Companies including Amazon, Walmart and Mastercard are hopping on the BNPL bandwagon. Here''s what consumers should know.

Airtel Raises $125m In Minority Investments

04:44am, Wednesday, 17'th Nov 2021 Inside Business Nigeria
Airtel Africa Plc has raised an additional $125 million from its investors through the sale of shares in its mobile money venture Airtel Mobile Commerce (AMC) BV. Also, it has completed the second phase of its money minority investment transaction with TPGs The Rise Fund, Mastercard and the Qatar Investment Authority (QIA). The company [] The post Airtel Raises $125m In Minority Investments appeared first on InsideBusiness - Business News in Nigeria .
There is a lot of competition going on and that has always been the case in these industries and is now pronounced because the pandemic put a lot of pressure on the system, said Mastercard CEO Michael Miebach
In todays top Europe, Middle East and Africa (EMEA) news, U.K. online car retailer Cazoo acquires motor vehicle subscription platform Swipcar for $40 million; Mastercards Aiia powers a new platform in Denmark; JumiaPay app transactions reach 36% of total orders in the third quarter; NewDay launches a buy now, pay later (BNPL) credit account for []
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Western Union & Mastercard: Expand Global Partnership

11:30pm, Tuesday, 16'th Nov 2021 FinTech InShorts
Western Union & Mastercard: Expand Global Partnership Western Union is a global leader in cross-border, cross-currency money movement and payments Mastercard is a global technology company in the payments industry. Our mission is to connect and power an inclusive The deepened partnership expands Mastercard Send integration into global money movement network Also Mastercards Cross-Border Services []
Convenience is the order of the day, especially after the onset of the pandemic, and it continues to be the key driver behind consumer action, simplifying peoples everyday lives with opportunities to do more with their finances. In Denmark, todays (Nov. 16) launch of mit.dk, a new platform that is set to bring open banking-powered []
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PSB Licence: Airtel Records $500m Investment from Mastercard, Others

06:08pm, Tuesday, 16'th Nov 2021 The Will Nigeria
November 16, (THEWILL) Airtel Africa Plc has said that three major investors, Qatar Investment Authority (QIA), TPG, a U.S. private equity firm, and Mastercard have increased their investments in Airtel Money to $500million following the approval-in-principle granted it recently by the Central Bank of Nigeria (CBN) to operate a Payment Service Bank. Airtel made [] The post PSB Licence: Airtel Records $500m Investment from Mastercard, Others appeared first on THEWILL NEWS MEDIA .
Airtel Africa Plc has announced the completion of the second phase of its money minority investment transaction with TPGs The Rise Fund, Mastercard and the Qatar Investment Authority (QIA). In the second closing of the deal, Airtel Africa raised additional $125 million from the aforementioned investors through the sale of shares in its mobile money []
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Mastercard, TPG, QIA Increase Investments in Airtel Money to $500m

10:50am, Tuesday, 16'th Nov 2021 BusinessPost Nigeria
By Aduragbemi Omiyale The trio of Mastercard, TPG and QIA has increased their investments in Airtel Money to $500 million, Airtel Africa Plc, the parent company of the business, has confirmed. The three firms in their second tranche of investments pumped $125 million into the business, a notice filed to the Nigerian Exchange (NGX) Limited []

SampathCards Recognized by Daraz for Highest Revenue Contribution

09:08am, Tuesday, 16'th Nov 2021 Ada Derana Biz
SampathCards was conferred with the Best Revenue Generating Overall Card Base award by Daraz at the recently concluded Daraz Payment Partner Performance Awards 2021. The award recognizes the exceptional value delivered to Daraz by SampathCards, by generating the highest total payment volume by both credit and debit card bases for Daraz during the financial year 2020 21. Backed by global e-commerce giant, the Alibaba Group, Daraz has effectively brought together consumers, merchants, and other stakeholders to grow into Sri Lankas largest online marketplace. Adding to the appeal of the wide range of products and irresistible deals available on Daraz, SampathCards has been offering added discounts, 0% interest extended settlement plans and other benefits to purchases made on www.daraz.lk and the Daraz mobile app to its credit and debit cardholders all through the year. Deals and discounts like this have been instrumental in helping SampathCards deliver outstanding results for partners like Daraz.

MasterCard negotiating with Azerbaijani SMEs to expand co-op

09:04am, Tuesday, 16'th Nov 2021 Trend News Agency (English)

Risk Management Veteran Joins Payments Firm Aleta Planet

06:47am, Tuesday, 16'th Nov 2021 Finews Asia
The firm is bolstering its fraud and risk management capabilities, citing heightened fraud, money laundering and terrorist financing activities amidst the Covid-19 pandemic. Singapore-headquartered Aleta Planet has hired Daniel Ang as head of risk management with effect from Monday, according to a statement by the fintech startup. Ang has over 30 years of experience in fraud risk management, including developing fraud detection systems, handling investigations into alleged corporate wrongdoings, and writing global policies covering fraud detection, prevention and response. He began his career at the Singapore Police Force''s Criminal Investigation Department and has worked in Singapore and Indonesia for companies like Citibank, Bank Mandiri and Quatrro Risk Management Consulting Services. Reporting to Goi Wang Firn , head of group operations, Ang will develop groupwide risk management policies and procedures, fraud risk strategies and rules, manage fraud reporting, oversee the risk team and train risk mangers, the announcement said.
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