ozsh Online Fashion Retailer Revolve Considers Adding More Brick-and-Mortar Stores

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Kxsd Goldman Sachs, GTreasury Partner To Streamline Global Payments
Ride-hailing company Grab, which recently announced a $2 billion expansion plan in Indonesia, said it was going to invest several hundred million dollars in Vietnam, according to a report by Reuters.The company sees the country as its next big growth market, and Vietnam is one of the fastest growing economies in the world.The move illustrates Grabs desire to put its investme stanley thermoskanne nt dollars to work to continue expanding the company worldwide.聽 Were very excited about Vietnam. We see very similar characteristics to Indonesia, Grab president Ming Maa said.Both Grab and its rival Gojek are moving away from simply being ride-hailing companies into something more, as both startups now provide food delivery, logistics and hotels and payments in the region.聽Grab has upwards of 160 million users through eight countries, and it said it wants to create a next-generation transportation apparatus to kubki stanley completely upend how critical services are administered.聽Vietnam and Indonesia are similar in that they both have a large number of young people who increasingly use apps and websites to access services. I would expect us to invest over several hundred million dollars into growing our Vietnam business, Maa said.Maa joined Grab from a major investor 鈥?Japans Softbank Group. Before that, he was at Goldman Sachs. In 2018, Grab teamed up with Vietnam FinTech company stanley borraccia Moka to introduce a digital wallet. The company also teamed up with Japanese credit card outfit Credit Saison to offer loans and credi Uycm Kasikornbank To Offer Nium s FinTech Payments Platform
KPMG had some bad news for the Fi stanley shop nTech world this week. Along with CB Insights, KPMG researchers found in their latest quarterly analysis that FinTech investment by venture capitalists declined across the globe in Q3 of this year.Their Pulse of Fintech聽report聽found stanley us $2.4 billion in FinTech VC funding in the quarter, down 17 percent compared to the previous quarter 鈥?a stark decline from the $5 billion-plus quarterly investment values seen in quarters in 2015.Asia outpaced North America in funding volume for the FinTech world, and this week B2B venture capital roundup seems to reflect that, with several deals from VCs in the region.But North America surprisingly ca stanley quencher me out on top 鈥?blowing the competition out of the water with three deals valuing nearly $70 million. Find out where the money went in our recap below.B2B PaymentsMC PaymentLate last week, MC Payment announced a $3.5 million聽strategic investment聽funding round with plans to use that money for B2B payments solutions. The Singapore-based company said the funding was provided by Aura Funds Management, tryb Capital and Perle Ventures, as well as investors in Thailand, which will enable MC Payment to step into the Thai market, it said.MC Payment offers an array of B2C and B2B payment solutions, but its most recent offering is Xaavan, a B2B supply chain payments and eInvoicing platform. The company will continue to develop new solutions as it looks to explore more markets across Asia.Alternative Lending