Financial services startup Airwallex is launching global payments in New Zealand to offer businesses international collections, multi-currency wallets in over 11 currencies, and local payouts in over 30 currencies, according to a Wednesday (June 29) press release. Get the Full Story Complete the form to unlock this...
In today’s top stories from Europe, the Middle East and Africa, the Bank of London will integrate cloud banking, Wise reports increased revenues and Walgreens will not sell its U.K.-based Boots unit. Get the Full Story Complete the form to unlock this article and enjoy...
In today’s EMEA news, digital bank Kroo has been granted a full banking license from the Bank of England, Credit Suisse Group AG was convicted in Switzerland’s federal criminal court and more. Get the Full Story Complete the form to unlock this article and enjoy...
Nigerian payment app and social commerce platform Abeg on Monday (July 27) rebranded itself as Pocket by Piggyvest. 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...
South Korea’s car-sharing platform Socar is aiming for a $1.2 billion valuation in an August initial public offering (IPO) on the Korea Composite Stock Price Index (KOSPI), where 4.55 million initial shares will be priced at 34,000-45,000 won, according to media reports on Monday (June...
Global cross-border payments company LianLian Global is introducing a multi-currency digital wallet for cross-border transactions that can be used by U.S. merchants selling on international marketplaces. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
In today’s news, venture capital fund Presto Ventures has a new fund to help B2B startups, while delivery firm Gorillas is closing warehouses and planning to exit Belgium. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
On-demand grocery delivery startup Gorillas is closing its warehouses in Belgium and handing off some of its business for undisclosed terms to Belgium organic and seasonal products delivery firm Efarmz, Reuters reported on Friday (June 24). Get the Full Story Complete the form to unlock...
This week, the U.K. government and some regulatory agencies in the country announced changes to regulate the buy now, pay later (BNPL) sector and to review Visa and Mastercard’s cross-border interchange fees. Get the Full Story Complete the form to unlock this article and enjoy...