uk

Libra Currency Could Pose Tax Challenges
Libra Currency Could Pose Tax Challenges
July 01, 2019  |  Cryptocurrency

With the idea of pegging Libra’s value to a basket of international currencies, Facebook’s proposed cryptocurrency would bring tax challenges to European users, per tax...

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European Laundry Startups Merge To Dominate UK Market
European Laundry Startups Merge To Dominate UK Market
June 28, 2019  |  Partnerships / Acquisitions

Laundry service startup Laundrapp announced that it has merged with its biggest competitor, Zipjet, to become the largest on-demand laundry service. Together, the companies will...

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UK Approves PayPal’s iZettle Acquisition
UK Approves PayPal’s iZettle Acquisition
June 12, 2019  |  Partnerships / Acquisitions

With the United Kingdom Competition and Markets Authority’s (CMA) decision to provide final and unconditional approval of PayPal’s completed acquisition of iZettle, the digital payments...

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WorldRemit Raises $175M For Global Expansion
WorldRemit Raises $175M For Global Expansion
June 03, 2019  |  Investments

WorldRemit, the mobile payments company, announced Monday (June 3) that it raised $175 million in venture funding. In a press release, WorldRemit said the Series...

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Amazon Launches Pop-Up Stores In UK
Amazon Launches Pop-Up Stores In UK
June 03, 2019  |  Amazon

Amazon, the Seattle, Washington eCommerce giant, is expanding in the U.K., planning to launch pop-up stores to give small businesses the chance to sell on...

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Yapily Raises $5.4M To Connect UK FinTechs To Banks
Yapily Raises $5.4M To Connect UK FinTechs To Banks
May 30, 2019  |  Investments

Yapily, the U.K.-based FinTech startup, has raised $5.4 million in a seed round of funding. According to a press release covered by PE Hub, the...

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Monese Brings Apple Pay To 13 Countries; UK Retailer Iceland Tests Mobile Wallet Tech
Monese Brings Apple Pay To 13 Countries; UK Retailer Iceland Tests Mobile Wallet Tech
May 21, 2019  |  Global Payments

Welcome to The Axis, your late look at payments news from around the world. Coverage includes the results of a ranking of cities and states in...

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UK Pol Tom Watson Asks For Investigation Into Amazon’s Stake In Deliveroo
UK Pol Tom Watson Asks For Investigation Into Amazon’s Stake In Deliveroo
May 17, 2019  |  Regulation

Tom Watson, an MP and deputy leader of the Labour Party, has said he’s asking the U.K.’s Competition and Markets Authority (CMA) to investigate Amazon’s...

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UK Bank NatWest Introduces Merchant Acquiring Service For SMBs
UK Bank NatWest Introduces Merchant Acquiring Service For SMBs
May 02, 2019  |  Banking

U.K. bank NatWest is starting a merchant acquiring service for small to medium-sized businesses (SMBs), according to reports. The venture is called NatWest Tyl and...

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