Cross-border Payments

Cross-border Payments
Jumia Counting On Services To Rebound From 70 Pct. Shares Drop
January 22, 2020

African unicorn Jumia, the first technology startup in Africa to list on the New York Stock Exchange (NYSE), is focused on becoming profitable after a troubling 2019, according to a Reuters report on Wednesday (Jan. 22). Get the Full Story Complete the form to unlock this article...

Cross-border Payments
Eurazeo Taps Citi, Evercore To Unload Planet Payments Unit
January 22, 2020

French buyout fund Eurazeo has enlisted the help of Citigroup and Evercore to sell its payments enterprise Planet, Reuters reported on Wednesday (Jan. 22), citing three sources. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Cross-border Payments
Spanish Food Delivery Startup Glovo Shutters In Four Markets
January 22, 2020

Glovo, a Spanish food delivery startup, has exited several Middle Eastern countries in what it has said is a strategic move to help the company grow in a smarter way, according to reports on Tuesday (Jan. 21). The countries exited include Turkey, Egypt, Uruguay and...

Cross-border Payments
Amazon Seeks Pharmacy Trademarks In Canada, UK, Australia 
January 21, 2020

Amazon has filed for a trademark for Amazon Pharmacy in several countries, according to a report by CNBC. 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...

Cross-border Payments
Manufacturing, Big Tech And Valuations Among Davos Day One Focus
January 21, 2020

The first day of Davos — the annual meeting of the World Economic Forum held in Switzerland — featured panels and commentary about business and economics, as has been customary. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Cross-border Payments
Travel Stocks Drop Amid Coronavirus Concerns
January 21, 2020

Less than a month ago, the outbreak of a new virus in the city of Wuhan centered on a cluster of consumers who had been exposed to live animals at a local food market. The virus has since been classified as a coronavirus — a...

Cross-border Payments
MoneyGram Teams With LuLu Money To Power Asia-Pacific Transactions
January 21, 2020

Cross-border peer-to-peer (P2P) payments firm MoneyGram has teamed up with foreign exchange and global money transfer company LuLu Money, MoneyGram announced on Tuesday (Jan. 21). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Cross-border Payments
France Agrees To Defer Big Tech Tax After US Threatens Tariffs
January 21, 2020

France will postpone payment requirements on its newly levied digital services tax aimed at large tech companies like Facebook and Google due to a dispute with the U.S. over the issue, Reuters is reporting. Get the Full Story Complete the form to unlock this article...

Cross-border Payments
GlobalEcon Grows Chinese Presence With Shanghai Office
January 21, 2020

Global Economics Group (GlobalEcon) has branched out in China with the opening of an office in Shanghai, its second location in the country, the economic management consulting firm announced on Tuesday (Jan. 21). Get the Full Story Complete the form to unlock this article and...