EMEA

Nexi to Buy BPER Banca Payment Unit for $412M

Nexi to Buy BPER Banca Payment Unit for $412M
Nexi to Buy BPER Banca Payment Unit for $412M
June 02, 2022  |  Acquisitions

After months of negotiations, Italian payments group Nexi has agreed to pay as much as $412 million to buy the payments business of BPER Banca...

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Online Car Marketplaces Drive Profits for MENA Startups
Online Car Marketplaces Drive Profits for MENA Startups
June 02, 2022  |  Retail

With almost 2,000 cars sold daily and nearly 750,000 vehicles sold on a yearly basis, the Egyptian used car market, representing a Gross Merchandise Value...

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Huuva Raises $5.22M for Virtual Restaurant Platform
Huuva Raises $5.22M for Virtual Restaurant Platform
June 01, 2022  |  Investments

Finnish delivery kitchen startup Huuva has raised more than $5.2 million in an investment round, saying it will use the money to expand across Central...

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Klarna Intros Physical Visa Card With Issuing Platform Marqeta
Klarna Intros Physical Visa Card With Issuing Platform Marqeta
June 01, 2022  |  Buy Now Pay Later

Card issuing platform Marqeta is partnering with buy now, pay later (BNPL) firm Klarna to launch a physical Visa card that consumers can use to...

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Plaid, Mollie Aim to Streamline EU Merchant Onboarding
Plaid, Mollie Aim to Streamline EU Merchant Onboarding
June 01, 2022  |  Partnerships

Data network Plaid is partnering with Dutch FinTech Mollie to make it easier for merchants across Europe and the United Kingdom to open online stores...

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EU Officials: Crypto Exchanges Could Lose Licenses for AML Breaches
EU Officials: Crypto Exchanges Could Lose Licenses for AML Breaches
June 01, 2022  |  Cryptocurrency

Cryptocurrency exchanges that commit serious breaches of anti-money laundering (AML) rules should lose their licenses, a group of EU financial officials said Wednesday (June 1)....

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HyperPay Raises $36.7M to Expand Payment Services to MENA Merchants
HyperPay Raises $36.7M to Expand Payment Services to MENA Merchants
June 01, 2022  |  International

Payments FinTech HyperPay raised $36.7 million (SAR138M) to expand its payment services to merchants in the Middle East and North Africa (MENA) region. Get the...

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TrueLayer, Thunes Team on Open Banking Payments in Europe, UK
TrueLayer, Thunes Team on Open Banking Payments in Europe, UK
June 01, 2022  |  Payment Methods

European open banking platform TrueLayer and Singapore-based FinTech and global cross-border payments platform Thunes are teaming up to make it easier for U.K. and European...

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Poland’s High-Tech ‘Eobuwie’ Brand Takes the Shoes out of Traditional Shoe Stores
Poland’s High-Tech ‘Eobuwie’ Brand Takes the Shoes out of Traditional Shoe Stores
June 01, 2022  |  Retail

There may only be about 30 “eobuwie” (pronounced “ee-oh-Booie”) omnichannel shoe stores scattered across Poland, but the upstart brand’s new high-tech format is turning heads...

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