Brookfield beefs up payments business with $2.76 billion Network International buyout

[ad_1] Offer of 400p a share is premium of 64% to prior offer period London-listed shares of Network Int’l climb up to 6% Network directors aim to tell shareholders to…

Commonwealth Bank of Australia removes international money transfer fee

[ad_1] June 6 (Reuters) – Commonwealth Bank of Australia (CBA.AX), the country’s biggest lender, said on Tuesday it was removing transaction fees for its domestic retail and business banking customers…

OFFICIAL African fintech firm Flutterwave eyes U.S. listing after raising $170 mln

[ad_1] LAGOS, March 10 (Reuters) – Africa-focused payments company Flutterwave could consider a New York listing, its chief executive said after it raised $170 million from investors to expand its…

India’s Paytm focused on reaching financial milestone ‘in near future,’ CEO says

[ad_1] NEW DELHI, May 7 (Reuters) – Indian digital payments firm Paytm (PAYT.NS) aims to become “free cashflow positive in the near future,” chief executive Vijay Shekhar Sharma said in…

India’s Paytm Q4 revenue up 52%, posts operating profit for second straight quarter

[ad_1] BENGALURU, May 5 (Reuters) – Indian digital payments firm Paytm reported a 51.5% rise in fourth-quarter revenue on Friday, aided by a surge in loan growth, and posted an…

JV with Credit Agricole will be a ‘differentiating factor’, Worldline CEO says

[ad_1] April 26 (Reuters) – Worldline’s (WLN.PA) first-quarter revenue beat estimates from a company-compiled consensus on Wednesday, with its merchant services business contributing the most to the French payment services…

How Sweden became the Silicon Valley of Europe

[ad_1] STOCKHOLM, Aug 11 (Reuters) – As Klarna’s billionaire founder Sebastian Siemiatkowski prepares to stage one of the biggest-ever European fintech company listings, a feast of capitalism, he credits an…

France’s Sodexo to spin off its voucher business

[ad_1] April 5(Reuters) – French catering and food services group Sodexo (EXHO.PA) plans to spin off and list its voucher business during 2024, it said on Wednesday, sending its shares…

Australia’s Zip Co to divest businesses in Europe, South Africa

[ad_1] March 30 (Reuters) – Australian buy-now-pay-later (BNPL) firm Zip Co Ltd (ZIP.AX) said on Thursday it will divest its businesses in Central and Eastern Europe and South Africa, and…

Hindenburg takes aim at Dorsey’s payments firm Block, shares plunge

[ad_1] March 23 (Reuters) – Hindenburg Research on Thursday disclosed short positions in Block Inc (SQ.N) and alleged that the payments firm led by Twitter co-founder Jack Dorsey overstated its…