The payments space — amazingly — remains up for grabs for startups. Yes, dear reader, despite the success of Stripe, there seems to be a new payments startup virtually every other day. It’s a mess out there! The accelerated growth of e-commerce due to the pandemic means payments are now a booming space. And here […] …
Huboo, the U.K.-headquartered startup that uses an end-to-end fulfilment service for online sellers of all sizes, has actually raised ₤ 14 million in Series A financing. The round is led by Stride.VC, with involvement from Hearst Ventures. Existing financiers, consisting of Episode 1, Maersk Growth, Ada Ventures and True Capital all followed on, bringing Huboo’s financing to ₤ 18 […] “The huge majority of independent retailers are currently moving online,” says Huboo CEO Martin Bysh. In addition, he says the direct-to-consumer (D2C) “revolution” is quickly gaining speed, “with a brand-new type of agile young D2C services bypassing traditional retail channels to engage directly with consumers”. This will see Huboo increase its software application development group ten-fold in the next year to further expand the abilities of its fulfilment software platform. …
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