African Reserves

Uber helps Moove grow in India

Today, in the connected economy, Africa-based mobility fintech Moove is partnering with Uber to help Moove grow in India. Plus, fintech credit card Cardless signs a deal with American Express, and Pinterest’s Jeremy King talks to PYMNTS’ Karen Webster about his company’s e-commerce plans.

Uber and the Moove team will accelerate their expansion in India

Africa-based mobility fintech Moove is working with ride-sharing and delivery platform Uber to help Moove expand in India. Moove aims to have 5,000 compressed natural gas (CNG) and electric vehicles on the streets of Mumbai, Hyderabad and Bangalore in the first year of the collaboration, with a target of more than 30,000 over the next five years.

Credit Card FinTech Cardless launches partnership with Amex

FinTech Cardless Credit Card has signed an agreement with American Express that allows many of America’s most popular brands to launch digital cards through the Cardless platform. This partnership comes with an investment from Amex Ventures, the strategic investment operation of American Express. Cardless will use its money from Amex Ventures and other investors to continue to expand its product offerings, such as exploring new opportunities, innovations and partnerships within the American Express network.

Pinterest’s Jeremy King on Seriously Converting Inspiration into Sales

When Pinterest CEO Ben Silbermann became executive chairman last month, bringing in Google’s Bill Ready as CEO, there was no doubt the company was deepening its reach in the world of e-commerce. The platform quickly rolled out a range of merchant features and tools designed to make Pinterest more shoppable without giving up its identity as a place of inspiration. But as Jeremy King, senior vice president and chief engineering officer, told Karen Webster of PYMNTS, Pinterest had already committed to creating a shopping catalog.

Gorillas Taps Nielsen to Drive ‘Better Decided’ Quick Grocery Delivery

On-demand grocery delivery startup Gorillas has signed a deal with NielsenIQ designed to combine the startup’s speed and efficiency with the power of big data. The collaboration will give manufacturers more detailed insights into their operations that will help them increase their speed and ability to understand their businesses.

Network International, Infobip Team on WhatsApp for Business Banking in Africa

Digital payment solutions provider Network International is bringing WhatsApp for Business banking services to financial institutions (FIs) across Africa, through a partnership with cloud communications company Infobip. Launched as a payments subsidiary of Emirates Bank in 1994, Network International has grown its presence in the Middle East and Africa, with offices in Nigeria, South Africa, Kenya, Ghana and Egypt, and a presence in almost all other African countries.

Cover Genius acquires Booking Protect to pilot integrated ticket protection

Provider InsurTech Cover Genius, which offers integrated insurance, has acquired integrated ticket protection for sellers’ platform Booking Protect for an undisclosed amount. With Booking Protect, Cover Genius extends its reach in the field of ticketing and live entertainment by offering integrated protection to ticket sellers, platforms and live event companies. Booking Protect’s more than 350 partners will have access to integrated ticket protection through Cover Genius’ XCover, a global distribution platform.

Buy now, pay later Options help fill gaps in dental care

With millions of Americans unable to afford regular dental care, providers of BNPL (buy now, pay later) have found a new opportunity to attract new users. This not only puts dental care within reach in a very tight economy, but also gives dental practices an additional source of revenue, allowing them to attract new patients who might not otherwise be able to pay for their services.



About: Results from PYMNTS’ new study, “The Super App Shift: How Consumers Want To Save, Shop And Spend In The Connected Economy,” a collaboration with PayPal, analyzed responses from 9,904 consumers in Australia, Germany, UK and USA. and showed strong demand for one super multi-functional app rather than using dozens of individual apps.