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Compared to developed markets in the United States and Europe, small and medium-sized businesses (SMBs) in the Middle East and North Africa region, from a building materials company or a paint manufacturer to a logistics or outdoor signage firm, all have a pain point when...
A lack of seed investments continues to prove a challenge in Africa’s venture capital space, despite increasing signs of improvement in recent years. In 2019 and 2020, only 7% of all capital went into seed companies, a figure which grew a year later to about...
Uber will be speeding up the sale of its stake in a taxi joint-venture with Yandex, a Russian internet search company, in the wake of the Russian war taking place in Ukraine, Bloomberg reported Monday (Feb. 28). Get the Full Story Complete the form to...
In today’s FinTech news, streaming services are big in Latin America, but a myriad of payment options are needed for success, according to Paramount. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Today in B2B payments, 90% of independent contractors want to be paid daily, on-demand or at least weekly, while Visa’s partnership with Tribal means increased service for Latin American and Caribbean customers. Plus, 4thWave rolls out a B2B platform in the United Arab Emirates, and...
Both cross-border payments company Wise and remittance processor Remitly have suspended their money transfer services in Russia due to the sanctions there and the ongoing military action in Ukraine, Reuters reported Monday (Feb. 28). Get the Full Story Complete the form to unlock this article...
In today’s top Europe, Middle East, and Africa news, Switzerland put neutrality on hold and froze all of Russia’s assets due to the invasion of Ukraine; Apple is facing its sixth weekly fine of $5.7 million for what a Dutch regulator called the tech giant’s...
The Consumer Financial Protection Bureau (CFPB) issued a compliance bulletin Monday (Feb. 28) aimed at halting illegal car repossessions. 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...
