Nubank founder and CEO David Vélez sees the economic struggles of Brazil as a potential opportunity for even faster growth for his digital banking platform across Latin America and around the world, he said in a Reuters report Wednesday (Feb. 2). Nubank’s value has tumbled...
Cloud software company Operations1, which works on adaptive employee-led production processes, announced an €11.1 million ($12.5 million) funding round on Monday (Jan. 31). This will help the German company scale its solution, which allows manufacturers to analyze and optimize work and processes, letting teams focus...
U.K. grocer Asda is the first retailer to try out automated age verification software in its stores, thanks to a partnership with digital identification software company Yoti and technology leader NCR. Asda announced on Monday (Jan. 31) that the trial will run in its Pudsey...
FinTech company FINCI has partnered with Singapore-based payments and card-issuance provider Nium to utilize Nium’s offerings across Asia-Pacific (APAC) and Europe, the Middle East and Africa (EMEA), according to a Tuesday (Feb. 1) Business Mondays report. The collaboration “will enable real-time payments to new markets...
In today’s top Europe, Middle East and Africa (EMEA) news, tech company initial public offerings (IPOs) collect $8.8 billion in 2021 to set a record while SaaS company BigCommerce expanded into Germany, Mexico and Spain. Plus, Nigerian brokerage app Bamboo has raised $15 million to...
Open Software-as-a-Service (SaaS) eCommerce platform BigCommerce on Monday (Jan. 31) broadened its reach into Germany, Mexico and Spain, allowing local merchants to grow their direct-to-consumer (D2C) and business-to-business (B2B) platforms around the world, a company announcement said. BigCommerce’s expansion into three new countries also adds...
The founders of companies like Klarna and Skype, among others, are rolling out a new $200 million venture capital fund to find new unicorns in Africa, a report says. According to Klarna co-founder Niklas Adalberth told Financial Times on Sunday (Jan. 30) Africa was likely...
DealShare, the Bengaluru-based social commerce grocery startup, has raised $165 million from investors, a Saturday (Jan. 29) Economic Times report said, valuing the company at over $1.6 billion. Tiger Global and Alpha Wave led the round. New investors were Dragoneer Investments Group, Kora Capital and...
In today’s top Europe, Middle East and Africa (EMEA) news, WeTransfer, the Netherlands file-sharing company, is pulling the plug for an IPO in Amsterdam due to market volatility; the EU’s privacy overseer has lent its support for additional rules on political advertising. Plus, Binance wants...
