EMEA

ZeroQs Secures $496,000 to Expand Smart Shopping Cart Tech
ZeroQs Secures $496,000 to Expand Smart Shopping Cart Tech
January 30, 2024  |  Investments

Warsaw-based retail startup ZeroQs has reportedly secured 457,000 euros (about $496,000) in funding from Freya Capital. The firm will use the new funding to further develop its smart...

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Delivery Hero Sells $97 Million Stake in Deliveroo
Delivery Hero Sells $97 Million Stake in Deliveroo
January 30, 2024  |  Delivery

Delivery Hero has sold its 4.5% stake in British food ordering platform Deliveroo. The Berlin-based company announced the $97 million sale of its 68 million shares in...

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EU Regulator Proposes New Rules For Foreign Crypto Firms
EU Regulator Proposes New Rules For Foreign Crypto Firms
January 29, 2024  |  Cryptocurrency

A European regulator has proposed new rules for cryptocurrency companies headquartered outside of the bloc. The European Securities and Markets Authority (ESMA) introduced regulations Monday (Jan. 29) that...

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Visa Invites Applications for FinTech Accelerator Program in Africa
Visa Invites Applications for FinTech Accelerator Program in Africa
January 29, 2024  |  Startups

Visa launched the second cohort for its Africa FinTech Accelerator program. The program aims to provide mentorship, training and networking opportunities to startups in Africa, the digital payments firm said...

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UK Treasury: ‘Privacy Is Paramount’ in Digital Pound Decision
UK Treasury: ‘Privacy Is Paramount’ in Digital Pound Decision
January 25, 2024  |  CBDC

The Bank of England and the British Treasury remain undecided on the digital pound. But a new report by the two institutions makes two things...

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Lloyds Slashes Jobs as Banking Customers Shift to Digital
Lloyds Slashes Jobs as Banking Customers Shift to Digital
January 25, 2024  |  Banking

Lloyds Bank is reportedly eliminating 1,600 jobs amid an increased focus on digital banking. The British lender also plans to create 830 new jobs for its “relationship growth” team...

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Mondu Raises $33 Million to Expand B2B BNPL in Europe
Mondu Raises $33 Million to Expand B2B BNPL in Europe
January 25, 2024  |  Investments

B2B payment solutions provider Mondu has raised an additional 30 million euros ($33 million). This new debt financing from Vereinigte Volksbank Raiffeisenbank eG adds to 20 million...

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Apple Fees Could Be Harbinger for Big Tech Ahead of EU Digital Markets Act Deadline
Apple Fees Could Be Harbinger for Big Tech Ahead of EU Digital Markets Act Deadline
January 24, 2024  |  Regulation

For Apple, the opening of the ecosystem proceeds apace in Europe. With it, however, comes the potential to realize some additional revenue streams. And what...

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Spotify to Launch In-App Shopping in EU, Enabled by DMA Rollout
Spotify to Launch In-App Shopping in EU, Enabled by DMA Rollout
January 24, 2024  |  eCommerce

Spotify will launch in-app shopping on iPhones in the European Union (EU) on March 7.  This new offering is enabled by the rollout of the EU’s Digital...

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