EMEA

Money Management Tool Cleo Picks Up $79M in Series C
Money Management Tool Cleo Picks Up $79M in Series C
June 29, 2022  |  Investments

London-based money management solution Cleo has raised 76 million euros ($79 million) in a Series C funding round led by Belgium-based investment company Sofina. Existing...

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Today in TechREG: EU Lawmakers Look to Pass Online Platform Bills Next Week; Wells Fargo, Zelle Dodged Fraud Lawsuit
Today in TechREG: EU Lawmakers Look to Pass Online Platform Bills Next Week; Wells Fargo,...
June 29, 2022  |  Regulation

Today in TechREG, allegations of fraud and scams against Walmart, Wells Fargo and Zelle followed very different paths. Whereas the lawsuit against the banking giant...

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Czech FinTech 4Trans Plans Expansion After $18M Fundraise
Czech FinTech 4Trans Plans Expansion After $18M Fundraise
June 29, 2022  |  Investments

4Trans, a Czech FinTech specializing in financial productions for supply chain and transportation companies, has raised 18 million euros ($18.8 million) in new funding. As...

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Just Eat Takeaway Holds Onto Grubhub as Aggregators Lose to Direct Ordering
Just Eat Takeaway Holds Onto Grubhub as Aggregators Lose to Direct Ordering
June 29, 2022  |  Delivery

As the third-party restaurant aggregator model continues to pose challenges from a profitability standpoint, leading players are continuing to face these challenges head-on, duking it...

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EU Neobanks Lean on Innovation, Consolidation to Bolster Growth
EU Neobanks Lean on Innovation, Consolidation to Bolster Growth
June 29, 2022  |  Banking

In the early days of Europe’s neobank revolution, the continent’s 750 million+ inhabitants provided what felt like an unlimited pool of customers for a generation...

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Shoppers Embrace H&M’s Full Prices, Driving Higher Sales
Shoppers Embrace H&M’s Full Prices, Driving Higher Sales
June 29, 2022  |  Retail

Fashion retailer H&M says it expects to raise prices in the coming year following a report that shows its shoppers don’t mind paying full price....

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UK Seeks Guidance on New Open Banking Roadmap, Regulator
UK Seeks Guidance on New Open Banking Roadmap, Regulator
June 29, 2022  |  Bank Regulation

Last week, on June 24, the U.K. Financial Conduct Authority (FCA) and the Payment Systems Regulator (PSR) issued two different statements about the future of...

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EU Lawmakers Rush to Pass Online Platform Bills in Next Week’s Plenary Vote 
EU Lawmakers Rush to Pass Online Platform Bills in Next Week’s Plenary Vote 
June 29, 2022  |  Regulation

The European Parliament will hold the last plenary session before the summer recess from July 4 to July 7, and lawmakers are rushing to get...

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Mobile-First Software Solutions Can Help African Merchants Digitize Their Businesses
Mobile-First Software Solutions Can Help African Merchants Digitize Their Businesses
June 29, 2022  |  Technology

Despite high mobile penetration across Africa, cash remains a preferred payment method for everyday transactions, with an estimated 95% of transactions in Nigeria, one of...

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