Payments firm Ebanx anticipates that it will double its business operations in Mexico for the second consecutive year as it moves to onboard 10 new retailers and launch its first office in the country with an expanded roster of employees. Ebanx co-founder and CEO Joao...
Cryptocurrency exchange Binance has named a pair of former government officials to take on new executive roles in its operations in Russia and the Ukraine. The company announced the appointments this week, saying they were designed to “further develop and strengthen” Binance’s position in the...
Patents offer a glimpse into what might be, and even what will be, as new technologies make the leap from concept to reality. They offer windows into the intellectual property that, in turn, translate into the competitive advantages that help companies garner market share. To...
Payments orchestration platform Spreedly says it’s seeing a lot of activity from users in Latin America. The company announced Tuesday (Jan. 11) that transaction volume on its platform from that region had grown by more than 100% year over year. “As one of the world’s...
China will debut the digital yuan ahead of its Beijing Winter Olympics, which will go out to both athletes and spectators, Bloomberg reported Monday (Jan. 10). That will be a new way to gauge the currency’s appeal among foreigners, and China has been looking to...
In today’s top Europe, Middle East and Africa news, French wholesale marketplace Ankorstore gets unicorn status and Germany’s Delivery Hero sells its $150 million share in Rappi. Plus, McDonald’s pilots a loyalty scheme in the U.K., Standard Chartered is set to close about half of...
Social trading platform Dawul has raised $5 million in a seed round led by RAED Ventures with participation from Impact46, Seedra Ventures, Derayah Venture and Sukna Ventures, the Saudi Arabia-based company announced Sunday (Jan. 9). Established by Mansour Al-Harbi in 2020, the company aims to...
On Friday (Jan. 7), the People’s Bank of China released its Financial Science and Technology Plan for 2022-2025, which aims to support the growth of the FinTech industry. In it, they suggest that although open banking is popular with consumers, regulators may need to step...
India’s central bank is setting up a FinTech department to drive innovation, oversee the exchange of cryptocurrencies and develop regulations for the release of its upcoming central bank digital currency (CBDC), according to multiple media reports on Monday (Jan. 10). The Reserve Bank of India...