EMEA

To Survive Funding Drought, Startups Must Think Like Camels, Not Unicorns

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...

READ MORE >
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...

READ MORE >
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...

READ MORE >
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...

READ MORE >
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...

READ MORE >
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...

READ MORE >
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...

READ MORE >
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....

READ MORE >
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...

READ MORE >