FTSE 100 gains as furlough scheme extended Large cap London-listed stocks enjoyed a positive day yesterday, with the UK market closing before the US sell-off began. Helping sentiment was the news that the Treasury’s furlough scheme, which is currently funding millions of workers to stay at home, is being extended to October. The Bank of…
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Payments services and technologies provider SafeCharge International Group Ltd (LON:SCH) has announced the opening of its new office in China less than four years after launching in the country. SafeCharge's office is located in Shenzhen’s PingAn International Finance Center. The company already has offices in Singapore and Hong Kong. SafeCharge is a member of UnionPay…
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Chinese internet giant Tencent launched its WeChat Pay payments service in Europe on Monday, challenging rival Alipay, which is owned by rival Alibaba's affiliate Ant Financial. Tencent has partnered with German payments firm Wirecard to allow European retailers to accept WeChat pay as a payment option. As CNBC reports, the move is specifically aimed at…
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Airwallex, an ASIC regulated international payments company has raised USD $13 million in a Series A funding round to fuel international expansion and enable more businesses to make faster, easier and cheaper payments worldwide. Chinese internet giant Tencent Holdings, one of the earliest Chinese investment institutions Sequoia Capital China, and Mastercard all participated in the…
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