NEWS
DEUNA and Hands In partner to revolutionize the online checkout experience
Payment orchestration platform DEUNA is teaming up with Hands In to offer split payment solutions to their merchants .
The partnership will enable DEUNA to integrate Hands In ’ s Multi Card Payments and Group Payments into their checkout services .
By incorporating Hands In ’ s technology , DEUNA merchants can now offer customers the ability to split payments across multiple cards , overcoming barriers such as credit limits and insufficient funds .
The Group Payments feature further enhances transaction capabilities by allowing higher transaction values and reducing failed transactions due to insufficient funds . It also offers a unique selling proposition ( USP ) for DEUNA merchants , enabling them to split payments at checkout in customizable amounts . collaboration marks a significant leap forward in supporting and elevating our merchant operations .”
This feature eliminates the need for customers to chase others for money owed – thereby improving the overall user experience .
Jose Torres , DEUNA , said : “ The partnership with Hands In not only enhances our services by optimizing the checkout experience but also introduces a groundbreaking capability that addresses barriers faced by high-ticket industries like airlines . This
Samuel Flynn , Founder and CEO , Hands In , said :
“ We ’ re thrilled to partner with DEUNA as we expand our presence in the LATAM market , one of our largest regions for Multi Card processing . Given the prevalent low credit limits in this region , our split payment solutions will provide significant benefits to DEUNA merchants and their customers .”
Barte secures $ 8m Series A led by AlleyCorp
The company offers a multichannel payments platform and whitelabel infrastructure for ecosystems looking to plug payments capabilities without the complexity of operating them .
Barte is now well into the tens of millions of annualized revenue and raised an $ 8m Series A led by AlleyCorp , a New York-based venture capital firm founded by serial entrepreneur Kevin Ryan . The investment was followed by current investors that included : NXTP , VentureFriends , and Force Over Mass Capital .
“ We were already operationally profitable and saw this as an excellent opportunity to accelerate our investments in product and expand goto-market ,” said Barte Co-Founder Caetano Lacerda .
“ Barte ’ s wide range of fintech capabilities are already making a huge difference for companies of every size in Brazil ,” said Marshall Porter , General Partner at AlleyCorp and member of Barte ’ s Board of Directors . “ We ’ re excited at the potential to scale those solutions even more by making payments much more efficient from business to business .”
Sao Paulo based fintech Barte has raised an $ 8m Series A to continue scaling its modular payments solutions – after growing more than 70x since their seed round 1.5 years ago .
Merchant acquiring alone moves $ 1 trillion annually in Brazil , while still growing 10 % every year . Mercado Pago , Mercado Livre ’ s financial arm , has been a key player in this market and a large driver of the $ 100 billion company ’ s growth in the past three years , for example . p
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