EMEA

Transferz Raises $7M to Streamline Pre-Booked Ground Transportation
Transferz Raises $7M to Streamline Pre-Booked Ground Transportation
February 15, 2023  |  Investments

Transferz has raised 6.5 million euros (about $7 million) to expand its B2B mobility platform for pre-booked ground transportation. The company’s platform connects travel brands...

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Kering Says China’s COVID Restrictions Slowed Luxury Sales
Kering Says China’s COVID Restrictions Slowed Luxury Sales
February 15, 2023  |  Retail

Global luxury group Kering ran into headwinds during the fourth quarter. The group recorded a year-over-year decline in sales of 7% on a comparable basis...

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Cashierless Checkout Is Retail’s Next Normal
Cashierless Checkout Is Retail’s Next Normal
February 15, 2023  |  Retail

The pandemic has had an irrevocable impact on in-store retail. Customers who first pivoted to new and expanded checkout options to observe social distancing measures...

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UK Edges Closer to BNPL Regulation as Consultation Kicks Off
UK Edges Closer to BNPL Regulation as Consultation Kicks Off
February 15, 2023  |  BNPL

The U.K. has launched a long-awaited consultation aimed at regulating the BNPL sector. The eight-week consultation, which started Tuesday (Feb. 14) and was announced by...

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Ampler and Kõu Merge to Expand Micromobility in Estonia
Ampler and Kõu Merge to Expand Micromobility in Estonia
February 14, 2023  |  Partnerships / Acquisitions

Estonian micromobility companies Ampler and Kõu Mobility have decided to merge. The companies inked an investment and share-swap agreement that makes Kõu the new majority...

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Switzerland’s Taurus Raises $65M to Grow Digital Asset Platform
Switzerland’s Taurus Raises $65M to Grow Digital Asset Platform
February 14, 2023  |  Payment Methods

Taurus has raised $65 million in a Series B round to grow its digital asset platform. The provider of digital asset infrastructure for financial institutions in...

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UK Unemployment Rate Remains Low as ‘Uncertainty’ Grows
UK Unemployment Rate Remains Low as ‘Uncertainty’ Grows
February 14, 2023  |  Economy

Even in the face of a recession, the U.K.’s labor market remains extremely tight. Figures released Tuesday (Feb. 14) by the country’s Office of National...

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Visa and Tingo Debut Super App for Africa’s Farmers
Visa and Tingo Debut Super App for Africa’s Farmers
February 14, 2023  |  Financial Inclusion

Nigerian Agri-FinTech company Tingo has teamed with Visa to launch digital payment offerings in Africa. The partnership, announced in a Tuesday (Feb. 14) news release,...

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Italy’s Mobile Wallet Use Rises, Despite Government Cash Chaos
Italy’s Mobile Wallet Use Rises, Despite Government Cash Chaos
February 14, 2023  |  Payment Methods

PYMNTS’ Q3 2022 ConnectedEconomy™ Index, “How the World Does Digital,” finds that consumers globally are increasingly incorporating digital tools, transactions and activities into their daily...

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