europe

Why Europe Must End Its 30-Year Digital Winter to Ensure Its Long-Run Future
Why Europe Must End Its 30-Year Digital Winter to Ensure Its Long-Run Future
April 18, 2024  |  Opinion

In the last 30 years, Europe — defined here as the EU plus the U.K., Norway and Switzerland — has created few leading digital businesses...

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MUFG Bank and Crédit Agricole Complete First ISO 20022-Aligned Payment on CHIPS
MUFG Bank and Crédit Agricole Complete First ISO 20022-Aligned Payment on CHIPS
April 17, 2024  |  Payment Methods

The first payment in the ISO 20022 message format on the CHIPS network was completed by Japanese financial institution MUFG Bank and European financial institution Crédit Agricole Corporate & Investment Bank, The...

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Bunq Raises $31 Million After Quadrupling User Deposits in 2023
Bunq Raises $31 Million After Quadrupling User Deposits in 2023
April 12, 2024  |  Fintech Investments

European neobank Bunq’s shareholders signed a commitment letter in March to provide 29 million euros (about $31 million) of capital to finance the company’s growth. The...

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Scayl Raises $108 Million for FinTech Lenders
Scayl Raises $108 Million for FinTech Lenders
April 03, 2024  |  Investments

Debt financing platform Scayl has raised $108 million to lend to other European FinTech lenders. Billing itself as a “Fintech for Fintech Lenders,” Scayl said it helps...

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Eight in 10 EU Mid-Market Firms Needed Working Capital Solutions in 2023
Eight in 10 EU Mid-Market Firms Needed Working Capital Solutions in 2023
March 28, 2024  |  Europe

European middle-market firms have the second-highest need for working capital solutions. That’s according to “The 2023-2024 Growth Corporates Working Capital Index: Europe Edition,” a PYMNTS...

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Payop Partners With Tink to Add Pay-by-Bank in Europe
Payop Partners With Tink to Add Pay-by-Bank in Europe
March 27, 2024  |  Partnerships

Payop and Tink partnered to promote the adoption of pay-by-bank as a payment method across Europe. Payop added Tink’s pay-by-bank offering to the eCommerce checkout options it offers...

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Micropayment, Tink Partner on Pay-by-Bank in Europe
Micropayment, Tink Partner on Pay-by-Bank in Europe
March 20, 2024  |  Payment Methods

Berlin-based payment processor Micropayment is partnering with Tink, a payment services and data enrichment platform, to enable Europe-based merchants to offer pay-by-bank at checkout. Micropayments works with merchants...

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Apple Insists It Complies With EU’s Digital Markets Act
Apple Insists It Complies With EU’s Digital Markets Act
March 18, 2024  |  Apple

Apple is defending its practices under Europe’s newly adopted Digital Markets Act (DMA). At a hearing Monday (March 18), the tech giant said that it has followed...

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Jasper Acquires Clipdrop to Enhance AI Copilot for Marketing Teams
Jasper Acquires Clipdrop to Enhance AI Copilot for Marketing Teams
February 22, 2024  |  Artificial Intelligence

Jasper, a generative artificial intelligence app company, acquired Clipdrop, an AI image creation and editing platform, from Stability AI. The move not only strengthens Jasper’s...

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