EMEA

B2B Purchasing Solution Vertice Raises $26M for Staffing, Development
B2B Purchasing Solution Vertice Raises $26M for Staffing, Development
May 19, 2022  |  B2B Payments

Software-as-a-Service (SaaS) purchasing solution Vertice has raised $26 million in a Series A funding round, the company announced Thursday (May 19). According to Tech Funding...

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Autochek Adds KIFAL Auto to Expand Into North Africa
Autochek Adds KIFAL Auto to Expand Into North Africa
May 19, 2022  |  Acquisitions

Nigeria-based auto loan services platform Autochek Africa acquired Moroccan automotive technology startup KIFAL Auto as part of a plan to expand into North Africa, according...

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UK FCA Will Fight Fraud by Canceling Permissions in 28 Days
UK FCA Will Fight Fraud by Canceling Permissions in 28 Days
May 19, 2022  |  Regulation

The U.K. Financial Conduct Authority (FCA) announced on Thursday (May 19) that it will use new powers to more swiftly cancel or change what regulated...

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Affirm, Upstart Help FinTech IPO Index Beat Sagging Retailers, Markets
Affirm, Upstart Help FinTech IPO Index Beat Sagging Retailers, Markets
May 19, 2022  |  IPO

Not bad. Relatively speaking, that is. In a week where sentiment in the stock market has been driven by retailers — Target, Lowe’s, et al...

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Klarna Eyes Fresh Capital at Reduced Valuation
Klarna Eyes Fresh Capital at Reduced Valuation
May 19, 2022  |  Buy Now Pay Later

Buy now, pay later (BNPL) giant Klarna is eyeing a new fundraise that could put the Swedish FinTech’s valuation close to an estimated one-third below...

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OPay, Mastercard Tie-Up Drives Financial Inclusion in Middle East, Africa  
OPay, Mastercard Tie-Up Drives Financial Inclusion in Middle East, Africa  
May 19, 2022  |  Financial Inclusion

OPay and Mastercard are collaborating to drive financial inclusion across the Middle East and Africa by partnering to open up digital commerce in the region,...

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Deutsche Bank Backs MarketFinance’s Efforts to Lend $125M to UK SMBs
Deutsche Bank Backs MarketFinance’s Efforts to Lend $125M to UK SMBs
May 19, 2022  |  SMBs

London-based FinTech MarketFinance has raised debt from Deutsche Bank that will allow the company to fund part of a 100 million British pound (about $125...

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Airtel Africa’s Smartcash PSB Launches in Select Nigerian Cities
Airtel Africa’s Smartcash PSB Launches in Select Nigerian Cities
May 19, 2022  |  Banking

Airtel Africa’s subsidiary, SmartCash Payment Service Bank (SmartCash PSB), is bringing its digital financial services to select cities in Nigeria to further reach unbanked consumers...

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Behavioral Analytics Fights eCommerce Fraud and Friction in Real Time
Behavioral Analytics Fights eCommerce Fraud and Friction in Real Time
May 19, 2022  |  Security & Fraud

The pandemic has significantly changed consumer behavior and preferences, pushing banks to upgrade their processes to meet these shifting demands. Schalk Nolte, CEO at authentication...

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