In today’s top Europe, Middle East, and Africa news, South African telecom MTN is seeking minority investors after separating its FinTech unit from its traditional business; London-based embedded finance network mmob has completed a 5 million pound ($6.58 million) seed funding round. Plus, German B2B...
Nearly two dozen tech companies have launched a charity to encourage FinTechs to donate and raise money for those impacted by the war in Ukraine. As more than 2 million Ukrainians are being forced to flee their homes and seek refuge in neighboring countries, Fintechs...
More than half of young Brazilian consumers are now neobank customers, and legacy FIs are rethinking how to engage with this key demographic. Banco do Brasil’s Neudson Freitas explains why the local banks are turning to “super apps” and open finance to win them over.
Germany is considered one of the hotbeds of venture capital (VC) funding in Europe, with startups in the country raising a record 11.3 billion euros (around $12.3 billion) in the first three quarters of 2021, a jump of more than 70% from total fundraising the...
Uber plans to launch an in-app donation button to allow U.S. customers to make donations to the International Rescue Committee to assist Ukraine. Plans are in the works to make in-app donation features available to Uber users in more countries in the coming days, the...
In today’s top Europe, Middle East and Africa news, the European Union is set to add more sanctions against wealthy Russians and the Russian Parliament, while Binance has resumed deposits into European Union banks and withdrawals in British pounds. Plus, the European Parliament’s Monetary Committee...
An Australian regulator said the country’s banking industry has not convinced it to let banks impose new security measures for customers using online banking. The proposals, outlined in a report this week by the Australian Securities and Investment Commission (ASIC), had called for an update...
The European Union (EU) is set to pile on more sanctions targeted at wealthy Russians, their families and members of the Russian Parliament, diplomats told Bloomberg. This latest round of penalties for Russia’s invasion of Ukraine targets more than 100 members of the Federation Council,...
Nine months after Binance suspended deposits into European Union banks and withdrawals of British pounds, the cryptocurrency exchange has resumed both, the Cayman Islands-based digital network announced Monday (March 7). The transactions can be completed through the Single Euro Payments Area (SEPA) payment network and...
