EBANX Secures $ 430 Million Investment

In leading global payments news, EBANX has garnered a $ 430 million investment from Advent International, while Klarna is rolling out a new price comparison service (CSS). Additionally, Hims & Hers will purchase UK-based Honest Health.

Advent Supports Brazilian FinTech EBANX in $ 430 Million Agreement

EBANX, the Brazilian FinTech, has won a $ 430 million investment from Advent International. EBANX said it has helped companies like Uber, Spotify, Shopee, Alibaba and Amazon do business with more than 70 million Latin American people in 15 countries through its platform.

Klarna deploys Google CSS tool for European retailers

Klarna launches a new Comparison Shopping Service (CSS) offering to help its European partner merchants to strengthen their return on Google ads. To this end, Klarna CSS is rolling out in 21 markets across Europe and aims to help merchants build customer base and fuel high-intention customer traffic.

Hims & Hers acquires Honest Health and expands UK presence

Hims & Hers, a multi-specialty telehealth company, will acquire UK-based Honest Health, which works in hair loss related products. “Adding Honest Health to our family not only aligns perfectly with our mission, but also opens up new category and geographic opportunities to further accelerate growth,” said Hims & Hers CEO and Co-Founder Andrew Dudum in A press release. “We are delighted that the Honest Health team is joining the Hims & Hers family. “

InMobi’s Glance Acquires Shop101 For Live Social Ecommerce In India

India-based Glance, which is owned by InMobi, bought e-commerce reseller Shop101 to further bring social selling to the country. Terms of the deal were not known. Glance achieved unicorn status late last year. The firm provides content and videos for smartphones through its Roposo platform. Shop101 was created by Kalpak Chhajed, Aditya Gupta and Abhinav Jain.

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About the study: The AI ​​In Focus: The Bank Technology Roadmap is a research and interview report examining how banks are using artificial intelligence and other advanced IT systems to improve credit risk management and other aspects of their operations. The Playbook is based on a survey of 100 banking executives and is part of a larger series assessing the potential of AI in finance, healthcare and others.

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