EMEA

FinTechs Redefine X-Border Payments for African Consumers, SMBs

FinTechs Redefine X-Border Payments for African Consumers, SMBs
FinTechs Redefine X-Border Payments for African Consumers, SMBs
July 05, 2022  |  Cross-border Payments

Remittance corridors that connect African nations to economies in Europe, the Middle East and the U.S. provide a vital lifeline for many individuals moving money...

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Balancing Profit, Sustainability Can Woo UK Millennials, Gen Z Customers From High Street Banks
Balancing Profit, Sustainability Can Woo UK Millennials, Gen Z Customers From High Street Banks
July 05, 2022  |  Digital-First Banking

Eighty-four percent of the entire U.K. population still banks with the top seven high street banks, which include the “Big Four” clearing banks: Barclays, Lloyds,...

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Nexi, Alpha Bank to Invest $104M in Greece’s Digital Payments Market
Nexi, Alpha Bank to Invest $104M in Greece’s Digital Payments Market
July 04, 2022  |  Digital Payments

Nexi, the Italian payments company, is working with Alpha, the Greek bank, to invest €100 million ($104 million) into the Greek digital payments market within...

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UAE-Based Digital Bank YAP Raises $41M to Expand to Saudi Arabia, Pakistan, Egypt
UAE-Based Digital Bank YAP Raises $41M to Expand to Saudi Arabia, Pakistan, Egypt
July 04, 2022  |  Investments

United Arab Emirates (UAE)-based digital bank YAP has raised $41 million in funding and is looking to raise another $20 million for further expansions, Reuters...

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Singapore Central Bank Considers Tougher Regulations on Retail Crypto Trading
Singapore Central Bank Considers Tougher Regulations on Retail Crypto Trading
July 04, 2022  |  Cryptocurrency

In response to a question about whether the Monetary Authority of Singapore (MAS) will introduce more restrictions on cryptocurrency trading platforms, senior minister Tharman Shanmugaratnam...

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UK Subscription Payment Platform Raylo Raises $7.8M
UK Subscription Payment Platform Raylo Raises $7.8M
July 04, 2022  |  Investments

London-based subscription payment platform Raylo has raised £6.5 million ($7.87 million) in additional funding, which will help it expand its data and engineering teams and...

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AI-Based Invoice Platform Xelix Raises $5M in Series A for AP Innovation
AI-Based Invoice Platform Xelix Raises $5M in Series A for AP Innovation
July 04, 2022  |  Investments

London-based invoice intelligence platform Xelix has raised $5 million in a Series A round, according to a Thursday (June 30) company press release. Get the...

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Why EU Regulators, Policymakers Are Betting on a Retail CBDC
Why EU Regulators, Policymakers Are Betting on a Retail CBDC
July 04, 2022  |  CBDC

Most of the central banks in western countries have formally adopted a neutral position when it comes to the decision of whether to issue a...

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