, 2018
In Germany, security matters. In China, one must make sure to bring their top mobile game. Scandinavia has a thing for invoice-based payment programs. Much of North America remains anchored...

PPRO: The 10 Fastest Growing Global eCommerce Markets

March 21, 2018
It’s an exciting time to be a global brand. In western markets, eCommerce continues to grow steadily — but, more importantly, it’s taking significant hold in less developed markets, opening...

Why Boots On The Ground Matter In Cross-Border Payments

October 26, 2017
As eCommerce grows — and increased top lines beckon — navigating through the payments preferences and practices in foreign markets proves tricky. PPRO has opened a U.S. office to help...

Quick Reads
PayPal Ventures-Backed PPRO Raises $93 Million for Local Payments Platform

March 13, 2024
PPRO has raised 85 million euros ($93 million) to expand and enhance its local payments platform. The company will use the new funding to grow in key markets and enhance its global network of local payment methods, PPRO said in a Wednesday (March 13) press release. “Our focus on helping customers access new markets by […]

Payments Infrastructure Firm PPRO Buys Alpha Fintech

March 08, 2022
Digital payments infrastructure firm PPRO acquired payments technology platform Alpha Fintech for undisclosed terms, according to a Tuesday (March 8) press release. The acquisition will bolster PPRO’s presence and networks...

PPRO Boosts Funding Round To $270 Million With JPMorgan, Eldridge

March 25, 2021
London-based payments infrastructure provider PPRO upped its latest funding round to $270 million with cash infusions from J.P. Morgan Chase & Co. and Eldridge. PPRO Chief Executive Officer Simon Black said...

FinTech PPRO Raises $180 Million, Hits Unicorn Status

January 19, 2021
London-based payments infrastructure provider PPRO has pulled in new investment amounting to more than $180 million that raises the company’s value above $1 billion, according to a Tuesday (Jan. 19)...