EMEA

UK Expands Interest-Free Emergency Loans to Needy
UK Expands Interest-Free Emergency Loans to Needy
June 19, 2022  |  Loans

The U.K. No Interest Loans Scheme (Nils), backed by the treasury, will now be expanded to reach up to 20,000 people, a report says. Nils...

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4 Key Factors Creating Payments Friction Across MENA
4 Key Factors Creating Payments Friction Across MENA
June 19, 2022  |  Cross-border Payments

A report by the MENA Fintech Association (MFTA) analyzing the landscape of cross-border payments across the region has found that cost, speed, accessibility and transparency...

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Estonia’s Small but Thriving Startup Ecosystem Offers Big Tech No Special Treatment
Estonia’s Small but Thriving Startup Ecosystem Offers Big Tech No Special Treatment
June 19, 2022  |  Startups

Not having an equivalent to Silicon Valley, Europe’s technology sector is distributed across hubs all over the continent. And while American Big Tech has tended...

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Gorillas Talks Merger, Sale Potential with Grocery Delivery Rivals
Gorillas Talks Merger, Sale Potential with Grocery Delivery Rivals
June 17, 2022  |  Delivery

On-demand grocery delivery startup Gorillas is talking with competitors about the possibility of merging or being acquired as market demand and startup funds drop off...

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EU Privacy Watchdog: Give Us the Major Big Tech Cases
EU Privacy Watchdog: Give Us the Major Big Tech Cases
June 17, 2022  |  Big Tech

The head of the European Union’s data protection watchdog said that a landmark privacy law adopted four years ago isn’t being enforced properly and that...

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eGrocer Rohlik Raises $230M for Technology Innovation, Expansion
eGrocer Rohlik Raises $230M for Technology Innovation, Expansion
June 17, 2022  |  Investments

Grocery delivery startup Rohlik has raised 220 million euros (about $230 million) in a Series D funding round to further its advances in technology, according...

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TechReg Weekly EMEA: Apple, Google, Meta Offer Commitments to End EU Probes
TechReg Weekly EMEA: Apple, Google, Meta Offer Commitments to End EU Probes
June 17, 2022  |  Technology

This week, Big Tech firms seem to have coordinated to offer remedies to EU regulators to end different antitrust probes as Amazon, Meta and Google...

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UK Pledges to Change 50-Year-Old Consumer Credit Law
UK Pledges to Change 50-Year-Old Consumer Credit Law
June 17, 2022  |  International

The United Kingdom government has announced plans to reform the Consumer Credit Act, which regulates credit card purchases and personal loans. The proposed overhaul aims...

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Ascenda, BSF Team to Offer Banking Rewards in Middle East
Ascenda, BSF Team to Offer Banking Rewards in Middle East
June 17, 2022  |  Mena

Payments and banking rewards provider Ascenda has formed a partnership with Saudi Arabia’s Banque Saudi Fransi (BSF), the companies said in a news release Thursday...

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