EMEA

FinTech Remitly to Acquire Rewire for $80M
FinTech Remitly to Acquire Rewire for $80M
August 16, 2022  |  Acquisitions

Remitly, a global finTech that provides digital remittance solutions, announced Tuesday (Aug. 16) that it has signed a definitive agreement to acquire Rewire, an Israeli-based...

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Axo Acquires Nordic Financial Management Platform Defero
Axo Acquires Nordic Financial Management Platform Defero
August 16, 2022  |  Acquisitions

Norwegian personal finance company Axo announced Tuesday (Aug. 16) that it has acquired Defero, a digital credit-scoring and financial management platform in the Scandinavian region....

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Surging Cross-Border Payment Volumes Reflect Rise of Multinational D2C Sellers
Surging Cross-Border Payment Volumes Reflect Rise of Multinational D2C Sellers
August 16, 2022  |  Cross-border Payments

The continued eCommerce shift has merchants — especially larger ones — pivoting to sell their products directly to consumers (D2C). Get the Full Story Complete...

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TenureX Teams With TM Group to Democratize Correspondent Banking in Nordics Region
TenureX Teams With TM Group to Democratize Correspondent Banking in Nordics Region
August 16, 2022  |  Banking

Correspondent banking startup TenureX is partnering with technology management and integration firm TM Group in a move to democratize correspondent banking in the Nordics region. Get the Full Story...

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Authentic Brands Set to Acquire UK’s Ted Baker at 80% Discount
Authentic Brands Set to Acquire UK’s Ted Baker at 80% Discount
August 16, 2022  |  Retail

After months of searching for a buyer, Ted Baker has found its suitor in Authentic Brands Group (ABG), which has agreed to purchase the U.K....

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The Frenzy to Digitize Must Not Eclipse Business Fundamentals, Says PayU CFO
The Frenzy to Digitize Must Not Eclipse Business Fundamentals, Says PayU CFO
August 16, 2022  |  Back-office

While digitization and automation dominate the payments ecosystem, the underlying fundamentals remain the same and must be in place if automation is to realize its...

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APIs Build Bridges From ERPs to Faster, More Accurate Payments
APIs Build Bridges From ERPs to Faster, More Accurate Payments
August 16, 2022  |  Digital Payments

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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Digital Beats Legacy in Sending Remittances to Remote, Rural Recipients
Digital Beats Legacy in Sending Remittances to Remote, Rural Recipients
August 16, 2022  |  Cross-border Payments

An essential part of migrant workers’ lives is sending money abroad to recipients who often depend on funds for critical expenses such as housing, food...

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Klarna Strives for Super App Status by Helping UK Customers Track All Online Orders in One Place
Klarna Strives for Super App Status by Helping UK Customers Track All Online Orders in...
August 15, 2022  |  BNPL

Valuations headwinds don’t seem to be slowing down buy now, pay later (BNPL) giant Klarna. Get the Full Story Complete the form to unlock this...

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