Amid soaring demand following pandemic lockdowns and with summer cocktails popular amid the recent good weather, the U.K.’s cocktails bars are having a difficult time satisfying demand from bargoers, the Financial Times (FT) reported Friday (June 11). Get the Full Story Complete the form to...
Paga, the largest mobile payments firm in Nigeria, is aiming to be the next company worth at least a billion dollars in Africa. The company counts 17 million unique users among its ranks, which range from consumers to companies and those who start tech firms....
The pandemic didn’t hamper the rise of global wealth, a new report by Boston Consulting Group (BCG) found, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
In today’s top payments news around the world, Klarna raised $639 million in equity funding, while two Chinese grocery delivery startups have filed to go public in the United States. Plus, the Basel Committee on Banking Supervision is looking for input on cryptoasset regulation. Get...
An increase in remittances from Zimbabweans living in distant locales and sending more money home helped improve the local economy, Central Bank Governor John Mangudya said, per a Wednesday (June 9) Bloomberg report. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
In today’s top payments news around the world, Nium announced that it would purchase Ixaris as part of an international expansion, while Worldline announced it will bring Toshiba’s Pro-X Hybrid Kiosk to market. Plus, foreign backers are investing millions into Pakistan’s FinTechs. Get the Full...
The Hong Kong Monetary Authority (HKMA) said in a press release Tuesday (June 8) it wants to make sure Hong Kong is ready to issue wholesale and retail central bank digital currencies (CBDCs) as part of its larger FinTech 2025 strategy. Get the Full Story...
In today’s top payments news around the world, Flink has notched $240 million from a Series A funding round, while Shanghai will reportedly conduct a raffle to give residents the chance to win crypto. Plus, the European Union is introducing plans for a digital identification...
Is Singapore poised to become Asia’s Silicon Valley? It might, if Sopnendu Mohanty, the Monetary Authority of Singapore’s (MAS) chief FinTech officer, has anything to say about it. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
