europe

Moonfire Raises $115 Million for AI-Centric Early-Stage Startups
Moonfire Raises $115 Million for AI-Centric Early-Stage Startups
May 24, 2023  |  Investments

Moonfire Ventures has raised $115 million for European early-stage startups and the artificial intelligence (AI) space. The new fund is the latest in a series of examples of...

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EU Countries OK World’s First Comprehensive Crypto Rules
EU Countries OK World’s First Comprehensive Crypto Rules
May 16, 2023  |  Cryptocurrency

European Union members have given final approval to the world’s first comprehensive cryptocurrency regulations. EU finance ministers met in Brussels Tuesday (May 16) to approve the regulations,...

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Zimpler Launches Instant Cross-Border Payouts for Eurozone Countries
Zimpler Launches Instant Cross-Border Payouts for Eurozone Countries
May 15, 2023  |  Faster Payments

Zimpler has launched instant cross-border payouts for the 20 eurozone countries. The new account-to-account (A2A) payment solution is available for both B2C and B2B clients and...

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Europe’s 28 Million Small Businesses Get Ready for PayFac Version 2.0
Europe’s 28 Million Small Businesses Get Ready for PayFac Version 2.0
May 04, 2023  |  Digital Payments

The European region, Lynsey Verrillo, Head of Enablers and Small Business at Visa, and Marc-Alexander Christ, SumUp co-founder, told Karen Webster, is home to 28...

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CBDC Skepticism in Europe Paves Path for Tokenized Deposits
CBDC Skepticism in Europe Paves Path for Tokenized Deposits
May 03, 2023  |  CBDC

A spate of bank runs and controversies over central bank digital currencies (CBDCs) may further pave the way for tokenized deposits. The issues surrounding CBDCs...

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European Luxury Retailer Openings Jump 77% as China Sees ‘Softening’
European Luxury Retailer Openings Jump 77% as China Sees ‘Softening’
May 03, 2023  |  Retail

Luxury store openings in Europe skyrocketed last year as global travel resumed. That’s according to the latest edition of Savills’ Global Luxury Retail Outlook, which...

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Cazoo Restructuring Bears Financial Fruit Amid Struggling Global Used Car Market
Cazoo Restructuring Bears Financial Fruit Amid Struggling Global Used Car Market
April 27, 2023  |  Earnings

British online auto marketplace Cazoo said an intense focus on improving unit economics as well as restructuring activities which saw it ditch its other European...

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Embedded Invoice Financing Bridges Cash Flow Gap for EU Freelancers, SMBs
Embedded Invoice Financing Bridges Cash Flow Gap for EU Freelancers, SMBs
April 27, 2023  |  SMBs

Delayed invoice payments are the bane of businesses everywhere, but for freelancers and small businesses, the sting from these late payments can be especially crippling...

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Worldline and Credit Agricole to Create ‘Major’ French Payments Player
Worldline and Credit Agricole to Create ‘Major’ French Payments Player
April 19, 2023  |  Partnerships

Worldline has teamed with French lender Crédit Agricole to form a joint payments operation. The partnership between the two companies will “create a major player...

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