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PayPal hires fintech expert as global competition heats up
PayPal’s financial performance has shined amid the economic crisis, yet it still faces considerable challenges as international merchant acquirers aggressively up their game. ...
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CloudPay, NYC and London, UK-based global payroll provider, raised $35m in growth capital.
CloudPay, NYC and London, UK-based global payroll provider, raised $35m in growth capital. New investor Runway Growth Capital joined existing investors Rho Ventures ...
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Amazon inks cloud deal with Airtel in India
Amazon  has found a new partner to expand the reach of its cloud services business — AWS  — in India, the world’s second largest internet market. ...
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MTN Group reports revenue growth of 9% in first half results – announces Middle East exit plans
MTN Group today reported encouraging results for the first half of 2020, navigating well through the economic crisis brought on by COVID-19. MTN ...
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Access Bank acquires Zambian Cavmont Bank Ltd
Access Bank Zambia, a subsidiary of Nigeria’s Access Bank Plc, has reached a ‘definitive agreement’ with Cavmont Capital Holdings Zambia Plc (CCHZ) to ...
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Singapore Fintech Festival to Run as a Hybrid Digital
The Monetary Authority of Singapore (MAS) and Enterprise Singapore announced that the Singapore FinTech Festival (SFF) x Singapore Week of Innovation & TeCHnology ...
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Zoom to stop direct sales in China
US video-conferencing company decides to minimize ties with Chinese market Zoom Video Communications (Zoom) has announced it will stop selling its products directly ...
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Mastercard’s and Microsoft – How Partnership Will Boost Digital Commerce Globally
Payments and commerce players are used to rapidly changing landscapes. One of the defining characteristics of the past decade or so has been ...
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Plentywaka raises $300,000, seeks partners as it launches operations in Abuja
Fast-growing transport/delivery startup, Plentywaka, has raised $300,000 pre-seed investment to facilitate its expansion plans. According to a statement by the company, the funding ...
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StanChart to boost presence in Singapore as first ‘significantly rooted foreign bank’
A RECENT free trade agreement between the European Union and Singapore has paved the way for Standard Chartered Bank Singapore (StanChart Singapore) to ...