Capital Float will partner with Amazon India to provide loans for e-sellers; Capital Float will provide the loans through a credit facility called Pay Later which it is already using with e-commerce clients PayTM, Snapdeal and Shopclues; with the Pay Later solution, Capital Float is well positioned to service a fast growing e-commerce market which is expected to grow revenues from $30 billion in 2016 to $120 billion in 2020. Source
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Kabbage will now power Alibaba’s Pay Later program which is offered to US buyers; Pay Later allows small businesses to...