EMEA

Singapore’s Chief FinTech Officer Questions Value of Private Crypto
Singapore’s Chief FinTech Officer Questions Value of Private Crypto
June 23, 2022  |  Cryptocurrency

The chief FinTech officer at the Monetary Authority of Singapore (MAS) is questioning the value of private cryptocurrencies as regulators step up the development of...

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Biometric Checkout on the Horizon for UK Shoppers
Biometric Checkout on the Horizon for UK Shoppers
June 23, 2022  |  Biometrics

In a report last month, the Manchester Evening News ran a rather sensational headline: “Aldi, ASDA, Tesco, Lidl, Morrisons and Sainsbury’s could soon urge you...

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Warehouse Robotics Firm BotsAndUs Lands $13M Seed Round
Warehouse Robotics Firm BotsAndUs Lands $13M Seed Round
June 23, 2022  |  Investments

Intelligence and robotics company BotsAndUs has landed $13 million in seed funding to expand the growth and use of its logistics solution around the world,...

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Retail Recession Woes Spread as UK Business Organization Reports Ongoing Downward Trend
Retail Recession Woes Spread as UK Business Organization Reports Ongoing Downward Trend
June 23, 2022  |  Retail

Retail sales volumes are down about 5% for the year through June, according to survey data from the latest Confederation of British Industry (CBI) Distributive...

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SumUp Raises €590M at Reduced Valuation of €8B
SumUp Raises €590M at Reduced Valuation of €8B
June 23, 2022  |  Investments

Mobile point-of-sale (mPOS) startup SumUp raised €590 million at a valuation of €8 billion, a significant drop from its €20 billion valuation earlier this year....

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Lackluster Rollout of SEPA Instant Stymies EU Payment System Success, Says Wise Product Chief
Lackluster Rollout of SEPA Instant Stymies EU Payment System Success, Says Wise Product Chief
June 23, 2022  |  emea

In the context of European banking, customers increasingly expect real-time transactions, transparent exchange rates and reasonable transfer fees. In practice, however, the way banks operate...

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BOE Official: Crypto Firms May Rival Amazon, eBay
BOE Official: Crypto Firms May Rival Amazon, eBay
June 22, 2022  |  Cryptocurrency

Bank of England Deputy Governor Jon Cunliffe has said the survivors of this rout in crypto could be leaders of the future — possibly rivaling...

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London-Based B2B BNPL Platform Playter Nets $55M in Funding
London-Based B2B BNPL Platform Playter Nets $55M in Funding
June 22, 2022  |  Investments

London-based growth platform Playter, which helps small- to medium-sized businesses (SMBs) grow with B2B buy now, pay later (BNPL) options, has raised $55 million in...

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EMEA Daily: eCommerce Car Retailer Cazoo Moves Into Italian Market
EMEA Daily: eCommerce Car Retailer Cazoo Moves Into Italian Market
June 22, 2022  |  emea

In today’s top stories from Europe, the Middle East and Africa, online car retailer Cazoo has moved into Italy with its eCommerce car-buying and -selling...

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