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Investors Cap Off 2020 With An Eye On B2B eCommerce, SMB Banking

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There were several notable rounds, including high-value deals for supply chain management, B2B eCommerce and small business banking. With a focus on enabling corporations to manage payroll in a remote work environment, India-based Skuad has reportedly secured a $4 million seed investment round , according to the Economic Times of India.

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How Thrasio Turned Buying Amazon Third-Party Sellers Into A $1B Business

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Thrasio has taken its Amazon-centric business model to a high level at high-speed, snapping up some of the marketplace’s hottest sellers and creating a company that one of its investors says is “revolutionizing eCommerce.”. That round was raised against a $1 billion valuation, leading Thrasio to claim that it is the fastest-ever U.S.

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Affirm Submits Draft To SEC For IPO

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The company announced in July that it was considering an IPO , with a potential valuation of $10 billion through a deal with Goldman Sachs. The BNPL trend has become useful, especially due to the economic effects of the pandemic, which have left millions of consumers tightening their belts and searching for more savvy ways to pay.

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Why The Pandemic Is A ‘Black Swan’ That Will Spur Payments M&A

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For example, over the summer, integrated payments and eCommerce technology provider Paya merged with FinTech Acquisition Corp. There are a lot of companies coming into this space that are very well-capitalized” and willing to make deals where, for example, venture capital firms may be pulling back a bit amid so much economic uncertainty.

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Today In Payments: Amazon Sellers Ring In $4.8 Billion In Holiday Sales; DoorDash Valuation Could Hit $28 Billion

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billion from Black Friday through Cyber Monday, and DoorDash could see a valuation of $28 billion from its IPO. Record demand for goods has helped merchants’ bottom line during a challenging economic time due to the worldwide pandemic. DoorDash Valuation Could Hit $28 Billion, Says It Has Only 3 Pct of US Market.

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Udaan Raises $225M For B2B eCommerce

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B2B eCommerce platform Udaan has caught the attention of investors to the tune of $225 million , marking what reports on Tuesday (Sept. According to The Economic Times , Udaan hit the $1 billion valuation mark after 26 months. Reports said a $225 million fund raise would increase its valuation fivefold.

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Klarna Valued At $10.65B After $650M Funding Round

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billion, a sizable increase from the company's last valuation of $5.5 The form has become popular during the pandemic because of the economic downturn around the world, leaving many people to tighten their belts amid global uncertainty. The investment will value the company at $10.65 billion in 2019.