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UK Car Retailer Cazoo Ditches EU Market to Ease Path to Profitability

UK Car Retailer Cazoo Ditches EU Market to Ease Path to Profitability
UK Car Retailer Cazoo Ditches EU Market to Ease Path to Profitability
October 27, 2022  |  Earnings

Following last month’s announcement that it is pulling out of the mainland European market to focus its attentions on the United Kingdom, British online auto...

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UK Financial Services Minister Proposes Cryptoasset Regulation
UK Financial Services Minister Proposes Cryptoasset Regulation
October 27, 2022  |  Cryptocurrency

A new wave of cryptocurrency regulation may be coming for British investors, as U.K. Financial Services Minister Andrew Griffith on Thursday (Oct. 27) put forth...

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Money Transfer Firm Wise Lands $347M in Capital
Money Transfer Firm Wise Lands $347M in Capital
October 27, 2022  |  Investments

British money transfer firm Wise has received $300 million pounds (about $347.1 million) via a syndicated debt facility from the United Kingdom branch of California’s...

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CloudPay Raises $50M to Meet Integrated Payroll Demand
CloudPay Raises $50M to Meet Integrated Payroll Demand
October 27, 2022  |  Investments

Pay solutions firm CloudPay has raised $50 million in a new round of funding as the London-based company looks to meet a demand for integrated...

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Crypto Fans Pin Hopes on New UK PM and Regulations
Crypto Fans Pin Hopes on New UK PM and Regulations
October 25, 2022  |  Cryptocurrency

Cryptocurrency advocates are hoping they have a friend in new British Prime Minister — and digital currency supporter — Rishi Sunak. Get the Full Story...

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EU Remains Resilient As VAT U-Turn Threatens UK Luxury Retail Revenue
EU Remains Resilient As VAT U-Turn Threatens UK Luxury Retail Revenue
October 24, 2022  |  Retail

Dek: The decision to scrap a VAT exemption for travelers to the U.K. will be felt most by the country’s luxury retailers, which are largely...

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Businesses Push Banks, FIs for Innovation in B2B Payments
Businesses Push Banks, FIs for Innovation in B2B Payments
October 24, 2022  |  B2B Payments

You could call it a case of better late than never. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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B2B Marketplace Fills Financing Gap For Int’l Jewelry Buyers
B2B Marketplace Fills Financing Gap For Int’l Jewelry Buyers
October 24, 2022  |  B2B Payments

With over a million diamonds globally available from sellers all over the world, working with a customer to find the right item, such as an...

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