Silicon Valley and African FinTech startup Flutterwave closed a $35 million fundraising round and announced partnerships with WorldPay and Visa as it plans expansion on the continent, according to reports on Tuesday (Jan. 21). Get the Full Story Complete the form to unlock this article...
Amazon and dLocal, a company that specializes in cross-border payments for up-and-coming countries, have teamed up on payment services in Chile, according to a release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
ACI Worldwide is working with The Bancorp’s Direct Rapid Funds platform — powered by Visa Direct — for real-time corporate disbursements, The Bancorp announced on Tuesday (Jan. 21). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
In today’s top news, Uber sells its India food delivery service to Zomato for a stake in the business, and JPMorgan created a $100 billion funding arm to expand investments in emerging markets. Also, Amazon leads the pack in Europe’s expanding smart home market. Get...
Cross-border peer-to-peer (P2P) payments firm MoneyGram has teamed up with foreign exchange and global money transfer company LuLu Money, MoneyGram announced on Tuesday (Jan. 21). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
France will postpone payment requirements on its newly levied digital services tax aimed at large tech companies like Facebook and Google due to a dispute with the U.S. over the issue, Reuters is reporting. Get the Full Story Complete the form to unlock this article...
Global Economics Group (GlobalEcon) has branched out in China with the opening of an office in Shanghai, its second location in the country, the economic management consulting firm announced on Tuesday (Jan. 21). Get the Full Story Complete the form to unlock this article and...
With the newest of many initiatives to reportedly provide drivers with greater independence as a reaction to the state’s new gig economy law, Uber Technologies Inc. is piloting a function that allows some drivers in California to set their own rates. Drivers who shuttle riders from airports...
As the retail luster of Hong Kong dissipates, luxury fashion retail brands LVMH and Prada are dropping their leases. At the same time, prime retail rents fell late last year as social unrest impact commerce and discouraged many of the Mainland China visitors who back...
