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MercadoLibre: The ‘Amazon Of Latin America’ Spreads Its Wings

PYMNTS

Imagine if a North American company had the market share of Amazon, the payment flexibility of PayPal and the credit portfolio of Visa. In Latin America, such a company exists in the form of MercadoLibre , a triple-threat regional financial powerhouse based in Argentina. Therein lies the value proposition for Mercado Pago. ”

America 248
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KKR To Acquire German Digital Payments Firm Heidelpay

PYMNTS

Founded in 2003, Heidelpay enables its clients to accept online and mobile payments and is used by more than 30,000 merchants, including companies such as L’Oréal. A person familiar with KKR’s strategy said the buyout group hoped to expand by adding customers in Germany.

Payments 136
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Mastercard Selects New President For European Operations

PYMNTS

He joined Mastercard in 2003 and headed the company’s European and global consulting divisions. . Javier has driven deep partnerships with local, regional and global customers, opened up new markets, and navigated and maximized new regulation and legislation,” said Caldart. “He

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EU Wants US Tech Giants To Pay Revenue Tax

PYMNTS

They would like the EU to develop a region-wide plan to implement their proposal, and plan to present it to all 28 EU finance ministers at a meeting next week. billion in back taxes plus interest for “undue tax benefits” obtained from the Irish government from 2003 to 2014. tech giants in their countries.

Taxes 115
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ID Experts Light Up Portland

PYMNTS

Early in August, The Oregonian reported that a private equity firm had paid more than $50 million to acquire Tigard-based ID Experts, a cybersecurity firm founded in 2003. The capital Radar raised will be spent on technology, sales and marketing. A lot has been happening for a firm called ID Experts. Investments for 8.19.2016.

Portland 100
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What Does A Booming Economy Look Like?

Banking 2020

We saw 5% annualized growth in the third quarter of 2014, the best news of its kind since 2003 — and there’s plenty more. And as the best kind of punctuation mark, the stock market passed 18,000 for the first time, and the S&P 500 hit a record high too. Insights boom business economy market'

Course 66
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Why The Coronavirus May Dwarf SARS’ $40B Economic Toll

PYMNTS

If past is prologue, and history never really repeats itself, but rhymes, there may be some parallels with the SARS outbreak that marked the beginning of the millennium, in 2002 and 2003, and was a viral infection that was also identified as a coronavirus. percent from 2003 to 2004, via World Bank figures. percent to 4.4

Regional 165