uk

BaaS Provider LHV UK Raises $38M to Pursue British Banking License

BaaS Provider LHV UK Raises $38M to Pursue British Banking License
BaaS Provider LHV UK Raises $38M to Pursue British Banking License
June 07, 2022  |  Investments

Banking-as-a-Service (BaaS) provider LHV UK has raised 30 million British pounds (about $38 million) to finance the creation of a new British bank, UK Tech...

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Online Car Seller Cazoo to Cut 15% of Staff
Online Car Seller Cazoo to Cut 15% of Staff
June 07, 2022  |  Europe

Online car retailer Cazoo said it will reduce about 15% of its workforce and slow new hiring in an effort to cut costs. Get the...

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Today in TechREG: FinCEN Proposes Rulemaking For New Enforcement Tool
Today in TechREG: FinCEN Proposes Rulemaking For New Enforcement Tool
June 06, 2022  |  Legal & Regulation

Today, a court in Australia found Google liable for defamatory videos posted on its YouTube platforms targeting a senior politician. The court ordered Google to...

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Plaid, Mollie Aim to Streamline EU Merchant Onboarding
Plaid, Mollie Aim to Streamline EU Merchant Onboarding
June 01, 2022  |  Partnerships

Data network Plaid is partnering with Dutch FinTech Mollie to make it easier for merchants across Europe and the United Kingdom to open online stores...

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EMEA Daily: UK Closer to New Online Ad Rules
EMEA Daily: UK Closer to New Online Ad Rules
May 31, 2022  |  Europe

In today’s top stories from Europe, the Middle East, and Africa, the U.K. is preparing new ad regulations that could affect companies like Google and...

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BNPL Startup Tranch Raises $4.4M, Partners With Yobata
BNPL Startup Tranch Raises $4.4M, Partners With Yobata
May 31, 2022  |  Investments

Buy now, pay later (BNPL) startup Tranch has secured 3.5 million British pounds (about $4.4 million) in funding and partnered with cloud-based FinTech Yobota to...

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The Data Point: 63% of Firms Want to Improve Cross-Border Payments for International Hires
The Data Point: 63% of Firms Want to Improve Cross-Border Payments for International Hires
May 31, 2022  |  Cross-border Payments

For all the harm caused by the pandemic, one bright spot is its impact on hiring, as remote work is now as accepted — if not...

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EMEA Daily: Israeli Blockchain Firm StarkWare Valued at $8B
EMEA Daily: Israeli Blockchain Firm StarkWare Valued at $8B
May 27, 2022  |  Europe

In today’s top stories from Europe, the Middle East and Africa, Israeli blockchain builder StarkWare sees its value rise to $8 billion after a $100...

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