German grocery delivery app Gorillas will lay off 300 workers — a move that halves its administrative staff — as the company moves its focus...
Berlin-based Earlybird Venture Capital has closed its seventh early-stage fund from its Digital West investment team at a cap of 350 million euros (about $370...
Officials from the U.S. and Germany have reportedly seized what they said was the world’s largest and most prominent darknet market, the Hydra Market, which...
As more consumers begin using buy now, pay later (BNPL) offerings, regulators will not be far behind. Regulatory bodies have an interest in ensuring that...
Berlin-based FinTech Kadmos has closed an 8.3 million euro (about $9.1 million) seed funding round, the startup announced Thursday (March 24). Kadmos said in a...
A German court has opened class-action style legal proceedings against accounting firm Ernest & Young LLP (EY) to hear cases from investors in defunct payment...
German express delivery startup Gorillas finalized the closing of its first acquisition deal for the French delivery start-up Frichti for undisclosed terms, according to multiple...
In today’s top Europe, Middle East, and Africa news, South African telecom MTN is seeking minority investors after separating its FinTech unit from its traditional...
Capnamic Ventures, the German-based early-stage investor, announced its latest capital fund totaling $215 million Thursday (March 3). The company said the money will focus on...