EMEA

Alma CEO Says Zero Late Fee Policy Risky for BNPL

Alma CEO Says Zero Late Fee Policy Risky for BNPL
Alma CEO Says Zero Late Fee Policy Risky for BNPL
March 07, 2022  |  Buy Now Pay Later

Late fees can be an important source of revenue for traditional lenders, and for some credit card companies, it can represent up to 20% of...

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Indian FinTech CredAvenue Reaches Unicorn Status With $1.3B Valuation
Indian FinTech CredAvenue Reaches Unicorn Status With $1.3B Valuation
March 06, 2022  |  International

CredAvenue, the debt marketplace, is the newest Indian unicorn, having raised $137 million in a funding round, Bloomberg reported Sunday (March 6). Get the Full...

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Mastercard, Visa, PayPal, Amex Suspend Russian Operations
Mastercard, Visa, PayPal, Amex Suspend Russian Operations
March 06, 2022  |  International

American Express is joining Visa, Mastercard and PayPal in suspending operations in Russia following its invasion of Ukraine, a press release said. Get the Full...

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Digital Dollar Awaits Public Comments, Philippine Central Bank Says No
Digital Dollar Awaits Public Comments, Philippine Central Bank Says No
March 06, 2022  |  CBDC

The U.S. is in a quiet phase of its decision on whether to build and issue a central bank digital currency (CBDC), with the initial...

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Mastercard, Visa Suspend Russian Operations, Condemn Unprovoked Attack on Ukraine 
Mastercard, Visa Suspend Russian Operations, Condemn Unprovoked Attack on Ukraine 
March 05, 2022  |  Payment Methods

The world’s two largest credit card and digital payment processors both announced Saturday (March 5) that they were suspending operations in Russia in response to...

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Aggregators Weekly: Kuwait’s Talabat Mart Delivery Service Expands
Aggregators Weekly: Kuwait’s Talabat Mart Delivery Service Expands
March 04, 2022  |  Delivery

Good news came this week for residents of Assiut, Zagazig, Ismailia and Port Said who have been seeking a food delivery service. Talabat Mart, the...

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UK Health Club Chain Virgin Active Snaps Up Nutrition Firm, Secures Funding
UK Health Club Chain Virgin Active Snaps Up Nutrition Firm, Secures Funding
March 04, 2022  |  Acquisitions

U.K. health chain Virgin Active is expanding operations with £88.4 million (roughly $117 million) in funding, the acquisition of a nutrition firm and a new...

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Big Tech Weekly: Lithuania Asks Apple, Google to Delete Russia’s Yandex Ride-Hailing App
Big Tech Weekly: Lithuania Asks Apple, Google to Delete Russia’s Yandex Ride-Hailing App
March 04, 2022  |  Big Tech

On the heels of Russia’s invasion of Ukraine, the Republic of Lithuania in the Baltic region of Europe has asked Google and Apple to remove...

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EMEA Daily: Ukraine Receives $20M in Bitcoin, Ethereum Donations; Volocopter Raises $170M for Air Taxi 
EMEA Daily: Ukraine Receives $20M in Bitcoin, Ethereum Donations; Volocopter Raises $170M for Air Taxi 
March 04, 2022  |  International

In today’s top Europe, Middle East, and Africa news, bitcoin and ethereum investors donated $20 million to Ukraine in the wake of Russia’s invasion of...

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