Finance
Visa Wins Approval to Enter China’s Card Market as Global Payments Competition Intensifies
BEIJING, China, Global payments company Visa has received approval from China’s central bank to establish card clearing operations in the country, marking a major ...
Finance
India’s UPI Merchant Fee Changes Put Digital Payments’ Business Model to the Test
MUMBAI, Maharashtra — India is preparing for a significant shift in its digital payments landscape as a new merchant fee structure for certain ...
Finance
Airtel Money’s $7 Billion London IPO Faces a Reality Check as Shares Slip Below Offer Price
LONDON, United Kingdom — Airtel Money, the mobile financial services business of Airtel Africa, began trading on the London Stock Exchange in October with ...
Finance
Revolut Targets Broader Technology Expansion as AI and Banking Services Converge
LONDON, United Kingdom, Revolut is positioning itself for a broader role in the technology industry, with Chief Executive Nik Storonsky outlining ambitions to expand ...
Finance
TrueLayer Secures $27 Million Investment to Expand Account to Account Payments Across Europe
LONDON, United Kingdom, Open banking company TrueLayer has secured $27 million in investment led by Italy’s CDP Venture Capital, strengthening its plans to expand ...
Finance
GCash Parent Mynt Raises $845 Million in Philippines IPO to Expand Digital Financial Services
MANILA, Philippines, Mynt, the parent company of Philippine mobile wallet GCash, has priced its initial public offering at 6.60 pesos per share, targeting approximately ...
Finance
India Weighs Delay to UPI Fee Rollout as Payment Firms Prepare for Major Shift
NEW DELHI, India, India is considering delaying the introduction of a new fee on large Unified Payments Interface transactions, potentially giving digital payment companies ...
Finance
India’s UPI Payment Firms Negotiate for Larger Share of New Merchant Fees
NEW DELHI, India — India’s payment aggregators are negotiating with sponsor banks for a larger share of the acquiring bank’s revenue from a ...
Finance
Egypt Fintech MNT-Halan Plans $1 Billion IPO as Digital Lending Expands
CAIRO, Egypt — Egyptian fintech company MNT-Halan is preparing to list 20% of its shares on the Egyptian stock exchange, potentially making the ...
Finance
Kuwait Launches Centralised Wage Payment System to Modernise Salary Transfers
KUWAIT CITY, Kuwait — The Central Bank of Kuwait (CBK) has launched the Kuwait Wage Payment System (KWPS), a new digital infrastructure project ...


















