South Africa’s car buying market will get more financing options, thanks to automotive technology company Autochek’s new service. In a Tuesday (Nov. 22) press release, the company said that the new Autochek Financial Services will make vehicle financing possible for customers and businesses across Africa,...
The U.K.’s Financial Conduct Authority (FCA) is calling for a reformation of the way credit rating agencies (CRA) in the country operate and are governed. In a November report, the watchdog noted that the sector is “highly concentrated” and that “almost all credit information is...
A wave of platforms that enable digital sales and procurement are revolutionizing the way African companies do business, contributing to an all-round more efficient trading system and helping to eliminate frictions that have long-plagued traditional supply chains. Increasingly, these platforms are not just middlemen connecting...
U.K.-based FinTech Stenn, which specializes in invoice financing, is focusing its energies on to small and medium-sized businesses (SMBs) and emerging markets, where access to trade financing has often been limited. Trade finance is especially critical for export businesses, which often wait months for payment...
Galileo Financial Technologies has teamed with money transfer company Pomelo to add its API-enabled technology to the Pomelo card. The company said in a news release that the card lets families in the U.S. build and extend credit access abroad without racking up costly remittance...
More than one million fans are expected to travel to Qatar for the FIFA World Cup Qatar 2022 as the so-called “beautiful game’s” biggest stage kicks off this Sunday (Nov. 20). But for all the hype and buzz leading up to the event, a giant unexpected buzzkill...
Direct-to-consumer (D2C) businesses may not have much of a presence in the Asia Pacific (APAC) area, but with significant investments planned in the near future, D2Cs are poised to grow dramatically in the region even within the next year. For the PYMNTS study “The Emerging...
As world leaders prepare to wrap up negotiations at the COP27 climate summit in Egypt on Friday (Nov. 18), climate tech investment deals signed by participants mark some of the major successes of the nearly two-week event. For example, the European Investment Fund (EIF), a...
Ahead of the World Cup opening ceremony on Sunday (Nov. 20), soccer fans from around the globe have been arriving in Qatar, giving an economic boost to the country’s tourism and hospitality sector. But beyond the obvious beneficiaries of an influx of foreign visitors, World...