UAE defies fintech slowdown with a 92% jump in funding — against a global plunge of 48%
The fintech industry saw more pain in 2023, with overall investment falling by half as higher interest rates and worsening…
Crypto firms introduce risk assessments and finance tests in response to strict new rules in UK
Coinbase, Crypto.com, Gemini and other cryptocurrency exchanges are warning users in the U.K. that they’ll need to start filling out…
Ex-Trump lawyer Michael Cohen says he unwittingly sent AI-generated fake legal cases to his attorney
Michael Cohen, Donald Trump’s onetime personal lawyer and fixer, says he unwittingly passed along to his attorney bogus artificial intelligence-generated…
Coinbase secures crypto license in France, pushing deeper in Europe amid rift with the SEC
Cryptocurrency exchange Coinbase secured registration with the French markets regulator, a company spokesperson confirmed Thursday, paving the way for the…
$4.7 billion European fintech firm Pleo appoints new CFO, pointing to IPO hopes
Danish fintech firm Pleo has appointed a new chief financial officer, the company told CNBC exclusively, beefing up its executive…
SumUp, a rival to Jack Dorsey’s Block, defies fintech funding slump with $307 million cash injection
British payments startup SumUp, known for its small card readers, on Monday announced it has raised 285 million euros ($306.6…
EU agrees to landmark AI rules as governments aim to regulate products like ChatGPT
The European Union on Friday agreed to landmark rules for artificial intelligence, in what’s likely to become the first major…
Robinhood launches crypto trading service in the EU
Online brokerage giant Robinhood on Thursday said it’s launching a cryptocurrency trading feature in the European Union, pushing further outside…
Zepz, a $5 billion fintech unicorn, is laying off more staff
Zepz, the money transfer group that owns WorldRemit, made a fresh round of layoffs. The British fintech unicorn, which is…
European tech funding halves to $45 billion, back to pre-Covid levels — but AI is a bright spot
Venture capital investment into Europe’s tech industry plunged by half in 2023 as investors continued to reel from the effects…
