EMEA

B2B Startup Retailo Buys eCommerce Platform DXBUY
B2B Startup Retailo Buys eCommerce Platform DXBUY
April 22, 2022  |  Acquisitions

Retailo, a Riyadh, Saudi Arabia, company that digitizes retail operations in the Middle East and North Africa and recently called itself “the fastest growing startup...

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Tencent Buys Stake in UK Business Payments FinTech Previse
Tencent Buys Stake in UK Business Payments FinTech Previse
April 22, 2022  |  Investments

Giant Chinese technology holding company Tencent is leading a funding round in British FinTech Previse, SkyNews reported Thursday (April 21). The entire round Series B...

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Tofino Capital Supports B2B Startups in Developing Nations With $10M Fund
Tofino Capital Supports B2B Startups in Developing Nations With $10M Fund
April 22, 2022  |  Investments

Tofino Capital, an early-stage venture capital firm that says it will seek investments in emerging markets, has launched a $10 million fund and has a...

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Pillar Raises $16.9M to Help Immigrants, Refugees Get Credit
Pillar Raises $16.9M to Help Immigrants, Refugees Get Credit
April 21, 2022  |  Investments

Pillar raised 13 million pounds ($16.9 million) in a pre-seed funding round led by Global Founders Capital and Backed VC. The startup specializes in providing...

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Experts: Supply Chain Scarcity Sets Stage for Corruption
Experts: Supply Chain Scarcity Sets Stage for Corruption
April 21, 2022  |  Safety and Security

As Russia’s war in Ukraine continues, experts say sanctions and interruptions to the supply chain have made key commodities scarce, setting the stage for corruption....

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New Product Launches, Expansions Don’t Cheer FinTech Investors as IPO Index Loses 3%
New Product Launches, Expansions Don’t Cheer FinTech Investors as IPO Index Loses 3%
April 21, 2022  |  IPO

Product announcements, new pacts, cash back cards — none of it enough to give PYMNTS’ class of digital startups, newly trading on U.S. stock exchanges,...

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US, UK Businesses Adopt Payments Automation to Clear X-Border Hurdles
US, UK Businesses Adopt Payments Automation to Clear X-Border Hurdles
April 21, 2022  |  B2B Payments

Automating and streamlining payment flows is on the roadmap for nearly all U.S. and U.K. decision makers. Both countries’ businesses report that they plan to...

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Binance’s 10K Euro Limit on Russian Accounts Makes Payments Problematic
Binance’s 10K Euro Limit on Russian Accounts Makes Payments Problematic
April 21, 2022  |  Cryptocurrency

Binance, the world’s largest cryptocurrency exchange, informed Russian customers Thursday (April 21) that it is cutting off all accounts with more than 10,000 euros (about...

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Money Automation Startup Flow Your Money Picks Up €3.5M
Money Automation Startup Flow Your Money Picks Up €3.5M
April 21, 2022  |  Investments

Money automation solutions startup Flow Your Money notched €3.5 million ($3.8 million) in seed funding led by Eleven Ventures, Silicon Canals reported Thursday (April 21)....

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