International

International
InsurTech Zego Plans European Expansion
January 19, 2022

Zego, the U.K.-based commercial motor vehicle insurance company, is planning a European expansion, the company announced Wednesday (Jan. 19), according to a UKTechNews report. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

International
UK, Ireland Lead Record-Setting 2021 for Private Equity Deals 
January 19, 2022

Recent data from Pitchbook has revealed that Europe saw new annual records set in terms of private equity (PE) deal count and value in 2021, with close to 7,200 deals closed worth 754.5 billion euros ($856 billion). Get the Full Story Complete the form to...

International
FCA Revokes Temporary Permissions Of 4 EU Firms Operating In The UK
January 18, 2022

The U.K.’s Financial Conduct Authority (FCA) has announced that European firms looking to remain in the temporary permissions regime (TPR) must meet the FCA’s standards to continue operating their businesses in the U.K. Get the Full Story Complete the form to unlock this article and...

International
Wellster Closes Series B at $60M, Will Launch FemTech Platform
January 18, 2022

Six months after a $40 million financing round, Wellster Healthtech Group has closed on a $20 million funding extension, the German startup announced on Tuesday (Jan. 18). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

International
Korean eGrocer Kurly Expects $2.5B in GMV
January 18, 2022

As it prepares to go public, the South Korean eGrocer Kurly expects to reach $2.5 billion in gross merchandise value (GMV) after crossing the $1.6 billion (or 2 trillion won) threshold last year. Get the Full Story Complete the form to unlock this article and...

International
Fines for Breaches of EU Privacy Law Reach Nearly $1.2B
January 18, 2022

The European Union General Data Protection Regulation (GDPR) law is taking a financial toll on Big Tech as fines have soared nearly sevenfold in the past year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

International
China’s 5-Year Plan Focuses on Building a Digital Economy
January 18, 2022

Not to be left behind in the race to digitize its economy, China has issued its latest five-year plan to promote its development, the General Office of the State Council announced. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

International
EMEA Daily: Amazon UK Changes Course, Decides to Accept Visa After All; UK’s FCA Issued...
January 17, 2022

In today’s top Europe, Middle East and Africa news, Amazon U.K. is changing course and has decided to accept Visa after all, and the U.K.’s Financial Conduct Authority issued $775 million in fines last year. Get the Full Story Complete the form to unlock this...

International
Blender Buys a Lithuanian Credit Union for $5.8M, Eyes Digital Bank Status
January 17, 2022

Over the weekend, Blender, the Netherlands-based FinTech, announced it had purchased Lithuanian credit union (CU) for NIS 18 million ($5.8 million). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...