EMEA

Apax Partners Acquires HR/Payroll Firm Zellis Group
Apax Partners Acquires HR/Payroll Firm Zellis Group
April 15, 2024  |  Acquisitions

Private equity group Apax Partners will acquire HR/payroll software firm Zellis from Bain Capital. “Zellis is a recognised leader in the payroll and HR software market, a sector that we...

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UK Drafting AI Regulations, But Not Rushing to Introduce Them
UK Drafting AI Regulations, But Not Rushing to Introduce Them
April 15, 2024  |  artificial intelligence

The United Kingdom has reportedly begun to draft regulations to govern artificial intelligence (AI). Policy officials are in the early stages of drafting legislation, but...

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Zopa CEO Doubts UK FinTechs Will Go Public This Year
Zopa CEO Doubts UK FinTechs Will Go Public This Year
April 15, 2024  |  IPO

British digital bank Zopa is profitable and getting closer to going public.  But CEO Jaidev Janardana told the Financial Times (FT) Monday (April 15) that while the company...

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Revolut Investor Says FinTech’s Value Has Jumped 45%
Revolut Investor Says FinTech’s Value Has Jumped 45%
April 15, 2024  |  Digital Banking

A Revolut investor reportedly believes the FinTech’s value has climbed 45% since last year. An investment trust overseen by Schroders has upped its stake in the British company, from 7.88 million...

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Germany to Deliver Benefits Via Payment Cards Rather Than Cash
Germany to Deliver Benefits Via Payment Cards Rather Than Cash
April 12, 2024  |  Disbursements

The German parliament approved legislation Friday (April 12) that calls for benefits to be delivered to asylum seekers on payment cards rather than cash.  This...

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CFPB and EU Eye Consumer Risks of BNPL, AI and Digital Payments
CFPB and EU Eye Consumer Risks of BNPL, AI and Digital Payments
April 11, 2024  |  CFPB

Consumer protection officials for the United States and the European Commission have met to discuss three shared priorities: buy now, pay later (BNPL), digital payments...

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European Retailers Awake to the Click-and-Mortar™ Shoppers
European Retailers Awake to the Click-and-Mortar™ Shoppers
April 10, 2024  |  Retail

Last week, Intersport Deutschland, Germany’s largest sports retailer, announced plans to open 100 new retail storefronts across the country over the next six years, bringing...

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EU Leaders Seek Reforms to Attract Private Capital
EU Leaders Seek Reforms to Attract Private Capital
April 09, 2024  |  International

European Union (EU) leaders reportedly aim to harmonize the member nations’ bankruptcy and corporate tax laws. The leaders will call for this and other changes during...

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Wirex Plans Decentralized Autonomous Organization for WPay Platform
Wirex Plans Decentralized Autonomous Organization for WPay Platform
April 09, 2024  |  Digital Payments

Wirex says it is creating a decentralized autonomous organization (DAO) for its payment platform WPay. The project is designed to give users the opportunity to play a...

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