EMEA

Krea and Klarna Tout Success of SME Loan Program
Krea and Klarna Tout Success of SME Loan Program
October 26, 2022  |  Loans

Swedish FinTechs Krea and Klarna said Wednesday (Oct. 26) that their partnership has helped small and medium-sized enterprises (SMEs) in that country receive larger loan...

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Barclays Backs Illuminate’s Latest Investment Vehicle
Barclays Backs Illuminate’s Latest Investment Vehicle
October 26, 2022  |  Partnerships

Illuminate Financial, the London-based venture capital firm which specializes in FinTech investments, has announced an expansion of its partnership with Barclays. Get the Full Story...

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Four Countries Test Multi-CBDC Arrangement
Four Countries Test Multi-CBDC Arrangement
October 26, 2022  |  CBDC

The Bank for International Settlements (BIS) on Wednesday (Oct. 26) published a report on Project mBridge, a four-nation collaborative pilot for cross-border central bank digital...

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Trigo Raises $100M as Investors See Room for Improvement in Cashierless Checkout
Trigo Raises $100M as Investors See Room for Improvement in Cashierless Checkout
October 26, 2022  |  Technology

Israel-based frictionless checkout tech provider Trigo announced Wednesday (Oct. 26) that it has raised $100 million that it intends to use to take in existing...

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New EU Instant Payment Rules to Bolster Mainstream Open Banking Adoption
New EU Instant Payment Rules to Bolster Mainstream Open Banking Adoption
October 26, 2022  |  Faster Payments

The European Commission (EC) published a draft proposal on Wednesday (Oct. 26) intended to force banks and payment service providers (PSPs) to offer 24/7 instant...

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eNaira’s First Anniversary Holds Lessons for CBDC Boosters
eNaira’s First Anniversary Holds Lessons for CBDC Boosters
October 26, 2022  |  CBDC

If there’s one lesson to take away from the first anniversary of Nigeria’s struggling eNaira central bank digital currency (CBDC), it’s that China has shown...

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Worldline Acquires SoftPos to Tap Into Contactless Payment Demand
Worldline Acquires SoftPos to Tap Into Contactless Payment Demand
October 26, 2022  |  Acquisitions

French payments services firm Worldline has purchased a 55% stake in SoftPos, a Polish FinTech, the company announced Wednesday (Oct. 26). Get the Full Story...

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African Corporates Turn to Marketplaces to Control Strategic Spend
African Corporates Turn to Marketplaces to Control Strategic Spend
October 26, 2022  |  Supply Chain

When it comes to corporate procurement, managing tail spending — smaller purchases that make up the bulk of transactions but only account for a small...

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Russia’s Tech Brain Drain Provides Eastern European Startups Opportunity For Brain Gain
Russia’s Tech Brain Drain Provides Eastern European Startups Opportunity For Brain Gain
October 25, 2022  |  emea

While Western European countries have long dominated the region’s venture capital (VC) landscape, Central and Eastern Europe (CEE) is fast emerging as a hotbed of...

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