EMEA

PYMNTS GCC Series: High Smartphone Penetration, Govt Support Boosts UAE’s FinTech Growth

PYMNTS GCC Series: High Smartphone Penetration, Govt Support Boosts UAE’s FinTech Growth
PYMNTS GCC Series: High Smartphone Penetration, Govt Support Boosts UAE’s FinTech Growth
July 11, 2022  |  Technology

Although not all countries in the Gulf Cooperation Council (GCC) — Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates (UAE) — are...

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Payment Platform Kadmos Raises $29M
Payment Platform Kadmos Raises $29M
July 11, 2022  |  Investments

Berlin-based FinTech startup Kadmos has secured 29 million euros ($29 million) to grow its payment processing platform for migrant workers, according to a Monday (July...

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GoHenry Acquires Pixpay to Strengthen Youth Banking Outreach
GoHenry Acquires Pixpay to Strengthen Youth Banking Outreach
July 11, 2022  |  Acquisitions

London-based GoHenry, which provides Visa debit cards and a financial education app for children aged 6 to 18, has acquired the French company Pixpay, which...

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Post-Brexit Innovation, Digital Transformation Policies Could Decide UK’s Next PM
Post-Brexit Innovation, Digital Transformation Policies Could Decide UK’s Next PM
July 11, 2022  |  Politics

Beset by scandals and following critical electoral defeats last month, Boris Johnson announced last week that he would be stepping down as prime minister of...

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Today in TechREG: ECB Calls for Quick Implementation of EU Crypto Rules; Binance Says It Was ‘Fully Compliant’ With US Sanctions
Today in TechREG: ECB Calls for Quick Implementation of EU Crypto Rules; Binance Says It...
July 11, 2022  |  Regulation

Today in TechREG news, the European Central Bank published several reports warning about the potential financial systemic risks associated with stablecoins and the need to...

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Global Securities Regulation Group Lays Out Roadmap for Crypto Rules
Global Securities Regulation Group Lays Out Roadmap for Crypto Rules
July 11, 2022  |  Cryptocurrency

Global security regulation group the International Organization of Securities Commissions (IOSCO) has issued its “roadmap” for dealing with cryptocurrencies. Get the Full Story Complete the...

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Klarna Raises $800M at $6.7B Valuation
Klarna Raises $800M at $6.7B Valuation
July 11, 2022  |  Investments

Klarna has raised $800 million in financing at a $6.7 billion post-money valuation from new and existing investors to grow its position in the United...

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ECB Urges Quick Implementation of MiCA 
ECB Urges Quick Implementation of MiCA 
July 11, 2022  |  Cryptocurrency

The European Central Bank (ECB) on Monday (July 11) published several reports warning that financial stability risks stemming from crypto assets are rising and is...

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