UK digital bank Monzo has been valued at $5 billion following a $430 million funding round. The round was led by Alphabet’s CapitalG group as well as Google Ventures, HongShan Capital and...
The European Commission has fined Apple 1.8 billion euros ($1.95 billion) for abusing its place in the music streaming market. The record fine, announced by the commission (EC) Monday (Mar....
Mastercard partnered with Loop, a digital payments technology company licensed by the Saudi Central Bank, to launch credit card and payment solutions in Saudi Arabia. Loop will use...
Nigeria reportedly detained two Binance executives as it increases pressure on the cryptocurrency sector. The executives were picked up by national security officers after arriving...
French payments firm Worldline is projecting slower growth this year as European consumers reduce spending. “With a strong focus on the execution of the transformation plan in...
Klarna’s annual report shows the Swedish FinTech’s revenues rising and losses narrowing during 2023. The report, released Wednesday (Feb. 28), comes as the buy now, pay later...
Finland-based payment processor Enfuce is expanding its operations in the United Kingdom. The FinTech said in a Tuesday (Feb. 27) press release that it received...
European regulators are taking a closer look at Microsoft’s new partnership with Mistral. The tech giant announced Monday (Feb. 26) that it planned to make...
Mobile eCommerce platform Wish has launched a new trade-in program for old technology. Beginning next month, customers in certain parts of Europe can trade in devices such as smartphones,...