Middle East expansion: Company strengthens international presence and signals commitment to Middle East by opening its first non-European office in Dubai. Dubai, UAE – Bitpanda, Europe’s leading crypto platform, is accelerating its global growth by obtaining an in-principle approval from the Virtual Assets Regulatory Authority (VARA) in under 8 months from submission. Once officially licensed Bitpanda will […]
Crypto.com and Mastercard Collaborate to Scale the Digital Payments Industry in GCC Region – Fintech News Europe
Bahrain, December 4, 2024 – Crypto.com has secured a principal licence with Mastercard, enabling the company to directly issue cards on Mastercard’s network. Crypto.com will launch a card in Bahrain powered by Mastercard. The new programme will leverage Mastercard’s trusted, scalable and secure payments network to enable Crypto.com customers to use their card at over 150 […]
Tencent’s Weixin Palm Scan Payments System Revolutionizes Transactions in China – Fintech News Europe
A New Era of Payment TechnologyChina has witnessed a transformative leap in payment systems with the launch of Weixin Palm Payment, a cutting-edge hand-scanning technology developed by Tencent. This innovative solution simplifies daily transactions, allowing commuters to access subways and employees to enter office buildings with a quick palm scan. Introduced in May 2023 and officially launched […]
Worldpay and Mastercard Unveil Virtual Card Solution for Travel Agents
Worldpay has partnered with Mastercard to introduce an innovative virtual card solution tailored for travel agents, aiming to streamline payments and address long-standing industry challenges. In a press release issued on Wednesday (Nov. 20), Worldpay highlighted the persistent difficulties travel agents face in managing payments to suppliers such as airlines, hotels, and other travel service […]
Klarna Moves Towards U.S. IPO Amidst Strategic Developments and Global Expansion Efforts
Stockholm, Sweden – November 14, 2024 – Klarna, the AI-powered global payments and shopping assistance network, has confidentially submitted its initial public offering (IPO) paperwork to the U.S. Securities and Exchange Commission (SEC). The Stockholm-based fintech unicorn, widely recognized for its innovative “Buy Now, Pay Later” (BNPL) solutions, has not yet disclosed the number of […]
Amsterdam’s Invest-NL Partners with Bpifrance to Drive European Innovation and Sustainability
Amsterdam, Netherlands – November 2024 – Invest-NL, the national investment and development institution of the Netherlands, has formalized a four-year strategic partnership with Bpifrance, France’s public investment bank. This collaboration, anchored by a newly signed Memorandum of Understanding (MoU), aims to bolster European innovation, sustainability, and entrepreneurial growth through shared knowledge, resources, and joint initiatives. […]
Bubty Secures €3M in Seed Funding to Address Global Freelancer Misclassification Risks
The Hague-based Bubty, a leading provider of Freelance Management Systems (FMS), announced today it has raised an additional €3 million in seed funding from its existing investors. This funding follows an initial €1.73 million round secured nearly a year ago and will drive the company’s global expansion of its compliance-focused solution, Bubty Services. Scaling Compliance […]
Ottu Partners with Keyloop to Modernize Digital Payment Solutions for Automotive Dealerships Across GCC
The collaboration promises a seamless payment experience, aiming to transform payment processing for automotive retailers and boost customer satisfaction. Ottu, a leading fintech platform in the GCC, has announced a strategic partnership with Keyloop, a global provider of automotive retail solutions, to revolutionize payment systems for automotive dealerships. The partnership is set to streamline digital […]
Amsterdam’s TAGGRS Raises €2M in Funding from No Such Ventures to Revolutionize Data Tracking in a Privacy-First Era
Amsterdam, Netherlands – TAGGRS, an Amsterdam-based innovator in server-side data tracking, has secured €2 million in growth funding from No Such Ventures. The new funding will fuel TAGGRS’ mission to become a global leader in server-side tracking and data management, providing businesses with a privacy-compliant, accessible, and effective tracking solution as third-party cookies phase out. […]
Unitplus Secures €4.7 Million in Seed Financing to Launch AI-Powered Investment Product
Berlin, Germany – In a significant milestone, Berlin-based fintech startup Unitplus has raised €4.7 million in seed funding, led by UK venture capital firm Pact. This latest round also saw participation from Seed X, a specialist fund focused on financial startups, alongside prominent business angels, including Alexandros Bottenbruch from PayPal Ventures. Unitplus, known for its […]