EMEA

Uber Agrees to Raise Minimum Wage for French Drivers
Uber Agrees to Raise Minimum Wage for French Drivers
December 20, 2023  |  Gig Economy

Uber and other ride-hailing companies have agreed to give their French drivers a raise. Those workers will now be eligible for 9 euros ($9.85) per trip —...

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AI Can’t Patent Inventions, UK Supreme Court Rules
AI Can’t Patent Inventions, UK Supreme Court Rules
December 20, 2023  |  Artificial Intelligence

The British court has ruled that a scientist cannot patent inventions created by an AI. The ruling by the U.K. Supreme Court is a “landmark” decision in...

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Worldpay Helps UK Music Retailer HMV Expand Payments Choice
Worldpay Helps UK Music Retailer HMV Expand Payments Choice
December 20, 2023  |  Payment Methods

British music and entertainment retailer HMV has tapped Worldpay to help it expand in Europe. HMV will use Worldpay Omnichannel — a Worldpay and FreedomPay effort — to improve its omnichannel strategy across...

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Report: Revolut Aims for $1.9 Billion in Revenue for 2023
Report: Revolut Aims for $1.9 Billion in Revenue for 2023
December 20, 2023  |  Digital Banking

British FinTech Revolut is reportedly on track to bring in $1.9 billion in revenue for the year. The startup’s monthly revenue averaged roughly $158 million in the first half...

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BNPL Finds Appeal in Wealthy Middle Eastern Countries
BNPL Finds Appeal in Wealthy Middle Eastern Countries
December 19, 2023  |  Buy Now Pay Later

There’s an old story, possibly apocryphal, where F. Scott Fitzgerald tells Ernest Hemingway: The rich are different from you and me. Replies Hemingway: “Yeah, they...

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Treyd Expands Inventory Financing Solution to Ireland 
Treyd Expands Inventory Financing Solution to Ireland 
December 18, 2023  |  B2B Payments

Swedish-based FinTech company Treyd has expanded its “sell first, pay suppliers later” service to Ireland.  “This marks a fantastic opportunity for Irish SMEs [small- to medium-sized enterprises]...

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Revo Capital Launches $100 Million Effort for Turkish AI Firms
Revo Capital Launches $100 Million Effort for Turkish AI Firms
December 18, 2023  |  Investments

Turkey’s Revo Capital reportedly plans to raise $100 million for local AI-powered startups. The new fund will mark Revo’s inaugural investment in the gaming and energy sectors, Managing...

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Amazon Nails Down Partnership With Warhammer Creator
Amazon Nails Down Partnership With Warhammer Creator
December 18, 2023  |  Streaming

Amazon has agreed to develop movies and TV series based on the Warhammer 40,000 games. Games Workshop, the British company that makes the miniature tabletop game series, announced...

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Ex-Wirecard Finance Chief Charged With Fraud
Ex-Wirecard Finance Chief Charged With Fraud
December 14, 2023  |  Legal

More than three years after its collapse, Wirecard’s former finance chief has been accused of fraud. Burkhard Ley, who spent 11 years as the chief...

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