EMEA

Grubhub Parent Focused on Profitability Amid Slump in Orders and Spending
Grubhub Parent Focused on Profitability Amid Slump in Orders and Spending
January 18, 2023  |  Aggregators

With aggregators increasingly operating at a profit, those that are not may get left behind. In the past couple of quarters, Just Eat Takeaway.com has...

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Sen. Wyden: Money Transfer Surveillance Program Larger Than Previously Reported
Sen. Wyden: Money Transfer Surveillance Program Larger Than Previously Reported
January 18, 2023  |  Data

The amount of money transfer data available to law enforcement is larger than previously reported. The database includes 150 million such transfers from the United...

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Finance App Anyfin Raises $30M as Consumers Tighten Belts
Finance App Anyfin Raises $30M as Consumers Tighten Belts
January 18, 2023  |  Investments

Swedish loan refinancing app Anyfin is reportedly looking to expand after raising $30 million. The funding will allow Anyfin to broaden its offering and expand...

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Cazoo Targets Higher Margins as Used Car Market Shrinks
Cazoo Targets Higher Margins as Used Car Market Shrinks
January 18, 2023  |  Earnings

Cazoo has revealed plans to shake up its U.K. business. In a Wednesday (Jan. 18) earnings statement, the online auto seller announced a revised strategic...

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BNPL Firm Tabby Raises $58M Series C for Expansion
BNPL Firm Tabby Raises $58M Series C for Expansion
January 18, 2023  |  Buy Now Pay Later

Dubai-based FinTech Tabby has raised $58 million in a Series C funding round. Sequoia Capital India, STV, PayPal Ventures, Mubadala Investment Capital, Arbor Ventures, and...

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Incoming Payments Fraud Costs Companies Millions Every Year
Incoming Payments Fraud Costs Companies Millions Every Year
January 18, 2023  |  B2B Payments

Fraud is both costly and common. In the last two years, 52% of companies with at least $10 billion in revenue experienced some sort of...

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Portugal’s Bison Bank, Sygnum Launch Fully Regulated B2B Crypto Offering
Portugal’s Bison Bank, Sygnum Launch Fully Regulated B2B Crypto Offering
January 17, 2023  |  Cryptocurrency

Portuguese regulators have granted the country’s first central bank-issued crypto license to Bison Bank. That’s according to a company press release published Tuesday (Jan. 17)...

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TikTok Joins Ranks of Tech Firms Facing EU Privacy Crackdown
TikTok Joins Ranks of Tech Firms Facing EU Privacy Crackdown
January 17, 2023  |  Regulation

A five million euro fine for privacy violations welcomes TikTok to an expensive club. It’s not the first time the Chinese company has been fined...

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Take-Private, Bolt-On Deals Provide Shelter From Underperforming European Markets
Take-Private, Bolt-On Deals Provide Shelter From Underperforming European Markets
January 17, 2023  |  Investments

European private equity (PE) dealmaking defied economic headwinds in 2022. In general, dealmaking was characterized by smaller but more numerous deals, as checks and valuations...

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