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
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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