emea

emea
EMEA Daily: Bank of London to Add Cloud Banking; DIFC Taps Tarabut Gateway for MENA’s...
June 28, 2022

In today’s top stories from Europe, the Middle East and Africa, the Bank of London will integrate cloud banking, Wise reports increased revenues and Walgreens will not sell its U.K.-based Boots unit. Get the Full Story Complete the form to unlock this article and enjoy...

emea
EMEA Daily: Credit Suisse Convicted in Switzerland; Kroo Granted New License
June 27, 2022

In today’s EMEA news, digital bank Kroo has been granted a full banking license from the Bank of England, Credit Suisse Group AG was convicted in Switzerland’s federal criminal court and more. Get the Full Story Complete the form to unlock this article and enjoy...

emea
Nigerian Payment App Abeg Rebrands Into Pocket by Piggyvest
June 27, 2022

Nigerian payment app and social commerce platform Abeg on Monday (July 27) rebranded itself as Pocket by Piggyvest. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to...

emea
Socar Aims for $1.2B Valuation in Kospi IPO
June 27, 2022

South Korea’s car-sharing platform Socar is aiming for a $1.2 billion valuation in an August initial public offering (IPO) on the Korea Composite Stock Price Index (KOSPI), where 4.55 million initial shares will be priced at 34,000-45,000 won, according to media reports on Monday (June...

emea
EMEA Daily: VC Firm Presto Ventures has New Fund; Gorillas Exits Belgium
June 24, 2022

In today’s news, venture capital fund Presto Ventures has a new fund to help B2B startups, while delivery firm Gorillas is closing warehouses and planning to exit Belgium. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

emea
Gorillas Leaves Belgium, Hands Off Some Business to Efarmz
June 24, 2022

On-demand grocery delivery startup Gorillas is closing its warehouses in Belgium and handing off some of its business for undisclosed terms to Belgium organic and seasonal products delivery firm Efarmz, Reuters reported on Friday (June 24).  Get the Full Story Complete the form to unlock...

emea
Weekly TechReg EMEA: Google, TikTok Move to Appease Regulators
June 24, 2022

This week, the U.K. government and some regulatory agencies in the country announced changes to regulate the buy now, pay later (BNPL) sector and to review Visa and Mastercard’s cross-border interchange fees. Get the Full Story Complete the form to unlock this article and enjoy...

emea
EMEA Daily: Raisin Bank Expands Into Payments Space With Bankhaus August Lenz Acquisition
June 23, 2022

In today’s top stories from Europe, the Middle East and Africa, robotics company BotsAndUs gets funding, retail sales stall in the U.K. and Raisin Bank AG is acquiring the payment services division of Bankhaus August Lenz & Co. Get the Full Story Complete the form...

emea
Lackluster Rollout of SEPA Instant Stymies EU Payment System Success, Says Wise Product Chief
June 23, 2022

In the context of European banking, customers increasingly expect real-time transactions, transparent exchange rates and reasonable transfer fees. In practice, however, the way banks operate doesn’t always align with customer demand. Get the Full Story Complete the form to unlock this article and enjoy unlimited...