payment solutions

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payment solutions

A decade ago, SumUp was one of the army of fintechs that made names for themselves with dongles that turned basic smartphones into card payment terminals. Today, the London-based company has expanded into a wider range of business services that are used by some 4 million small and medium businesses…

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PayPal expands its ‘pay later’ options with a more flexible ‘PayPal Pay Monthly’ service

After Apple shook up the Buy Now, Pay Later market with news that it would now be a competitor to established firms, PayPal this morning is introducing another buy now, pay later product to follow the 2020 launch of its “Pay in 4″ installment program. The new offering, PayPal Pay Monthl…

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Payrails emerges from stealth with $6.4M led by a16z to build the OS for payments

Payments — taking and and paying out money — remains a fragmented and complex area for merchants, marketplaces and others that do business with multiple parties online, and as it grows — from $1.5 trillion today to $2.9 trillion by 2030 — that complexity will grow, too. Toda…

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Cococart sweetens the process for e-commerce companies to take orders immediately

Cococart's tools enable merchants to set up an online store in minutes with no code, no design and no app downloads.

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South African payments gateway Ozow raises $48M Series B led by Tencent

According to a 2019 report by Deloitte, about 80% of South Africans have a bank account but only 24% of them make more than three transactions monthly. Unlike other African countries, South Africa also has a functioning credit system with the prevalent use of credit cards. However, expensive value-…

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PideDirecto bags $5.25M; aims to be ‘Shopify with 30-minute deliveries’

Since its launch a year ago, the company has grown 32% month over month, has approximately 1,000 brand clients and processed over 500,000 orders.

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Holidu books $45M after growing its vacation rentals business ~50% YoY during COVID-19

Vacation rental startup Holidu has tucked $45 million in Series D funding into its suitcase — bringing its total raised since being founded back in 2014 to more than $120 million. The latest funding round is led by 83North, with participation from existing investors Prime Ventures, EQT Ventur…

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Indonesian payments infra startup Xendit raises $64.6M in Accel-led Series B

Fueled by the COVID-19 pandemic, digital transformation is happening all over the world. And Southeast Asia is no exception. Indonesia’s Xendit, a startup focused on building digital payments infrastructure for the region, has just raised $64.6 million in a Series B led by Silicon Valley heavyweigh…

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WhenThen’s no-code payments platform attracts $6M from European VCs Stride and Cavalry

The payments space — amazingly — remains up for grabs for startups. Yes, dear reader, despite the success of Stripe, there seems to be a new payments startup virtually every other day. It’s a mess out there! The accelerated growth of e-commerce due to the pandemic means payments are now…

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YC makes a Product Hunt, Product Hunt makes an a16z, a16z makes a YC

Tech innovation is a cycle, especially in the main character-driven world of early-stage venture capital and copycat nature of startups.

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When do layoffs matter? Trick question — always

Equity is the TechCrunch podcast about the business of startups, where we unpack the numbers and nuance behind the headlines.

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