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Funding Lands T&E Firm TripActions $4B Valuation

PYMNTS

Corporate travel and expense (T&E) management solutions provider TripActions led this week’s B2B venture capital roundup with its announcement of new funding that propelled its valuation to $4 billion. PYMNTS looks at other industry players around the globe that caught investors’ attention below. TripActions.

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Can Mobile Solve A City’s Transit Payment Challenges?

PYMNTS

The surge in eCommerce is making efficient di gital payment options an important part of maintaining a healthy cash flow. percent by 2027, when it will reach a total valuation of $87.6 As the demand for digital payments surge, however, the systems that used to keep them secure are falling short.

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eBay, Amazon And eTail’s Royal Rumble

PYMNTS

This is not the first case of its kind in the high-stakes world of eCommerce and mobile commerce competition. Some funding here, and some funding there, and pretty soon the valuations start to get a bit heady. The valuation stands at $7.6 billion in its coffers. billion as the company reportedly readies for an IPO.

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Visa’s Long-Term View On Klarna

PYMNTS

Visa’s push into mobile payments continues when late last month it announced its strategic investment in Klarna, the 12-year-old, Sweden-based startup focused on payments and POS financing that counts 70,000 eCommerce sites among its 65 to 70 million customer roster throughout 18 countries. according to Gajda. “We

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Uber’s Rough Ride Of A Week

PYMNTS

At the time, Uber – at the directive of its chief security officer – hid the breach and paid hackers about $100,000 to destroy the data. The ride-sharing company said that no Social Security numbers, credit card information, trip location details or other data were taken. billion in funding. drivers’ license numbers.

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AI Platform By Conversica Automates Business Conversations

PYMNTS

The implied valuation here is $700 million. The new capital will help fund global expansion, with focus, as the name implies, on eCommerce. This eCommerce deal marks the first one of size seen in our Investment Tracker in several weeks. The AI assistant becomes part of our client’s sales team.

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Farfetch IPO Shows Luxury Retailers Ready To Ware Online

PYMNTS

This week, luxury online marketplace Farfetch filed to list its shares on the New York Stock Exchange (NYSE) at a valuation, rumored by outlets such as CNBC, to be as much as $6 billion. Securities and Exchange Commission (SEC). Securities and Exchange Commission (SEC).

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