In today’s top Europe, Middle East and Africa news, Facebook is fighting misinformation in advance of the French presidential election, and more than 5 million people in the U.K. use open banking services. Plus, Finnish software maker Relex Solutions raised $568 million in investment capital for AI...
In today’s top Europe, Middle East and Africa news, two U.K. government officials have proposed new rules to require tech firms to monitor “legal but harmful” content, and connected commerce platform Zbooni has brought its digital commerce tools to Egypt. Plus, two University of Glasgow...
Connected commerce platform Zbooni has brought its services to Egypt, where the company said it will provide digital commerce tools to the 33.5 million small- to medium-sized businesses (SMBs) in the North African nation, according to a Wednesday (Feb. 16) press release. Connected commerce —...
“Societies aren’t fully tapping their potential if they’ve got half of the population on the sidelines.” That statement by Wendy Teleki, head of The Women Entrepreneurs Finance Initiative (We-Fi) Secretariat at the World Bank, is a direct reference to women, and particularly women-owned small and...
In today’s top Europe, Middle East, and Africa news, the FinTech firm PayU has introduced credit payments in Romania; Voilà, a Berlin-based app that connects consumers with fine dining at home, closed on a $10 million funding round. Plus, B2B accounts receivable automation and integrated...
Logistics and fulfillment platform Shiprocket is acquiring a majority stake in supply chain solutions startup Glaucus with a merger agreement on the table for undisclosed terms, according to a Monday (Feb. 14) report from The Economic Times. Shiprocket co-founder and CEO Saahil Goel said the...
Russian lender Sberbank on Tuesday (Feb. 15) announced plans to shake up its management team, as well as its intention to launch an eCommerce holding company as part of its plan to diversify its offerings beyond financial services. Sberbank has been developing its non-financial businesses...
Justin Trudeau, Canada’s prime minister, is using his emergency powers to cut the flow of money to the trucker protests opposed to his vaccine mandate, Bloomberg reported Monday (Feb. 14). Banks will now have to review their relationships with those involved in the blockade and...
In today’s top Europe, Middle East and Africa news, the U.K.’s Competition and Markets Authority (CMA) fined retailers JD Sports and Footasylum $6 million for sharing commercially sensitive information, and Spain’s BBVA bank upped its stake in digital bank Neon with a $300 million investment. Plus, stricter...
