Friday, October 8, 2021

Productfy raises $16M to build the ‘Shopify of embedded finance’ – TechCrunch

Productfy Inc. , a banking-as-a-service (BaaS) platform that aims to build "DeFi for traditional finance," has raised $16 million in a Series A round of funding led by CM Ventures.

Existing backers Point72 Ventures, 500 Startups and Envestnet | Yodlee also participated in the financing, which brings its total raised since its 2018 inception to nearly $19 million.

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Publisher: TechCrunch
Date: 2021-10-08 08:24:58
Author: Mary Ann Azevedo
Twitter: @techcrunch
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Factor4 Partners with SavorConnect to Launch OmniChannel Gift Cards on Shopify - Wine Industry

BROOMALL, Pa. and ROCHESTER, N.Y.

Dan Battista, Factor4’s CEO said, “Few firms offer true omnichannel gift cards; even fewer also give merchants a choice of payment processors. We believe this is the first omnichannel gift card on Shopify that allows merchants to choose their payment partner.

Publisher: Wine Industry Advisor
Date: 2021-10-08T14:27:41 00:00
Twitter: @WineIndustry
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Miami Heat Star Jimmy Butler Teams With Shopify To Perk Up His 'Big Face Coffee' Brand

Not impressed with the coffee choices at hand as the National Basketball Association (NBA) headed into the bubble in Orlando, Florida, in 2020, Jimmy Butler devised his own "Big Face Coffee."

After the season, Butler got serious by filing trademarks for Big Face and formally started his coffee company, CNBC reported. He announced on Oct. 1 that he joined the creator program of e-commerce giant Shopify to boost his Big Face coffee brand.

Twitter: @Yahoo
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PideDirecto bags $5.25M; aims to be 'Shopify with 30-minute deliveries' – TechCrunch

PideDirecto , a Mexico-based company, is developing a platform that enables local businesses in Latin America to sell directly to their consumers and deliver orders in less than 30 minutes.

Hussein Fawzi and Ronni Samir launched the company with Anders Steiner and Antonio Nacoud in September 2020. Fawzi, Samir and Nacoud knew each other from Iraq and studied together in college in Sweden, which is where they met Steiner.

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Publisher: TechCrunch
Date: 2021-10-07 06:00:20
Author: Christine Hall
Twitter: @techcrunch
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Is Shopify Inc (SHOP) a Good Choice in Software - Application Friday?
Twitter: @IOInvestors
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Shopify Inc. Cl A stock rises Thursday, outperforms market - MarketWatch

Shares of Shopify Inc. Cl A SHOP, -1.27% rallied 3.43% to C$1,756.81 Thursday, in what proved to be an all-around favorable trading session for the Canadian market, with the S&P/TSX Composite Index GSPTSE, +0.16% rising 1.11% to 20,416.21.

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Publisher: MarketWatch
Date: Canadian Company Close Updates
Author: MarketWatch Automation
Twitter: @marketwatch
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Year-old Mainfactor is eyeing the future of ecommerce after its $69M raise - Technical.ly Philly

The company quietly grew last year, launching a few months after Fiebach left his first company, Fame House , a global ecommerce and digital marketing services center that was bought by SFX Entertainment , then Universal Music Group .

While ecommerce exploded in 2020, the company focuses outside of the traditional realm of platform building or B2C services, instead acquiring these companies.

Publisher: Technical.ly Philly
Date: 2021-10-08T14:55:57 00:00
Twitter: @technicallyPHL
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Robert W. Baird Stick to Their Buy Rating for Shopify By Investing.com
Publisher: Investing.com
Twitter: @investingcom
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Shopify (SHOP) falls 2.66% on Strong Volume October 4 | Equities News

Shopify Inc - Class A (NYSE: SHOP) shares fell 2.66%, or $35.86 per share, to close Monday at $1314.90. After opening the day at $1326.32, shares of Shopify fluctuated between $1339.00 and $1285.90. 1,174,241 shares traded hands an increase from their 30 day average of 803,756.

Publisher: Equities News
Author: Equities News
Twitter: @equitiescom
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