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Struggling US card issuing and payments processing platform provider Marqeta Inc has abruptly pulled the plug on its Australian business as it scrambles to tame operating losses across its global business. ....
ShopBack's new BNPL feature in Malaysia and Singapore is the latest to join Optty's growing BNPL ecosystem that reaches hundreds of millions of potential customers SINGAPORE, Aug. 17, 2022 /PRNewswire/ Optty, the world's first independent Buy Now, Pay Later integration platform, today announced that it has added ShopBack PayLater to its BNPL integration platform for retailers. As recently announced, ShopBack, Asia-Pacific's leading shopping, and rewards platform, which acquired BNPL hoolah in late 2021, has launched ShopBack PayLater in Malaysia, Singapore, and most recently Thailand. This integration marks the 50th provider to join Optty's growing ecosystem of BNPL and digital payments services. ShopBack serves more than 35 million shoppers across the Asia-Pacific and, in 2021, drove more than 450 million shopping trips to merchant partners. Integrated with Optty, ShopBack's recently launched BNPL offering powered by hoolah, called ShopBack PayLater, will be o ....
(Bloomberg) ShopBack, an online shopping rewards app backed by Temasek Holdings Pte, is in talks with potential investors to raise $150 million to help finance its expansion, according to people with knowledge of the matter. ....