In today’s top Europe, Middle East and Africa news, Visa’s Currencycloud launched its Weekend FX tool, while Berlin-based FinTech Kadmos closed an $9.1 million seed funding round. Plus, seven teenagers were arrested in London in connection with the Lapsus$ hacking spree, the Bank of England...
Amazon.com has launched an employment support program for refugees of the war in Ukraine, the eCommerce giant announced. The “Welcome Door” initiative promises resources and support for refugee and humanitarian-based immigrant employees, including a citizenship assistance portal, free legal help and mentorship. As part of the...
Visa-owned cross-border payments platform Currencycloud has launched a tool called Weekend FX, designed to give clients the ability to offer competitive foreign exchange (FX) rates after markets close on Friday evenings, according to a Thursday (March 24) press release. “With an increasingly global business culture,...
In today’s top Europe, Middle East and Africa news, Spain’s Vivla has raised nearly $30 million to support home ownership in Europe, and African FinTech Flutterwave has won approval from the Bank of Tanzania to launch its service. Plus, British automotive market Auto Trader is...
Rakuten, an app to find coupons and earn cash back on purchases, has launched the Rakuten Clutch Special Charity Fund to assist humanitarian aid to Ukraine, the company announced. The company is accepting donations to assist the people of Ukraine affected by the conflict. Donations...
Hackers have had their sights set on European charity groups that are helping Ukrainian refugees fleeing the country following Russia’s invasion, Victor Zhora, the deputy chief of Ukraine’s State Service of Special Communications and Information Protection, told reporters Wednesday (March 23). Zhora didn’t add much...
OYO, the India-based hospitality technology platform, announced it would offer free accommodation to Ukraine refugees, The Economic Times reported. The company said it has appealed to more than 600 Belvilla homeowners on its platform in Poland to open their homes to refugees. “These stays will...
In today’s top Europe, Middle East and Africa news, the Swiss-based Bank for International Settlements has completed trials of blockchain-based platforms, while Dutch startup ParkBee has closed a $33 million funding round. Plus, trading automation platform Saphyre has raised $18.7 million in a Series A...
The old saying goes: It takes decades to build a company’s reputation. And it takes seconds to destroy it. To put a spin, a bit, on those statements: It can take a few weeks of war to destroy a reputation. The war in Europe, and...
