E-commerce

Voice assistant-powered e-commerce transaction values are expected to reach 19.4bn by 2023, an increase from just $4.6bn in 2021.

E-commerce startup that powers cashback for online social sharing recommendations Wildfire Systems landed $15m in its first round of venture capital funding co-led by TTV Capital and QED Investors.

US payments network Rapyd has secured $300m from a Series E funding round led by Target Global.

Merchant payments and financial services provider BharatPe raised $370m in a primary and secondary mix, as a part of a Series E funding round led by new investor New York-based Tiger Global Management.

India has introduced the e-RUPI, which is a cashless and contactless digital payment system to support the global shift towards digital payments.

Market share statistics by CMA9 – the nine largest UK banks – has found open banking platform Token is driving the adoption of open banking payments in the country.

Twitter co-founder Jack Dorsey's digital payments platform Square has acquired Australian 'buy now, pay later' firm Afterpay to create an online payments powerhouse and help accelerate Afterpay’s growth in the US.

US FinTech firm Fiserv and Goldman Sachs have introduced their first product offering from its ongoing strategic partnership.

After the successful launch of their numberless FamCard, FamPay has launched India’s first Visa Prepaid Card for teenagers with personalized doodles on it.

NYC-based card issuing platform for developers Lithic raised $60m in Series C funding, making the company a soonicorn.