International

International
EMEA Daily: Adyen to Expand Into Embedded Financial Products; Klarna Unveils ‘Klarna Kosma’ Open Banking...
March 31, 2022

In today’s top Europe, Middle East and Africa news, Dutch payments group Adyen introduced new financial products, while Swedish buy now, pay later (BNPL) firm Klarna debuted a business unit geared toward open banking. Plus, European Union lawmakers have proposed new anti-money laundering rules, The...

Europe
Study: 67% of US Websites Violate EU Data Protection Law
March 31, 2022

The European Union has passed several laws aimed at providing digital identity protection, among them the General Data Protection Regulation (GDPR), which went into effect in 2018. Among the biggest violators of these protocols? American websites. According to one study, 67% of the top 1,000...

International
EMEA Daily: PropTech Startup Goodlord Raises £27M to Boost UK Renting Experience; Nigeria-Based Andela Launches...
March 30, 2022

In today’s top Europe, Middle East and Africa news, PropTech startup Goodlord has raised £27 million ($35.5 million) in a Series B funding and Andela has launched a platform designed to create a personalized hiring experience. Plus, the European Union is considering a new round...

International
Today in the FinTech Ukraine Daily: Google Pledged $5M to Support Ukraine Startups
March 30, 2022

In Google’s continuing effort to ease the humanitarian crisis, the global technology conglomerate announced a $5 million Google for Startups Ukraine Support Fund to allocate cash awards this year. Selected Ukraine startups will be named on a rolling basis to receive up to $100,000 in funding, Google...

International
Officials: EU Considers New Round of Russia Sanctions
March 30, 2022

The European Union is considering a new round of sanctions against Russia in response to its war in Ukraine. That’s according a report Wednesday (March 30) by the Wall Street Journal, citing comments from officials and diplomats familiar with the discussions. The new measures include...

International
Revolut Expands Into LatAm, Middle East
March 30, 2022

Revolut Ltd, the financial super app company that boasts more than 18 million customers worldwide, has expanded its services to more countries, the London-based company announced Wednesday (March 30). Customers from the United Kingdom, the European Union, Iceland, Liechtenstein and Norway, Japan, Singapore and Australia...

International
Nigeria-Based Andela Launches Platform to Power Customized Work
March 30, 2022

Andela, a global network of remote talent, has launched a platform designed to create a personalized hiring experience for candidates and recruiters, the Nigerian company announced Wednesday (March 30). The company, which focuses on engineering aspirants from more than 100 countries, has expanded to include...

International
Italy’s Central Bank Bans Online Bank N26 From New Clients, New Products Over AML Risks
March 29, 2022

The Bank of Italy has banned the local unit of online German bank N26 from signing up new customers, due to checks late last year that flagged money laundering risks, Reuters wrote Tuesday (March 29). Italy’s central bank also said N26 would also not be...

International
EMEA Daily: UK Consumer Lending Rose in Feb.; ArK Kapital Raises $183M; Zimpler Plans Expansion;...
March 29, 2022

In today’s top Europe, Middle East and Africa news, consumer lending in Britain swelled in February, the most in five years, the Bank of England revealed; data-driven precision finance startup ArK Kapital raised $183 million in seed capital. Plus, Zimpler, Swedish payments FinTech, is planning...