In today’s top stories from Europe, the Middle East and North Africa, British digital bank Zopa is launching a suit of regulated buy now, pay later (BNPL) products. Also, payment solutions firm PayU is expanding its business in Africa by establishing operations in Ghana, and...
In today’s top stories from Europe, the Middle East and Africa, the British government is preparing to release a set of policies designed to attract Big Tech companies to the country. Also, Card issuing platform Marqeta is integrating into Western Union’s European digital banking platform,...
Online car retailer Cazoo said it will reduce about 15% of its workforce and slow new hiring in an effort to cut costs. According to the a company news release Tuesday (June 7), the cuts — which will impact approximately 750 people — are part...
In today’s top stories from Europe, the Middle East and Africa, Israeli cybersecurity company Perimeter 81 reaches a valuation of $1 billion after a $100 million funding round. Also, payments firm Stripe rolls out a new tool designed to improve payment authentication in the European...
In today’s top stories from Europe, the Middle East and Africa, German digital bank N26 works with Stripe to expand its account top-up options. Also, African money transfer service M-Pesa teams up with Visa on a virtual payment card service and PYMNTS interviews British FinTech...
In today’s top stories from Europe, the Middle East and Africa, DoorDash acquires Finnish food aggregator Wolt in a bid to expand internationally. Also, Italian payments company Nexi buys the payments business of BPER Banca and its subsidiary Banco Di Sardegna, and MoneyGram forms a...
In today’s top stories from Europe, the Middle East, and Africa, the U.K. is preparing new ad regulations that could affect companies like Google and Facebook. Also, Dutch food delivery startup Just Eat Takeaway considers taking a loss as it tries to sell Grubhub, and...
The U.K. credit market isn’t doing so well, Bloomberg reported Saturday (May 28), citing numerous troubles. A bond market seeing double-digit losses is stressing some companies in need of cash, Bloomberg wrote. The firms are up against rate increases from the Bank of England, a...
In today’s top stories from Europe, the Middle East and Africa, Israeli blockchain builder StarkWare sees its value rise to $8 billion after a $100 million funding round. Also, the EU’s data protection chief calls for people to gain more control over their digital information,...