EMEA

UK Telecoms Called Out as Bills Jump 17.3%
UK Telecoms Called Out as Bills Jump 17.3%
August 28, 2023  |  Economy

Great Britain’s telecom companies are under fire as consumers contend with Europe’s largest price hikes. As The Financial Times (FT) reported Monday (Aug. 28), those price increases...

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Binance to End Debit Cards for Users in Latam and Middle East
Binance to End Debit Cards for Users in Latam and Middle East
August 24, 2023  |  Cryptocurrency

Binance is ending its cryptocurrency-backed debit card in Latin America and the Middle East. The decision, the latest in a series of pullbacks by the crypto giant, was...

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Thales Debuts Cloud-Based Payment Service
Thales Debuts Cloud-Based Payment Service
August 22, 2023  |  Payment Methods

 French multinational tech firm Thales has unveiled a tool to help customers adopt a cloud-based payments infrastructure. Announced Tuesday (Aug. 22), the Thales payShield Cloud HSM is a...

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Europe’s Startups Stretched as VC Funding Falls 61% in First Half of ’23
Europe’s Startups Stretched as VC Funding Falls 61% in First Half of ’23
August 22, 2023  |  Startups

European startups are reportedly rethinking expansion amid a venture funding drought. As the Wall Street Journal reported Tuesday (Aug. 22), the struggle to find financing has become...

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Report: African FinTech Flutterwave Planning an IPO
Report: African FinTech Flutterwave Planning an IPO
August 22, 2023  |  IPO

 Nigerian payments company Flutterwave is reportedly planning to go public. In an interview with Bloomberg News published Tuesday (Aug. 22), the company’s chief executive said it is moving forward...

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Emirates Development Bank and Trade Capital Partners Collaborate on Supply Chain Financing
Emirates Development Bank and Trade Capital Partners Collaborate on Supply Chain Financing
August 17, 2023  |  Partnerships

Emirates Development Bank (EDB) has partnered with Trade Capital Partners (TCP) to offer supply chain finance and working capital solutions to small- to medium-sized businesses...

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UK Launches FinTech Fund Backed by Mastercard and Barclays
UK Launches FinTech Fund Backed by Mastercard and Barclays
August 16, 2023  |  Startups

The United Kingdom has taken a significant step to bolster its position as a global FinTech investment hub by launching a £1 billion investment fund,...

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MTN Group CEO: Open to Selling Up to 30% of FinTech Business
MTN Group CEO: Open to Selling Up to 30% of FinTech Business
August 15, 2023  |  Digital-First Banking

African telecommunications company MTN Group Ltd. is seeking to include up to three more strategic investors in its telecom unit, said MTN Group CEO Ralph Mupita....

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Crypto Trading Firm Bakkt Expands International Reach
Crypto Trading Firm Bakkt Expands International Reach
August 10, 2023  |  Cryptocurrency

Cryptocurrency company Bakkt Holdings is expanding its reach into five new international markets — Latin America, the United Kingdom, the European Union, Hong Kong and Australia —...

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