In today’s top Europe, Middle East and Africa news, U.K. digital bank Monzo has snagged $500 million at a $4.5 billion valuation, and Amazon plans its appeal against a $1.3 billion Italy antitrust case. Plus, Danish unicorn Pleo targets EU expansion after nearly tripling valuation,...
Business services startup Pleo, which offers expense management tools and smart company cards for small to medium-sized businesses (SMBs), has secured $200 million in a Series C round at a $4.7 billion valuation, nearly triple its previous value. Get the Full Story Complete the form...
More than a decade ago, when cosmetics company 100% Pure was starting to sell internationally, it ran a separate website for each country, which “was a lot of overhead,” according to founder and CEO Ric Kostick. Get the Full Story Complete the form to unlock...
More and more machines and innovative software are being used to digitize labor-intensive farming practices and optimize food production, boosting growth in agricultural technology (AgTech). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
As part of China’s continuing big tech crackdown, regulators are devising a blacklist targeting new companies that use variable interest entities (VIEs) to run their businesses, Financial Times (FT) reported on Wednesday (Dec. 8), citing unnamed sources. Get the Full Story Complete the form to...
In today’s top Europe, Middle East and Africa (EMEA) news, European Union startups raise a record $121 billion; Microsoft’s $16 billion Nuance deal is under review by the EU; Germany’s Volkswagen is considering taking Porsche public; restaurant OS GrubTech notches $13 million in a Series...
In Brazil, a temporary suspension looms for a popular payment choice — and, by extension, a disruption in commerce itself. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
The payments and card issuance company Nium has joined forces with Oman’s Modern Exchange Co. for a partnership that will see Modern Exchange leverage Nium’s payments infrastructure around the globe. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Binance will be looking more into rolling out its services in the U.K., after initially facing turbulence on those plans. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
