EMEA Daily: Currencycloud Debuts Tool for off-Hour FX; German FinTech Kadmos Closes $9.1M Seed Round – PYMNTS.com

In today’s top Europe, Middle East and Africa news, Visa’s Currencycloud launched its Weekend FX tool, while Berlin-based FinTech Kadmos closed an $9.1 million seed funding round.

Plus, seven teenagers were arrested in London in connection with the Lapsus$ hacking spree, the Bank of England said a legal framework to regulate crypto assets is needed and Dutch payments service provider Mollie signed a multi-year agreement with Mazda Motor Europe.

Currencycloud, a London-based, Visa-owned cross-border payments platform, has launched a tool called Weekend FX, designed to give clients a way to offer competitive foreign exchange rates after markets close.

“With an increasingly global business culture, companies and retailers often work outside of traditional operating hours and days of the week,” the company said in its announcement. In the past, overcoming this option meant businesses either losing to competitors or building their after-hours trading solution, which comes with a great…

Read Full Story: https://www.pymnts.com/news/international/2022/emea-daily-currencycloud-debuts-tool-for-off-hour-fx-german-fintech-kadmos-closes-9-1m-seed-round/

The post EMEA Daily: Currencycloud Debuts Tool for off-Hour FX; German FinTech Kadmos Closes $9.1M Seed Round – PYMNTS.com first appeared on SEO, Marketing and Social News | OneSEOCompany.com.

source: https://news.oneseocompany.com/2022/03/24/emea-daily-currencycloud-debuts-tool-for-off-hour-fx-german-fintech-kadmos-closes-91m-seed-round-pymntscom_2022032416721.html

Your content is great. However, if any of the content contained herein violates any rights of yours, including those of copyright, please contact us immediately by e-mail at media[@]kissrpr.com.