The acquisition of GoMoney Sociedade Prestadora de Serviços de Ativos Virtuais Ltda. converts Yellow Card’s Brazilian presence from a purely cross-border proposition into a locally regulated operation.
A Chinese regulatory inquiry halted the Nigerian fintech's $304m New York listing hours after pricing. The rules behind it, and the ownership structure it landed on, both emerge from the filings.
The acquisition of GoMoney Sociedade Prestadora de Serviços de Ativos Virtuais Ltda. converts Yellow Card’s Brazilian presence from a purely cross-border proposition into a locally regulated operation.
A Chinese regulatory inquiry halted the Nigerian fintech's $304m New York listing hours after pricing. The rules behind it, and the ownership structure it landed on, both emerge from the filings.
Egypt's central bank has written a rulebook for banking agents. It lets banks send identity verification, account applications and card deliveries to places they have no branches. On a close reading, it allows little else.
