article thumbnail

Asian Fintech Deal Sizes Dwarfed Those of U.S. in 2015

Bank Innovation

deal sizes in 2015, a new report from KPMG and CB Insights shows. Global fintech funding skyrocketed in 2014 and 2015, but tapered off in the fourth quarter of 2015, with the implication that 2016 won’t be so sweet, according to the report. Asian fintech deal sizes dwarfed U.S. But yesterday’s Ant Read More.

Fintech 150
article thumbnail

Retailers tap the power of mobile apps during holiday season

Payments Dive

Here's a reason for retailers to be "appy" this holiday season: Purchases made on mobile apps more than doubled in 2015, to nearly $50 billion. We look at holiday-specific shopper apps and how retailers can parlay these concepts into direct spending online and in the store.

Retail 284
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Amazon Puts New Online Grocery Customers On Hold

PYMNTS

In addition, hours at some physical locations of Whole Foods stores have been curtailed to allow for restocking and others are now focusing exclusively on fulfilling online grocery orders as the coronavirus pandemic accelerates demand beyond capacity. . “In Many shoppers still cannot place orders for delivery due to a lack of time slots.

Online 178
article thumbnail

China Rapid Finance Hopes Its U.S. IPO Will Grow Chinese Customers

Bank Innovation

As only the second Chinese online lender to go public in the U.S. first was Yirendai in 2015), China Rapid Finance is confident its new listing on the New York Stock Exchange will lead to growth.

New York 253
article thumbnail

The largest payments company in the world that most people have never heard of

Chris Skinner

Hence, they invested $680 million in India’s Paytm in September 2015, just before demonitisation stimulated Indians to open 200 million wallets on Paytm. Under the agreement, Ant Financial will assist Ascend Money to grow its online and offline payments and financial services ecosystem.

Company 350
article thumbnail

Degrees Of Fraud: Digital Identity At Online Universities

PYMNTS

Online universities have become common as more students seek convenient, flexible ways to earn degrees. Western Governors University (WGU), a nonprofit online university based in Salt Lake City, was founded in 1997 by 19 governors of western U.S. The university began utilizing a webcam-based system in 2015.

Online 145
article thumbnail

India’s Nascent Pet Care Industry Gets Its First Online Retailer

PYMNTS

The current online market has no single leader and is split up between Walmart ’s Flipkart , Amazon.in Petpal was officially launched in 2015 and offers more than 1,000 products to some 50,000 users primarily located in the country’s three most affluent cities. and the 10-year-old PetsWorld platform. Launch Then Grow.

Online 177