EMEA

Ripple CBDC Head Makes the Case for Blockchain-Based Money
Ripple CBDC Head Makes the Case for Blockchain-Based Money
May 18, 2023  |  CBDC

Innovations that transform the world historically rest on revolutionary, but above all viable, use cases. Utility is instrumental to adoption, and as money movement becomes increasingly...

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Berlin-Based InsurTech wefox Raises $110 Million to Build International Business
Berlin-Based InsurTech wefox Raises $110 Million to Build International Business
May 17, 2023  |  Insurance

Berlin-based InsurTech wefox has raised $110 million to further strengthen its insurance and distribution business. That total includes $55 million in a revolving credit facility from J.P....

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London-Based Seedcamp Launches $180 Million Fund to Back European Entrepreneurs
London-Based Seedcamp Launches $180 Million Fund to Back European Entrepreneurs
May 17, 2023  |  Startups

Seedcamp has launched a $180 million fund to back European entrepreneurs. The London-based seed-stage venture capital (VC) fund will use its Fund VI to lead investment...

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Hungary’s Domestic Scheme to Boost Real-Time Payments Volume Nearly 3X by 2026
Hungary’s Domestic Scheme to Boost Real-Time Payments Volume Nearly 3X by 2026
May 17, 2023  |  Real-Time Payments

Real-time payment adoption in Europe has seen historic growth in recent years, with several countries such as the U.K., Sweden, the Czech Republic and Hungary, developing domestic payment systems to...

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Finland’s Lifeline Ventures Closes $163 Million Fund for Early-Stage Founders
Finland’s Lifeline Ventures Closes $163 Million Fund for Early-Stage Founders
May 17, 2023  |  Startups

Finland-based Lifeline Ventures has closed its fifth fund at €150 million (about $163 million). The venture capital (VC) firm will use the fund to continue backing early-stage...

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Over 63% of SaaS Firms Want Integrated Spend Management Solutions
Over 63% of SaaS Firms Want Integrated Spend Management Solutions
May 17, 2023  |  Spend Management

When it comes to managing non-payroll spending, automation is where a great deal of the smart money is going. A considerable number of Software-as-a-Service (SaaS)...

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Meta and BMW Seek to Solve In-Car VR
Meta and BMW Seek to Solve In-Car VR
May 17, 2023  |  Connected Economy

Meta and BMW say they’ve made a breakthrough in their car-based virtual reality project. The two companies on Wednesday (May 17) announced an update to their partnership, formed in 2021,...

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Fabrick Beefs Up Embedded Finance Strength With Judopay Purchase
Fabrick Beefs Up Embedded Finance Strength With Judopay Purchase
May 17, 2023  |  Acquisitions

Open finance company Fabrick says it has acquired British mobile payments firm Judopay. The deal, announced Wednesday (May 17), marries Fabrick’s Payment Orchestra — its...

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Ripple Buys Crypto Custody Firm Metaco for $250 Million and Expands to Tokenization
Ripple Buys Crypto Custody Firm Metaco for $250 Million and Expands to Tokenization
May 17, 2023  |  Cryptocurrency

Enterprise crypto company Ripple has acquired Swiss digital asset custody provider Metaco for $250 million.  The deal, announced Wednesday (May 17), will help Ripple tap into an institutional crypto custody market...

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