Cross-border Payments

Cross-border Payments
Airwallex Intros Global Payment Services in New Zealand
June 29, 2022

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...

Europe
EMEA Daily: Bank of London to Add Cloud Banking; DIFC Taps Tarabut Gateway for MENA’s...
June 28, 2022

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...

Europe
EMEA Daily: Credit Suisse Convicted in Switzerland; Kroo Granted New License
June 27, 2022

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...

Europe
Nigerian Payment App Abeg Rebrands Into Pocket by Piggyvest
June 27, 2022

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...

Europe
Socar Aims for $1.2B Valuation in Kospi IPO
June 27, 2022

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...

Cross-border Payments
LianLian Global Intros Multi-Currency Wallet
June 27, 2022

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...

Europe
EMEA Daily: VC Firm Presto Ventures has New Fund; Gorillas Exits Belgium
June 24, 2022

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...

Europe
Gorillas Leaves Belgium, Hands Off Some Business to Efarmz
June 24, 2022

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...

Europe
Weekly TechReg EMEA: Google, TikTok Move to Appease Regulators
June 24, 2022

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...