EMEA

To Survive Funding Drought, Startups Must Think Like Camels, Not Unicorns
To Survive Funding Drought, Startups Must Think Like Camels, Not Unicorns
July 20, 2022  |  Startups

It’s been widely referred to as the “fundraising winter”: a major downturn as tech stocks fall and the appetite for investment wanes, leading to mounting...

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PYMNTS GCC Series: Big Tech Firms Set Up Shop in Qatar
PYMNTS GCC Series: Big Tech Firms Set Up Shop in Qatar
July 19, 2022  |  emea

In this fifth installment in a PYMNTS series on the state of FinTech in the Gulf Cooperation Council (GCC) countries, we take a look at...

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Concerns Over Lost Fee Income Prompt Nigerian Lenders to Slow CBDC Adoption
Concerns Over Lost Fee Income Prompt Nigerian Lenders to Slow CBDC Adoption
July 19, 2022  |  CBDC

Nigerian lenders have been putting up roadblocks against using the country’s digital currency, concerned about loss of revenue from traditional banking services, Central Bank of...

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Italian PropTech Startup Casavo Raises €400 Million
Italian PropTech Startup Casavo Raises €400 Million
July 19, 2022  |  Startups

PropTech startup Casavo just bagged $409 million (€400 million) in Series D funding, EU Startups reported Tuesday (July 19). An initial €300 million was invested...

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EMEA Daily: Google Prepares for Digital Markets Act, Faces $1B Suit in UK Over App Store Practices
EMEA Daily: Google Prepares for Digital Markets Act, Faces $1B Suit in UK Over App...
July 19, 2022  |  emea

In today’s top news from Europe, the Middle East and Africa (EMEA), Google is facing a lawsuit over allegations that the Big Tech firm overcharged...

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The Startups Solving the Working Capital Challenge for Africa’s Small Businesses
The Startups Solving the Working Capital Challenge for Africa’s Small Businesses
July 19, 2022  |  Startups

From self-employed freelancers to the local shops and restaurants that are the cornerstones of so many communities, small businesses in emerging markets across Africa must...

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Google Play Prepares for Digital Markets Act by Allowing Alternative Billing Systems
Google Play Prepares for Digital Markets Act by Allowing Alternative Billing Systems
July 19, 2022  |  Digital Payments

Google has commented on the passing of the Digital Markets Act, which will require Google Play and other industry players to adjust their current operating...

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Wise’s Revenues Rise as Customers Up Money Transfers
Wise’s Revenues Rise as Customers Up Money Transfers
July 19, 2022  |  Cross-border Payments

British FinTech Wise saw its revenues increase 50% in the last quarter, with customers bringing forward money transfers in fear of volatility later this year....

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Google Faces $1B Suit in UK Over App Store Practices
Google Faces $1B Suit in UK Over App Store Practices
July 19, 2022  |  Google

Google is facing trial in a $1.1 billion class-action lawsuit in the U.K. over claims that the company overcharged 19.5 million customers for app store...

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