SumUp, a rival to Jack Dorsey’s Block, defies fintech funding slump with $307 million cash injection

[ad_1] SumUp Chief Financial Officer Hermione McKee said the fresh capital gives the company “more firepower to act on opportunities,” including acquisitions and new country launches. SumUp British payments startup…

Expats in Netherlands Face Higher Taxes After House Votes to Shrink Benefit

[ad_1] The Dutch parliament approved a proposal to cut a benefit that exempts 30% of an expat’s salary from income tax for five years. The plan reduces the 30% exemption…

Plaid taps Adyen executive to lead its European operations

[ad_1] Plaid’s new head of Europe, Brian Dammeir. Plaid U.S. financial technology firm Plaid has hired former Adyen executive Brian Dammeir as its new head of Europe, the company told…

European markets reverse losses as earnings boost sentiment

[ad_1] An Hour Ago AstraZeneca climbs after raising earnings forecast AstraZeneca shares climbed 2.8% on Thursday morning after the Anglo-Swedish pharmaceutical giant upped its annual earnings forecast and beat third-quarter…

Early Revolut backer Lakestar leads $40 million investment in French fintech startup Swan

[ad_1] Swan co-founder and CEO Nicolas Benady. Swan European venture capital giant Lakestar, an early supporter of fintech unicorn Revolut, has emerged as a prominent backer of French fintech startup…

Europe stocks climb as investors await Nvidia results; euro lower as PMIs disappoint

[ad_1] Europe stocks climb as investors await Nvidia results; euro lower as PMIs disappoint  CNBC [ad_2] Source link

Europe’s Stripe rival Adyen saw $20 billion wiped off its value in a single day. Here’s what’s going on

[ad_1] Adyen reported a big miss on first-half sales Thursday. The news drove a $20 billion rout in the company’s market capitalization . Pavlo Gonchar | Sopa Images | Lightrocket…

Europe’s Stripe rival Adyen dives 39% after slowest sales growth on record

[ad_1] The Adyen logo displayed on a smartphone. Rafael Henrique | SOPA Images | LightRocket via Getty Images Shares of Adyen, the European payments giant taking on U.S. titan Stripe,…