europe

Mistral’s $640 Million Funding Round Fuels Europe’s AI Ambitions
Mistral’s $640 Million Funding Round Fuels Europe’s AI Ambitions
June 12, 2024  |  Artificial Intelligence

Mistral AI, a Paris-based artificial intelligence startup, raised $640 million in a Series B funding round led by General Catalyst, propelling its valuation to $6...

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What EU MiCA’s July Implementation Means for Global Regulation
What EU MiCA’s July Implementation Means for Global Regulation
June 10, 2024  |  Cryptocurrency

Stablecoins sit at the center of the crypto sector’s goals for a return to form. That’s because stablecoin digital assets, which are designed to maintain...

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UK Neobank Starling Will Not Reapply for EU Banking License
UK Neobank Starling Will Not Reapply for EU Banking License
June 05, 2024  |  Banking

United Kingdom neobank Starling reportedly does not plan to reapply for a European Union banking license. Instead, the company will try to expand internationally via...

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Mastercard Opens Center to Combat Cybercrime in Europe
Mastercard Opens Center to Combat Cybercrime in Europe
May 30, 2024  |  Fraud Prevention

Mastercard has unveiled a center in Europe aimed at tackling cyber crime in the region. The Europe Cyber Resilience Center (ECRC), announced Thursday (May 30),...

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Kintsugi Raises $6 Million to Further Develop Tax Automation Platform
Kintsugi Raises $6 Million to Further Develop Tax Automation Platform
May 29, 2024  |  Investments

Kintsugi raised $6 million in a Series A funding round to further develop its tax automation platform. The round, which valued the company at $40...

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Elavon and Woo Partner on Online Payments for European Businesses
Elavon and Woo Partner on Online Payments for European Businesses
May 29, 2024  |  Partnerships

Elavon and Woo partnered to facilitate online payments for small- to medium-sized businesses (SMBs) in Europe. With this collaboration, Elavon’s payment extension will be integrated...

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Eurozone Sees Third Straight Month of Upbeat Economic News 
Eurozone Sees Third Straight Month of Upbeat Economic News 
May 23, 2024  |  Spend Management

Businesses in the Eurozone have seen their third straight month of growth. According to The Wall Street Journal, this upward climb has been driven in a...

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Capchase Secures $114 Million to Provide Funding for SaaS Businesses
Capchase Secures $114 Million to Provide Funding for SaaS Businesses
May 21, 2024  |  Startups

Capchase received a 105-million-euro (about $114 million) credit facility warehouse led by Deutsche Bank to support flexible financing for software-as-a-service (SaaS) businesses in the United Kingdom and Europe....

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European Council Approves AI Act, Says It Sets Global Standard
European Council Approves AI Act, Says It Sets Global Standard
May 21, 2024  |  artificial intelligence

The European Council (EC) has approved the Artificial Intelligence (AI) Act, saying this law is the first of its kind in the world and may set a global...

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