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Today In Payments Around The World: Red Dot Lands $200M For Tech Startups; Walmart Sells Retail Locations To Grupo de Narváez

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In today’s top payments news around the world, Red Dot Capital Partners has landed $200 million to invest in tech firms, Walmart announced it would sell its retail operations in Argentina to Grupo de Narváez. Israeli’s Red Dot Capital Raises $200M For Southeast Asia-Focused Tech Startups.

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Amazon Opens Three More Brazilian Logistics Hubs

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The new centers are operating in Minas Gerais, Rio Grande do Sul and Brasilia, the country’s capital, and increase the number of Amazon logistics hubs in Brazil to eight. . Although lockdown measures are easing, online sales are still booming.

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Target Aims To Purchase Delivery Startup Deliv

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Valued at $190 million two years ago, Deliv has raised $85 million in venture capital since its founding in 2012, according to PitchBook Data Inc. Deliv’s venture investors include General Catalyst, PivotNorth Capital, Redpoint Ventures and Upfront Ventures, according to its website. Google and Enterprise Holdings Inc.,

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Affirm IPO Now On Track To Raise More Than $1.1 Billion

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Affirm , which provides installment payments to online consumers, priced its planned initial public offering (IPO) at $49 per share, higher than its marketed range of $41 to $44 per share, and is on track to raise over $1.1 At $44 per share, Affirm would have a market capitalization of $11.9 billion, Bloomberg reported. million shares.

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London FinTech SumUp Gets Digital Money License From Irish Central Bank

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SumUp has been active in Ireland since 2012 and has introduced electronic payments to thousands of businesses. The company has also recently launched new solutions — payment links and invoicing options; the eCommerce suite SumUp Online Store; and gift card partnerships with Google, Facebook and Instagram.

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FinTech Affirm Raises $500M In Latest Funding Round

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The privately-held FinTech was founded in 2012 as an installment loan provider for shoppers to finance a purchase. The funding initiative was led by returning investor GIC, a wealth fund established by the Singapore government, and Durable Capital Partners, a Maryland investment company, the release stated. million U.S.

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SaaS Firm CEO Resigns; Layoffs, SEC Investigation Follow

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NS8 , a Las Vegas-based online fraud prevention and detection software maker for small and medium-sized businesses (SMBs), has begun layoffs following the abrupt resignation of its CEO. Founded in 2012 with 50 employees, the company grew to more than 200 workers within the last year.

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