europe

Transactive Systems’ Growth Reportedly Slows Upon Bank of Lithuania Review
Transactive Systems’ Growth Reportedly Slows Upon Bank of Lithuania Review
February 23, 2023  |  Regulation

Transactive Systems’ growth has reportedly slowed after the Bank of Lithuania imposed limits on it. The Bank of Lithuania said Jan. 20 that the electronic...

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The VC Fundraising Sea-Change: Less Formal, More Human
The VC Fundraising Sea-Change: Less Formal, More Human
February 23, 2023  |  Startups

FinTech firms are increasingly focusing on profitability, turning away from the growth-at-all-costs strategy many have long pursued. According to some investors, this strategic pivot from growth...

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Startup Wise Guys Raises $27M to Invest in B2B Startups
Startup Wise Guys Raises $27M to Invest in B2B Startups
February 17, 2023  |  Startups

Startup Wise Guys has raised 25 million euros (about $27 million) to invest in startups. The Estonia-based global accelerator fund for B2B startups said in a post on...

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Cazoo Latest Exit Signals Trouble in Europe’s Once-Booming Used Car Market
Cazoo Latest Exit Signals Trouble in Europe’s Once-Booming Used Car Market
February 17, 2023  |  Retail

British auto marketplace Cazoo is selling its German subscription business two years after buying it.  The decision, announced in a Friday (Feb. 17) statement, comes after the online...

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European eBike Startup Dance Raises $12.8M
European eBike Startup Dance Raises $12.8M
February 16, 2023  |  Investments

Micromobility startup Dance has raised about $12.8 million to expand its eBike offerings in Europe. The company, which offers electric bike and moped subscriptions to...

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4 European Startups Making Waves in the FoodTech Space
4 European Startups Making Waves in the FoodTech Space
February 15, 2023  |  Technology

Alternative protein is one of the biggest FoodTech trends in recent years. In an interview with PYMNTS, Martin Davalos, partner at the Czech investment firm...

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Switzerland’s Taurus Raises $65M to Grow Digital Asset Platform
Switzerland’s Taurus Raises $65M to Grow Digital Asset Platform
February 14, 2023  |  Payment Methods

Taurus has raised $65 million in a Series B round to grow its digital asset platform. The provider of digital asset infrastructure for financial institutions in...

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Coca-Cola Says Europeans Buying Less as Americans Shop in Dollar Stores
Coca-Cola Says Europeans Buying Less as Americans Shop in Dollar Stores
February 14, 2023  |  Earnings

Around the world, consumers are dealing with inflation, but not all areas respond the same way. Beverage giant Coca-Cola shared on a call with analysts...

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ECB Renews Long-Term Commitment to Maintaining Euro Cash System
ECB Renews Long-Term Commitment to Maintaining Euro Cash System
February 08, 2023  |  Cash

The European Central Bank (ECB) has reaffirmed its commitment to maintaining a euro cash system. Commenting on a December ECB study on the payment attitudes...

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