5 buy now, pay later services to make the most of in South Africa in 2024
The adoption of buy now, pay later (BNPL) services is on the rise in South Africa. Here are five such services to make the most of in 2024.
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Author: Mark Dowdall
Mbanq taps SMEApprove’s AI tech to enhance credit decisioning
UAE-based Mbanq will integrate SMEApprove’s AI technologies to boost the efficiency of its SME credit evaluations, as part of a new deal.
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Pizza Hut accepts TikTok trends as official payment method
Pizza Hut UAE is aiming to turn TikTok content into its very own currency as part of a new digital marketing campaign.
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Nium ramps up expansion plans in Latin America
Nium, a specialist in real-time cross-border payments is bolstering its presence in Latin America.
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Talabat unveils plans for interactive dark store
Talabat Egypt will introduce children to the world of e-commerce via a new mini dark store located in Kidzania
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Start-up investments in MENA surge by 260% to $355 million
Investment in start-ups across the Middle East and North Africa (MENA) surged in July with $355 million raised by 38 start-ups.
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Card payments in Singapore to grow by 14.3% in 2024, forecasts GlobalData
The Singapore card payments market is forecast to grow by 14.3% in 2024, supported by a constant consumer shift towards non-cash payments.
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Amazon, Barclays launch co-branded credit card
The Amazon Barclaycard is the only co-branded personal credit card that Amazon now offers in the UK.
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Telr partners with Mastercard to introduce Click to Pay in the UAE
By introducing the payment method, the firms are aiming enhance customer confidence and reduce cart abandonment leading to more frequent purchases.
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ClearBank secures Dutch banking licence
ClearBank has secured a Credit Institution Licence from the European Central Bank, marking its expansion into Europe.
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Ticombo teams up with Mangopay to enhance ticket-selling experience
Under the deal Ticombo will leverage Mangopay’s wallet-based payment infrastructure to launch a new payment service.
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Pine Labs launches India’s first UPI-focused payments platform
Setu, a Pine Labs company, in partnership with Axis Bank has launched UPISetu, a UPI-focused payments platform for businesses and developers.
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MultiPass secures licence to provide financial services in the UAE
MultiPass, a part of Dyninno Group, has obtained a financial services licence in the UAE, regulated by the Dubai Financial Services Authority (DFSA).
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Martech firm Userled raises £4 million to deliver AI-powered marketing campaigns
Userled is aiming to transform how B2B companies create, manage, and scale personalized marketing campaigns at scale
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Hugo Boss partners with One iota to launch Smart Fitting Room
Hugo Boss and One iota have launched the Smart Fitting Room using RFID technology
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Weekly news roundup Middle East & Europe – August 9th
Welcome to this week’s weekly news roundup, where we bring you a quick overview of the latest developments in finance, payments, retail, e-commerce and more across the Middle East and Europe regions.
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Visa introduces Future of Retail Roadmap for Saudi Arabia
Visa has unveiled its Future of Retail roadmap for Saudi Arabia, an initiative that aims to accelerate growth for retailers via existing and new digital enablement offerings.
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Amazon expands social media commerce with TikTok and Pinterest deals
Amazon.com Inc. has inked new deals with TikTok and Pinterest Inc., enabling users to purchase products from Amazon directly within these popular social media platforms.
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Egypt’s Cartona raises $8.1 million to expand B2B platform
Cartona is set to expand its B2B e-commerce platform across the MENA region following the successful completion of a Series A extension fundraise.
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Nexi research: Online spending in Europe grew 12% in 2023, reaching €435.3 billion
Consumer e-commerce spend grew by 12% in 2023 driven by strong growth in travel and service sectors, including entertainment streaming and event tickets.
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