EMEA

Car Subscription Firm FINN Raises $110M to Expand Across US, Europe
Car Subscription Firm FINN Raises $110M to Expand Across US, Europe
May 25, 2022  |  Investments

Car subscription platform FINN on closed a $110 million Series B fundraising round that it will use for continued growth across the U.S. and Europe,...

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EU’s Open Finance May Include Big Tech Ban
EU’s Open Finance May Include Big Tech Ban
May 25, 2022  |  Regulation

The European Commission launched three consultations on May 10, two related to the review of the second payment service directive (PSD2) and one about open...

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Saudi Parcel Locker Firm RedBox Notches $5M in Series A
Saudi Parcel Locker Firm RedBox Notches $5M in Series A
May 25, 2022  |  Investments

RedBox, a smart parcel locker provider based in Saudi Arabia, has raised $5 million in a Series A funding round. As Magnitt reported Wednesday (May...

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Verto Unveils B2B Multi-Currency Global Accounts
Verto Unveils B2B Multi-Currency Global Accounts
May 25, 2022  |  B2B Payments

B2B cross-border foreign exchange Verto launched its multi-currency global account, allowing businesses to receive and send payments across 190 countries in up to 51 currencies,...

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BNPL Platform Scalapay Teams With FinTech Twig on Sustainable Shopping
BNPL Platform Scalapay Teams With FinTech Twig on Sustainable Shopping
May 25, 2022  |  Partnerships

Buy now, pay later (BNPL) startup Scalapay and FinTech Twig, both based in Europe, have teamed up to allow customers to resell products they bought...

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Embedded Finance FinTech Alviere Inks Deal With Card Issuer Marqeta
Embedded Finance FinTech Alviere Inks Deal With Card Issuer Marqeta
May 25, 2022  |  Partnerships

Embedded finance FinTech Alviere is partnering with card issuer Marqeta to bring expanded financial services to more businesses in Europe. Alviere is in the midst...

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How A Single API Can Be An SME Payments Game Changer
How A Single API Can Be An SME Payments Game Changer
May 25, 2022  |  API

For global merchants looking to set up a marketplace or bill customers on a recurring basis, dealing with multiple integrations, back offices, and data sets...

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B2B FinTech FOO Expands Into Saudi Arabia
B2B FinTech FOO Expands Into Saudi Arabia
May 25, 2022  |  B2B Payments

B2B FinTech provider FOO is expanding its operations with a goal of improving digital transformation in Saudi Arabia, according to a press release Tuesday (May...

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Verv Launches Multicurrency Banking Solution for Businesses
Verv Launches Multicurrency Banking Solution for Businesses
May 24, 2022  |  Digital-First Banking

Verv has debuted its Multi-Currency Business Accounts, which will let companies in the European Economic Area (EEA) and the U.K. receive, pay and hold money...

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