Safaricom, Kenya’s telecommunications giant, and the South African mobile communications company Vodacom have completed the acquisition of the M-PESA brand, along with its product development and support services, from Vodafone Group PLC through a joint venture, the companies said on Monday (April 6.) Get the...
In today’s top news, Wells Fargo began taking loan applications, saying it will disperse $10 billion to nonprofits and small businesses, and Apple bought voice assistant startup Voysis. Plus, the European Union began investigating Facebook’s marketplace as part of its antitrust probe. Get the Full...
Philippines payments startup Voyager Innovations has closed a funding deal worth up to $120 million from existing backers, according to a Monday (April 6) statement from Voyager. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Rifkin Weiner Livingston LLC has filed an amended complaint against Bank of America (BoA) for allegedly giving its lending clients a higher priority and denying or limiting access to the Paycheck Protection Program (PPP) to its depository clients and other small firms, according to a...
Singapore has set out its third stimulus package as the country’s economy reels from the worldwide spread of COVID-19. Government officials said today (April 6) that the $3.6 billion would include wage subsidies for companies, rental waivers and cash payouts for all Singaporean adults, per...
With ridesharing demand diminished by the COVID-19 pandemic, Uber Technologies Inc. is providing its drivers with job listings to fill the void, Reuters reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Online food delivery platform Swiggy has raised $43 million as part of its ongoing Series I round to develop and expand its new businesses, according to multiple reports on Monday (April 6). Get the Full Story Complete the form to unlock this article and enjoy...
Uber has struck a deal with online retailer Flipkart in India to deliver “everyday essentials,” as the country remains in lockdown as part of the coronavirus pandemic, per reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
The dreaded “B” word has been circulating with more weight and frequency, as the week opens with nonessential retailers reckoning with life during the contagion. Over the weekend, the U.K. retail scene was stunned when Debenhams – a 242-year-old High Street brand – filed for...
