Fintech and ecommerce

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Alibaba is offering $1.5 billion for China’s last big independent grocer. The bidding war with Meituan is on.

Asia, China, Digital Marketing, Fintech and ecommerce, Merge and Acquisition, SEO Tips, Technology /

Alibaba Group is offering $1.5 billion to acquire Pupu, one of China’s last independent online grocery platforms, according to Bloomberg. The bid is more than double a $600 million proposal from Sun Art Retail, the former Alibaba affiliate now backed by private equity firm DCP Capital. The move comes months after Meituan agreed to pay $717 million for […]

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Alibaba is offering $1.5 billion for China’s last big independent grocer. The bidding war with Meituan is on. Read More »

Coinbase launches an AI agent that can trade crypto and pay for research on your behalf

Artificial Intelligence, blockchain, Digital Marketing, Fintech and ecommerce, Next Featured, SEO Tips, Technology /

Coinbase has launched an AI agent that can execute crypto trades and pay for premium research data on behalf of users. The agent integrates with a user’s main Coinbase account or can operate in a separate sandbox. It trades spot crypto and derivatives markets, with support for equities and prediction markets planned next. Users can […]

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ShopAgentic raises €1.9M to build commerce infrastructure for AI shopping agents

Artificial Intelligence, Digital Marketing, Europe, Fintech and ecommerce, Investors and funding, SEO Tips, Technology /

A German startup wants to rebuild online commerce for shoppers who are not human. ShopAgentic has raised a €1.9mn pre-seed to do it. May Ventures and Greenfield Capital co-led the oversubscribed round. What ShopAgentic is building ShopAgentic calls itself a “native agentic commerce system”. It runs a squad of specialised AI agents, each owning one […]

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OpenAI plugs Visa into ChatGPT so AI agents can shop and pay at any Visa merchant

Artificial Intelligence, Digital Marketing, Fintech and ecommerce, OpenAI, SEO Tips, Technology, United States /

OpenAI is wiring a payment network into ChatGPT. Under an expanded partnership announced at the Visa Payments Forum on Wednesday, AI agents inside OpenAI’s products will be able to shop and pay on a user’s behalf at, in principle, any of the more than 175 million merchant locations that accept Visa, once the user grants […]

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OpenAI plugs Visa into ChatGPT so AI agents can shop and pay at any Visa merchant Read More »

Italian fintech unicorn Satispay reportedly plans €120M raise to push into stock trading

Digital Marketing, Europe, Fintech and ecommerce, Investors and funding, Next Featured, SEO Tips, Technology /

Satispay, the Milan-based mobile payments company that became Italy’s second unicorn in 2022, is reportedly planning to raise up to €120 million ($139 million) in fresh funding. The round would fuel the fintech’s expansion beyond payments into stock and ETF trading, savings, investments, and pensions. Existing investors are set to vote on the round on […]

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Italian fintech unicorn Satispay reportedly plans €120M raise to push into stock trading Read More »

Poetic emerges from stealth with $50M from OpenAI to automate insurance underwriting and compliance

Artificial Intelligence, Digital Marketing, Fintech and ecommerce, Investors and funding, OpenAI, SEO Tips, Technology, United States /

Poetic, an AI startup that has been operating in stealth, has emerged with $50M in funding and a $500M valuation to automate some of finance’s most sensitive back-office work, from insurance underwriting to compliance and fraud checks. Its backers include OpenAI, Peter Thiel’s Founders Fund, and Kleiner Perkins. The company was founded by Markie Wagner, […]

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Capsa AI raises $18M to build the ‘AI operating system’ for private equity

Artificial Intelligence, Digital Marketing, Fintech and ecommerce, Investors and funding, SEO Tips, Technology, UK /

Capsa AI, a London and New York startup building what it calls an “AI operating system” for private capital, has raised $18M in Series A funding. The round was co-led by TX Ventures and Pivot Investment Partners, with participation from Bek Ventures, and takes the company’s total raised to $20M. Every existing institutional backer reinvested, […]

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The ECB moved to rein in Revolut’s ‘self-guided missiles’, just as a share sale values it at $115bn

Digital Marketing, Europe, Fintech and ecommerce, Government and policy, SEO Tips, Technology, UK /

The European Central Bank quietly moved to rein in Revolut last year, restricting Europe’s most valuable fintech from launching new products across the European Economic Area over concerns about how fast it approved them, the Financial Times reported on Wednesday. The intervention had not been disclosed before. The ECB paused Revolut’s European arm from releasing […]

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The ECB moved to rein in Revolut’s ‘self-guided missiles’, just as a share sale values it at $115bn Read More »

Vinted’s CEO says the US is an “enormous opportunity” as the $9B secondhand marketplace plots its Atlantic crossing

Digital Marketing, Ecosystems, Fintech and ecommerce, Next Featured, SEO Tips, Technology /

Vinted, the Lithuanian secondhand marketplace valued at €8 billion after an €880 million secondary share sale in April, is pushing into the United States and sees an “enormous opportunity” in the American resale market, according to marketplace CEO Adam Jay. Speaking at London Tech Week on Sunday, Jay told CNBC that the shift toward secondhand […]

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Vinted’s CEO says the US is an “enormous opportunity” as the $9B secondhand marketplace plots its Atlantic crossing Read More »

Klarna launches US savings accounts at 3.28% as the buy-now-pay-later company tries to become a bank

Digital Marketing, Fintech and ecommerce, Next Featured, SEO Tips, Technology, United States /

Klarna is launching high-yield savings accounts in the United States with an annual percentage yield starting at 3.28%. The accounts are FDIC-insured through a partnership with WebBank and are designed to let existing Klarna spending customers hold savings within the same platform. “The average American earns less than 0.5% on their savings, not because better options don’t […]

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Klarna launches US savings accounts at 3.28% as the buy-now-pay-later company tries to become a bank Read More »

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