BGF invested $ 11 million in Genflow, a startup whose expertise platform helps influencers develop their very own digital and bodily merchandise, to assist their international enlargement plans.
The coronavirus outbreak has established contactless expertise as the popular option to make funds in UK shops, in accordance with Barclaycard.
Whole spending by digital wallets will exceed $ 10 trillion in 2025, up from $ 5.5 trillion in 2020, in accordance with Juniper Analysis.
This will probably be pushed by the elevated adoption of digital funds in the course of the coronavirus pandemic.
The French firm purchase now, pay later Alma closed a Sequence B financing spherical of 49 million euros through which Idinvest, Cathay Innovation, the French Public Funding Financial institution (Bpifrance), Seaya Ventures and Picus Capital participated.
E-commerce specialist Bloomreach acquired the Exponea buyer information and expertise platform. Phrases of the deal weren’t disclosed.
It additionally introduced a $ 150 million funding from Sixth Road Development.
A brand new examine from BearingPoint ranked retail because the UK’s high industrial sector when it comes to digital maturity.
Retailers ranked 9 of the highest ten, with Ocado in first place, Curry’s PC World (Dixons Carphone) in second, Asos in third, M&S in fourth and Argos in fifth.
Digital signage and expertise platform supplier Raydiant closed $ 13 million in Sequence A financing co-led by 8VC and Atomic.