EMEA

Nigerian FinTech Grey Nets $2M for Cross-Border Payments
Nigerian FinTech Grey Nets $2M for Cross-Border Payments
August 29, 2022  |  Cross-border Payments

Nigeria-based FinTech Grey has raised $2 million in seed funding, toward its goal of simplifying the sending and receiving of foreign payments for Africans, a...

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CBDC Weekly: FIS Announces CBDC Virtual Lab; Nigeria Seeks eNaira Rollout Acceleration
CBDC Weekly: FIS Announces CBDC Virtual Lab; Nigeria Seeks eNaira Rollout Acceleration
August 29, 2022  |  CBDC

Financial services technology provider FIS recently announced the launch of a CBDC Virtual Lab that will give central banks, commercial banks and other financial participants the...

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Notting Hill Carnival Returns to London Amid High Consumer Costs, Record Inflation
Notting Hill Carnival Returns to London Amid High Consumer Costs, Record Inflation
August 29, 2022  |  POS Innovation

This week and for the first time since 2019, Londoners gathered for the annual Notting Hill carnival, a street festival and celebration of the city’s...

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SMBs See Measurable All-in-One Payments Benefits
SMBs See Measurable All-in-One Payments Benefits
August 29, 2022  |  B2B Payments

Measurable improvements to B2B transaction efficiency help explain why some small- to medium-sized businesses (SMBs) have decided to integrate all-in-one solutions into their accounts payable...

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Court Says Central African Republic’s Crypto Sales Are Unconstitutional
Court Says Central African Republic’s Crypto Sales Are Unconstitutional
August 29, 2022  |  Cryptocurrency

The Central African Republic’s top court has ruled that using government-backed cryptocurrency to purchase land, citizenship and “e-residency” goes against the country’s constitution. Get the...

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Irish Startup FixxFi Launches Credit Solution for Home, Auto Repairs
Irish Startup FixxFi Launches Credit Solution for Home, Auto Repairs
August 29, 2022  |  Loans

Irish FinTech company FixxFi has launched an embedded finance solution for the auto and home repair industries, the company announced in a news release Monday...

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Arab Bank Launches Products for Doctors
Arab Bank Launches Products for Doctors
August 29, 2022  |  Banking

The multinational Arab Bank has launched a banking package in Bahrain tailored to doctors’ banking requirements. The new package — “Tabeeb Plus” — will provide...

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Nigeria: Hotbed for Growing Q-Commerce Market in Africa
Nigeria: Hotbed for Growing Q-Commerce Market in Africa
August 29, 2022  |  Delivery

This month saw the launch of Jumia Food Mart in Nigeria, signaling the pan-African eCommerce giant’s first move into the quick-commerce space. Get the Full...

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Walmart to Delist Africa’s Massmart in Deal to Buy Out Retailer
Walmart to Delist Africa’s Massmart in Deal to Buy Out Retailer
August 29, 2022  |  Acquisitions

Walmart has struck a deal to fully acquire Massmart and purchase the shares it doesn’t already own for 62 rand ($3.65) each, with the deal...

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