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Indonesia’s Internet Start-Ups Gojek and Tokopedia Announce Merger
Indonesia ride-hailing and payments firm Gojek on Monday announced its merger with e-commerce player Tokopedia to form the GoTo Group.
- Categories
- Finance, Technology
- Region
- South Asia
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Amazon, Safaricom Explore Enabling M-Pesa Wallets on Amazon
Kenyan telecom Safaricom is discussing the use of its mobile money service M-Pesa on Amazon’s eCommerce platform, Bloomberg reported.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Hubtel Partners Visa for Seamless Payments of Its E-commerce Platform
Hubtel, an indigenous eCommerce & SMS messaging company, has entered into a partnership with Visa, to expand access to seamless payments on its eCommerce platform.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Mastercard and Kasha Reinforce Commitment to Empower Women and Support Micro-Entrepreneurs in Africa
Mastercard today expanded its relationship with Kasha Global Incorporated through an investment in the purpose driven ecommerce platform.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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Press Release: FSS and NIPL Partner to Expand UPI Global Footprint
FSS (Financial Software and Systems), a globally leading provider of integrated payment products and India’s largest payments processor, and NPCI International Payments Ltd (NIPL, International arm of National Payment Corporation of India), have signed a strategic partnership to expand UPI (Unified Payment Interface) rails in international markets.
- Categories
- Finance
- Region
- Asia Pacific
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Amazon Announces $250 Million Venture Fund for Indian Startups
Amazon on Thursday announced a $250 million venture fund to invest in Indian startups and entrepreneurs focusing on digitization of small and medium-sized businesses (SMBs) in the key overseas market.
- Categories
- Uncategorized
- Region
- Asia Pacific
- Tags
- e-commerce, MSMEs, startups
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Press Release: Nuvemshop Raises $90 Million as It Catalyzes E-Commerce and Entrepreneurship Across Latin America
With tremendous momentum over the past year, Nuvemshop tripled its customer base and has been a key enabler of commerce in the region. Latin America is not only a huge market (with over 650 million consumers), it is now the fastest growing e-commerce market in the world, reaching $85 billion in total sales.
- Categories
- Technology
- Region
- Latin America
- Tags
- e-commerce
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Stori Raises $32.5 Million in a Lightspeed-led Series B to Build Mexico’s Credit Card for the Masses
While credit cards are commonplace in the United States, they are far less ubiquitous in many other countries, particularly those in Latin America. In Mexico in particular, cash remains the dominant method of payment, with an estimated 86% of all payments being in the form of cash.
- Categories
- Finance, Technology
- Region
- Latin America
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