Cash is no longer the most-favoured mode of payment in Germany
Contactless payment increased by nearly 40% since the pandemic...
Tag : Europe
Swiss Re to invest $200 mn in a new parent company called Definity
It will serve as the parent company to Economical Insurance, Family Insurance Solutions, Petline Insurance and Sonnet Insurance...
London-based healthtech Abtrace raises £2.1 mn to enhance tech capabilities
Lisbon-based venture capital fund Faber led the funding round for Abtrace...
Bank North becomes UK’s newest SME bank after acquiring operating licence
The bank will open the doors of its first lending Pod in Manchester...
UK’s CityFibre to raise £1 bn through debt issue, stake sale
Mubadala Investment Company and Interogo Holding are poised to take stakes in CityFibre...
UK-based fintech Kroo receives banking licence
Kroo is one of the only two new banks to be authorised in 2021 so far...
China’s Longi Solar to supply 64 MW of modules for projects in Europe
The modules are for projects in Denmark and Portugal...
PayPal to launch crypto services in the UK
The launch could be as early as next month, according to PayPal CEO Dan Schulman...
France-based telco Orange eyes stake as Ethio Telecom goes private
Ethiopia is planning to sell-off of a 40% stake in the state-owned telco...
Half of the world’s population to access digital banking by 2026
Around 2.5 bn people use digital banking services currently across the globe...