Sendcloud, the leading e-commerce shipping platform in Europe, has raised 150 million euros in a Series C funding round. The investment was led by Softbank, along with L Catterton and HPE Growth. The Dutch-based company will use the money to accelerate growth and continue its ongoing mission for international expansion.
Proforto has raised millions worth of investment. The Dutch workwear e-retailer will use the funds to accelerate their growth and expand their profitability. CEO Rik Burgersdijk: "We want to become the largest online workwear retailer in Europe."
Amazon Pay, which lets customers use their Amazon information to shop on third-party sites, has introduced version 2 of its checkout technology. The upgrade enables a faster and more secure checkout. The modernized web checkout technology can replace existing Amazon payment and address widgets.
PayPal will raise the fees for payments between businesses in the United Kingdom and those in Europe. The reason for this price increase is Brexit. With the UK no longer being part of the European Economic Area, PayPal's costs are higher than usual.