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Banking-As-A-Service, B2B eCommerce Lead Busy Week For B2B FinTech Funding

PYMNTS

It was a busy week for B2B venture capitalists who spread their wealth amongst a wide range of B2B FinTechs, with investments totaling more than $164 million. India-based B2B eCommerce company SOLV secured an investment from SC Ventures , the companies announced this week, although they did not reveal the value of the funding.

B2B 77
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Blockchain Tries To Jolt B2B eCommerce Into The Digital Age

PYMNTS

The complexities and demands of B2B eCommerce can be significantly greater than those of the consumer digital shopping realm. Overall, B2B eCommerce is stuck in the past, said Inxeption CEO and Co-founder Farzad Dibachi. ” The reliance of B2B eCommerce on EDI technology demonstrates the importance of digital data in the sector.

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Alibaba Invests In AR Car Tech Developer WayRay

PYMNTS

Many of the largest automotive and tech industry players have been investing in developments geared toward a future populated by smart and connected cars. Just recently, Chinese internet and eCommerce marketplace giant Alibaba made the lead investment in an $18 million Series B venture funding round of smart car tech developer WayRay.

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Text Appeal: SMS Helps Retailers Connect During Pandemic

PYMNTS

According to eCommerce automation and analytics platform Yotpo, more than 65 percent of online shoppers are browsing or buying from their mobile devices. Invest in marketing channels that engage your customers on their preferred channels. One of them is through SMS messaging.

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B2B Tech Startups Land Backing To Modernize The Enterprise

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Though it didn't reveal how much it raised, Zero Hash, based in Chicago, announced the close of its Series C investment round led by holding company tastytrade. As organizations accelerate their sales digitization efforts, B2B eCommerce has jumped to the top of strategic planning initiatives. Cloudentity.

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Paytm Hires Ex-Alibaba Exec To Ramp eCommerce Collaboration

PYMNTS

Indian payments startup Paytm has hired Alibaba’s head of wholesale business to steer its growth and build a stronger collaboration with the Chinese eCommerce giant. “Alibaba is very keen on coming to India in a very big way, particularly in the eCommerce sector,” a senior government official told The Economic Times.

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The Walmart Amazon Whole Paycheck Tracker: The Regulation And eCommerce Loss Blues

PYMNTS

But, as Walmart and Amazon seem to like to do things in tandem, Walmart is also paying for some success — in this case success in rapidly building out its eCommerce operations. The court specifically cited Section 230 of the Communications Decency Act, which protects a platform from the actions taken by its users.