International

International
World Economic Forum Cancels Singapore Meeting
May 17, 2021

The World Economic Forum’s annual meeting in Singapore is being canceled due to uncertainty surrounding new variants of COVID-19, dubious travel outlook, and the different speeds that vaccinations are being rolled out across the globe. Get the Full Story Complete the form to unlock this...

International
Today In Payments Around The World: Vinted Lands More Than $300 Million In Funding; Safaricom...
May 13, 2021

In today’s top payments news around the world, Vinted has landed more than $300 million from investors, while Safaricom is reportedly in talks about harnessing its mobile money service on Amazon’s eCommerce platform. Plus, Silvergate Bank will exclusively issue the Diem U.S. dollar-denominated stablecoin. Get...

International
Today In Payments Around The World: Klarna Unveils New UK HQ; eBay Moves Into Financial...
May 12, 2021

In today’s top payments news around the world, Klarna revealed London to be the location of its U.K. headquarters, while eBay is launching a tool that will offer loans to small companies selling on its platform in the U.K. Plus, the pandemic wasn’t enough to...

Global Payments
$540 Billion Remittance Figure Higher Than World Bank Expectations
May 12, 2021

The pandemic wasn’t enough to completely dampen global remittance flows, according to a press release from the World Bank. 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...

International
Today In Payments Around The World: SoftBank Aims To Have IPO For PayPay; Infobip Raising...
May 11, 2021

In today’s top payments news around the world, SoftBank is looking to have an initial public offering (IPO) for PayPay, while Infobip aims to raise roughly half a billion dollars in preparation for a U.S. IPO. Plus, Hedosophia is looking to notch $486 million for...

International
Today In Payments Around The World: Gojek Gets $300 Million Invest; Elm Eyes $2 Billion...
May 10, 2021

In today’s top payments news around the world, Gojek has reportedly raised $300 million in investment funds, while Elm is reportedly looking at an approximately $2 billion initial public offering (IPO). Plus, Munich Airport launched PayPal QR Code for mobile, cashless purchases. Get the Full...

International
Today In Payments Around The World: Gopuff Purchases UK’s Fancy; Snowball Mulls $300 Million IPO
May 07, 2021

In today’s top payments news around the world, Gopuff is acquiring on-demand delivery platform Fancy, while Snowball Finance Beijing Internet Information Technology Co. is said to be considering an initial public offering (IPO). Plus, Tide is rolling out a new effort to help small to medium-sized...

International
Post-Pandemic Demand Triggers Chinese Trade Escalation
May 07, 2021

Post-pandemic demand last month initially spurred a double-digit increase in trade between the U.S. and China, but consumers’ appetites are showing signs of slowing down, the Associated Press (AP) reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

International
Today In Payments Around The World: Einride Raises $110 Million; Marqeta Teams With Afterpay
May 06, 2021

In today’s top payments news around the world, Sweden-based Einride has landed $110 million, while Marqeta has collaborated with Afterpay on virtual cards. Plus, Shift Technologies has closed a Series D funding round of $220 million. Get the Full Story Complete the form to unlock...