Philippine mobile wallet GCash raises over $175 million in new capital

Philippine mobile wallet GCash raises over $175 million in new capital

Datafloq     •     January 12, 2021, 12:01 am

MANILA (Reuters) - Philippine mobile wallet GCash has raised more than $175 million in capital from New York-based private equity fund Bow Wave Capital Management, the financial technology arm of…

Pakistan government announces new instant digital payment system

Datafloq     •     January 12, 2021, 12:01 am

By Umar Farooq ISLAMABAD (Reuters) - Pakistan has announced a new government-run instant digital payment system in a bid to boost financial inclusion and government revenue in the…

Parler sues Amazon over Web shutdown, alleges political animus

Datafloq     •     January 12, 2021, 12:01 am

By Jonathan Stempel (Reuters) - Parler LLC, a social media platform favored by many supporters of U.S. President Donald Trump, sued Amazon.com Inc on Monday, accusing it of making…

US fund joins bidding war for Signature Aviation

Money | Mail Online     •     January 11, 2021, 10:04 pm

Global Infrastructure Partners is offering 405p per share in cash for the private jets provider, eclipsing the 380p per share or £3.2billion offered by a consortium of Gates and Blackstone last week.

MARKET REPORT: JD Sports sees sales boom

Money | Mail Online     •     January 11, 2021, 10:01 pm

Even though many of its bricks-and-mortar stores around the world were closed, the chain said revenues were up 5 per cent in the 22 weeks to January 2 as customers flocked to its online shop.