EMEA

VC Firm Presto Ventures Raises $36M for B2B Startups
VC Firm Presto Ventures Raises $36M for B2B Startups
June 24, 2022  |  B2B Payments

Czech venture capital (VC) fund Presto Ventures has wrapped a €30 million ($36.8 million) funding round to help early-stage B2B startups in Central and Eastern...

READ MORE >
Gorillas Leaves Belgium, Hands Off Some Business to Efarmz
Gorillas Leaves Belgium, Hands Off Some Business to Efarmz
June 24, 2022  |  emea

On-demand grocery delivery startup Gorillas is closing its warehouses in Belgium and handing off some of its business for undisclosed terms to Belgium organic and...

READ MORE >
Muse Launches Supply/Invoice Financing Product
Muse Launches Supply/Invoice Financing Product
June 24, 2022  |  B2B Payments

Business finance startup Muse Finance has launched a solution that combines supply finance and invoice finance, the British company announced Thursday (June 23). According to...

READ MORE >
Weekly TechReg EMEA: Google, TikTok Move to Appease Regulators
Weekly TechReg EMEA: Google, TikTok Move to Appease Regulators
June 24, 2022  |  emea

This week, the U.K. government and some regulatory agencies in the country announced changes to regulate the buy now, pay later (BNPL) sector and to...

READ MORE >
Big Tech Weekly: Google Faces EU Regulator Crackdown on 2 Fronts
Big Tech Weekly: Google Faces EU Regulator Crackdown on 2 Fronts
June 24, 2022  |  Big Tech

In the latest chapter of Alphabet’s mounting European Union antitrust concerns, the Google Maps platform comes under scrutiny from the German competition watchdog and the...

READ MORE >
Lockdowns, Consumer Backlash Force H&M to Close Shanghai Flagship
Lockdowns, Consumer Backlash Force H&M to Close Shanghai Flagship
June 24, 2022  |  Retail

Fashion retailer H&M has closed its Shanghai, China store, the latest move in that nation after consumer demand is flagging as the country has just...

READ MORE >
Revolut Pilots BNPL Product in Ireland
Revolut Pilots BNPL Product in Ireland
June 24, 2022  |  BNPL

Revolut is piloting a buy now, pay later (BNPL) product in Ireland for its 1.9 million customers there, with plans to launch the installment credit...

READ MORE >
Dutch Payments Association GM Says ‘Positive Friction’ Will Protect BNPL Users
Dutch Payments Association GM Says ‘Positive Friction’ Will Protect BNPL Users
June 24, 2022  |  Buy Now Pay Later

For an industry that’s typically laser-focused on frictionless services, it’s rare to hear calls for any sort of friction — let alone that it’s good...

READ MORE >
Today in Crypto: CoinFLEX Stops Investor Withdrawals; Brussels Hosts Blockchain Week
Today in Crypto: CoinFLEX Stops Investor Withdrawals; Brussels Hosts Blockchain Week
June 23, 2022  |  Cryptocurrency

Peter Kerstens, a European Union policy advisor, has said the crypto market troubles could be seen as dissuading, or evidence of a giant Ponzi scheme,...

READ MORE >