July 29, 2022
Nigeria’s Underbanked Gig Workers Flock to One-Stop-Shop Financial Platforms
It’s been over a decade since Uber first launched its ride-hailing app in San Francisco, and in the years since, the notion of the gig economy has come to define...
July 27, 2022
MENA Food Delivery Service Bucks Global Downward Trend as Europe...
The food delivery space has been having a rough time lately, particularly in Europe. Since the beginning of the year, U.K.’s Deliveroo and German online delivery service Delivery Hero have...
July 25, 2022
Beijing Fines Didi Over Data Laws
China has fined ride-hailing group Didi Chuxing Rmb8bn ($1.18bn) and hit its founders with additional penalties over “serious” and “vile” breaches of the country’s data security laws. The Cyberspace Administration...
July 25, 2022
Uber, Moove Team to Drive Expansion in India
Africa-based mobility FinTech Moove is partnering with rideshare and delivery platform Uber to drive expansion into India as part of Moove’s effort to grow its footprint around the globe, according...
July 20, 2022
Could Super App Users Spell the End of Germany’s Cash-Heavy...
It has frequently been observed that German consumers are an anomaly among their northern European neighbors due to their comparably high preference for cash. For example, a 2020 European Central...
July 19, 2022
Super Apps Have Potential to Unlock $3.2T in Annual Consumer...
Millions of consumers — and potentially hundreds of millions of them — are at the ready. They have their devices in hand, waiting for the right moment, eager to embrace...
July 19, 2022
Didi’s Fines Could Top $1B for Data Security Breaches in...
Ride-hailing and food delivery platform Didi could be hit with fines exceeding $1 billion following a probe by Chinese regulators that lasted over a year and forced the company to...
July 18, 2022
Galileo CEO: Embedded Finance Gives Rise to Better B2B ‘Brand...
Consumers’ expectations about payments are changing — so much so that it’s no longer the transaction they’re focused on. Instead, they are focused on the experiences tied to each and...
July 14, 2022
Vehicle Financing Firm Moove Raises $20M
South African mobility FinTech Moove has raised $20 million in financing from Absa Corporate and Investment Banking (CIB), the Johannesburg company announced Thursday (July 14). According to a news release,...