Cemea news and trends

95% of CEMEA Growth Corporates Plan to Access Working Capital This Year
Loans // May 08, 2024

Just 58% of growth corporates in Central Europe, the Middle East and Africa (CEMEA) had been using working capital solutions, but that percentage is slated to grow to 95% in the coming months. This is one key finding included in PYMNTS Intelligence’s “CEMEA Edition” of...

Working Capital Index Finds Central Europe and EMEA Ripe for Growth
VISA // April 24, 2024

Working capital enables companies to avoid disturbances in operations in the short term and power growth in the long term. In the Central Europe, Middle East and Africa (CEMEA) region, 58% of Growth Corporates used working capital solutions last year. The region’s low usage rate...

ABHI Partners With Visa and YellowPepper on A2A Payments
Payment Methods // September 28, 2023

Visa has announced a partnership with ABHI and YellowPepper to introduce account-to-account (A2A) payments in the United Arab Emirates (UAE). This collaboration will drive innovation, promote financial inclusion and accelerate the adoption of new payment solutions in the Central and Eastern Europe, Middle East and Africa (CEMEA) region,...

PayMate Expands to Chase $68 Trillion B2B Payment Market
B2B Payments // June 11, 2023

PayMate is expanding to chase what it says is a $68 trillion B2B payments market. The business-to-business (B2B) payments and services provider — which already has operations in India and the United Arab Emirates — announced Friday (June 9) that it had extended its footprint to...

Interviews & Exclusives
What Bankers Need to Know About CFOs and Working Capital Preferences in the Middle East

December 10, 2024
“Never take your eyes off the cash flow because it’s the lifeblood of business,” British businessman Richard Branson has been quoted as stating. And the sentiment rings true no matter the business, and no matter the vertical in which it operates.  That’s especially true for Growth Corporates, defined as companies with $50 million to $1 […]

Quick Reads
ABHI Partners With Visa and YellowPepper on A2A Payments

September 28, 2023
Visa has announced a partnership with ABHI and YellowPepper to introduce account-to-account (A2A) payments in the United Arab Emirates (UAE). This collaboration will drive innovation, promote financial inclusion and accelerate the adoption of new payment solutions in the Central and Eastern Europe, Middle East and Africa (CEMEA) region, the companies said in a Wednesday (Sept. 27) press release. The […]

PayMate Expands to Chase $68 Trillion B2B Payment Market

June 11, 2023
PayMate is expanding to chase what it says is a $68 trillion B2B payments market. The business-to-business (B2B) payments and services provider — which already has operations in India and the...

PayMate Integrates Utility Payments Using Credit Cards

July 22, 2022
Business-to-business (B2B) payments and services provider PayMate India Limited is launching a new solution on its platform that integrates utility bill payments using Visa and other commercial credit cards enabling...

Visa Among Investors In PayMate’s Series D Growth Funding

July 22, 2019
India’s PayMate announced it has raised a new round of growth capital to accelerate expansion within India and internationally to Central and Eastern Europe, the Middle East and Africa (CEMEA)....