EMEA

Standard Bank Looks to Expand Amid Rising Competition in South Africa
Standard Bank Looks to Expand Amid Rising Competition in South Africa
August 19, 2022  |  Banking

South Africa’s largest lender wants to use its position to expand its business banking services amid increasing competition. As Bloomberg News reported Friday (Aug. 19),...

READ MORE >
UK FCA OKs Future Fintech’s Purchase of London Money Transfer Firm
UK FCA OKs Future Fintech’s Purchase of London Money Transfer Firm
August 19, 2022  |  Acquisitions

The U.K. subsidiary of blockchain app tech developer Future FinTech Group (FTFT) has gotten permission from the Financial Conduct Authority (FCA) to acquire money transfer firm Khyber Money...

READ MORE >
Nigerian B2B eCommerce Firm Omnibiz Raises $15M, Plans to Expand
Nigerian B2B eCommerce Firm Omnibiz Raises $15M, Plans to Expand
August 19, 2022  |  B2B Payments

Nigerian B2B eCommerce company Omnibiz has raised $15 million in a pre-Series A funding round and said it plans to expand further in the region....

READ MORE >
Growth in Europe Slows but EMEA Remains Key Region for Adyen
Growth in Europe Slows but EMEA Remains Key Region for Adyen
August 18, 2022  |  Earnings

Stock market jitters are no joke. As a case in point, upon the release of Adyen’s first-half results on Thursday (Aug. 18), the company’s shares...

READ MORE >
UK’s 10% Inflation Rates Stretch Consumers’ Paychecks and Patience
UK’s 10% Inflation Rates Stretch Consumers’ Paychecks and Patience
August 18, 2022  |  Personal Finance

Amid soaring inflation and rising food and fuel prices, terms like financial literacy and spend management have emerged as some of the biggest buzzwords in...

READ MORE >
B2B Marketplace Shoptreo Connects African Artisans, Retailers
B2B Marketplace Shoptreo Connects African Artisans, Retailers
August 18, 2022  |  eCommerce

Aiming to make it easier for entrepreneurs to sell African-made products throughout Africa, Nigerian startup Shoptreo is offering an online B2B marketplace that connects the...

READ MORE >
Lloyds Bank Completes UK’s First Digital Promissory Note Purchase
Lloyds Bank Completes UK’s First Digital Promissory Note Purchase
August 18, 2022  |  Digital Payments

Lloyds Bank has done the first transaction in the U.K. making use of a digital promissory note purchase, a press release said. Lloyds successfully debuted...

READ MORE >
Nigeria Aims for 8M eNaira Users as Crypto Adoption Grows
Nigeria Aims for 8M eNaira Users as Crypto Adoption Grows
August 18, 2022  |  Cryptocurrency

Since launching its digital currency last October, Nigeria has seen 840,000 people use the eNaira, and the country is now looking to get that number...

READ MORE >
UAE Attracts $700M in H1 2022 Investment, Maintains Position as MENA’s VC Capital
UAE Attracts $700M in H1 2022 Investment, Maintains Position as MENA’s VC Capital
August 18, 2022  |  emea

One of the biggest Middle East and North Africa (MENA) economies, the United Arab Emirates (UAE), has cemented its position as the leading destination for...

READ MORE >