Remove Currencies Remove eCommerce Remove Numbers Remove Valuation
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Bolt Nets $75 Million In Funding Round For eCommerce Innovation

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The round saw the company's valuation hit over $215 million. While it initially focused on currency in online checkouts, the company has branched out to work on checkout and fraud detection, integrating with companies like Shopify , Magento , BigCommerce , WooCommerce and Salesforce Commerce Cloud , according to the the report.

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Enterprise Security Returns To Top Of B2B Investment Mountain

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But Software-as-a-Service emerged as a hot spot, too, with the largest investment round of the week going to a B2B eCommerce SaaS provider. GoExpedi provides companies in the oil and gas drilling industry with a B2B eCommerce platform through which they can procure complex parts and supplies for maintenance, repair and operations (MRO) needs.

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Big Fizzles For Once High-Flying Unicorn Investors

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billion rescue, and also said it had taken its valuation of the beleaguered workspace company down by 80 percent, to around $5 billion at the end of the most recent quarter. That’s a far cry from January of this year, when WeWork raised $1 billion in a funding round (that included SoftBank ) and its implied valuation was $47 billion.

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Sizzle Fizzle: Amazon And Western Union Sizzle, Phone Upgrades Fizzle

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Western Union processes an average of 32 transactions every second on its platform and moved $300 billion across 130 currencies in 2017, and Ersek said it is more than capable of handling Amazon volume. . “W The main draws, according to Forrester, are choice, quality and cost for consumers to shop online from overseas. percent per year.

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The Frightful Five: Fake Apps And Hubcaps

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The eCommerce giant teamed up with Hyperwallet to ensure that merchants using the platform could be paid quickly, in their desired currency and sans exorbitant cross-border fees. Spiking interest in cryptocurrency drove the fake app to the number-three spot in the finance app category before it was removed.

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Big Fizzle: Marcus Libra Optimism A Fizzle In The Making?

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Each of those backers is slated to ante up $10 million to help launch the digital currency. The current issues and the current system cited by Marcus are still there to be grappled with, of course, spanning privacy and security and any number of central banks that are training their sights on issuing their own digital currencies.

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Uber’s Rough Ride Of A Week

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All in, hackers managed to nab names, email addresses and phone numbers of 50 million Uber riders around the world, as well as the data of about 7 million drivers, which includes 600,000 U.S. drivers’ license numbers. It’s a big number – but it comes as a big discount for buyers offering $32.97 billion in funding.