Zepz, a $5 billion fintech unicorn, is laying off more staff
Zepz, which owns the WorldRemit and Sendwave brands, has a headcount of around 1,600. Sopa Images | Lightrocket | Getty …
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European tech funding halves to $45 billion, back to pre-Covid levels — but AI is a bright spot
A 3D map showing the continent of Europe. Constantine Johnny | Moment | Getty Images Venture capital investment into Europe’s …
Binance users pull over $1 billion from the exchange after CEO leaves, pleads guilty
Binance’s Co-founder & CEO Changpeng Zhao speaks during the 2022 Web Summit in Lisbon, Portugal, on November 1, 2022. Ben …
Plaid taps Adyen executive to lead its European operations
Plaid’s new head of Europe, Brian Dammeir. Plaid U.S. financial technology firm Plaid has hired former Adyen executive Brian Dammeir …
Mastercard doubles down on effort to detect and tackle crypto fraud with AI tie-up
BARCELONA, SPAIN – MARCH 01: A view of the MasterCard company logo on their stand during the Mobile World Congress …
Alphabet-backed GoCardless considers takeovers as CEO expects a barrage of consolidation
Hiroki Takeuchi, GoCardless chief executive, on the MoneyConf Stage, attends Web Summit 2021 in Lisbon, Portugal. Harry Murphy | Sportsfile …
Ripple CEO says SEC has lost sight of mission to protect investors
Brad Garlinghouse, chief executive officer of Ripple Labs Inc., speaks during the Token2049 conference in Singapore, on Wednesday, Sept. 13, …
Deutsche Bank and UniCredit back $4.5 billion insurance startup Wefox with $55 million in fresh funds
Wefox CEO Julian Teicke. Wefox Wefox, the $4.5 billion German insurance technology group, has raised $55 million of fresh funding …
UK invests $273 million in AI supercomputer as it seeks to compete with U.S., China
Bletchley Park was a codebreaking facility during World War II. Getty The U.K. government said Wednesday that it will invest …
With China playing catchup with the U.S., these 3 charts show the top countries for fintech in 2023
Chinese and US flags fly outside a hotel during a 2012 U.S. presidential election results event organized by the US …