SumUp

Jabil Teams with Fintech Leader Revolut to Scale Development and Production of Innovative Mobile Payment mPOS Solution

Retrieved on: 
Monday, January 15, 2024

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20240115942077/en/
    Jabil and Revolut are scaling production of Revolut Reader, a custom, pre-certified, mobile point-of-sale solution that makes it easy for merchants to accept in-store or on-the-go payments.
  • “Our strengths in product design, engineering, development, supply chain, and manufacturing offered Revolut a ‘one-stop shop’ solution to meet current and evolving requirements.
  • We look forward to growing our valued relationship with Revolut.”
    Jabil and Revolut are scaling manufacturing as demand for Revolut Reader intensifies.
  • “Jabil is a valued member of the Revolut Reader team,” said Jesús Romo-Morales, head of In-Person Payments at Revolut.

Jabil Expands Digital Commerce Capabilities at Center of Manufacturing Excellence in Chihuahua, Mexico

Retrieved on: 
Monday, January 15, 2024

Jabil Inc. (NYSE: JBL) today announced enhanced digital commerce capabilities, encompassing the design, development, and manufacturing of retail and warehouse automation solutions, at a newly expanded center of excellence in Chihuahua, Mexico.

Key Points: 
  • Jabil Inc. (NYSE: JBL) today announced enhanced digital commerce capabilities, encompassing the design, development, and manufacturing of retail and warehouse automation solutions, at a newly expanded center of excellence in Chihuahua, Mexico.
  • In addition to elevating Jabil’s operational efficiency and flexibility, customers can benefit from increased nearshoring opportunities and greater access to robotics and process automation, Artificial Intelligence (AI), and additive manufacturing.
  • For Ocado Group , a technology-led, global software and robotics platform company, Jabil is expanding its additive manufacturing and scaling the manufacturing of Ocado’s Series 600 robot.
  • Over the past two years, Jabil has supported Ocado's rapid design iterations by leveraging its complete range of additive manufacturing capabilities.

Germany Buy Now Pay Later Business Report 2023: BNPL Lenders have Spotted a New Growth Market in SME Businesses - ResearchAndMarkets.com

Retrieved on: 
Monday, November 20, 2023

The BNPL payment industry in Germany has recorded strong growth over the last four quarters, supported by increased ecommerce penetration.

Key Points: 
  • The BNPL payment industry in Germany has recorded strong growth over the last four quarters, supported by increased ecommerce penetration.
  • In Germany, buy now pay later has gained increasing prominence among millennials and Gen Z consumers as a budgeting tool.
  • The percentage of young generation consumers in the region is further expected to create growth opportunities for the market in Germany.
  • Amid the economic uncertainty, BNPL lenders have spotted a new growth market in the B2B payments space.

Germany Buy Now Pay Later Business Report 2023: A $100+ Billion Market by 2028 Featuring Major Players - RatePay, Klarna, Paypal, Afterpay, Divido, & Cashper

Retrieved on: 
Thursday, November 16, 2023

The BNPL Gross Merchandise Value in the Germany will increase from US$52.3 billion in 2022 to reach US$101.3 billion by 2028.

Key Points: 
  • The BNPL Gross Merchandise Value in the Germany will increase from US$52.3 billion in 2022 to reach US$101.3 billion by 2028.
  • The BNPL payment industry in Germany has recorded strong growth over the last four quarters, supported by increased ecommerce penetration.
  • In Germany, buy now pay later has gained increasing prominence among millennials and Gen Z consumers as a budgeting tool.
  • Its unbiased analysis leverages a proprietary analytics platform to offer a detailed view on emerging business and investment market opportunities.

GITEX catalyses global tech ecosystem expansion with momentous European launch in world's most dominant tech economy

Retrieved on: 
Wednesday, October 18, 2023

DUBAI, UAE, Oct. 18, 2023 /PRNewswire/ -- GITEX GLOBAL, the world's largest tech show, kicked off its record edition this week in Dubai to a phenomenal international response over its first three days. Its huge scale in 2023 was amplified by the announcement that the mega tech and start-up event will launch in Europe, spearheading the international market expansion impetus of the global tech community.

Key Points: 
  • Its huge scale in 2023 was amplified by the announcement that the mega tech and start-up event will launch in Europe, spearheading the international market expansion impetus of the global tech community.
  • GITEX EUROPE is the second overseas venture for the powerhouse GITEX brand, following the historic debut of GITEX AFRICA Morocco in May 2023, independently rated as the world's best tech event launch.
  • This is a continuous momentum that started with GITEX AFRICA and we're hoping to make GITEX Europe the most successful tech event in the continent."
  • "GITEX EUROPE is an important expansion of our portfolio and addition to our other tech trade fairs," added Tobias.

GITEX catalyses global tech ecosystem expansion with momentous European launch in world's most dominant tech economy

Retrieved on: 
Wednesday, October 18, 2023

DUBAI, UAE, Oct. 18, 2023 /PRNewswire/ -- GITEX GLOBAL, the world's largest tech show, kicked off its record edition this week in Dubai to a phenomenal international response over its first three days. Its huge scale in 2023 was amplified by the announcement that the mega tech and start-up event will launch in Europe, spearheading the international market expansion impetus of the global tech community.

Key Points: 
  • Its huge scale in 2023 was amplified by the announcement that the mega tech and start-up event will launch in Europe, spearheading the international market expansion impetus of the global tech community.
  • GITEX EUROPE is the second overseas venture for the powerhouse GITEX brand, following the historic debut of GITEX AFRICA Morocco in May 2023, independently rated as the world's best tech event launch.
  • This is a continuous momentum that started with GITEX AFRICA and we're hoping to make GITEX Europe the most successful tech event in the continent."
  • "GITEX EUROPE is an important expansion of our portfolio and addition to our other tech trade fairs," added Tobias.

Honeycomb Closes Best Quarter in Company History Fueled by Rapid Adoption Among Engineering Teams

Retrieved on: 
Monday, October 16, 2023

SAN FRANCISCO, Oct. 16, 2023 /PRNewswire/ -- Honeycomb, the observability platform that enables engineering teams to solve problems they couldn't before, today announced several growth milestones, signaling strong product fit and market demand despite shrinking IT budgets amid a down economy. Adding to record momentum in 2022 where it achieved 2X YoY revenue growth, Honeycomb closed a record number of bookings in Q3 2023 while making four key executive hires across revenue, marketing, and developer community.

Key Points: 
  • Observability has never been more critical to engineering teams that are under intense pressure to effectively deliver and maintain software while navigating an increasingly complex tech landscape on tightening budgets.
  • With the right observability solutions and framework, engineering teams maximize their tech investments, resolve incidents faster, and retain top talent, ultimately leading to end-user satisfaction.
  • Through our partnership, Honeycomb has not only bolstered the reliability of our systems but also enhanced the confidence of our customer base."
  • Honeycomb continues to build strong momentum by adding several strategic hires focused on scaling the organization and growing revenue.

SumUp partners with JCB to boost card acceptance for European merchants within its 4-million-strong global network

Retrieved on: 
Thursday, May 25, 2023

With the return of international travel, the collaboration will provide new opportunities of growth for merchants by welcoming JCB's valuable cardmembers.

Key Points: 
  • With the return of international travel, the collaboration will provide new opportunities of growth for merchants by welcoming JCB's valuable cardmembers.
  • Together with SumUp's extensive product suite of business tools and rapid growth rates, JCB will ensure that merchants are well-supported to welcome returning travellers.
  • With the availability of JCB Contactless, JCB Cardmembers may simply tap their card on SumUp's readers to enjoy payment convenience.
  • Ray Shinzawa, Managing Director, JCB International (Europe) Ltd., said: "We're excited to introduce SumUp as our new partner and work closely with its merchant network starting with European countries and regions to further increase JCB Contactless acceptance.

Roadie Announces General Availability of 'Tech Insights,' an Enhancement to Its Spotify Backstage SaaS Offering

Retrieved on: 
Tuesday, July 11, 2023

DUBLIN, July 11, 2023 /PRNewswire-PRWeb/ -- Roadie, provider of Backstage as a service, today announced the general availability of its Tech Insights feature, a software-quality tool added to its core offering of managed Spotify Backstage. Tech Insights enables software engineering teams to establish engineering standards and automatically track and report software performance against those standards.

Key Points: 
  • DUBLIN, July 11, 2023 /PRNewswire-PRWeb/ -- Roadie , provider of Backstage as a service, today announced the general availability of its Tech Insights feature, a software-quality tool added to its core offering of managed Spotify Backstage.
  • Roadie was founded in 2020 to help organizations adopt and operate Backstage to make developers more effective.
  • Backstage —created by Spotify and now an open source incubating project of the Cloud Native Computing Foundation—is used to build internal developer portals.
  • Roadie is among the Top 2 contributors to open source Backstage, second only to Spotify, its creator.

Mastercard New Digital Doors® Marketing Hub Helps Small Businesses Accelerate Digitally; New Partners Bring Added Benefits to Daily Operations

Retrieved on: 
Tuesday, May 2, 2023

Through added partnerships and a new Marketing Hub platform, the company is providing an expanded suite of innovative tools, resources and benefits to help small businesses digitally enhance their operations and growth.

Key Points: 
  • Through added partnerships and a new Marketing Hub platform, the company is providing an expanded suite of innovative tools, resources and benefits to help small businesses digitally enhance their operations and growth.
  • According to Mastercard research, nearly half (47%) of small and medium businesses in the U.S. have a growth mindset [1].
  • While small businesses are in growth mode, 40% find they are still in the early days of learning as it relates to digital marketing capabilities [2] .
  • “As small businesses continue to evolve in today’s digital age, Mastercard Digital Doors remains an innovative resource to help entrepreneurs enhance their digital marketing capabilities and grow their online presence,” said Rustom Dastoor, EVP of Marketing and Communications, Mastercard North America.