Commerce Technology Provider Spryker Announces $130 Million Financing Round Led by TCV to Accelerate U.S. Centric Global Expansion to Enable Transactional Business Models
Share Article
Spryker accelerates the deployment, time-to-value, and transformation towards transactional business models. NEW YORK and BERLIN (PRWEB) December 17, 2020 Spryker, a fast-growing commerce technology for global enterprises, today announced that it has raised over $130 million in a Series C financing round, led by Silicon Valley-based TCV. Existing investors One Peak from London and Project A Ventures from Berlin also participated in the round.
The funding will be used to expand Spryker’s proven B2B and Enterprise Marketplace products and create a compelling 3rd party technology AppStore. Spryker also intends to grow its international footprint with a focus on the U.S., which already accounts for 10% of its annual software revenue
We ll soon meet in your inbox.
Please wait.
LeadSquared is one of the few Indian SaaS firms focusing on the local market to have been able to scale its top line and claims it is currently managing to double its revenues year-on-year. Overseas markets such as the US, Southeast Asia, Africa and Latin America are expected to sustain similar revenue growth in the coming years, it said.
“We’re definitely getting into new markets. We already have a presence in the US, but we also want to strengthen our position in India, to be a significant player with a double-digit market share,” said Nilesh Patel, CEO, LeadSquared. “We’re also building a channel business, and will also selectively look at acquiring companies.”
Fiserv acquires Silicon Valley-based digital card services platform
Share
Fiserv’s Brookfield headquarters
Brookfield-based financial technology services company Fiserv Inc. acquired a Silicon Valley-based digital card services platform, the company announced today. Financial terms of the deal to acquire California-based Ondot Systems were not disclosed. The transaction is…
Want to Read More?
Brookfield-based financial technology services company
Fiserv Inc. acquired a Silicon Valley-based digital card services platform, the company announced today.Financial terms of the deal to acquire California-based
Ondot Systems were not disclosed. The transaction is expected to close in the first quarter of 2021.Founded in 2011, Ondot provides more than 4,500 banks and credit unions with Card App, a digital card management platform that drives cardholder engagement. Ondot says it processes more than 1 billion transactions per month and provides digital capabilities for over 30 mill
Apple adding privacy fact labels to App Store items inquirer.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from inquirer.net Daily Mail and Mail on Sunday newspapers.
MONEYWEB
app instead?
Jean de Villiers: Athlete to entrepreneur
Tech startup myFanPark brings fans and celebrities closer together through digital interaction, and it currently has a presence in 11 countries. 21:08
NOMPU SIZIBA: South African tech startup company myFanPark has recently merged forces with a Silicon Valley-based celebrity engagement platform called Starsona. myFanPark was set up to help connect celebrities with their fans, and the concept has been growing with it already having expanded its presence in other countries like Nigeria, India, Germany and now the United States.
So what’s it all really about, and how impactful has it been? I’m joined on the line by Jean de Villiers, one of the founders of myFanPark. Thanks very much, Jean, for joining us. Now, what’s myFanParkâs value proposition and purpose?