europe

B2B eCommerce Platform Fashion Cloud Raises $26.6M 
B2B eCommerce Platform Fashion Cloud Raises $26.6M 
December 15, 2022  |  eCommerce

B2B eCommerce platform Fashion Cloud has raised €25 million (about $26.6 million).  The B2B software solution for the European fashion wholesale industry said in a...

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Europe’s Hospitality Tech Companies See Strong Funding Week
Europe’s Hospitality Tech Companies See Strong Funding Week
December 15, 2022  |  Investments

A string of funding rounds has highlighted a boom for European hospitality tech companies. As restaurants and hotels increasingly digitize their operations, investors are backing...

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Middle East Becomes IPO Oasis Amid Cooling Financial Markets
Middle East Becomes IPO Oasis Amid Cooling Financial Markets
December 14, 2022  |  IPO

The Middle East has become a bright spot among financial markets as IPO activity declines. Initial public offerings (IPOs) in that part of the world...

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Investment Bank Layoffs Hit Europe’s Financial Centers
Investment Bank Layoffs Hit Europe’s Financial Centers
December 13, 2022  |  Personnel

U.S. bank Citi is the latest investment bank to axe staff in Europe. Joining the likes of Deutsche Bank and Credit Suisse, Reuters reported earlier...

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Checkout.com Cuts Internal Valuation to $11B
Checkout.com Cuts Internal Valuation to $11B
December 13, 2022  |  Digital Payments

Payments platform Checkout.com has reportedly reduced its internal tax valuation to around $11 billion. The reduction at the London-based company, as reported by the Financial...

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VC Investors Eye European B2B Software Firms
VC Investors Eye European B2B Software Firms
December 08, 2022  |  Investments

In the past week, venture capital (VC) investors have been focused on European software developers. London-based VC firm One Peak announced on Tuesday (Dec. 6)...

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EU Tech Sector Sees $400B in Market Cap Wiped Out
EU Tech Sector Sees $400B in Market Cap Wiped Out
December 07, 2022  |  Investments

Europe’s tech sector saw $400 billion in value erased this year. That’s according to a new report by the London-based venture capital (VC) firm Atomico,...

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EU Banks Dial Back Lending
EU Banks Dial Back Lending
December 04, 2022  |  Loans

Europe’s banks will likely reduce lending next year as the region dips into a recession. That’s according to a Sunday (Dec. 4) Financial Times report,...

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ACI Worldwide Teams With NTT to Promote LatAm/EU eCommerce
ACI Worldwide Teams With NTT to Promote LatAm/EU eCommerce
November 21, 2022  |  eCommerce

Payments software provider ACI Worldwide and technology company NTT Data have joined forces to offer expanded eCommerce services to merchants in Latin America and Europe....

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