Cross-border Payments

Cross-border Payments
MENA cCommerce Platform Zbooni Expands to Egypt
February 16, 2022

Connected commerce platform Zbooni has brought its services to Egypt, where the company said it will provide digital commerce tools to the 33.5 million small- to medium-sized businesses (SMBs) in the North African nation, according to a Wednesday (Feb. 16) press release. Get the Full...

Cross-border Payments
World Bank Uses Data, Digital Tools to Support Female Entrepreneurs in Emerging Markets
February 16, 2022

“Societies aren’t fully tapping their potential if they’ve got half of the population on the sidelines.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...

Cross-border Payments
EMEA Daily: PayU Goes to Romania; Phone Reseller Swappie Raises $124M
February 15, 2022

In today’s top Europe, Middle East, and Africa news, the FinTech firm PayU has introduced credit payments in Romania; Voilà, a Berlin-based app that connects consumers with fine dining at home, closed on a $10 million funding round. Get the Full Story Complete the form...

Cross-border Payments
Coinbase Offers Crypto Remittances to Mexico, Challenges Western Union
February 15, 2022

Cryptocurrency exchange platform Coinbase is getting into international money transfers, joining a mammoth market dominated by big companies like Western Union, Bloomberg reported Tuesday (Feb. 15). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Cross-border Payments
Logistics Platform Shiprocket Snaps up Supply Chain Startup Glaucus
February 15, 2022

Logistics and fulfillment platform Shiprocket is acquiring a majority stake in supply chain solutions startup Glaucus with a merger agreement on the table for undisclosed terms, according to a Monday (Feb. 14) report from The Economic Times. Get the Full Story Complete the form to...

Cross-border Payments
Sberbank Launching eCommerce Platform Amidst Management Shakeup
February 15, 2022

Russian lender Sberbank on Tuesday (Feb. 15) announced plans to shake up its management team, as well as its intention to launch an eCommerce holding company as part of its plan to diversify its offerings beyond financial services. Get the Full Story Complete the form...

Cross-border Payments
Korean FinTech WireBarley Collaborates With TenCent on Payments to China
February 15, 2022

Korean money transfer service WireBarley formed a partnership with Tencent Financial Technology for overseas remittances, the company said in a news release Tuesday (Feb. 15). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Cross-border Payments
Canada’s Trudeau Gets Banks’ Help in Protests
February 15, 2022

Justin Trudeau, Canada’s prime minister, is using his emergency powers to cut the flow of money to the trucker protests opposed to his vaccine mandate, Bloomberg reported Monday (Feb. 14). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Cross-border Payments
EMEA Daily: CMA: JD Sports, Footasylum Held Improper Meetings; Spain’s BBVA Backs Brazil’s Digital Bank...
February 14, 2022

In today’s top Europe, Middle East and Africa news, the U.K.’s Competition and Markets Authority (CMA) fined retailers JD Sports and Footasylum $6 million for sharing commercially sensitive information, and Spain’s BBVA bank upped its stake in digital bank Neon with a $300 million investment. Get the...