EMEA

European Central Bank Member Calls for Easier Cross-Border Bank Mergers
European Central Bank Member Calls for Easier Cross-Border Bank Mergers
May 29, 2024  |  Banking

European Central Bank (ECB) governing council member Françoise Villeroy de Galhau reportedly said Wednesday (May 29) that mergers of banks in different European countries should...

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Kintsugi Raises $6 Million to Further Develop Tax Automation Platform
Kintsugi Raises $6 Million to Further Develop Tax Automation Platform
May 29, 2024  |  Investments

Kintsugi raised $6 million in a Series A funding round to further develop its tax automation platform. The round, which valued the company at $40...

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Elavon and Woo Partner on Online Payments for European Businesses
Elavon and Woo Partner on Online Payments for European Businesses
May 29, 2024  |  Partnerships

Elavon and Woo partnered to facilitate online payments for small- to medium-sized businesses (SMBs) in Europe. With this collaboration, Elavon’s payment extension will be integrated...

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Mistral AI Targets US Market With Open-Source Models
Mistral AI Targets US Market With Open-Source Models
May 28, 2024  |  Artificial Intelligence

France’s Mistral AI, a European developer of generative artificial intelligence tools, has reportedly set its sights on the U.S. market. The startup hired Marjorie Janiewicz,...

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BaFin to Lift Growth Restrictions on N26
BaFin to Lift Growth Restrictions on N26
May 28, 2024  |  Bank Regulation

European digital bank N26 reports that Germany’s Federal Financial Supervisory Authority (BaFin) has lifted its growth restrictions on the company, effective June 1. This move...

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Rows Raises $8.7 Million to Expand AI-Powered Spreadsheet App
Rows Raises $8.7 Million to Expand AI-Powered Spreadsheet App
May 27, 2024  |  Investments

Rows has raised 8 million euros (about $8.7 million) to expand its cloud-based, artificial intelligence (AI)-powered spreadsheet app. “There’s never been a better time to...

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Could France Lead the EU’s Digital Comeback?  
Could France Lead the EU’s Digital Comeback?  
May 27, 2024  |  Fintech Investments

After starting the year at a five-year low, France may be in a position to lead venture investment in the EU out of the dark...

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European Retailers Say Google Search Changes Favor Online Aggregators
European Retailers Say Google Search Changes Favor Online Aggregators
May 24, 2024  |  Google

The European Union (EU) is currently facing concerns from lobbying groups representing airlines, hotels and retailers regarding Google’s proposed search changes. These groups are urging EU tech regulators...

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Mastercard and African Development Bank Group to Provide Digital Identities
Mastercard and African Development Bank Group to Provide Digital Identities
May 24, 2024  |  Digital Identity

Mastercard and the African Development Bank Group formed an alliance to provide digital access to critical services to 100 million people and businesses in Africa over the next 10 years....

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