EMEA

The Data Point: 63% of Firms Want to Improve Cross-Border Payments for International Hires
The Data Point: 63% of Firms Want to Improve Cross-Border Payments for International Hires
May 31, 2022  |  Cross-border Payments

For all the harm caused by the pandemic, one bright spot is its impact on hiring, as remote work is now as accepted — if not...

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Open Banking Firm Tarabut Gateway Partners With Four Saudi Banks
Open Banking Firm Tarabut Gateway Partners With Four Saudi Banks
May 31, 2022  |  Partnerships

Bahrain-based open banking platform Tarabut Gateway has formed four new banking partnerships in the Kingdom of Saudi Arabia (KSA) as part of its expansion into...

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Travel Tech Company Swvl Plans to Cut 32% of Staff
Travel Tech Company Swvl Plans to Cut 32% of Staff
May 31, 2022  |  Transportation

Dubai-based mass transit solutions platform Swvl said it will cut its workforce by 32% in an effort to get on the path to profitability. “Such...

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Blockchain in Action: Combined With IoT, Blockchain Can Fight COVID
Blockchain in Action: Combined With IoT, Blockchain Can Fight COVID
May 31, 2022  |  Blockchain

Most people at least know that blockchain is the technology that bitcoin and other cryptocurrencies are built on, but a digital ledger that timestamps and...

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Just Eat Takeaway Mulls Multibillion Hit to Unload Grubhub
Just Eat Takeaway Mulls Multibillion Hit to Unload Grubhub
May 31, 2022  |  Delivery

Food delivery startup Just Eat Takeaway (JET) is considering a multibillion hit to unload delivery platform Grubhub, which it acquired last year for 5.8 billion...

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Crypto Faces New Restrictive AML Rules From EU Parliament Experts Say
Crypto Faces New Restrictive AML Rules From EU Parliament Experts Say
May 31, 2022  |  Cryptocurrency

The European Parliament may soon decide whether to approve a proposal to expand a “travel rule” for crypto firms that would include virtually every single...

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Global Startup Uncertainty Drives Mega Investments in Africa’s Burgeoning Tech Scene
Global Startup Uncertainty Drives Mega Investments in Africa’s Burgeoning Tech Scene
May 31, 2022  |  Fintech Investments

$4.6 billion. That’s the record amount of venture capital (VC) funding African tech startups raised in 2021, a 150%+ year-on-year increase and larger than the...

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Today in Crypto: The Luna Crypto Was Revived, Crashes Again; 12% of Argentinians Invest in Crypto
Today in Crypto: The Luna Crypto Was Revived, Crashes Again; 12% of Argentinians Invest in...
May 30, 2022  |  Cryptocurrency

Merge, the London crypto payments firm, has raised $9.5 million in a seed round, according to reports. Merge will use the capital to make sure...

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Kennek Debuts Plug-and-Play Credit Infrastructure on Mambu’s Cloud Platform
Kennek Debuts Plug-and-Play Credit Infrastructure on Mambu’s Cloud Platform
May 30, 2022  |  Loans

Lending solution Kennek will debut a new “plug and play” credit infrastructure on cloud banking platform Mambu to help alternative lenders and credit investors with...

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