Facebook picks London to drive WhatsApp mobile payments globally


  • TECH
  • Wednesday, 08 May 2019

Mark Zuckerberg, chief executive officer and founder of Facebook Inc., speaks during the F8 Developers Conference in San Jose, California, U.S., on Tuesday, April 30, 2019. Facebook Inc. unveiled a redesign that focuses on the Groups feature of its main social network, doubling down on a successful but controversial part of its namesake app — and another sign that Facebook is moving toward more private, intimate communication. Photographer: David Paul Morris/Bloomberg

Facebook Inc intends to drive a global expansion of mobile payments on WhatsApp from London, accelerating its efforts to make money off the popular messaging service. 

The world’s largest social media company picked the UK as the centre of that push because it routinely attracts talent from markets where WhatsApp is popular, such as India, a spokesman for Menlo Park, California-based Facebook said. WhatsApp dispatched engineers to Britain late last year as part of a drive to recruit about 100 people in London and Dublin to support its payments initiative, the spokesman said, confirming an earlier Financial Times report. 

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