EMEA

South Africa’s Stitch Raises $55 Million to Expand Enterprise Payments Infrastructure
South Africa’s Stitch Raises $55 Million to Expand Enterprise Payments Infrastructure
April 15, 2025  |  Investments

South Africa-based payments infrastructure company Stitch raised $55 million in a Series B funding round to expand its offerings for enterprise merchants. The company will...

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LVMH Ready to Launch Mitigation Strategies if Tariff Talks Fail
LVMH Ready to Launch Mitigation Strategies if Tariff Talks Fail
April 14, 2025  |  Earnings

Luxury goods retailer LVMH Moët Hennessy Louis Vuitton said it is prepared to increase prices on its products and take other mitigation strategies if negotiations...

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Meta to Begin Training AI on User Data in EU
Meta to Begin Training AI on User Data in EU
April 14, 2025  |  Artificial Intelligence

Meta will begin using content shared by adults in the European Union to train its artificial intelligence models after the European Data Protection Board said the...

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Faume Raises $9.1 Million to Expand Fashion Resale Platform Across Europe
Faume Raises $9.1 Million to Expand Fashion Resale Platform Across Europe
April 11, 2025  |  Investments

Faume has raised 8 million euros (about $9.1 million) to support the European expansion of its resale platform for premium and luxury fashion brands. The...

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Europe Signals ‘No Compromise’ on Trade, Prepares Counter-Tariffs on US Tech
Europe Signals ‘No Compromise’ on Trade, Prepares Counter-Tariffs on US Tech
April 11, 2025  |  Europe

The U.S.-initiated tariffs have been paused for three months and the negotiation posturing has begun. Brussels is bracing for a fresh escalation in the EU-US...

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European Union Votes to Impose Tariffs on US Goods
European Union Votes to Impose Tariffs on US Goods
April 09, 2025  |  Economy

The European Commission said Wednesday (April 9) that the European Union will start collecting tariffs on U.S. goods, starting Tuesday (April 15). EU member states...

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Alphabet-Backed Pennylane Raises $82 Million to Expand Accounting Platform Across Europe
Alphabet-Backed Pennylane Raises $82 Million to Expand Accounting Platform Across Europe
April 07, 2025  |  Investments

Pennylane has raised 75 million euros (about $82 million) to continue growing its accounting platform in France and to expand it across Continental Europe. The...

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Klarna Brings BNPL to High-Speed Rail With Eurostar Partnership
Klarna Brings BNPL to High-Speed Rail With Eurostar Partnership
April 02, 2025  |  BNPL

Pay-later platform Klarna has launched a partnership with rail service Eurostar. The collaboration, announced Wednesday (April 2), lets travelers in the U.K. and France split the cost of their...

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Trustly to Pilot Biometric Solution in Finland Before European Rollout
Trustly to Pilot Biometric Solution in Finland Before European Rollout
March 26, 2025  |  Biometrics

Trustly will begin piloting a biometric solution in Finland this month and then roll it out across other European markets. The solution, Trustly ID, allows...

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