Zmags accelerates mobile growth with $7 million in financing

Mobile-Commerce

Top rich media mobile and social merchandising provider, Zmags, has announced that it has achieved financing worth $7 million from Square 1Bank as well as its current investors, Northcap Partners and OpenView Venture Partners. This additional funding has come at a time when Zmags has every intention to build on its customer portfolio by adding world-class, innovative consumer brands and retailers such as Express, Kenneth Cole, and Tesco. Those organizations are already using CommercePro, from Zmags, to form consistent and intelligent marketing and merchandising campaigns using the power of platforms…

Read More

American Express makes moves toward greater mobile expansion by way of acquisitions

retail Mobile payments American Express

According to its executive vice president, David Messenger, American Express Co. has been seeking certain sizeable international acquisitions in order to assist in its efforts to take advantage of a spike in demand for online commerce and mobile payments in emerging markets. Based on purchases, Amex is the largest issuer of credit cards in the world. Based in New York, it is now looking into deals in China and other developing regions, and, according to Messenger, it wants to make purchases of and investments into startups in Silicon Valley that…

Read More