Clearco, the global e-commerce investor and the company revolutionising the way founders grow their businesses, has appointed Alicia Ho as its first Australian Marketing Manager. She joins the rapidly scaling Fintech company with a remit to raise awareness of the opportunity Clearco’s AI and data science driven revenue-based funding brings to e-commerce businesses and to devise its foundational marketing strategy in Australia.
Credit/charge cards remained the leading online payment method among Australians in 2021, accounting for a third (33 percent) of e-commerce transaction values. However, a new report released today from financial technology leader FIS® (NYSE: FIS) is forecasting digital wallets to overtake credit/charge cards to become the leading e-commerce payment method in Australia by 2025.
Payhawk, the payment and expense solution with offices in London, Sofia, Berlin, and Barcelona, has raised an additional $100m to extend its Series B round to $215m. The Series B extension means that the company hits a valuation of $1bn, making Payhawk the first ever Bulgarian company to achieve unicorn status. The company plans to become a catalyst for the Bulgarian startup ecosystem, and continue to attract and retain the top 1% of talent in the market.
HAUL247, an end-to-end logistics e-platform has appointed Ized Uanikhehi and Kehinde Oyeniyi as Chief Marketing Officer and Head of Warehouse and Logistics respectively.
Although not a new concept, the word "Metaverse" has been on everyone's lips since Facebook rebranded itself as Meta and positioned itself as a major player in the new virtual world.
San Francisco-based tech firm Pubinno which builds the Internet of Beer with artificial intelligence, robotics, and cloud platforms, is now integrated with bitcoin payment infrastructure.
BizPay, a leading fintech that allows businesses to pay their invoices over time in four instalments, has announced the opening of its latest funding round. Since launching into the market in late 2019, the business has raised over $45 million to accelerate growth; in this funding round, BizPay is aiming to secure over $20 million. BizPay’s growing success is due to its ability to quickly and accurately analyse a company’s financial position, with minimal input from the customer.
GoCardless, a leading fintech in direct bank payment solutions, announced that it has secured a Series G funding round of AUD $437 million (USD $312 million), making it the latest European and UK tech unicorn at a valuation of AUD $2.9 billion. The investment is led by Permira’s Growth Opportunities fund, which brings significant experience in backing best-in-class payments and financial software businesses including Klarna, Clearwater Analytics and Carta.
Actyv.ai, an AI-powered Enterprise SaaS platform with BNPL for B2B embedded, has raised USD $5 million in a Pre-Series A funding round from Dubai-based 1Digi Investment management firm, the family office of Raghunath Subramanian, Global CEO, Actyv.ai. With these fresh funds, Actyv.ai plans to scale and expand globally.
Millennials are a complex generation with a wide array of nuances and interests. They belong to a generation that experienced a childhood without technology, but as they reached adolescence and young adulthood, they have seamlessly incorporated the use of smartphones and digital communication into their routines.