EMEA

Investor Molten Ventures Cuts 40% off Revolut’s Valuation
Investor Molten Ventures Cuts 40% off Revolut’s Valuation
June 15, 2023  |  Business

Revolut’s struggle to land a U.K. banking license continues to cost the London-based FinTech. Molten Ventures, a venture capital firm that has invested in Revolut,...

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CAB Payments Sees ‘Significant’ IPO Interest Despite Rocky UK Market
CAB Payments Sees ‘Significant’ IPO Interest Despite Rocky UK Market
June 15, 2023  |  IPO

CAB Payments Holdings has confirmed its plans to go public on the London Stock Exchange. The payments services/foreign exchange company had first announced plans for...

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AI Regulation: How Could It Impact Everyday Life for Consumers and Businesses
AI Regulation: How Could It Impact Everyday Life for Consumers and Businesses
June 15, 2023  |  Regulation

By Danni Yu & Benjamin Cedric Larsen Different AI regulatory regimes are currently emerging across Europe, the United States, China, and elsewhere. But what do these...

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Worldline Unveils Payment Suite for Electric Vehicle Charging
Worldline Unveils Payment Suite for Electric Vehicle Charging
June 14, 2023  |  Payment Methods

With more drivers going electric, Worldline has debuted an electric vehicle payments tool. The company’s Worldline EV Charging Payments Suite is designed to meet the...

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Google Ad Business Accused of Breaking EU Antitrust Laws
Google Ad Business Accused of Breaking EU Antitrust Laws
June 14, 2023  |  ANTITRUST

Google is once again facing allegations that its ad business constitutes a monopoly. The European Commission (EC) on Wednesday (June 14) announced that a preliminary...

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Month-Old AI Startup Mistral Raises $113 Million
Month-Old AI Startup Mistral Raises $113 Million
June 14, 2023  |  Investments

French startup Mistral AI has reportedly raised a record $113 million in seed funding. The company, founded by artificial intelligence (AI) vets from Google and...

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Eurozone Recession May Hint at What’s to Come for US
Eurozone Recession May Hint at What’s to Come for US
June 13, 2023  |  Economy

Slowed consumer spending led to a recession for the eurozone, stoking speculation of a global pullback. One consequence of a global economy is that when...

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Germany Digital Payment Growth May Pause as Country Enters Recession
Germany Digital Payment Growth May Pause as Country Enters Recession
June 13, 2023  |  Digital Payments

Ingrained faith in the physicality of banknotes has long driven German consumer behavior, as cash still accounts for an average 51% of all retail transactions as recently...

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Voima Closes $97 Million Science-Based Venture Fund for Tech Startups
Voima Closes $97 Million Science-Based Venture Fund for Tech Startups
June 13, 2023  |  Investments

Finland’s Voima Ventures has closed a $97 million fund to support deep tech firms. The fund will back Nordic and Baltic early-stage companies focused on...

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