From self-employed freelancers to the local shops and restaurants that are the cornerstones of so many communities, small businesses in emerging markets across Africa must maintain enough liquidity to take advantage of growth opportunities or tackle challenges. Get the Full Story Complete the form to...
Nigerian open banking startup Mono, which gives customers access to financial data and bank payments for digital businesses across Africa through its infrastructure, has added a Kenyan outpost as the first step of its continent-wide growth fueled by a $15 million funding round last fall....
Amid Russian threats to punish Lithuania over blocked rail shipments to the enclave of Kaliningrad, Lithuanians today are bracing themselves for retaliation from Moscow. Yet against that backdrop of Russian aggression, Lithuanian startups seem to be managing well, raising millions in funding during the ongoing...
The current wave of anti-money laundering (AML) technology has been largely precipitated by a series of directives issued by the European Parliament since 2015. Nevertheless, financial institutions (FIs) operating in the bloc have more to gain than legislative compliance when it comes to intercepting the...
Not having an equivalent to Silicon Valley, Europe’s technology sector is distributed across hubs all over the continent. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to...
Brex, which is a Silicon Valley lender to startups, has dropped “tens of thousands” of small business customers as it intends to focus on bigger venture-backed clients, CNBC wrote, quoting co-founder Henrique Dubugras. Get the Full Story Complete the form to unlock this article and...
Two entrepreneurs are working together to launch the financial “super app” Rauva for Europe’s Mediterranean region and provide an integrated solution that’s compatible across countries. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Startups that had previously been seen as darlings have had to lay off employees, cut spending, cancel projects and generally scale back ambitions due to mounting economic headwinds and changing investor sentiment, The Wall Street Journal (WSJ) wrote Monday (May 16). Get the Full Story...
Congress may command government agencies to vet tech startups looking for federal funding in the near future, according to a Wall Street Journal (WSJ) report Sunday (May 8). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
