In today’s top Europe, Middle East and Africa news, count China out of joining the West’s sanctions against Russia for its war on Ukraine, and the U.K.’s advertising regulator has pulled an ad by crypto company Floki Inu for an alleged breach of advertising standards....
The number of buy now, pay later (BNPL) firms that have emerged over the past few years, especially in the wake of the pandemic, has exploded, highlighting rapid growth in the BNPL market worldwide. In the Middle East and North Africa (MENA) region, four major...
The global trade finance gap now stands at an estimated $1.5 trillion, the Asian Development Bank has calculated, but banks and FinTechs have risen to the occasion. Collaborators and innovators have accelerated their development of innovative ways to digitize trade finance workflows, overcome inefficiencies and...
June 12, 2023
Payments infrastructure provider NymCard has acquired buy now, pay later firm Spotii. The purchase, announced Monday (June 12), lets Dubai-based NymCard offer its financial services clients a buy now, pay later (BNPL) tool customized for local markets in the Middle East/North Africa (MENA) region, the company said in a news release. “Spotii significantly expands the range of BaaS products and […]
