Globe talks-up fintech moves
Martha Sazon, president and CEO at Mynt (pictured), operator of Globe Telecom’s GCash payment app, asserted a move by the operator to broaden the scope of the fintech unit’s services had boosted financial inclusion in the Philippines.
Telenor seals Wave Money stake sale
Telenor Group finalised an agreement to sell its majority interest in mobile payments joint venture Wave Money for $53 million to a subsidiary of conglomerate Yoma Strategic, as the Norway-based operator progresses plans to exit Myanmar.
Dutch regulator probes NFC payment services
The Netherlands Authority for Consumers and Markets (ACM) launched an investigation into competition in smartphone-based contactless payments, examining whether limitations on access to NFC functionality on some devices violates domestic laws.
PhonePe raises $700M in Flipkart split
Online retailer Flipkart Group spun off part of its digital payment arm PhonePe, clearing the unit to raise $700 million to fund fresh developments from a group of existing investors led by US retail giant Walmart.
Be the first to know.
Subscribe to our newsletter today.
You'll gain exclusive access to breaking news, expert analysis, and in-depth features delivered right to your inbox.