APAC

GCash Parent CEO Says Firm Is ‘Ripe’ to Go Public

GCash Parent CEO Says Firm Is ‘Ripe’ to Go Public
GCash Parent CEO Says Firm Is ‘Ripe’ to Go Public
June 08, 2023  |  IPO

Philippines-based mobile wallet provider GCash is reportedly ready to go public. “We’re pretty much ripe for it,” Ernest Cu, president and CEO of GCash parent...

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New World of Global Trade Set to Affect Cross-Border Commerce
New World of Global Trade Set to Affect Cross-Border Commerce
June 01, 2023  |  Cross-border Payments

Smaller merchants may need more help navigating the new rules than ever before. As reported by The Wall Street Journal in May, international trade deals...

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Advanced Automation Helps Enterprises Manage Spend on a Global Scale
Advanced Automation Helps Enterprises Manage Spend on a Global Scale
May 31, 2023  |  Spend Management

Companies navigating the shifting landscape of global commerce see the promise of new markets, of bringing their products and services to new geographies. As they...

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Dublin-Headquartered NomuPay Raises $53.6 Million to Expand X-Border Payment Platform
Dublin-Headquartered NomuPay Raises $53.6 Million to Expand X-Border Payment Platform
May 31, 2023  |  Investments

Dublin-headquartered NomuPay has raised $53.6 million to expand its cross-border payment platform. NomuPay’s Unified Payments Platform is built for regions seeing high growth in cross-border and eCommerce and currently...

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India’s XFlow Raises $10.2 Million to Expand Cross-Border Payments Solution
India’s XFlow Raises $10.2 Million to Expand Cross-Border Payments Solution
May 26, 2023  |  Investments

XFlow has raised $10.2 million in a pre-Series A round to expand its cross-border payments solutions. The India-based financial services and infrastructure firm will use the...

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Report: Chanel Sees Slowdown in Luxury Sector Sales in US
Report: Chanel Sees Slowdown in Luxury Sector Sales in US
May 25, 2023  |  Retail

Chanel has reportedly seen a slowdown in the United States. The privately-held luxury brand’s sales growth in the U.S. has dipped from about 10% in 2022 to “in...

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Tyme Raises $77.8 Million to Grow South Africa, Philippines Operations
Tyme Raises $77.8 Million to Grow South Africa, Philippines Operations
May 24, 2023  |  Investments

Digital banking group Tyme has raised $77.8 million in a pre-Series C capital raise. The Singapore-headquartered firm will use the new funding to continue growing its operations in South...

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HSBC Hong Kong Debuts POS Financing for B2B Sales
HSBC Hong Kong Debuts POS Financing for B2B Sales
May 24, 2023  |  B2B Payments

The Hong Kong arm of banking giant HSBC has launched a B2B transaction financing tool. The new offering lets B2B sellers on online platforms offer customers extended payment terms,...

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