EMEA

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. Get the...

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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

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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

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Cazoo ‘Laser-Focused on Profitability’ as Shares Surge Nearly 200% Post Upbeat Q2 Results
Cazoo ‘Laser-Focused on Profitability’ as Shares Surge Nearly 200% Post Upbeat Q2 Results
August 02, 2022  |  eCommerce

Investors’ tendency to slash the valuations of unprofitable businesses when the macroeconomic winds aren’t blowing their way is understandable. But for companies that are feeling...

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The Saudi Sandbox Revolution: How Experimentation Is Driving Innovation in the KSA
The Saudi Sandbox Revolution: How Experimentation Is Driving Innovation in the KSA
August 02, 2022  |  Technology

PYMNTS recently reported on the state of the FinTech ecosystem in the Kingdom of Saudi Arabia (KSA) as part of a series on the Gulf...

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EMEA Daily: Fraugster, Worldline Deliver Chargeback Protection; UAE-Based FI Mashreq Launches Non-Banking Services Platform
EMEA Daily: Fraugster, Worldline Deliver Chargeback Protection; UAE-Based FI Mashreq Launches Non-Banking Services Platform
August 02, 2022  |  emea

In today’s top news from Europe, the Middle East and Africa (EMEA), South African retailer Massmart struggles to stay afloat, and financial institution Mashreq unveils...

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