Blockchain
8fig Launches “Freight with 8fig” to Bring Competitive Freight Rates to Ecommerce Sellers
The new offering from 8fig provides ecommerce businesses with a complete freight solution at favorable rates and repayment terms
Austin, Texas–(Newsfile Corp. – February 7, 2023) – 8fig, the funding and supply chain management platform for ecommerce businesses, has announced the launch of Freight with 8fig. The latest addition enables online sellers to manage their entire freight cycle from within the platform and benefit from competitive freight rates and repayment terms.
8fig provides optimized funding for ecommerce businesses based on a comprehensive planning platform for supply chains, marketing, and sales. The funds are disbursed incrementally according to each business’s needs to maintain the necessary cash flow for scaling.
Now, with Freight with 8fig, ecommerce sellers can benefit from a streamlined process of requesting and receiving quotes.
The launch of Freight with 8fig concludes a year of stellar growth for the company, which saw its user count soar by 440% and its number of applications grow by 2515% over the course of 2022.
“Freight with 8fig finds the best freight costs and terms for sellers so they can get premium quotes with a click of a button – all from within the 8fig dashboard,” says Roei Yellin, co-founder and CRO at 8fig. “This opens up better terms and rates for all sellers, whether they’re a seasoned ecommerce veteran or just getting started.”
For small-to-medium online retailers, it can take months or even years to build the payment history and trusted relationships needed for freight providers to agree to 60 and 90 day repayment terms and competitive freight rates. Freight with 8fig opens the door for independent sellers to benefit from such rates and terms from day one, and to pay directly using 8fig funds.
Like 8fig’s mobile app and Sales Dashboard, a free management tool that analyzes sales metrics to identify sales trends, track revenue figures, and benchmark against similar sellers – all in a single location – Freight with 8fig is now widely accessible to the ecommerce community selling in the US.
“We see Freight with 8fig as one more step towards an entirely smooth and streamlined ecommerce management platform that gives all ecommerce sellers the opportunity to run their businesses as efficiently as possible,” says Yellin.
8fig continues to work on expanding its offering, with more features on the horizon that aim to help sellers manage their back office logistics and operations, including white-glove freight services and additional store analytics tools. Its goal, aside from bringing ecommerce sellers to 8-figure revenues, is to become a one-stop shop for ecommerce business management.
About 8fig
8fig is an ecommerce funding and planning platform that aligns continuous, adaptable capital to supply chain demands. Their innovative planning and funding technology was built by payment processing and supply chain risk management experts Yaron Shapira, Assaf Dagan, and Roei Yellin. 8fig offers growth plans combined with low-cost capital, sales forecasts, unit economics, and profit breakdowns for ecommerce brands to uncap growth and eliminate the cash flow crunch. The company has offices in Tel Aviv and Austin, Texas. For more information, visit 8fig.co.
Contact:
MarketAcross
Dan Edelstein
[email protected]
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/153778
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Blockchain
Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin)
Blockchain technology continues to drive innovation across industries, reshaping finance, infrastructure, and philanthropy. Today’s news roundup explores exciting developments in blockchain ETFs, tokenization funding, quantum-resistant chips, public blockchain initiatives, and impactful social projects. Here’s a deep dive into the latest blockchain headlines:
BlackRock ETF Embraces Blockchain with First Muni Bond Purchase
BlackRock’s blockchain-focused ETF has made its first foray into municipal bonds, signaling increased confidence in integrating blockchain technology with traditional finance. The ETF’s strategic investment demonstrates how blockchain can enhance transparency and efficiency in bond markets.
By tokenizing municipal bonds, BlackRock aims to simplify trading and settlement processes while reducing associated costs. This development underscores the growing role of blockchain in transforming financial instruments and fostering greater market accessibility.
Source: Yahoo Finance
Plume Secures Funding for Tokenization Platform
Blockchain fintech company Plume has raised significant funding to advance its tokenization platform. The company’s innovative approach enables businesses to convert real-world assets into digital tokens, streamlining asset management and unlocking liquidity.
Tokenization is rapidly gaining traction as a game-changer in sectors such as real estate, art, and commodities. Plume’s success reflects a broader trend of investment in blockchain solutions that bridge the gap between traditional assets and decentralized technologies.
Source: Fortune
SEALSQ and Hedera Partner for Quantum-Resistant Blockchain Chips
SEALSQ and Hedera have announced a groundbreaking collaboration to develop quantum-resistant chips designed to secure blockchain infrastructure. These advanced chips will provide robust protection against future quantum computing threats, ensuring the integrity of blockchain networks.
As quantum computing capabilities evolve, safeguarding blockchain ecosystems becomes increasingly critical. This partnership highlights the importance of proactive measures in maintaining the resilience and trustworthiness of decentralized systems.
Source: The Quantum Insider
Deutsche Bank’s Public, Permissioned Blockchain Initiative
Deutsche Bank’s Layer 2 blockchain solution is set to go public and operate as a permissioned network, according to its tech partner. This initiative aims to strike a balance between accessibility and security, leveraging blockchain to streamline financial services and enhance operational efficiency.
The decision to adopt a public, permissioned model reflects a growing trend among enterprises seeking to harness the benefits of decentralization while maintaining control over sensitive data. Deutsche Bank’s approach could serve as a blueprint for other financial institutions exploring blockchain adoption.
Source: CoinDesk
KuCoin’s “Light Up Africa” Initiative Brings Hope to Thousands
Cryptocurrency exchange KuCoin has made a significant impact through its “Light Up Africa” donation ceremony in Ghana, benefiting 36,000 children across the continent. The initiative combines blockchain technology with philanthropy to address energy poverty and support education.
By leveraging blockchain for transparency in charitable contributions, KuCoin sets an example of how the crypto industry can drive meaningful social change. The project demonstrates the potential of blockchain to empower communities and foster sustainable development.
Source: PR Newswire
Industry Implications and Key Takeaways
Today’s developments highlight the transformative potential of blockchain across multiple domains:
- Integration with Traditional Finance: BlackRock’s ETF underscores the synergy between blockchain and established financial systems.
- Tokenization Trends: Plume’s funding success reflects the growing demand for digital asset solutions.
- Quantum-Resistant Technologies: SEALSQ and Hedera’s partnership addresses emerging cybersecurity challenges.
- Enterprise Blockchain Adoption: Deutsche Bank’s public, permissioned network showcases the adaptability of blockchain in financial services.
- Social Impact: KuCoin’s philanthropic efforts illustrate blockchain’s capacity to drive positive societal outcomes.
The post Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin) appeared first on News, Events, Advertising Options.
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