International

International
Today In Payments Around The World: EBANX Lands $430 Million Investment; Klarna Launches Tool For...
June 15, 2021

In today’s top payments news around the world, EBANX has notched a $430 million investment from Advent International, while Klarna is rolling out a new Comparison Shopping Service (CSS). Plus, Hims & Hers will buy United Kingdom-based Honest Health. Get the Full Story Complete the...

International
Virtual Pop Stars Drive $35 Billion Industry In China
June 13, 2021

Virtual pop stars are a rising trend in the music business and have been raking in tens of billions in terms of funding, Bloomberg writes. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

International
Soaring Post-Lockdown Demand Challenges UK Cocktail Bars
June 11, 2021

Amid soaring demand following pandemic lockdowns and with summer cocktails popular amid the recent good weather, the U.K.’s cocktails bars are having a difficult time satisfying demand from bargoers, the Financial Times (FT) reported Friday (June 11). Get the Full Story Complete the form to...

International
Mobile Payments Firm Paga Aims For $1 Billion+ Valuation And Eyes Growth Beyond Nigeria
June 11, 2021

Paga, the largest mobile payments firm in Nigeria, is aiming to be the next company worth at least a billion dollars in Africa. The company counts 17 million unique users among its ranks, which range from consumers to companies and those who start tech firms....

International
Strong Stock Market, Savings Boost Global Financial Wealth To Record $250 Trillion In 2020
June 10, 2021

The pandemic didn’t hamper the rise of global wealth, a new report by Boston Consulting Group (BCG) found, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

International
Today In Payments Around The World: Sweden’s Klarna Notches $639 Million; Chinese Grocery Delivery Upstarts...
June 10, 2021

In today’s top payments news around the world, Klarna raised $639 million in equity funding, while two Chinese grocery delivery startups have filed to go public in the United States. Plus, the Basel Committee on Banking Supervision is looking for input on cryptoasset regulation. Get...

International
Zimbabweans Sending More Money From Abroad Lift Local Economy
June 09, 2021

An increase in remittances from Zimbabweans living in distant locales and sending more money home helped improve the local economy, Central Bank Governor John Mangudya said, per a Wednesday (June 9) Bloomberg report. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

International
Today In Payments Around The World: Nium To Buy Ixaris; Worldline, Toshiba Team On Checkout...
June 08, 2021

In today’s top payments news around the world, Nium announced that it would purchase Ixaris as part of an international expansion, while Worldline announced it will bring Toshiba’s Pro-X Hybrid Kiosk to market. Plus, foreign backers are investing millions into Pakistan’s FinTechs. Get the Full...

International
Hong Kong To Explore CBDCs In ‘FinTech 2025’ Strategy
June 08, 2021

The Hong Kong Monetary Authority (HKMA) said in a press release Tuesday (June 8) it wants to make sure Hong Kong is ready to issue wholesale and retail central bank digital currencies (CBDCs) as part of its larger FinTech 2025 strategy. Get the Full Story...