News

Payments Innovation
This Week in Payments: Super Apps Proliferate, BNPL Sees More Competition and Grocers Boost Online...
January 28, 2022

Super apps, buy now, pay later (BNPL), and the grocery category were in the news in recent days. Matt Naish, head of product strategy at FISPAN, joined PYMNTS to discuss the hot topics in This Week in Payments. Get the Full Story Complete the form...

B2B Payments
B2Brazil Debuts Marketplaces in Mexico, Chile and Colombia
January 28, 2022

B2Brazil Serviços Interativos Ltda., on Friday (Jan. 28) unveiled online marketplaces in Chile (B2Chile), Colombia (B2Colombia) and Mexico (B2Mexico), noting the new trio relies on B2Brazil’s technology and database and the company has more than 20,000 users in the three countries where it debuted. Get...

Regulation
Intense Regulatory Pressure on Big Tech Firms in Europe Continues But Meta Granted Conditional Reprieve
January 28, 2022

The intense regulatory focus on Big Tech giants in Europe has not eased. 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 our daily newsletter, PYMNTS Today....

Digital Banking
ICICB Group Plans Digital Bank for Brazil
January 28, 2022

Dubai’s ICICB Group wants to become a player in Brazil’s burgeoning digital banking space, the financial services company announced in a news release Friday (Jan. 28). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

B2B Payments
Indian B2B eCommerce Unicorn Moglix Boosts Valuation to $2.6B
January 28, 2022

Indian business-to-business (B2B) eCommerce platform Moglix on Friday (Jan. 28) announced it has raised $250 million in its most recent fundraising round and its valuation is up to $2.6 billion, according to an Economic Times report. Get the Full Story Complete the form to unlock...

B2B Payments
India’s Supply Chain Ecosystem Gains New Financing Options
January 28, 2022

Microbusinesses and small- to medium-sized businesses (SMBs) are key to India’s economy, yet they have difficulty accessing finance. 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...

Investments
Zapp Grabs $200M to Expand Rapid Delivery in UK
January 28, 2022

Rapid delivery service Zapp raised $200 million in a Series B funding round to expand its footprint in larger U.K. cities, enhance its technology and improve its overall customer experience, according to a press release emailed to PYMNTS. Get the Full Story Complete the form...

Regulation
Regulators and Economic Experts Debate on Possible Challenges in Platform Regulation
January 28, 2022

The rise of the so-called “platforms” is leading to a new wave of regulation. This regulation overlaps with antitrust law in several respects, but it also introduces novel concepts. What is a platform? How does one define a “gatekeeper” role? Once defined, what specific rules...

IPO
China Investigation Triggers Delay in 60+ IPOs
January 28, 2022

More than 60 initial public offerings (IPOs) across China — including Deutsche Bank AG’s Chinese securities venture — are on hold as regulators look into the law firms and underwriters behind them, Reuters reported Friday (Jan. 28). Get the Full Story Complete the form to...