Ant Group’s MYBank is getting in on China’s moves toward launching a digital currency. The online bank said it will now be one of the participants in China’s digital yuan research program, Reuters reported on Monday (Feb. 22). Get the Full Story Complete the form to...
In today’s top payments news around the world, Chinese healthcare company SPH Health Commerce has landed approximately $160 million in a Series B funding round, while The Singapore Exchange is reportedly considering listing blank-check companies. Plus, Signet Partners has invested an undisclosed amount in Singapore’s...
In today’s top payments news around the world, India-based KreditBee has raised $75 million in a Series C round, while Lakestar Founder Klaus Hommels has launched a special purpose acquisition company (SPAC). Plus, Chinese retail solutions startup DMall is said to be considering a plan...
Chinese grocery app Dingdong Maicai is considering an initial public offering (IPO) in the U.S. to advance expansion in the fresh food delivery market, Bloomberg reported, citing sources. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
A month-long investigation by Luckin Coffee into its current CEO found no evidence of misconduct, Reuters reported Wednesday (Feb. 17). 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...
Europe is looking to Amsterdam as a launchpad for special-purpose acquisition companies, (SPAC), the Financial Times (FT) reported on Wednesday (Feb. 17). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
In today’s top payments news around the world, Utily.fr is working with Limonetik to grow payment options, while goPuff might be about to buy U.K.-based Fancy Delivery. Plus, FairMoney has named Rohan Khara as the company’s news chief product officer. Get the Full Story Complete...
Oyo Hotels & Homes is taking a step back from its Latin America market as the COVID-19 pandemic continues to decimate travel across the globe, The Wall Street Journal reported Friday (Feb. 12). Get the Full Story Complete the form to unlock this article and...
In today’s top payments news around the world, Dutch digital payment firm Adyen experienced a large fourth quarter win, while German venture capital firm Target Global said it has helped start the Branded consumer products company. Plus, Japanese Finance Minister Taro Aso has conveyed an...