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Investors Say FinTech Valuations Are High, But Not Overheated

PYMNTS

And though valuations may be stretched, fundamentals are indeed sound. And as Hudson Executive Capital’s Bergeron said, valuations are high. Bergeron noted that such investments and markets are “hot until they’re not” and there could be an exogenous event that shocks public and private markets and reset valuations.

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This Week In Payments: Digital Banking, Financial Literacy And Expanded eCommerce Competition

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Ranchere said that’s most observable in the world of challenger banks, as investors reevaluate the core value such firms offer — and their sky-high valuations. For example, Monzo raised funds at a lower valuation level after recently announcing some layoffs. There was no shortage of news in the challenger-banking space this week.

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Flipkart Raises $1.2B On $24.9B Valuation From Walmart-Led Investors

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billion, the eCommerce marketplace announced on Tuesday (July 14). “We’re Arvind first partnered with the eCommerce marketplace six years ago, and this investment gives Flipkart a “significant minority stake” in the denim brand. Flipkart Group raised $1.2 The investment values Flipkart at $24.9 The company recently invested $34.6

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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 Leveraging Payments To Unify The Transit Experience. percent year-over-year growth in digital commerce in the first quarter of 2020.

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Funding Lands T&E Firm TripActions $4B Valuation

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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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Klarna Gets $20M From H&M To Integrate With Retailer

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The companies aren’t saying what Klarna’s valuation is after the investment, but sources said $20 million is “much less than one percent of the company.”. “We It is expected to be live in 2019 across all of H&M’s 14 markets, with the U.K. and Sweden in the first phase of deployment.

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Amazon Ad Revenue To Surpass Cloud Sales By 2021

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Amazon Web Services (AWS) may be the driver of growth for the eCommerce giant now, but Piper Jaffray predicts that in three years’ time, advertising will bring in more revenue for Amazon. “Being the world’s largest product search engine has its advantages, and Amazon is starting to leverage them,” wrote Olson.

Sales 40