EMEA

Strong Local Trust in Nordic Wallets and Banks Is Moat for Big Tech

Strong Local Trust in Nordic Wallets and Banks Is Moat for Big Tech
Strong Local Trust in Nordic Wallets and Banks Is Moat for Big Tech
October 27, 2022  |  Payments Innovation

Most Nordic countries have at least one nationwide payment scheme to which all financial institutions (FIs) are party. The idea is that a common rule...

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Tymit Raises $27M to Launch White Label BNPL Solution
Tymit Raises $27M to Launch White Label BNPL Solution
October 26, 2022  |  BNPL

U.K.-based buy now, pay later (BNPL) company Tymit has raised 23 million pounds ($26.7 million) in a Series A funding round. The round was led...

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MedTechs Help Overstretched African Doctors Accelerate Diagnostics and Save Lives
MedTechs Help Overstretched African Doctors Accelerate Diagnostics and Save Lives
October 26, 2022  |  Healthcare

According to the World Health Organization (WHO), African countries suffer from a severe shortage of healthcare professionals, with many having fewer than 0.2 qualified physicians...

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Krea and Klarna Tout Success of SME Loan Program
Krea and Klarna Tout Success of SME Loan Program
October 26, 2022  |  Loans

Swedish FinTechs Krea and Klarna said Wednesday (Oct. 26) that their partnership has helped small and medium-sized enterprises (SMEs) in that country receive larger loan...

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Barclays Backs Illuminate’s Latest Investment Vehicle
Barclays Backs Illuminate’s Latest Investment Vehicle
October 26, 2022  |  Partnerships

Illuminate Financial, the London-based venture capital firm which specializes in FinTech investments, has announced an expansion of its partnership with Barclays. Get the Full Story...

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Four Countries Test Multi-CBDC Arrangement
Four Countries Test Multi-CBDC Arrangement
October 26, 2022  |  CBDC

The Bank for International Settlements (BIS) on Wednesday (Oct. 26) published a report on Project mBridge, a four-nation collaborative pilot for cross-border central bank digital...

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Trigo Raises $100M as Investors See Room for Improvement in Cashierless Checkout
Trigo Raises $100M as Investors See Room for Improvement in Cashierless Checkout
October 26, 2022  |  Technology

Israel-based frictionless checkout tech provider Trigo announced Wednesday (Oct. 26) that it has raised $100 million that it intends to use to take in existing...

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New EU Instant Payment Rules to Bolster Mainstream Open Banking Adoption
New EU Instant Payment Rules to Bolster Mainstream Open Banking Adoption
October 26, 2022  |  Faster Payments

The European Commission (EC) published a draft proposal on Wednesday (Oct. 26) intended to force banks and payment service providers (PSPs) to offer 24/7 instant...

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eNaira’s First Anniversary Holds Lessons for CBDC Boosters
eNaira’s First Anniversary Holds Lessons for CBDC Boosters
October 26, 2022  |  CBDC

If there’s one lesson to take away from the first anniversary of Nigeria’s struggling eNaira central bank digital currency (CBDC), it’s that China has shown...

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