Germany

Eurozone Recession May Hint at What’s to Come for US
Eurozone Recession May Hint at What’s to Come for US
June 13, 2023  |  Economy

Slowed consumer spending led to a recession for the eurozone, stoking speculation of a global pullback. One consequence of a global economy is that when...

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Germany Digital Payment Growth May Pause as Country Enters Recession
Germany Digital Payment Growth May Pause as Country Enters Recession
June 13, 2023  |  Digital Payments

Ingrained faith in the physicality of banknotes has long driven German consumer behavior, as cash still accounts for an average 51% of all retail transactions as recently...

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German Regulator: Meta Will Give Users More Account Freedom
German Regulator: Meta Will Give Users More Account Freedom
June 07, 2023  |  Meta

Germany’s cartel office, the Bundeskartellamt, said Meta Platforms will give users more oversight of their accounts. “Meta has announced plans to introduce a new accounts center,” the regular said...

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GetYourGuide Raises $194 Million for AI-Powered Travel
GetYourGuide Raises $194 Million for AI-Powered Travel
June 01, 2023  |  Travel Payments

German travel platform GetYourGuide has raised $194 million to expand into North America. The company announced the equity and credit financing Thursday (June 1), saying it would allow it...

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FinTech Mollie Adds Terminal to Growing In-Person Payments Offering
FinTech Mollie Adds Terminal to Growing In-Person Payments Offering
May 24, 2023  |  Payment Methods

European FinTech Mollie has launched an in-person payments solution called Mollie Terminal. The introduction of Mollie Terminal is part of the company’s drive to enhance its in-person...

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Coinbase Expands Coinbase One Subscription Offering to UK, Germany, Ireland
Coinbase Expands Coinbase One Subscription Offering to UK, Germany, Ireland
May 18, 2023  |  Cryptocurrency

Coinbase has added boosted staking rewards to its Coinbase One subscription offering. The cryptocurrency exchange platform has also expanded the availability of Coinbase One from the United States...

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Berlin-Based InsurTech wefox Raises $110 Million to Build International Business
Berlin-Based InsurTech wefox Raises $110 Million to Build International Business
May 17, 2023  |  Insurance

Berlin-based InsurTech wefox has raised $110 million to further strengthen its insurance and distribution business. That total includes $55 million in a revolving credit facility from J.P....

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Airbnb Turns Attention to Affordability, Transparency and Overseas Expansion
Airbnb Turns Attention to Affordability, Transparency and Overseas Expansion
May 09, 2023  |  Earnings

Addressing some of the major issues that have slowed its roll through the pandemic and after, Airbnb is focusing on affordability and guest confidence in...

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EPI CEO Says Europe Ready for One Digital Wallet
EPI CEO Says Europe Ready for One Digital Wallet
May 08, 2023  |  Payment Methods

As regulators push for the development of instant payments, European Union countries continue to leverage preexisting economic relationships to advance faster payments across the region. ...

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