EMEA

Relay Raises $10 Million to Expand Delivery Service Across UK
Relay Raises $10 Million to Expand Delivery Service Across UK
November 22, 2023  |  Investments

Relay raised $10 million in seed funding to expand its delivery service for retailers across the United Kingdom. “We began Relay with a vision to overhaul...

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Bank for International Settlements: Digital Euro Project Enters ‘Preparation Phase’
Bank for International Settlements: Digital Euro Project Enters ‘Preparation Phase’
November 22, 2023  |  CBDC

The digital euro is feasible, and now comes the next chapter. In a speech delivered Tuesday (Nov. 21) and published by the Bank for International...

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Marqeta and Credi2 Team as BNPL Demand Grows
Marqeta and Credi2 Team as BNPL Demand Grows
November 22, 2023  |  BNPL

Marqeta has teamed with Credi2 to launch an installment payment platform for European banks. The partnership, announced Wednesday (Nov. 22), combines Credi2’s embedded lending platform with Marqeta’s card issuing offering,...

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Triver Nets $25 Million Debt Facility for Working Capital Solutions 
Triver Nets $25 Million Debt Facility for Working Capital Solutions 
November 21, 2023  |  SMBs

Triver, a working capital provider for small- to medium-sized businesses (SMBs) in the United Kingdom, has secured an additional 20 million pounds (about $25 million)...

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KuCoin Launches Visa-Powered Crypto Debit Card in Europe
KuCoin Launches Visa-Powered Crypto Debit Card in Europe
November 21, 2023  |  Cryptocurrency

Cryptocurrency platform KuCoin has launched KuCard, a Visa-powered crypto debit card, for use in Europe. “Accepted at millions of locations, KuCard empowers users to utilize their cryptocurrency...

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Plaid Hires Ex-Adyen Exec to Expand Open Finance in Europe
Plaid Hires Ex-Adyen Exec to Expand Open Finance in Europe
November 21, 2023  |  Personnel

Plaid has named former Adyen executive Brian Dammeir to oversee its European operations. Speaking to CNBC Monday (Nov. 20), he said the thing that excited him most about joining the...

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Spanish FinTech Fence Raises $2 Million for Debt Management Software
Spanish FinTech Fence Raises $2 Million for Debt Management Software
November 20, 2023  |  Investments

Spanish FinTech company Fence has reportedly raised 1.8 million euros (about $2 million) in its pre-seed financing round. The firm will use the new funding...

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Nexi to Integrate Payment Solutions Into Microsoft Products in Europe
Nexi to Integrate Payment Solutions Into Microsoft Products in Europe
November 20, 2023  |  Partnerships

European PayTech Nexi and Microsoft strengthened their partnership to drive the digitization of businesses and the European economy. The expanded collaboration, which builds upon one...

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Kyutai Launches as Europe’s First AI Open Research Lab
Kyutai Launches as Europe’s First AI Open Research Lab
November 17, 2023  |  artificial intelligence

Kyutai has launched as what it says is the first European private-initiative laboratory dedicated to open research in artificial intelligence (AI). The lab, co-founded by...

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