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Today In Payments Around The World: Porsche Provides Parking Payment Option In Australia; Toronto Experiences Warehouse Shortage

In today’s top payments news around the world, Porsche drivers in Australia have new choices when it comes to parking in Melbourne, while the vacancy rate of warehouse space in Toronto has dropped to just 0.5 percent. Plus, Meridian and Accord Financial Corp. have collaborated on financing for Canadian small- to medium-sized businesses (SMBs). Porsche Debuts In-Car Parking, Pay Option In Australia Those who drive Porsches in...

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South Africa’s MTN Group First-Quarter Revenue Up 18 Pct

Mobile operator MTN Group, headquartered in Johannesburg, Africa, reported first-quarter 2021 results that moved past medium-term guidance, driven in part by an uptick in data and FinTech revenue. MTN Group delivers voice, data, mobile financial services and digital products across 21 countries in Africa and the Middle East. The company posted roughly an 18 percent jump in first-quarter revenue, led by double-digit growth in commercial...

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Today In Payments Around The World: dLocal Reportedly Files For IPO; Oura Lands $100 Million Investment

In today’s top payments news around the world, dLocal has reportedly confidentially filed for an initial public offering (IPO) in the United States, while Oura has unveiled a $100 million Series C. Plus, Acuant has closed on its purchase of Hello Soda. Uruguay’s Payments Startup dLocal Files For IPO, Report Says Uruguay-based payments upstart dLocal has reportedly confidentially filed for an IPO in the United States. The firm is...

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Singapore’s SCI Ecommerce Notches $38 Million Amid IPO Plans

SCI Ecommerce, headquartered in Singapore, raised $37 million as part of a growth funding round led by Asia Partners. The new capital comes as the startup said it’s moving toward an initial public offering (IPO) before the year is out. The Southeast Asian FinTech and eCommerce solution provider said it will offer cross-border merchants the eCommerce tools they need as it plans expansion across Southeast Asia ahead of a possible...