EMEA

Getir Will Exit Spain, Portugal and Italy Grocery Delivery Markets
Getir Will Exit Spain, Portugal and Italy Grocery Delivery Markets
July 27, 2023  |  Delivery

Ultrafast grocery company Getir is exiting three European markets as it focuses on profitability. The Turkish startup announced Thursday (July 27) it plans to withdraw from Italy,...

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Nigeria to Amend eNaira Model to Promote CBDC Use
Nigeria to Amend eNaira Model to Promote CBDC Use
July 26, 2023  |  CBDC

Nigeria’s central bank wants more citizens to use its digital currency. To that end, the bank’s acting governor, Folashodun Adebisi Shonubi, tweeted Wednesday (July 26) that the Central...

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CMA: Amazon Commits to Fair Competition in UK Marketplace
CMA: Amazon Commits to Fair Competition in UK Marketplace
July 26, 2023  |  ANTITRUST

The United Kingdom’s Competition and Markets Authority (CMA) said Amazon has committed to ensure fair competition in its marketplace. To level the playing field, the online retail giant has...

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Binance Retreats in Germany as Crypto Landscape Shifts ‘Significantly’
Binance Retreats in Germany as Crypto Landscape Shifts ‘Significantly’
July 26, 2023  |  Cryptocurrency

Cryptocurrency giant Binance has suspended its plans to seek a license in Germany. A company spokesperson told PYMNTS Wednesday (July 26) that Binance has “proactively withdrawn” its...

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Grasshopper and Cable Debut Financial Crime Prevention Testing Platform
Grasshopper and Cable Debut Financial Crime Prevention Testing Platform
July 25, 2023  |  Security & Fraud

Digital bank Grasshopper has partnered with Cable to equip its clients and Banking-as-a-Service (BaaS) platform with automation and technology for financial crime assurance, testing and oversight. The bank will...

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UK Data Regulator Probes Worldcoin Launch
UK Data Regulator Probes Worldcoin Launch
July 25, 2023  |  Cryptocurrency

The United Kingdom’s data regulator is reportedly investigating OpenAI CEO Sam Altman’s Worldcoin. “We note the launch of Worldcoin in the U.K. and will be...

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Bunq Raises $49 Million to Further International Expansion and Growth
Bunq Raises $49 Million to Further International Expansion and Growth
July 24, 2023  |  Investments

European neobank bunq has closed a 44.5-million-euro (about $49 million) funding round that brings its total capital raised this year to nearly 100 million euros (about $111...

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MONEI CEO Says Click to Pay Poised to Gain Ground in Europe
MONEI CEO Says Click to Pay Poised to Gain Ground in Europe
July 24, 2023  |  Payment Methods

According to Alex Saiz Verdaguer, founder and CEO of MONEI, Click to Pay is set to find wider berth in Europe. Discover® Global Network recently...

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Italian Antitrust Body Eliminates Payment Fees for Small Retail Transactions
Italian Antitrust Body Eliminates Payment Fees for Small Retail Transactions
July 21, 2023  |  Digital Payments

Italy’s antitrust body has approved a deal that will eliminate payment fees and softens restrictions placed on small card transactions, following a 2022 promise made...

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