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Stripe Teardown: How The $35B Payments Company Plans To Supercharge Online Retail

CB Insights

As businesses and consumers become more comfortable using credit cards online, the proportion of US commerce that takes place online has steadily increased over the last 20 years. Specifically, the Collisons aimed to more seamlessly connect online businesses and payment processors, allowing more businesses to accept online payments.

Online 98
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Issufy Scoops HSBC’s John Crompton For Chairman

PYMNTS

John Crompton, HSBC ’s former global head of corporate finance, has been named chairman of the advisory board at FinTech Issufy , which sells an electronic data management tool so banks can collect investor feedback online, as well as handle tasks such as the allocation of shares.

Capital 100
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China’s Babytree Makes The Case For Contextual Commerce

PYMNTS

An IPO from an Alibaba -backed online platform is fueled by those connections, and also serves as an example of the rise of contextual commerce, even if that debut has not gone as expected. It’s easy to understand how an online platform such as Babytree could enable contextual commerce. Contextual Commerce.

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Activist Investor Pushes eBay To Drop StubHub And Classifieds

PYMNTS

to eBay, advising the eCommerce giant that the time has come to shed both StubHub and its classified ads business in favor of a deeper focus on its core online retail marketplace. eBay bought StubHub for $310 million in 2007, and has tried to expand the franchise overseas with the purchase of Spain’s Ticketbis in 2016.

Resources 115
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Bidco Agrees To Acquire Paysafe In All-Cash Deal

PYMNTS

Pi UK Bidco Limited — a newly incorporated company jointly-owned and managed by American multinational private equity firm Blackstone and private investing consulting firm CVC — announced it has reached an all-cash agreement to acquire online payments company Paysafe.

Online 108
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Investors Balk At Talk Of Alt-SME Lending Collapse

PYMNTS

million worth of venture capital across two deals. But it was the big names from Google, Cisco and Hewlett-Packard that made for the week’s largest enterprise-focused venture capital round. The alternative small business lending market took home the biggest slice of cake this week with about $33.5 SME Finance. SME lender EZBob.

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How The Fed Will Impact Your Deposit Beta

South State Correspondent

First, we point out the difference between online banks with consumer relationships today versus the previous cycles. We calculate that online banks like American Express, Capital One, Marcus (Goldman Sachs), Ally Bank, and others hold a little over 9% of all domestic deposits. How to Apply to Your Bank.