International

International
MYBank, Backed By Ant Group, Signs Up For Digital Yuan Test Drives
February 22, 2021

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...

International
Today In Payments Around The World: China’s SPH Health Commerce Lands $159.7 Million; Singapore May...
February 19, 2021

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...

International
Today In Payments Around The World: KreditBee Lands $75 Million In Series C Round; Lakestar’s...
February 18, 2021

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...

International
Chinese Grocery App Dingdong Maicai Considering US IPO
February 18, 2021

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...

International
Luckin Coffee Ends CEO Probe, Finds No Misconduct Evidence
February 17, 2021

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...

International
Europe Eyes Amsterdam As Center For SPACs
February 17, 2021

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...

International
Today In Payments Around The World: Limonetik Teams With Utily.fr On Payments; FairMoney Names New...
February 16, 2021

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...

International
Oyo Hotels Cuts Staff In Latin America, Pivots To Other Markets
February 12, 2021

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...

International
Today In Payments Around The World: Adyen Posts Q4 Win; Target Global Unveils Co-Founding Of...
February 10, 2021

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...