This makes SumUp more of a one-stop shop, which can help it become a more attractive partner for US merchants—working with various providers can be more costly. Beyond courting new merchants, SumUp can take advantage of retail sales in the US to increase its own revenues.

More on this: Starling’s overseas ambitions—previously reported in September 2021 by AltFi and Les Echos—involve plans to operate in several European countries, including Germany, France, the Netherlands, and Spain. The same month, Boden provided a vision for Starling’s BaaS arm in a LinkedIn post.

This year alone, Square moved into Spain, Ireland, and France and also expanded its product offerings in Canada and the UK. These expansion efforts can help Square compete with PayPal, which has built a substantial global merchant base, and also increase the company’s revenue potential.

Click and collect is taking a bigger and bigger piece of the ecommerce pie. Before the pandemic, in 2019, click and collect made up just 5.8% of overall ecommerce spending. By next year, that figure will have almost doubled, reaching a 10.6% share. A handful of retailers dominate click and collect, and it’s buttressing their ecommerce results.

In September, Starling said it would expand its BaaS business to continental Europe starting with France, Germany, Spain, and the Netherlands. Monese announced earlier this month that it’s jumping into BaaS, with customization choices for clients in various countries. Australian neobank Volt has shifted focus to BaaS amid upheaval in the country’s consumer neobanking market.

Retail media advertising sits at the intersection of two major digital disruptions unfolding in Latin America: the meteoric rise of ecommerce and reallocation of ad dollars toward digital formats. While still nascent, retail media will play a larger part of brands’ marketing strategies in 2022.

Global retail ecommerce sales will decelerate to a 16.5% growth rate in 2020. Even as consumers transitioned en masse to ecommerce during the pandemic, the drag caused by multiple recessions internationally has reduced the overall outlook.

Google most recently landed the final leg of “Grace Hopper”, an internet cable covering 3,900 miles of transatlantic territory connecting the US, UK, and Spain.

Of the nearly $200 billion in new ecommerce spending in the US in 2020, $37.44 billion came from click and collect. Even though click and collect was only 9.1% of total retail ecommerce, it accounted for nearly 20% of ecommerce’s growth. Throughout the pandemic months of 2020, ecommerce buying behavior surged in the direction of various click-and-collect options.

Google most recently landed the final leg of “Grace Hopper,” an internet cable covering 3,900 miles of transatlantic territory connecting the US, the UK, and Spain. In South America, Google’s “Firmina” is a plan to build massive fiber-optic cables between the East Coast of the US and Argentina. Google is innovating beyond fiber as it expands.

B2B Ecommerce Forecast. November. B2B Payments.

For example, Teladoc offers its services to residents in countries like Australia, Canada, and Spain. And Hims & Hers recently announced its European expansion plans through its acquisition of London-based D2C firm Honest Health. But the US isn’t lacking demand for virtual mental health—in fact, US patients will likely opt for it in the long haul:.

France, Spain, and Italy are stuck at the group stage. Contrary to their soccer prowess, these major economies received mediocre OB scores of 6 or lower because they lack centralized bodies to standardize regulations and sufficiently supervise adoption, leading to discrepancies in implementation.