Ride-hailing app Grab now offers micro-loans and other financial services

Ride-hailing app Grab now offers micro-loans and other financial services

South East Asian ride-hailing firm Grab has moved deeper into financial services with the launch of a dedicated unit and the introduction of micro-loans and insurance products. Grab Financial will encompass all of Grab’s fintech offerings, including payments services, rewards and loyalty services, agent network services and now also financial services. Grab has been progressively […]

Chinese Mobile Payment Service Alipay to Launch in the US

Chinese Mobile Payment Service Alipay to Launch in the US

Alibaba’s third-party online payment platform Alipay has expanded to the US through an agreement with First Data, a payment technology solutions company. The agreement means customers using Alipay will be able to use the mobile payment service at around 4m US businesses. The implementation of Alipay will begin with First Data’s clients that use its […]