EMEA

RBI to FinTechs: Non-Banks Can’t Reload Funds to Prepaid Wallets, Cards
RBI to FinTechs: Non-Banks Can’t Reload Funds to Prepaid Wallets, Cards
June 21, 2022  |  Regulation

FinTechs were alerted that non-bank issuers of prepaid payment instruments (PPIs) can’t load cards and digital wallets with funds through credit lines, the Reserve Bank...

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PropTech Startup Huspy Nets $37M Series A
PropTech Startup Huspy Nets $37M Series A
June 21, 2022  |  Investments

PropTechnology startup Huspy has announced in a press release on Tuesday (June 21) that it has raised $37 million in a Series A funding round...

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UK BNPL Regulation Unlikely Before Mid-2023
UK BNPL Regulation Unlikely Before Mid-2023
June 21, 2022  |  BNPL

The U.K. government announced on Monday, June 20, plans to tighten rules on the Buy Now, Pay Later (BNPL) sector aimed at protecting users —...

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Safaricom CEO: ‘Innovation Mindset’ Critical to M-Pesa Success
Safaricom CEO: ‘Innovation Mindset’ Critical to M-Pesa Success
June 21, 2022  |  Mobile Payments

“M-Pesa is a barometer of what’s happening in the [Kenyan] economy and how customers are behaving.” Get the Full Story Complete the form to unlock...

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French FinTech Formance Raises $3M to Develop Payment Flows Solution
French FinTech Formance Raises $3M to Develop Payment Flows Solution
June 20, 2022  |  Investments

French FinTech Formance has raised $3.1 million that the company said it will use to continue development of its low-code, open-source payment-flow tracking platform. Get...

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LuLu Financial, Samsara Remit Choose Aerotruth B2B Onboarding Platform
LuLu Financial, Samsara Remit Choose Aerotruth B2B Onboarding Platform
June 20, 2022  |  Partnerships

Aerotruth, a startup specializing in the B2B onboarding process, has added Abu Dhabi’s LuLu Financial Holdings and Nepali money transfer service Samsara Remit as platforms...

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SoftPOS Drives EU Merchants’ Adoption of Contactless Payments
SoftPOS Drives EU Merchants’ Adoption of Contactless Payments
June 20, 2022  |  POS Innovation

Merchants who want to accept contactless payments, either by card or mobile wallet, have traditionally needed card readers to do so, but a new technology,...

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Stripe Offers Bank Transfers to Businesses in UK, EU, Mexico
Stripe Offers Bank Transfers to Businesses in UK, EU, Mexico
June 20, 2022  |  Digital Banking

Stripe has developed a bank transfer solution which will help customers receive and reconcile transfers more easily, according to a Monday (June 20) company blog...

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Discount Clothing Retailer Primark Makes Move to eCommerce
Discount Clothing Retailer Primark Makes Move to eCommerce
June 20, 2022  |  Retail

Primark will be venturing into online shopping with a new “click and collect” feature for children’s products as it looks into moving away from strictly...

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