EMEA

Concerns Over Lost Fee Income Prompt Nigerian Lenders to Slow CBDC Adoption

Concerns Over Lost Fee Income Prompt Nigerian Lenders to Slow CBDC Adoption
Concerns Over Lost Fee Income Prompt Nigerian Lenders to Slow CBDC Adoption
July 19, 2022  |  CBDC

Nigerian lenders have been putting up roadblocks against using the country’s digital currency, concerned about loss of revenue from traditional banking services, Central Bank of...

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Italian PropTech Startup Casavo Raises €400 Million
Italian PropTech Startup Casavo Raises €400 Million
July 19, 2022  |  Startups

PropTech startup Casavo just bagged $409 million (€400 million) in Series D funding, EU Startups reported Tuesday (July 19). An initial €300 million was invested...

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EMEA Daily: Google Prepares for Digital Markets Act, Faces $1B Suit in UK Over App Store Practices
EMEA Daily: Google Prepares for Digital Markets Act, Faces $1B Suit in UK Over App...
July 19, 2022  |  Europe

In today’s top news from Europe, the Middle East and Africa (EMEA), Google is facing a lawsuit over allegations that the Big Tech firm overcharged...

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The Startups Solving the Working Capital Challenge for Africa’s Small Businesses
The Startups Solving the Working Capital Challenge for Africa’s Small Businesses
July 19, 2022  |  Startups

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...

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Google Play Prepares for Digital Markets Act by Allowing Alternative Billing Systems
Google Play Prepares for Digital Markets Act by Allowing Alternative Billing Systems
July 19, 2022  |  Digital Payments

Google has commented on the passing of the Digital Markets Act, which will require Google Play and other industry players to adjust their current operating...

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Wise’s Revenues Rise as Customers Up Money Transfers
Wise’s Revenues Rise as Customers Up Money Transfers
July 19, 2022  |  Cross-border Payments

British FinTech Wise saw its revenues increase 50% in the last quarter, with customers bringing forward money transfers in fear of volatility later this year....

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Google Faces $1B Suit in UK Over App Store Practices
Google Faces $1B Suit in UK Over App Store Practices
July 19, 2022  |  Google

Google is facing trial in a $1.1 billion class-action lawsuit in the U.K. over claims that the company overcharged 19.5 million customers for app store...

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Amazon Files Lawsuit Against 10K Facebook Groups Over Fake Reviews
Amazon Files Lawsuit Against 10K Facebook Groups Over Fake Reviews
July 19, 2022  |  Amazon

Amazon filed a lawsuit against more than 10,000 Facebook group administrators for allegedly brokering fake reviews, including one called “Amazon Product Review,” which had more...

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