EMEA

Denmark’s FinTech Cardlay Closes $6M Financing Deal
Denmark’s FinTech Cardlay Closes $6M Financing Deal
March 11, 2022  |  Investments

The Danish FinTech B2B company Cardlay has received a $6 million cash infusion and hired a chief technical officer, the company announced Wednesday (March 9)....

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UK Banks, FinTechs Team up to Bring Belated Tech Boost to Loyalty Industry
UK Banks, FinTechs Team up to Bring Belated Tech Boost to Loyalty Industry
March 11, 2022  |  Loyalty & Rewards

Loyalty programs and reward schemes are very popular in the U.K., with a recent PYMNTS report revealing that about 40% of the U.K.’s 67 million...

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Decentralized Markets, Local Skills Boost B2B Wholesale eCommerce in Europe
Decentralized Markets, Local Skills Boost B2B Wholesale eCommerce in Europe
March 11, 2022  |  B2B Payments

Walking into a supermarket and purchasing grocery items all in one place is an easy and straightforward task for consumers. For businesses, however, purchasing supplies...

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Today in FinTech Ukraine: Ukraine Receives Almost $100M in Crypto Donations; Payment Platform Hedgewiz to Aid Ukrainian Workers; Airbnb.org Helps Refugees
Today in FinTech Ukraine: Ukraine Receives Almost $100M in Crypto Donations; Payment Platform Hedgewiz to...
March 10, 2022  |  International

As Ukrainians flee heavy fighting from Russian forces, the Eastern European nation has received nearly $100 million in cryptocurrency donations, according to Alex Bornyakov, Ukraine’s...

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EMEA Daily: McDonald’s Estimates Russian Eatery Shutdown Will Cost $50B Monthly; Visa, MLG Collaborate on Contactless Transit in North Africa
EMEA Daily: McDonald’s Estimates Russian Eatery Shutdown Will Cost $50B Monthly; Visa, MLG Collaborate on...
March 10, 2022  |  International

In today’s top Europe, Middle East and Africa news, McDonald’s chief financial officer has predicted the fast-food chain will lose $50 million per month, or...

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Lendable Valued at $4.5B Following $275M Fundraise
Lendable Valued at $4.5B Following $275M Fundraise
March 10, 2022  |  Investments

Consumer finance platform Lendable has raised $275 million in a funding round that valued the U.K. firm at $4.5 billion, the company said in a...

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New UK Provision to Hold Big Tech Responsible for Paid Ads From Fraudsters
New UK Provision to Hold Big Tech Responsible for Paid Ads From Fraudsters
March 10, 2022  |  Security & Fraud

Social media platforms and other Big Tech companies are facing new regulatory headwinds in online advertising, this time from the United Kingdom. The U.K. introduced...

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In Expanded Russia Sanctions, EU Suggests It Defines Cryptocurrencies as Securities
In Expanded Russia Sanctions, EU Suggests It Defines Cryptocurrencies as Securities
March 10, 2022  |  Cryptocurrency

In announcing an expansion and tightening of the sanctions imposed after the Russian invasion of Ukraine, the European Union may have inadvertently thrown a stick...

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Visa Closes Deal to Acquire European Open Banking Platform Tink for $2B
Visa Closes Deal to Acquire European Open Banking Platform Tink for $2B
March 10, 2022  |  Acquisitions

Visa has finalized its deal to purchase Tink, the Sweden-based open banking platform, for $2 billion, according to a Thursday (March 10) press release. Open...

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