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…
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…
SoftBank-backed metaverse firm Improbable sells a key gaming venture for $97 million
Metaverse company Improbable has sold one of its key gaming ventures to London-listed video game developer Keywords Studios for £76.5…
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…
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…
Plaid taps Adyen executive to lead its European operations
U.S. financial technology firm Plaid has hired former Adyen executive Brian Dammeir as its new head of Europe, the company…
Reid Hoffman-backed PAC may fund primary campaign against progressives Rashida Tlaib, Cori Bush
A political action committee funded largely by LinkedIn co-founder Reid Hoffman may be on the brink of launching a primary…
As U.S.-China tensions rumble on, fintech unicorn Airwallex pushes into Latin America with Mexico deal
Global fintech giant Airwallex on Thursday said it has agreed to acquire MexPago, a rival payments company based out of…
A top European software investor raises $700 million — defying the venture capital slump
Dawn Capital, one of Europe’s biggest backers of business-to-business software companies, raised $700 million in two new funds — doubling…
China VCs have a big problem — and it’s not just a drop in U.S. investor appetite
BEIJING — In the years since Alibaba’s U.S. listing in 2014, early-stage investing has drawn tens of billions of dollars…
