Global Markets news and trends

Airwallex to Acquire Mexico Payments Company MexPago
Acquisitions // October 19, 2023

Airwallex, a global payments and financial platform for businesses, has announced a deal to acquire MexPago, a Mexico-based payment service provider. This acquisition marks Airwallex’s entry into the Latin American market, unlocking opportunities for businesses in Mexico to operate globally and for international companies to establish...

B2B Platforms Need to Think Globally, Act Locally to Drive Business Growth
B2B Payments // July 10, 2023

As companies look to steer their business strategy to drive growth, Pierre Lion, chief growth officer at FinTech firm Mangopay, says thinking globally should be a priority right from the onset. “When you start building your project or your proof of concept, especially for a...

Taking China’s eCommerce Lessons On The Road
eCommerce // February 06, 2020

China has been the belle of the ball when it comes to the global potential of eCommerce — for both consumers and businesses — for the better part of the last decade. And while enthusiasm for expanding opportunities to access the Chinese market and its billion-plus...

Spanish Food Delivery Startup Glovo Shutters In Four Markets
International // January 22, 2020

Glovo, a Spanish food delivery startup, has exited several Middle Eastern countries in what it has said is a strategic move to help the company grow in a smarter way, according to reports on Tuesday (Jan. 21). The countries exited include Turkey, Egypt, Uruguay and...

Interviews & Exclusives
B2B Platforms Need to Think Globally, Act Locally to Drive Business Growth

July 10, 2023
As companies look to steer their business strategy to drive growth, Pierre Lion, chief growth officer at FinTech firm Mangopay, says thinking globally should be a priority right from the onset. “When you start building your project or your proof of concept, especially for a payment solution, you need to think beyond your local markets […]

Taking China’s eCommerce Lessons On The Road

February 06, 2020
China has been the belle of the ball when it comes to the global potential of eCommerce — for both consumers and businesses — for the better part of the...

Quick Reads
Report: Private Equity Firms Reconsider Potential Acquisition of Adevinta

October 22, 2023
Private equity firms Blackstone and Permira are reportedly reconsidering their potential acquisition of Oslo-based online classifieds company Adevinta. The potential deal, which would have been one of the year’s biggest buyouts, is being taken back to the investment committees of the firms for further discussion, Bloomberg reported Sunday (Oct. 22), citing unnamed sources. Blackstone and Permira declined to comment to PYMNTS. […]

Airwallex to Acquire Mexico Payments Company MexPago

October 19, 2023
Airwallex, a global payments and financial platform for businesses, has announced a deal to acquire MexPago, a Mexico-based payment service provider. This acquisition marks Airwallex’s entry into the Latin American market,...

Spanish Food Delivery Startup Glovo Shutters In Four Markets

January 22, 2020
Glovo, a Spanish food delivery startup, has exited several Middle Eastern countries in what it has said is a strategic move to help the company grow in a smarter way,...

Near-Record Low Rates Trigger Refi Wave Among US Homeowners

August 18, 2019
U.S. mortgage refinancing is on the uptick as fears about fluctuating global markets cause a drop in interest rates, the Financial Times reported Sunday (Aug. 18). As more people invested...