EMEA

TF Bank’s Swedish Arm to Separate from eCommerce Subsidiary

TF Bank’s Swedish Arm to Separate from eCommerce Subsidiary
TF Bank’s Swedish Arm to Separate from eCommerce Subsidiary
June 21, 2022  |  Bank Regulation

The Swedish Financial Supervisory Authority has granted TF Bank’s Swedish subsidiary TFB Service AB a license to operate as a deposit-taking financial institution. With this...

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German Supply Chain Platform TradeLink Nets $12.6M in Series A Funding
German Supply Chain Platform TradeLink Nets $12.6M in Series A Funding
June 21, 2022  |  B2B Payments

TradeLink, the supply chain optimization platform that streamlines warehouse operations, announced that it had secured €12 million (about $12.6 million) in Series A funding. Get...

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State of Open Banking in Europe, Africa and the Middle East
State of Open Banking in Europe, Africa and the Middle East
June 21, 2022  |  emea

Open Banking (OB) refers to the use of open-source technology and data-sharing in the delivery of financial services. The goals of a more open financial...

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Carla’s $20M Funding to Grow EU Electric Vehicle Marketplace
Carla’s $20M Funding to Grow EU Electric Vehicle Marketplace
June 21, 2022  |  Investments

In the field of online used car marketplaces, Swedish startup Carla differentiates itself from competitors by allowing only full-electric cars and plug-in hybrids to be...

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RBI to FinTechs: Non-Banks Can’t Reload Funds to Prepaid Wallets, Cards
RBI to FinTechs: Non-Banks Can’t Reload Funds to Prepaid Wallets, Cards
June 21, 2022  |  Regulation

FinTechs were alerted that non-bank issuers of prepaid payment instruments (PPIs) can’t load cards and digital wallets with funds through credit lines, the Reserve Bank...

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PropTech Startup Huspy Nets $37M Series A
PropTech Startup Huspy Nets $37M Series A
June 21, 2022  |  Investments

PropTechnology startup Huspy has announced in a press release on Tuesday (June 21) that it has raised $37 million in a Series A funding round...

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UK BNPL Regulation Unlikely Before Mid-2023
UK BNPL Regulation Unlikely Before Mid-2023
June 21, 2022  |  BNPL

The U.K. government announced on Monday, June 20, plans to tighten rules on the Buy Now, Pay Later (BNPL) sector aimed at protecting users —...

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Safaricom CEO: ‘Innovation Mindset’ Critical to M-Pesa Success
Safaricom CEO: ‘Innovation Mindset’ Critical to M-Pesa Success
June 21, 2022  |  Mobile Payments

“M-Pesa is a barometer of what’s happening in the [Kenyan] economy and how customers are behaving.” Get the Full Story Complete the form to unlock...

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French FinTech Formance Raises $3M to Develop Payment Flows Solution
French FinTech Formance Raises $3M to Develop Payment Flows Solution
June 20, 2022  |  Investments

French FinTech Formance has raised $3.1 million that the company said it will use to continue development of its low-code, open-source payment-flow tracking platform. Get...

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