In top Europe, Middle East and Africa (EMEA) news, the U.K.’s Babylon Health reports 371% year-over-year revenue growth in the third quarter; Big Tech firms face a tough week following a European Union clamp-down; Spain’s Eldiario newspaper uses a pay-what-you-want model; African FinTechs see small-...
Philippine central bank Bangko Sentral ng Pilipinas (BSP) is looking into creating a cross-border payment network across Singapore, Malaysia and Thailand, according to an ABS-CBN News report on Friday (Nov. 12). BSP already has an agreement with the Monetary Authority of Singapore (MAS) to talk...
FinTech startups in Africa are ballooning beyond their borders to access a wave of new investments expected to arrive with the advent of the African Continental Free Trade Area (AfCFTA). Trading under the AfCFTA began earlier this year, with the aim of establishing the largest...
In today’s top Europe, Middle East and Africa (EMEA) news, Germany’s Delivery Hero predicts a positive 2021 revenue outlook; Mode, a U.K. FinTech, joins forces with PayEscape to test a bitcoin payroll offering; the Monetary Authority of Singapore (MAS) and others sign a digital trade...
Loyalty programs and other special offerings are popular in the U.K., where 76% of all consumers receive regular rewards or discounts from at least one of the businesses with which they shop. This data was revealed in a recent PYMNTS report on ‘Making Loyalty Work...
Singapore-based telehealth company Doctor Anywhere (DA) is acquiring telemedicine platform Doctor Raksa for undisclosed terms, according to a press release on Thursday (Nov. 11). This acquisition of Thailand’s biggest telemedicine platform follows DA’s $65.7 million Series C funding round in August, which is among the...
Singapore’s Infocomm Media Development Authority (IMDA), the Monetary Authority of Singapore (MAS) and the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) on Thursday (Nov. 11) announced the completion of a cross-border digital trade financing pilot. The collaboration also includes commercial partners...
eCommerce aggregator Evenflow Brands has acquired sports and fitness supplement venture Xtrim, its third acquisition in the past three weeks, according to a BusinessToday.in report Thursday (Nov. 11). Evenflow acquired Xtrim for an upfront amount based on multiple EBITDA valuations and performance earnouts over three...
Teamwork makes the dream work. That’s what two of Europe’s largest FinTech firms and longtime German rivals Raisin and Deposit Solutions decided to do in June of this year, teaming up to form a new entity, Raisin DS, to boost products in the European savings...
