EMEA

Plaid Hires Ex-Adyen Exec to Expand Open Finance in Europe
Plaid Hires Ex-Adyen Exec to Expand Open Finance in Europe
November 21, 2023  |  Personnel

Plaid has named former Adyen executive Brian Dammeir to oversee its European operations. Speaking to CNBC Monday (Nov. 20), he said the thing that excited him most about joining the...

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Spanish FinTech Fence Raises $2 Million for Debt Management Software
Spanish FinTech Fence Raises $2 Million for Debt Management Software
November 20, 2023  |  Investments

Spanish FinTech company Fence has reportedly raised 1.8 million euros (about $2 million) in its pre-seed financing round. The firm will use the new funding...

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Nexi to Integrate Payment Solutions Into Microsoft Products in Europe
Nexi to Integrate Payment Solutions Into Microsoft Products in Europe
November 20, 2023  |  Partnerships

European PayTech Nexi and Microsoft strengthened their partnership to drive the digitization of businesses and the European economy. The expanded collaboration, which builds upon one...

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Kyutai Launches as Europe’s First AI Open Research Lab
Kyutai Launches as Europe’s First AI Open Research Lab
November 17, 2023  |  artificial intelligence

Kyutai has launched as what it says is the first European private-initiative laboratory dedicated to open research in artificial intelligence (AI). The lab, co-founded by...

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Barclays Makes Indicative Bid for Tesco’s Banking Business 
Barclays Makes Indicative Bid for Tesco’s Banking Business 
November 17, 2023  |  Acquisitions

Barclays is reportedly considering the acquisition of Tesco’s banking operations.  Tesco, a British food retailer, has invited potential buyers to submit non-binding offers for Tesco Bank as...

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ECB President Christine Lagarde Says EU Needs Capital Markets Union 
ECB President Christine Lagarde Says EU Needs Capital Markets Union 
November 17, 2023  |  Europe

European Central Bank President Christine Lagarde said the European Union (EU) needs a “European SEC” that will replace the region’s currently fragmented supervision with a more top-down approach...

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France Vies to Host EU’s New Anti-Money Laundering Agency
France Vies to Host EU’s New Anti-Money Laundering Agency
November 17, 2023  |  AML

France is vying to host the European Union’s anti-money laundering (AML) agency, with French Finance Minister Bruno Le Maire presenting Paris as an ideal location...

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Plaid and YouLend Partnership Delivers 90% Approval Rate on Financing
Plaid and YouLend Partnership Delivers 90% Approval Rate on Financing
November 16, 2023  |  SMBs

A partnership of open banking network Plaid and embedded financing platform YouLend boosted the availability of capital to small- to medium-sized businesses (SMBs) in Europe....

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European Consumers Trust PayPal More Than Banks to Provide an Everyday App
European Consumers Trust PayPal More Than Banks to Provide an Everyday App
November 16, 2023  |  Mobile Applications

As more bill payments, purchases and subscriptions become parts of household routines, there is a growing desire among consumers for a unified, single, everyday app...

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