Galileo Financial Technologies, the Salt Lake City, Utah-based subsidiary of SoFi Technologies, has expanded its services in Colombia, South America, the company announced Tuesday (March 22). “Numerous factors underpinned Galileo’s decision to expand into Colombia,” said Tory Jackson, head of business development and strategy, Latin America,...
As China seeks to guarantee its publicly traded companies stay listed in New York, Beijing regulators are considering a plan that would permit their U.S.-based counterparts to examine audits of some Chinese firms that do not collect sensitive data, sources told Reuters. Earlier this month,...
Amazon remains locked in a protracted legal battle with Reliance Industries to control the fate of Future Group and gain the lion’s share of India’s retail market, according to a report Monday (March 21) in The Wall Street Journal. India is home to an eCommerce...
Food Rocket, the San Francisco-based company that promises grocery delivery in the Bay area within 15 minutes, announced its customers can help Ukrainians by donating directly to a meals charity with every market purchase. The FoodTech startup has joined with World Central Kitchen (WCK) in...
In today’s top Europe, Middle East and Africa news, the U.K.’s banking regulator has ruled that Barclays Bank UK Plc has failed to make available accurate information on its products, while a Russian court has labeled Meta Platforms as extremist. Plus, Kenya-based B2B eCommerce platform...
For one week, China users of Bing can’t use the Microsoft Corp.’s search engine auto-suggest function, Reuters reported Monday (March 21). This is the second time since December that the People’s Republic of China has sanctioned Bing since December. It comes amid a Beijing crackdown...
London- and Amsterdam-based FinTech Recharge.com has launched in Australia, the company announced Monday (March 21). The firm is best known for selling digital gift cards for popular brands such as Spotify, Netflix and Xbox. The move comes as the gift card and buy now, pay later...
Egypt’s largest national banks, Banque Misr, National Bank of Egypt and Banque du Caire, have launched a new venture fund called Nclude, the banks announced Sunday (March 20). The fund was launched in partnership with venture capital firm Global Ventures, and will focus on FinTech...
In today’s top Europe, Middle East, and Africa news, New York private equity firm Sycamore Partners is considering a cash offer for U.K. fashion retailer Ted Baker, and Apple is fighting to delay the European Commission’s Digital Markets Act. Plus, in a reversal by the...
