So, payments provider Ant Group’s much-heralded initial public offering (IPO) could be back on? Soon? 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,...
In his first speech since U.S. President Joe Biden took office, China President Xi Jinping gave a 25-minute address at the virtual World Economic Forum (WEF), his first appearance there since 2017, Reuters reported Monday (Jan. 25). Get the Full Story Complete the form to...
Israel on Sunday (Jan. 24) ordered an end to all passenger flights to and from the country beginning Monday (Jan. 25), Israel time, and continuing through the end of the month, in a bid to slow the arrival of new mutations of COVID-19, according to...
In today’s top payments news around the world, Tiger Global Management has bought a 4.4 percent share in Just Eat Takeaway.com, while Shenzhen will continue China’s digital yuan pilot. Plus, Chinese eSports company VSPN has notched $60 million in a Series B+ funding round. Get...
Shenzhen will be continuing China’s digital yuan pilot program by issuing the digital currency to citizens, according to a report from XinhuaNet. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
In today’s top payments news around the world, Mynt is reportedly seeking more funding following a $175 million round, while WeTrade Group is seeking to raise roughly $121 million in its transfer from the OTC board to Nasdaq. Plus, TransferWise is anticipated to file its...
Chinse billionaire Jack Ma keeps getting hit with setbacks. It all started in November when the Shanghai Stock Exchange acted to delay his Ant Group’s plan to go public, after he met with Chinese regulators. Get the Full Story Complete the form to unlock this article...
The European Commission and the European Central Bank (ECB) have released a joint statement saying they’re considering beginning work on a digital euro. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
In today’s top payments news around the world, ByteDance has launched a mobile payment offering for Douyin, while Dunzo is closing a $40 million Series E funding round. Plus, MGM Resorts International announced that it is ending its bid to purchase the Entain gaming platform....