Social investment platform eToro on Friday (Dec. 10) launched the eToro Money program across the U.K., allowing users to deposit and withdraw money as well as manage their cryptocurrency and other investments in one place. eToro Club members will get a free Visa debit card...
In today’s top Europe, Middle East and Africa news, U.K. digital bank Monzo has snagged $500 million at a $4.5 billion valuation, and Amazon plans its appeal against a $1.3 billion Italy antitrust case. Plus, Danish unicorn Pleo targets EU expansion after nearly tripling valuation,...
Business services startup Pleo, which offers expense management tools and smart company cards for small to medium-sized businesses (SMBs), has secured $200 million in a Series C round at a $4.7 billion valuation, nearly triple its previous value. The Danish startup previously joined the unicorn...
More and more machines and innovative software are being used to digitize labor-intensive farming practices and optimize food production, boosting growth in agricultural technology (AgTech). As a sign of growing investor interest, Oxford, U.K.-based agricultural technology firm Gardin recently announced it had raised $10.8 million...
As part of China’s continuing big tech crackdown, regulators are devising a blacklist targeting new companies that use variable interest entities (VIEs) to run their businesses, Financial Times (FT) reported on Wednesday (Dec. 8), citing unnamed sources. The blacklist is anticipated to keep a tight...
In today’s top Europe, Middle East and Africa (EMEA) news, European Union startups raise a record $121 billion; Microsoft’s $16 billion Nuance deal is under review by the EU; Germany’s Volkswagen is considering taking Porsche public; restaurant OS GrubTech notches $13 million in a Series...
In Brazil, a temporary suspension looms for a popular payment choice — and, by extension, a disruption in commerce itself. But, beyond the fact that Brazilian lawmakers are reportedly considering a suspension of the country’s Pix instant payments system lies a key point of consideration...
Binance will be looking more into rolling out its services in the U.K., after initially facing turbulence on those plans. On Saturday (Dec. 4), the Telegraph reported that Binance CEO Changpeng Zhao has said the company plans to apply for a Financial Conduct Authority (FCA)...
Today in payments around the world, the U.K. enforces new listing rules for exchanges, and Big Tech firms’ EU woes are far from over. Plus, Berkshire Hathaway’s Munger agrees with China’s crypto ban, Moody’s acquires two European KYC firms, Lids goes international with London stores...
