EMEA

Allegro Expects eCommerce Market Growth Even as Consumers Trade Down
Allegro Expects eCommerce Market Growth Even as Consumers Trade Down
September 28, 2023  |  eCommerce

Much like their American counterparts, consumers in Poland are trading down. However, that apparently hasn’t stunted the growth of Allegro, that country’s largest eCommerce platform, as...

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BIS and Central Banks Complete Test of Cross-Border Trading of CBDCs
BIS and Central Banks Complete Test of Cross-Border Trading of CBDCs
September 28, 2023  |  CBDC

The Bank for International Settlements (BIS) and three central banks concluded a central bank digital currency (CBDC) project. Project Mariana was developed by three BIS...

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Flutterwave CEO: African Consumers Need Faster and Secure Payments to Thrive in the Digital Economy
Flutterwave CEO: African Consumers Need Faster and Secure Payments to Thrive in the Digital Economy
September 28, 2023  |  Global Payments

Nigeria, Africa’s largest economy, has all the tools for success in today’s connected global economy. But despite its economic prowess, restricted access to foreign currencies...

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French Startup Mistral AI Unveils Its First Generative AI Model
French Startup Mistral AI Unveils Its First Generative AI Model
September 27, 2023  |  Artificial Intelligence

French startup Mistral AI has unveiled its first generative artificial intelligence (AI) model. The company’s Mistral 7B is a “small-sized” model with 7 billion parameters,...

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Revio Raises $5.2 Million to Grow Africa-Focused Payments Orchestration Platform
Revio Raises $5.2 Million to Grow Africa-Focused Payments Orchestration Platform
September 27, 2023  |  Investments

Revio, a payment orchestration platform, secured $5.2 million in a seed round to tackle the challenges and opportunities in the African payment ecosystem. The funding...

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Uber Eats and Getir Partner on Grocery Delivery in Europe
Uber Eats and Getir Partner on Grocery Delivery in Europe
September 26, 2023  |  Partnerships

Uber Eats launched a partnership with Turkish ultrafast grocery delivery platform Getir. The collaboration lets customers in several European nations use Uber Eats to order...

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Chase UK to Block Cryptocurrency Transactions Amid Rising Fraud Concerns
Chase UK to Block Cryptocurrency Transactions Amid Rising Fraud Concerns
September 26, 2023  |  Cryptocurrency

Chase UK told customers that it will block them from making cryptocurrency transactions in a bid to protect them from the increasing number of frauds...

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EC Commissioner Says DMA Doesn’t Compromise Security and Privacy
EC Commissioner Says DMA Doesn’t Compromise Security and Privacy
September 26, 2023  |  Regulation

Following a recent meeting with Apple CEO Tim Cook, European Union (EU) Internal Market Commissioner Thierry Breton called on the tech giant to open up its ecosystem of hardware and software to...

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Dawn Capital Closes $700 Million Fund to Back B2B Software Startups in Europe
Dawn Capital Closes $700 Million Fund to Back B2B Software Startups in Europe
September 25, 2023  |  Investments

Dawn Capital has closed a $700 million fund aimed at backing the bustling software market. The British venture capital firm announced the fund Monday (Sept....

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