EMEA

Jingle Pay Launches Mastercard for Unbanked UAE Residents
Jingle Pay Launches Mastercard for Unbanked UAE Residents
November 29, 2022  |  Financial Inclusion

Jingle Pay has partnered with Mastercard to issue physical and virtual cards to users of its financial app. The Dubai-based FinTech said in a Tuesday...

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Ukraine’s Central Bank Details CBDC Project
Ukraine’s Central Bank Details CBDC Project
November 29, 2022  |  CBDC

Ukraine’s central bank is considering a central bank digital currency to let users trade cryptocurrency. According to a Monday (Nov. 28) news release from the...

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UK Looks to Hold Onto Global Finance Center Status
UK Looks to Hold Onto Global Finance Center Status
November 29, 2022  |  Digital-First Banking

The U.K. will amend its banking rules to help London remain a global finance hub. As Reuters reported Tuesday (Nov. 29), London city minister Andrew...

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Zilch Latest BNPL Firm to Lay Off Staff
Zilch Latest BNPL Firm to Lay Off Staff
November 29, 2022  |  BNPL

U.K.-based BNPL firm Zilch is reportedly laying off staff as it looks to cut costs. The Zilch layoffs, first reported in the Evening Standard on...

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Mangopay to Acquire Polish Anti-Fraud Tech Startup Nethone
Mangopay to Acquire Polish Anti-Fraud Tech Startup Nethone
November 29, 2022  |  Acquisitions

Mangopay, a Luxembourg-based FinTech that specializes in payment solutions for platforms and marketplaces, announced it is set to acquire Polish anti-fraud technology firm Nethone for...

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British Court Denies Mastercard Appeal in $19B Class-Action Lawsuit
British Court Denies Mastercard Appeal in $19B Class-Action Lawsuit
November 29, 2022  |  Legal

A British court has denied Mastercard’s appeal that’s part of a 16-billion-pound (about $19 billion) class-action suit. The ruling allows the estates of 3 million...

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Swift Sees Sign-Ups for Cross-Border Service Triple
Swift Sees Sign-Ups for Cross-Border Service Triple
November 29, 2022  |  Cross Border Commerce

Swift says sign-ups for its cross-border payments service have tripled since its 2021 launch. Swift Go, “which brings speed, transparency, and certainty” to payments of...

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MENA Food Retailers Tap Tech to Improve Supply Chain Inefficiencies
MENA Food Retailers Tap Tech to Improve Supply Chain Inefficiencies
November 29, 2022  |  Supply Chain

In Egypt, small firms, including mom-and-pop stores, make up about 90% of local food and grocery sector, with the “Walmarts and the Walgreens of Egypt...

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African Startups With Ties to FTX Face Heavy Losses, Uncertain Future
African Startups With Ties to FTX Face Heavy Losses, Uncertain Future
November 28, 2022  |  Cryptocurrency

Prior to its dramatic collapse earlier this month, the Bahamas-based cryptocurrency exchange FTX was preparing to debut an Africa-focused version of the platform that would...

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