EMEA

BNPL Firm Zip Backs Away From Crypto, Business Lending
BNPL Firm Zip Backs Away From Crypto, Business Lending
July 21, 2022  |  BNPL

Buy now, pay later (BNPL) firm Zip says it is “deprioritizing” a planned cryptocurrency financial services product, and is considering an impairment charge against some...

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Big Tech M&A Regulation Looms in 2022
Big Tech M&A Regulation Looms in 2022
July 21, 2022  |  Big Tech

Big Tech companies have been in the spotlight for most of 2022, from antitrust concerns to allegations of harmful content in their platforms or violations...

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UK’s Financial Services Bill Will Make Stablecoins a Form of Payment 
UK’s Financial Services Bill Will Make Stablecoins a Form of Payment 
July 21, 2022  |  Cryptocurrency

Stablecoins may soon be part of the monetary system in the U.K. if the new Financial Services and Markets Bill is approved in Parliament.  The...

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Stablecoins, CBDCs Face Big Hurdles Before Knocking Out Fiat
Stablecoins, CBDCs Face Big Hurdles Before Knocking Out Fiat
July 21, 2022  |  Cryptocurrency

Could stablecoins and central bank digital currencies (CBDCs) ever replace fiat? Obi Emetarom, co-founder and CEO of pan-African payment infrastructure company AppZone, thinks they can....

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Crypto Lender Vauld Seeks Protection From Creditors
Crypto Lender Vauld Seeks Protection From Creditors
July 20, 2022  |  Cryptocurrency

Cryptocurrency lender Vauld Group, which is backed by Peter Thiel’s Valar Ventures and Coinbase Global, has filed for protection after pausing withdrawals. The application for...

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Today in B2B Payments: Basis Vectors Add CommerceV3 to Increase Digital Commerce; Vendavo Adds Market Medium for Rebate and Channel Management 
Today in B2B Payments: Basis Vectors Add CommerceV3 to Increase Digital Commerce; Vendavo Adds Market...
July 20, 2022  |  B2B Payments

Today in B2B payments, corporate clients want more digital solutions from their banks while Grasim is building a B2B eCommerce platform. Plus, B Capital closes...

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Visa Considers Taking Stake in FinTech Airwallex
Visa Considers Taking Stake in FinTech Airwallex
July 20, 2022  |  Fintech Investments

Visa is reportedly in talks to contribute to a funding round for FinTech startup Airwallex, according to people familiar with the matter. Sources told Bloomberg...

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PYMNTS GCC Series: Saudi Arabia, at the Intersection of Tech and Islamic Finance
PYMNTS GCC Series: Saudi Arabia, at the Intersection of Tech and Islamic Finance
July 20, 2022  |  emea

In this final installment of the PYMNTS GCC series, we assess the FinTech space in the Kingdom of Saudi Arabia (KSA), the most populous country...

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Sudanese FinTech Bloom Nets $6.5M
Sudanese FinTech Bloom Nets $6.5M
July 20, 2022  |  Investments

Sudan-based Bloom has raised $6.5 million in seed funding round, the FinTech announced in a press release Wednesday (July 20). The company’s investors include Visa,...

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