A trend of bad loans over recent years has tightened up the lending requirements of nationalized banks in India. Young Indians, those without good credit and the unbanked are increasingly turning to alternative lending startups to meet their financing needs, and India is now ranked...
Though South Korea’s startup ecosystem is relatively new — its first accelerator was launched just three years ago — the culture is evolving quickly. With a big government backing, bold entrepreneurial spirit and increasing FinTech interest, the country’s tech scene is quickly becoming a global...
Even while the U.S. is seeing a resurgence of sorts in initial public offerings, Europe may be seeing a bit of a slide. Reuters reported on Tuesday (Oct. 11) that two European companies have scuttled their intentions to come public, citing the oft-repeated refrain (by other...
Google may have been banned from China as an internet search provider, but it has a new way into the market — its transformation into a hardware company. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Blockchain startup loyyal is participating in the historic Dubai Future Accelerators program, backed by a $275 million fund. The announcement from the startup, which focuses on global loyalty and rewards, comes after it paired up with His Highness Sheikh Mohammed bin Rashid Al Maktoum, VP...
It appears Manchester may be giving London a run for its money as the next great FinTech sector in the U.K. In recent years, Manchester has been a go-to location for people looking to leave London — and it’s not just because of the city’s...
More than 40 million consumers, or 25 percent of all PayPal users, bought at least one item from Chinese retailers using the service in 2015, according to a new report from PayPal. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
South African FinTech Peach Payments announced on Wednesday (Oct. 5) plans to expand its business to Kenya and Nigeria. 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...
Many firms in the U.K. are taking advantage of a post-Brexit ruling that allows them to relocate to Europe so that they can continue to have access to the EU single market. Singapore startup WB21 Pte is moving to Berlin and may be followed by...
