Europe

Europe
EMEA Daily: UK’s Financial Services Bill Will Make Stablecoins a Form of Payment; Swedish Telehealth...
July 21, 2022

In today’s top news from Europe, the Middle East and Africa (EMEA), Swedish HealthTech company Kry has raised over $160 million in a funding round. Plus, GoCardless and Xero have teamed to offer Instant Bank Pay to Xero’s U.K. customers, a U.K. bill may introduce...

Europe
PYMNTS GCC Series: Saudi Arabia, at the Intersection of Tech and Islamic Finance
July 20, 2022

In this final installment of the PYMNTS GCC series, we assess the FinTech space in the Kingdom of Saudi Arabia (KSA), the most populous country (close to 36 million) in the Gulf Cooperation Council (GCC), a union which also consists of Bahrain, Kuwait, Oman, Qatar...

Europe
EMEA Daily: EU Regulators Find New Evidence in Apple Antitrust Case; More Delivery Layoffs on...
July 20, 2022

In today’s top news from Europe, the Middle East and Africa (EMEA), eCommerce marketplace Wish has teamed up with parcel network Collect+, food delivery service Just Eat may eliminate hundreds of jobs in France due to “difficult market dynamics” and more. Get the Full Story...

Europe
PYMNTS GCC Series: Big Tech Firms Set Up Shop in Qatar
July 19, 2022

In this fifth installment in a PYMNTS series on the state of FinTech in the Gulf Cooperation Council (GCC) countries, we take a look at Qatar, one of the wealthiest countries in the world. According to data from the World Bank, the country had a...

Europe
EMEA Daily: Google Prepares for Digital Markets Act, Faces $1B Suit in UK Over App...
July 19, 2022

In today’s top news from Europe, the Middle East and Africa (EMEA), Google is facing a lawsuit over allegations that the Big Tech firm overcharged its customers, while FinTech Wise reports higher revenues as more people utilize their remittance services. Get the Full Story Complete...

Europe
EMEA Daily: Amazon Fresh UK Price Matches Tesco; Dutch Central Bank Hits Binance With $3.37M...
July 18, 2022

In today’s top news from Europe, the Middle East and Africa (EMEA), buy now, pay later (BNPL) regulations are likely coming to the European Union next year while the U.S. lags behind, U.K.-based digital bank Starling has withdrawn its EU banking license application and more....

Europe
EMEA Daily: Ping Express Pleads Guilty to Failing to Maintain Adequate AML Safeguards
July 15, 2022

In today’s top news from Europe, the Middle East and Africa (EMEA), Ping Express pleads guilty to anti-money laundering failings, plus Amazon adds new jobs in the U.K. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Europe
PYMNTS GCC Series: Still in Its Infancy, Oman FinTech Hub Shows Huge Potential for Growth
July 15, 2022

Often referred to as rentier states due to their dependence on oil revenue, Gulf Cooperation Council (GCC) countries — Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates (UAE) — have all set out economic transformation agendas to diversify their economies and reduce...

Europe
Croatia’s Adopting Euro May Be Silver Lining for Struggling Eurozone Economy
July 14, 2022

Earlier this week (July 12), the European Union Council officially approved Croatia’s entry into the eurozone, setting the stage for the euro currency to become legal tender in the country on Jan. 1, 2023. Get the Full Story Complete the form to unlock this article...