EMEA

Profishop Nets $35M to Expand Its B2B Supply Storefront
Profishop Nets $35M to Expand Its B2B Supply Storefront
March 20, 2022  |  Investments

Profishop, which sells equipment for business and industry directly from manufacturers, has announced $35 million in new funding, which it plans to use to expand,...

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National Bank of Egypt, Others Launch Nclude Venture Fund Aimed at Young Innovators
National Bank of Egypt, Others Launch Nclude Venture Fund Aimed at Young Innovators
March 20, 2022  |  International

Egypt’s largest national banks, Banque Misr, National Bank of Egypt and Banque du Caire, have launched a new venture fund called Nclude, the banks announced...

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EMEA Daily: US Investor Eyes Purchase of British Retailer Ted Baker; Apple May Try to Delay EU App Store Bill Implementation
EMEA Daily: US Investor Eyes Purchase of British Retailer Ted Baker; Apple May Try to...
March 18, 2022  |  International

In today’s top Europe, Middle East, and Africa news, New York private equity firm Sycamore Partners is considering a cash offer for U.K. fashion retailer...

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In About-Face, Russia’s Central Bank Issues Crypto Licenses
In About-Face, Russia’s Central Bank Issues Crypto Licenses
March 18, 2022  |  Cryptocurrency

On March 17, Russia’s Sberbank announced it had received a license from the Bank of Russia to run a cryptocurrency exchange and even launch its...

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Deliveroo Lays Out Timeline to Profitability, Leverages Ghost Kitchens, Dark Stores
Deliveroo Lays Out Timeline to Profitability, Leverages Ghost Kitchens, Dark Stores
March 18, 2022  |  Delivery

As most on-demand food delivery aggregators continue to operate at a loss, Deliveroo is gearing up to reach profitability within the next two years or...

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British Retailer Ted Baker Could Be Purchased by US Investor
British Retailer Ted Baker Could Be Purchased by US Investor
March 18, 2022  |  Retail

Sycamore Partners, the New York private equity firm specializing in retail investments, is considering a cash offer for Ted Baker, the United Kingdom fashion retailer,...

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Apple Could Play This Card to Delay Implementation of EU App Store Bill
Apple Could Play This Card to Delay Implementation of EU App Store Bill
March 18, 2022  |  Apple

Apple is facing regulatory headwinds that may threaten its App Store revenue. However, the Cupertino, California-based company still has some legal arguments that could help...

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21 Crypto Firms Still Awaiting FCA Approval
21 Crypto Firms Still Awaiting FCA Approval
March 18, 2022  |  Cryptocurrency

Time is running out for cryptocurrency businesses looking to get approval to operate in the U.K. As the Financial Times reported Friday (March 18), the...

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Embedded Finance Streamlines Expense Management for EU SMEs
Embedded Finance Streamlines Expense Management for EU SMEs
March 18, 2022  |  SMBs

Automation and artificial intelligence (AI) have transformed the way businesses operate, serve customers, market products and even conduct research, resulting in increased productivity and improved...

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