China’s Ant Group plans to close its Xiang Hu Bao mutual aid platform next month, a move that comes as the country’s government continues its crackdown on FinTech companies. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Global economic output will top $100 trillion for the first time next year. China, however, will need a bit longer to reach the top of the world’s economies. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Recent data from Dealroom, supported by France’s startup movement La French Tech, has revealed that the combined enterprise value of French startups founded since 2000 was €179 billion in 2021 — up 17.7x since 2010. Get the Full Story Complete the form to unlock this...
While Africa’s FinTech startup industry is booming, one country — Morocco — seems to be lagging behind, according to a report Monday (Dec. 27) by Morocco World News. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
The UAE-based car-sharing service ekar is expanding into Saudi Arabia. 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 to our daily newsletter, PYMNTS Today. By completing this...
With supply chain problems persisting, unwanted and delayed goods have piled up — including things like rotten red cabbages, beer kegs and dog blankets, according to The Financial Times Saturday (Dec. 25). Get the Full Story Complete the form to unlock this article and enjoy...
India’s Income Tax Department is carrying out a widespread crackdown on Chinese mobile companies, conducting searches at their Indian headquarters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
In today’s top Europe, Middle East and Africa news, Europe is set to account for 28% of cross-border eCommerce in 2022, while French payments firm Numeral has snagged $14.7 million in its latest seed round. Plus, the United Kingdom is moving to open banking 3.0,...
UBS has filed an appeal over a Paris court’s decision that upheld the company’s conviction for money laundering, Reuters reported Monday (Dec. 20). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
