News

International
Davos Day Two Focuses On Sovereign Debt, Digital Taxes And Regulating AI
January 22, 2020

The range of topics under discussion at the World Economic Forum in Davos this week has been — and will continue to be — diverse. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

B2B Payments
RAKBANK Partners With Mastercard For Commercial Card Solutions
January 22, 2020

National bank RAKBANK, headquartered in the emirate of Ras Al-Khaimah in the United Arab Emirates, has teamed up with Mastercard to introduce corporate payment solutions, Zawya reported Wednesday (Jan. 22). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

International
Nigeria’s Paga Buys Software Firm Apposit For Global Expansion
January 22, 2020

Nigerian digital payments startup Paga is expanding its operations with the acquisition of Apposit, a software development startup based in Ethiopia, as reported on Wednesday (Jan. 22). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

News
Top News In Payments: More Companies Ponder Malaysia Banking Application; Vodafone Bails On Libra
January 22, 2020

In today’s top news, Grab, Razer, AirAsia and CIMB join other companies considering applying for one of five digital banking licenses in Malaysia, and Vodafone leaves the Libra Association. Also, Big Rech shines at the first day of Davos. Get the Full Story Complete the...

Ridesharing
Uber CEO Says Firm Leads In Race To Ridesharing Profitability
January 22, 2020

Uber CEO Dara Khosrowshahi said his company has the best chance of being profitable out of all of the ride-hailing competitors out there, according to a report by CNBC. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

International
Jumia Counting On Services To Rebound From 70 Pct. Shares Drop
January 22, 2020

African unicorn Jumia, the first technology startup in Africa to list on the New York Stock Exchange (NYSE), is focused on becoming profitable after a troubling 2019, according to a Reuters report on Wednesday (Jan. 22). Get the Full Story Complete the form to unlock this article...

IPO
Study: Tech Unicorns Overvalued By Nearly 50 Percent
January 22, 2020

Price is what you pay, value is what you get. 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. By completing this...

International
Eurazeo Taps Citi, Evercore To Unload Planet Payments Unit
January 22, 2020

French buyout fund Eurazeo has enlisted the help of Citigroup and Evercore to sell its payments enterprise Planet, Reuters reported on Wednesday (Jan. 22), citing three sources. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Retail
Building The Beard Trend Into A Successful eCommerce Portal 
January 22, 2020

After several decades out of favor, with the dawning of the 21st century and especially in the 2010s, beards began to make a big comeback. Big enough, in fact, that razor makers have been reporting declining sales in the last several years, citing (among other...