EMEA

The Bank of London Raises $40M Series C Extension
The Bank of London Raises $40M Series C Extension
February 08, 2023  |  Investments

The Bank of London has topped up its Series C funding round with $40 million. With the fresh capital, announced in a Wednesday (Feb. 8) blog...

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Uber Launches Payout Solution for Unbanked Drivers in Egypt
Uber Launches Payout Solution for Unbanked Drivers in Egypt
February 08, 2023  |  Ridesharing

Uber has teamed up with HSBC to launch Flexpay, a new on-demand payout solution in Egypt. The two companies announced the launch in a joint...

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Flexible Leasing Options Drive Transition to Sustainable Mobility in Europe
Flexible Leasing Options Drive Transition to Sustainable Mobility in Europe
February 08, 2023  |  Subscription Commerce

Electric vehicles (EV) are driving the electrification of the European auto market. In the U.K., for example, 16% of all new car sales in 2022...

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Western Union CEO Sees Digital Driving Global Remittance Growth
Western Union CEO Sees Digital Driving Global Remittance Growth
February 07, 2023  |  Cross-border Payments

Digital platforms are continuing to revolutionize the remittances market, and Western Union is taking notice. The 172-year-old financial services company told investors during its fourth...

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Partech Raises $262M to Invest in African Tech Companies
Partech Raises $262M to Invest in African Tech Companies
February 07, 2023  |  Investments

Partech has closed its second Africa fund at 245 million euros (about $262 million). Partech Africa II is designed to support the next generation of...

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Saudi Arabia Builds Smart Warehouses to Meet Booming eCommerce Demand
Saudi Arabia Builds Smart Warehouses to Meet Booming eCommerce Demand
February 07, 2023  |  eCommerce

Saudi Arabia’s eCommerce sector is set to benefit from major investments in new smart warehouses. In the city of Jeddah, the Saudi Authority for Industrial...

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Neonomics Launches Open Banking Checkout Solution in Finland
Neonomics Launches Open Banking Checkout Solution in Finland
February 07, 2023  |  Payment Methods

Open banking provider Neonomics has launched its new online checkout solution in Finland. The Oslo-based FinTech announced the expansion of its open banking-powered payment solution...

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EMEA FinTechs Step up to Plug Small Business Finance Gap
EMEA FinTechs Step up to Plug Small Business Finance Gap
February 07, 2023  |  SMBs

In an area once dominated by banks, EMEA FinTechs are now major SMB lenders. Across Europe, Middle East and Africa (EMEA) region, a generation of...

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Microsoft to Launch New Cloud Region in Saudi Arabia
Microsoft to Launch New Cloud Region in Saudi Arabia
February 07, 2023  |  Big Data

Microsoft will launch a new cloud data center region in the Kingdom of Saudi Arabia (KSA). In a statement published on Monday (Feb. 7), Microsoft...

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