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Papara Becomes Turkey’s First FinTech Unicorn With Beka Finance Deal

Papara Becomes Turkey’s First FinTech Unicorn With Beka Finance Deal
Papara Becomes Turkey’s First FinTech Unicorn With Beka Finance Deal
July 12, 2023  |  Digital Payments

Papara has become Turkey’s first FinTech unicorn company. The achievement — reaching a valuation over $1 billion — follows a major deal with Spain’s Beka...

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Orange to Exit Banking Business and Partner With BNP Paribas
Orange to Exit Banking Business and Partner With BNP Paribas
June 28, 2023  |  Banking

French telecom Orange plans to exit the retail banking business in France and Spain. The firm, which launched Orange Bank in 2017, is in exclusive talks with BNP Paribas to have that...

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Modulr Expands Embedded Payments Offerings to France and Spain
Modulr Expands Embedded Payments Offerings to France and Spain
June 21, 2023  |  Digital Payments

Modulr has reportedly expanded its embedded payments offerings to France and Spain. With this expansion and a layer of localization, French and Spanish firms can use...

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Alibaba to Bring Tmall eCommerce Site to Europe
Alibaba to Bring Tmall eCommerce Site to Europe
June 15, 2023  |  eCommerce

Alibaba, the Chinese eCommerce behemoth, is planning to expand its Tmall eCommerce site to Europe, according to Michael Evans, president of Alibaba Group. Speaking at...

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Neobank N26 Debuts Interest-Bearing Savings Account in Spain
Neobank N26 Debuts Interest-Bearing Savings Account in Spain
May 16, 2023  |  Banking

Neobank N26 has launched a savings account in Spain as it weathers a turbulent period. The new Instant Savings account, announced Tuesday (May 26), offers eligible customers...

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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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Amazon Enables Sellers to Add 9 European Stores
Amazon Enables Sellers to Add 9 European Stores
April 19, 2023  |  Retail

Amazon now enables sellers to expand their business more quickly to its nine European stores. The new European Expansion Accelerator allows sellers who already sell in at least...

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Societe Generale and Lemonway Team on B2B Marketplace Effort
Societe Generale and Lemonway Team on B2B Marketplace Effort
April 11, 2023  |  B2B Payments

Societe Generale has teamed with payments firm Lemonway to help European companies launch B2B marketplaces. “Large corporates are accelerating their digital transformation, which has become vital for their...

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