International

International
Equity Group Debuts $4.5B Pandemic Business Recovery Initiative
November 08, 2021

Kenya-based Equity Group Holdings announced Monday (Nov. 8) the debut of a 500-billion shilling ($4.5 billion) loan effort aimed at pulling small- to medium-sized businesses (SMBs) out of the economic doldrums triggered by the pandemic, Reuters reported. Get the Full Story Complete the form to...

South East Asia
FinTech Airwallex Granted Payment License from Singapore’s Central Bank
November 08, 2021

Global FinTech platform Airwallex was granted a payments license in Singapore, boosting the company’s operations in the ASEAN region, according to a press release sent to PYMNTS on Monday (Nov. 8). Get the Full Story Complete the form to unlock this article and enjoy unlimited...

International
EMEA Regulation Roundup: European Commission Adopts Delegated Act on Cybersecurity; UAE to Merge All Government’s...
November 07, 2021

In recent top Europe, the Middle East and Africa (EMEA) news, the European Commission has announced the adoption of the Delegated Act on Cybersecurity for the Radio Equipment Directive (RED), aimed at ensuring a greater level of cybersecurity, personal data protection and privacy for connected...

International
Biden Wants Cuba Remittances Policy ‘Tough on the Regime and Soft on the Cuban People’
November 07, 2021

The White House is seeking “innovative options” to restart remittances to Cuba, it said when sending back some recommendations that had been made by the Treasury Department and State Department, Reuters reported Friday (Nov. 5). Get the Full Story Complete the form to unlock this...

International
Today in Payments Around the World: Poland’s Allegro to Pay $1B for Czech Retailer Mall...
November 05, 2021

Today in payments around the world, Polish eCommerce firm Allegro will acquire Czech retailer Mall Group for $1 billion, and a European Central Bank board member explains his optimism about the digital euro. Plus, Colombian delivery app Rappi is set to go public next year,...

International
Thunes Preps for EU Expansion With New French License
November 04, 2021

The global cross-border payments platform Thunes has gotten permission to conduct merchant acquisition services in France, with plans to expand these capabilities throughout Europe. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

International
Today in Payments Around the World: Hong Kong FPS Averages $667.9M in Daily Transaction Volume;...
November 03, 2021

Today in payments around the world, Hong Kong’s Faster Payment System (FPS) averages $667.9M in daily transaction volume, and buy now, pay later (BNPL) firm Klarna launches an all-in-one shopping app. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

International
EMEA Daily: Israel’s Fiverr Pays $95M for Stoke; Swiss Health-Tech Startup Aktiia Nets $17.5M In...
November 02, 2021

In today’s top Europe, the Middle East and Africa (EMEA) news, Israel’s Fiverr pays $95 million for Stoke, and Swiss firm Aktiia raises $17.5 million in a Series A round. Plus, Swedish buy now, pay later (BNPL) giant Klarna acquires U.K.-based price comparison service PriceRunner,...

International
Epic Games to Shut Down Chinese Version of Fortnite
November 02, 2021

Fortress Night, the Chinese adaptation of Epic Games’ Fortnite, will close later in November, without any reason given so far by the company, BBC reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...