Dutch neobank bunq eyes UK expansion, 3 years after Brexit ousting
Dutch challenger bank bunq has reported its first full year of profit, a welcome cash cushion as the company plans its UK relaunch. Bunq, which is Europe’s second largest neobank,…
Insta mules and crypto mixers: How tech is transforming money laundering
On the shallow surface of Instagram, Ramon “Hushpuppi” Abbas was a quintessential influencer. The flamboyant Nigerian portrayed a lavish lifestyle of private jets, luxury cars, and designer clothes. His glamorous…
What European fintech has in store for 2024
This year was challenging for the financial technology, or fintech, sector. Interest rates rose and funding fell, continuing the shift in focus from growth to profitability. But what does 2024…
Meet Finn — bunq’s new GenAI chatbot
Today, Dutch neobank bunq launched its generative AI platform — Finn. Running on open large language models (LLMs) from OpenAI and Meta, the new chatbot function is designed to help…
Meet Finn — bunq’s new GenAI chatbot
Today, Dutch neobank bunq launched its generative AI platform — Finn. Running on open large language models (LLMs) from OpenAI and Meta, the new chatbot function is designed to help…
Solving the SME cash flow crisis: It’s time for late payments to end
In the intricate web of business activity in the UK, the relationship between large corporations and SMEs plays a pivotal role in shaping the economic landscape. With SMEs accounting for 99.9%…
Payments startup SumUp bags €285M amid fintech funding plunge
2023 has been a tough funding year for European fintech startups, with raised capital dropping 70% drop in H1 compared to the same period in 2022. But against this backdrop,…
Europe’s battle against the rising media power of Silicon Valley
It’s a question as old as the tech industry itself: can Europe compete with Silicon Valley? This reared up again in my mind for two main reasons. The first is…
Nokia sues Amazon, HP over video patent infringement
Nokia has taken legal action against Amazon and HP over their alleged “unauthorised use” of the company’s video streaming-related technologies. In a blogpost, Nokia’s Chief Licencing Officer Arvin Patel alleged…
Amazon to launch ‘sovereign’ European cloud amid data privacy concerns
Amazon has announced the launch of independent cloud services for Europe, in what seems to be an attempt to allay fears over EU data sovereignty. The tech giant will be…
Google to pay €3.2M yearly fee to German news publishers
Google has agreed to pay German publishers €3.2mn per year for publishing their content on its News search engine. The compensation is part of an interim agreement between the tech…
UK investigates Amazon, Microsoft cloud services over market dominance concerns
The UK’s competition watchdog (CMA) has opened an investigation into Amazon’s and Microsoft’s cloud services after concerns over their dominant position in the market. The move follows a study by…