Six months after a $40 million financing round, Wellster Healthtech Group has closed on a $20 million funding extension, the German startup announced on Tuesday (Jan. 18). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
As it prepares to go public, the South Korean eGrocer Kurly expects to reach $2.5 billion in gross merchandise value (GMV) after crossing the $1.6 billion (or 2 trillion won) threshold last year. Get the Full Story Complete the form to unlock this article and...
The European Union General Data Protection Regulation (GDPR) law is taking a financial toll on Big Tech as fines have soared nearly sevenfold in the past year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Not to be left behind in the race to digitize its economy, China has issued its latest five-year plan to promote its development, the General Office of the State Council announced. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
In today’s top Europe, Middle East and Africa news, Amazon U.K. is changing course and has decided to accept Visa after all, and the U.K.’s Financial Conduct Authority issued $775 million in fines last year. Get the Full Story Complete the form to unlock this...
Over the weekend, Blender, the Netherlands-based FinTech, announced it had purchased Lithuanian credit union (CU) for NIS 18 million ($5.8 million). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
A rise in financial crime fueled by the pandemic led the U.K.’s Financial Conduct Authority (FCA) to issue 568 million British pounds (about $775 million) in fines last year, according to a Monday (Jan. 17) press release emailed to PYMNTS. Get the Full Story Complete...
The People’s Bank of China (PBOC) has published new rules designed to place a cap on bank’s commercial financing operations, while also bolstering risk management for the use of commercial bills. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
In today’s top Europe, Middle East and Africa news, the London-based buy now, pay later (BNPL) FinTech Zilch has launched in Europe, and the Kenyan BNPL startup Lipa Later has raised $12 million. Get the Full Story Complete the form to unlock this article and...
