Rappi, a Latin American delivery app backed by SoftBank, is partnering with FinTech R2 to provide loans to restaurants in Mexico and Colombia. Restaurants selling via the app for at least three months will be eligible for these loans, which will be repaid through their sales on...
Ride-hailing drivers in Mexico are potentially getting access to social security benefits if they drive for either Uber, DiDi Global or Rappi, a first for gig economy workers in the country. In a joint release received by PYMNTS, the proposed social security benefits would cover...
Crypto trading volumes at big Indian exchanges have gone way down since April 1 when a new crypto profit tax went into effect, CoinDesk reported Monday (April 11). India now has a 30% tax on profits from profits on crypto transactions, and it doesn’t allow...
Today in the connected economy, Instacart tries to boost revenues by offering ad solutions to the brands using its service, while Citi and ExxonMobil expand their credit card relationship. Also, Latin American super app Rappi expands its relationship with dLocal, and Block’s purchase of Afterpay...
April 11, 2024
Delivery service Rappi is getting ready for a future initial public offering (IPO). The company, which is one of Latin America’s most valuable startups, does not have a timeline for an IPO but aims to be ready for one “when it makes sense,” Rappi Chief Financial Officer Tiago Azevedo told Bloomberg in an interview posted Thursday (April 11). Azevedo is Rappi’s […]
July 27, 2023
Rappi, a Latin American delivery app backed by SoftBank, is partnering with FinTech R2 to provide loans to restaurants in Mexico and Colombia. Restaurants selling via the app for at least three...
November 23, 2022
Ride-hailing drivers in Mexico are potentially getting access to social security benefits if they drive for either Uber, DiDi Global or Rappi, a first for gig economy workers in the...
April 11, 2022
Crypto trading volumes at big Indian exchanges have gone way down since April 1 when a new crypto profit tax went into effect, CoinDesk reported Monday (April 11). India now...