International

International
EMEA Daily: WeTransfer Pulls Amsterdam IPO Over Market Volatility; EU’s Data Protection Watchdog Supports Stricter...
January 27, 2022

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...

International
WeTransfer Pulls Amsterdam IPO Over Market Volatility
January 27, 2022

Netherlands file-sharing company WeTransfer is pulling the plug for an initial public offering (IPO) in Amsterdam due to market volatility, according to multiple media reports on Thursday (Jan. 27). The company was slated to start trading on Euronext Amsterdam (AEX) on Friday (Jan. 28) and...

International
Marqeta Adds Singapore, Philippines, Thailand to Its Global Customer Base
January 27, 2022

Card issuer Marqeta’s payments platform is now certified in 39 countries after it added Singapore, the Philippines and Thailand, giving the company a foothold in five countries across Asia-Pacific (APAC), according to a Thursday (Jan. 27) press release. Marqeta is planning to make Singapore its...

Global Payments
From Startups to Institutions: Solving X-Border Challenges in Africa to Facilitate Remittance Flows
January 27, 2022

For most consumers sending money abroad, peer-to-peer (P2P) payments are slow and costly. According to data PYMNTS gathered on cross-border remittances, of the 70% of consumers who pay a fee to send money overseas, 41% pay a percentage fee averaging 6.2%, while 28% pay a...

Europe
EU’s Plan to Protect Internet Privacy: Adopt Apple’s Solution
January 27, 2022

Like many parts of the world, Europe is trying to strengthen protections for consumer privacy. While the region’s landmark privacy law, the General Data Protection Regulation (GDPR), requires websites to ask users for permission to be tracked online, many companies make it harder to refuse...

International
Vodafone to Prioritize 4G and 5G Rollout by Retiring 3G Network in UK in 2023
January 26, 2022

British technology communications company Vodafone has announced that it will begin the retirement of its legacy 3G network next year as part of the company’s strategy to “improve the 4G and 5G experience for its customers.” According to the U.K.-based multinational, the repurposing of the...

International
Payroll Complexities Drive Demand for Digitized Solutions Among Nordic SMBs
January 26, 2022

When it comes to payroll and human resource (HR) administration, there is an increasing complexity in the data and information connected with each individual employee, ranging from taxes, expenses and holidays to absences, collective agreements and parental leaves. This administrative burden and complexity has created...

International
Belgium’s Online Ordering Platform Deliverect Hits Unicorn Status With $150M Fund Raise
January 25, 2022

Deliverect, which provides a global platform to simplify online ordering, has raised €130 million ($150 million) in Series D funding, according to a press release Tuesday (Jan. 25). The funding will go towards more investments in engineering and technology advancements, expansions of its product portfolio...

International
EMEA Daily: France Will be Top Startup Destination in Europe in Two Years; Square Launches...
January 25, 2022

In today’s top Europe, Middle East and Africa (EMEA) news, FinTech Lydia said it will take two years for France to be a top startup destination in Europe, and Spanish entrepreneurs now have access to Square. Plus, the European Union’s finance watchdog said conflicting rules...