EMEA

FinTech ZoodPay Acquires Tez Financial Services

FinTech ZoodPay Acquires Tez Financial Services
FinTech ZoodPay Acquires Tez Financial Services
May 23, 2022  |  Partnerships

ZoodPay, a Switzerland-based provider of buy now, pay later (BNPL) services that focuses on customers in the Middle East and Central Asia, has purchased Karachi,...

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Klarna to Cut About 700 Jobs Due to Inflation, War
Klarna to Cut About 700 Jobs Due to Inflation, War
May 23, 2022  |  Economy

Swedish buy now, pay later (BNPL) FinTech Klarna will lay off about 10% of its staff due to the effects of inflation and the Russia-Ukraine...

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G-7 Leaders Cold on Crypto, Warm on CBDCs
G-7 Leaders Cold on Crypto, Warm on CBDCs
May 23, 2022  |  Legal & Regulation

The finance ministers and central bank governors from the G-7 met in Germany last week to discuss global economic issues, including cryptocurrencies and central bank...

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UK Lending FinTech Creditspring Raises $60M
UK Lending FinTech Creditspring Raises $60M
May 23, 2022  |  Investments

London-based FinTech Creditspring has raised $60 million in new capital, bring its total funds raised since its 2016 launch to $88 million, the company announced...

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EMEA Daily: Ted Baker Getting Closer to a Buyer
EMEA Daily: Ted Baker Getting Closer to a Buyer
May 23, 2022  |  Europe

In today’s top stories from Europe, the Middle East and Africa, British fashion retailer Ted Baker says it has narrowed down the possibilities for a...

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BNP Paribas Becomes Latest Bank to Embrace Blockchain
BNP Paribas Becomes Latest Bank to Embrace Blockchain
May 23, 2022  |  Blockchain

French bank BNP Paribas has joined a U.S.-based blockchain-powered network overseen by JPMorgan to use digital tokens for short-term trading in fixed income markets, stepping...

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Sokin, Mastercard Expand Digital Banking Partnership Across MENA
Sokin, Mastercard Expand Digital Banking Partnership Across MENA
May 23, 2022  |  Europe

United Kingdom-based global currency account provider Sokin announced an expanded partnership with Mastercard to offer consumers in almost 40 new markets across the Middle East...

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B2B Payments Infrastructure Firm TransferMate Valued at $1B
B2B Payments Infrastructure Firm TransferMate Valued at $1B
May 23, 2022  |  B2B Payments

Dublin-based B2B payments infrastructure firm TransferMate has raised $70 million in new funding, valuing the company at $1 billion. Get the Full Story Complete the...

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