Today in Europe, the Middle East and Africa, the Dutch technology firm Prosus announced that it has cancelled a planned takeover that would have seen its FinTech arm PayU merge with the Indian payment firm BillDesk. In Italy, a court has overruled a $169 million...
Today in Europe, the Middle East and Africa, H&M announced that it will trial charging a fee when customers return items they’ve purchased online and Klarna has teamed with CellPay to offer buy now, pay later (BNPL) on cell phone minutes. Capchase, Xero Streamline UK...
While investment apps have done much to democratize the process of buying and selling securities, they typically operate in silos and only give access to exchanges within a single country. Even internationally focused platforms like eToro only give access to the most well-known exchanges and...
In today’s Europe, the Middle East and Africa (EMEA) news, Worldline announced that it is set to acquire a stake in Online Payment Platform and London-based Liberis raised $154M to expand its small business funding platform. Worldline Acquires 40% Stake in Dutch PSP Online Payment...
Today in Europe, the Middle East and Africa (EMEA), central banks in Sweden, Norway and Israel have teamed up to test central bank digital currency (CBDC) interoperability, and Satispay becomes the latest Italian unicorn. Sweden, Norway and Israel Central Banks Test Cross-Border CBDC Payments The...
Today in Europe, the Middle East and Africa, the Dutch FinTech Mollie has launched Mollie Capital, which will offer loans of up to 250,000 euros ($240,500) to eligible SMB customers. Meanwhile, shares in the Italian payment provider Nexi rose as the firm projected above-expedited growth...
In today’s news from Europe, the Middle East and Africa (EMEA), Stripe announced that will be providing payment solutions for Irish Life’s investment app and the United Arab Emirates (UAE)-based Fintech Galaxy revealed new senior leadership hires. Plus, Estée Lauder Companies and French luxury fashion...
Today in Europe, the Middle East and Africa, Adyen has launched its own line of POS terminals and the U.K. prepares to phase out paper bills at the end of the month. Adyen Launches 2 POS Terminals The Amsterdam-based global payments company Adyen Friday (Sept....
Today in Europe, Africa, and the Middle East (EMEA), the pan-African payment firm Flutterwave announced that merchants using its business platform will now be able to accept payments via Google Pay. In the U.K., Liverpool Football Club is expanding its partnership with NFT fantasy sports...