In today’s top payments news around the world, Flink has notched $240 million from a Series A funding round, while Shanghai will reportedly conduct a raffle to give residents the chance to win crypto. Plus, the European Union is introducing plans for a digital identification...
Is Singapore poised to become Asia’s Silicon Valley? It might, if Sopnendu Mohanty, the Monetary Authority of Singapore’s (MAS) chief FinTech officer, has anything to say about it. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
In today’s top payments news around the world, Urban Company has raised $255 million in a Series F funding round, while Divido has notched $30 million in venture funding. Plus, Yooz launched its new Yooz Rising automated accounts payable (AP) offering in Ireland. Get the Full...
The European Union (EU) is revealing plans for a digital identification wallet that the 450 million residents of the 27-nation bloc can use to access public services and store important identification documentation. Get the Full Story Complete the form to unlock this article and enjoy...
Jack Ma’s Ant Group was given the go-ahead to start operations at its consumer finance company — Chongqing Ant Consumer Finance Co. — after being forced to restructure its business after its record-breaking dual public listing was halted last year by Chinese regulators. Get the...
J.P. Morgan Chase is seeking regulatory approval to obtain full ownership of its securities joint venture in mainland China. 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...
With Latin America a hot market for the expansion of digital payments, Mexico’s Prosa is looking for a buyer that will pony up more than $1 billion, Reuters reported. Sources said that the sales process is attracting interest from a number of large payments and...
In today’s top payments news around the world, digital insurance firm wefox raised $650 million in financing, while freight forwarder sennder landed an additional $80 million. Plus, open banking platform Belvo notched $43 million. Get the Full Story Complete the form to unlock this article...
With Latin American eCommerce growing by 8.4 percent between 2019 and 2020 to over $200 billion, it’s safe to assume the need for safe, fast digital payments is — and will be — experiencing comparable growth. Get the Full Story Complete the form to unlock...
