European Union

The European Union is a political and economic union of 27 member states that are located primarily in Europe. Its members have a combined area of 4,233,255.3 km² and an estimated total population of about 447 million.

Source: europa.eu

EMEA Daily: UK FinTech Thought Machine Hits $1B Valuation; Flutterwave Launches New Marketplace

EMEA Daily: UK FinTech Thought Machine Hits $1B Valuation; Flutterwave Launches New Marketplace
EMEA Daily: UK FinTech Thought Machine Hits $1B Valuation; Flutterwave Launches New Marketplace
November 29, 2021  |  Cross-border Payments

In today’s top Europe, Middle East and Africa (EMEA) news, U.K. FinTech startup Thought Machine raises $200 million at a $1 billion valuation; Flutterwave launches...

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6 Ways the EU’s Digital Markets Act Will Change Big Tech
6 Ways the EU’s Digital Markets Act Will Change Big Tech
November 29, 2021  |  Legal & Regulation

The European Union’s Digital Markets Act is coming, and Big Tech will never be the same. In theory. The rules will be voted on by...

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Sweden Calls on Europe to Pull the Plug on Bitcoin Mining
Sweden Calls on Europe to Pull the Plug on Bitcoin Mining
November 24, 2021  |  Bitcoin

Sweden’s financial and environmental regulators have called on the European Union to pull the plug on proof-of-work bitcoin mining due to the negative impact on...

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Brussels Proposes End to Banks’ Cross-Border Services Sales from Outside EU
Brussels Proposes End to Banks’ Cross-Border Services Sales from Outside EU
November 22, 2021  |  Cross-border Payments

Brussels has proposed an end to almost all cross-border selling of services by banks based outside the European Union, according to a Financial Times report...

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EU Finalizes Rules For Regulating Big Tech
EU Finalizes Rules For Regulating Big Tech
November 17, 2021  |  ANTITRUST

European Union lawmakers are moving forward with a plan to target Big Tech companies’ anticompetitive practices, the Financial Times (FT) reported. Brussels wants to make...

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EMEA Daily: Babylon Health Reports 371% Q3 Revenue Growth; Big Tech Firms Face Tough Week Following EU Clamp-Down
EMEA Daily: Babylon Health Reports 371% Q3 Revenue Growth; Big Tech Firms Face Tough Week...
November 14, 2021  |  Cross-border Payments

In top Europe, Middle East and Africa (EMEA) news, the U.K.’s Babylon Health reports 371% year-over-year revenue growth in the third quarter; Big Tech firms...

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EMEA Daily: Apple May Face EU Charges Over Blocking Rivals Access to iPhone NFC; Google Pledges $1B to Boost Internet, Startups in Africa
EMEA Daily: Apple May Face EU Charges Over Blocking Rivals Access to iPhone NFC; Google...
October 06, 2021  |  Cross-border Payments

In today’s top Europe, the Middle East and Africa (EMEA) news, the European Union could fine Apple $2.7 billion over its near-field communications (NFC) chip...

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Cabital Adds SEPA to Allow Customers To Change Between Euros and Cryptos
Cabital Adds SEPA to Allow Customers To Change Between Euros and Cryptos
September 21, 2021  |  Cryptocurrency

Digital assets institution Cabital has successfully met all mandatory regulatory and compliance requirements to add the European Union’s Single Euro Payments Area (SEPA) to its...

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