In today’s top payments news around the world, Afterpay has rolled out its Clearpay service to merchants in France and Spain, while the U.K.’s Deliveroo is reportedly gearing up for an initial public offering (IPO). Plus, Ghost Kitchen Brands (GKB) has teamed with Walmart Canada to bring one-stop meal pickup and delivery to consumers.
European BNPL Service Clearpay Launches With Merchants In Spain, France
Buy now, pay later (BNPL) company Afterpay has launched its European service, Clearpay, to merchants in Spain as well as France. Moreover, Italian merchants will begin providing the platform later in March. By harnessing Clearpay, shoppers can receive products immediately and provide payments through four installments over a short duration.
Deliveroo Seeks To Raise $1.4 Billion Through IPO Stock Sales
Deliveroo is preparing to raise $1.4 billion in a planned IPO of stock. The delivery platform, which is backed by Amazon, among others, could be valued at approximately $10 billion following its IPO. Deliveroo is also backed by investors that include Accel, Index Ventures, General Catalyst, T. Rowe Price, Fidelity and Durable Capital Partners.
Walmart To Open Five Ghost Kitchens In Canada
GKB has joined forces with Walmart Canada to bring one-stop meal pickup and delivery to consumers. The first Ghost Kitchen at Walmart is presently open at the St. Catherine’s Walmart. GKB Founder and CEO George Kottas said in a press release that “Walmart Canada is a perfect strategic partner for us as we continue to innovate and reinvent the restaurant industry with our unique restaurant concept.”
Cryptocurrency Could Be Totally Banned In India
India is mulling new rules that would ban digital currency in the nation, penalizing anyone who holds, purchases or mines bitcoin and other crypto, according to a published report that cited unidentified government sources. The potential rules would be the strictest globally and would, in effect, reportedly ban the possession, issuance, mining or trading of digital currency.
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