EMEA

EU Considers Adding Crypto, BNPL in Payment Directive
EU Considers Adding Crypto, BNPL in Payment Directive
June 02, 2022  |  Regulation

The European Commission has launched a public consultation to gather information for its review of the second EU Payment Services Directive (PSD2). The Commission has...

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EU Supervisors Seek More Power to Strip Licenses for AML Violations
EU Supervisors Seek More Power to Strip Licenses for AML Violations
June 02, 2022  |  AML

The European Supervisory Authorities (ESAs) published a joint report on Thursday (June 1) advocating for the introduction in all relevant EU sectoral laws of a...

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Privacy Coins: Blow for Freedom — or Boon for Crime?
Privacy Coins: Blow for Freedom — or Boon for Crime?
June 02, 2022  |  Cryptocurrency

In the controversial world of cryptocurrency, there’s very little more controversial than privacy coins, a subtype of digital assets designed specifically to be impossible to...

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DoorDash Becomes Major International Competitor With Close of Wolt Acquisition
DoorDash Becomes Major International Competitor With Close of Wolt Acquisition
June 02, 2022  |  Delivery

DoorDash is no longer just a heavyweight in the United States. The San Francisco-based restaurant aggregator announced Wednesday (June 1) the completion of its acquisition...

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Nexi to Buy BPER Banca Payment Unit for $412M
Nexi to Buy BPER Banca Payment Unit for $412M
June 02, 2022  |  Acquisitions

After months of negotiations, Italian payments group Nexi has agreed to pay as much as $412 million to buy the payments business of BPER Banca...

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Online Car Marketplaces Drive Profits for MENA Startups
Online Car Marketplaces Drive Profits for MENA Startups
June 02, 2022  |  Retail

With almost 2,000 cars sold daily and nearly 750,000 vehicles sold on a yearly basis, the Egyptian used car market, representing a Gross Merchandise Value...

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Huuva Raises $5.22M for Virtual Restaurant Platform
Huuva Raises $5.22M for Virtual Restaurant Platform
June 01, 2022  |  Investments

Finnish delivery kitchen startup Huuva has raised more than $5.2 million in an investment round, saying it will use the money to expand across Central...

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Klarna Intros Physical Visa Card With Issuing Platform Marqeta
Klarna Intros Physical Visa Card With Issuing Platform Marqeta
June 01, 2022  |  Buy Now Pay Later

Card issuing platform Marqeta is partnering with buy now, pay later (BNPL) firm Klarna to launch a physical Visa card that consumers can use to...

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Plaid, Mollie Aim to Streamline EU Merchant Onboarding
Plaid, Mollie Aim to Streamline EU Merchant Onboarding
June 01, 2022  |  Partnerships

Data network Plaid is partnering with Dutch FinTech Mollie to make it easier for merchants across Europe and the United Kingdom to open online stores...

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