EMEA

Social Commerce Unlocks Growth for Brands, FinTechs in Africa
Social Commerce Unlocks Growth for Brands, FinTechs in Africa
August 03, 2022  |  Social Commerce

From a socially oriented online phenomenon, Meta-owned platforms, Facebook, Instagram and WhatsApp, have grown to become a critical medium for doing business in emerging markets...

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UK High Streets See Renaissance Despite Growing eCommerce Push
UK High Streets See Renaissance Despite Growing eCommerce Push
August 03, 2022  |  Retail

Besides confirming the findings in PYMNTS’ recent “Global Digital Shopping Index” when it comes to differing payment methods used across Europe, a recent report by...

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Half a Million Poles Use Mortgage Holiday in First Two Days of Initiative
Half a Million Poles Use Mortgage Holiday in First Two Days of Initiative
August 03, 2022  |  Loans

In the first two days of Poland’s national “mortgage holiday” more than 500,000 Polish mortgage holders took advantage of the new law allowing them to...

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BNPL Provider Tabby Gets $150M Loan to Expand in MENA
BNPL Provider Tabby Gets $150M Loan to Expand in MENA
August 03, 2022  |  Buy Now Pay Later

United Arab Emirates-based online payments provider Tabby has secured $150 million in debt financing to support its growth and product expansion in the Middle East...

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Auxmoney Grabs $500M+ for Increased Peer-to-Peer Lending
Auxmoney Grabs $500M+ for Increased Peer-to-Peer Lending
August 03, 2022  |  Investments

German digital peer-to-peer lending platform Auxmoney raked in almost $508 million in investor funding that it will use to offer more consumer loans. According to...

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Just Eat Writes Down Grubhub Valuation by $3.1B on Order Declines
Just Eat Writes Down Grubhub Valuation by $3.1B on Order Declines
August 03, 2022  |  Delivery

Food delivery giant Just Eat Takeaway wrote down the value of its U.S.-based division Grubhub by 3 billion euros ($3.1 billion) as record-high inflation continues to constrain household budgets...

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ECB Cautions Against Quixotic Quests on Path to CBDC ‘Holy Grail’
ECB Cautions Against Quixotic Quests on Path to CBDC ‘Holy Grail’
August 03, 2022  |  CBDC

Holy Grail? Maybe. But: For cross-border payments, there may be a few paths to that Grail. The recent paper put forth by the European Central...

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Crypto Payments Still Rewarding for Some Users, Even as Headwinds Swirl
Crypto Payments Still Rewarding for Some Users, Even as Headwinds Swirl
August 03, 2022  |  Cryptocurrency

When SHOP.COM started taking crypto at checkout a year ago, the firm was pretty confident that existing customers would get onboard with the new way...

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New Data: Mobile Shopping Still Underutilized by UK Consumers Despite Merchant Efforts
New Data: Mobile Shopping Still Underutilized by UK Consumers Despite Merchant Efforts
August 03, 2022  |  Shopping

United Kingdom shoppers have yet to fully realize the power of the smartphone, as brick-and-mortar shoppers in the country use smartphones 16% less than consumers...

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