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Geographic Expansion · EMEA

Paytm's Luxembourg-based subsidiary Paytm Europe Payments S.A. received a payment institution licence from Luxembourg financial regulator CSSF, enabling operations across EU payment services. Follows €9M capital injection and CEO appointment from Luxembourg House of Financial Technology. Company entering European market via wholly-owned operating entity after successful tests in UAE, Singapore, Saudi Arabia.

Layoffs · EMEA

Starling Bank is cutting approximately 130 jobs (out of 4,000+ employees) to simplify operations, reduce duplication, and accelerate product delivery. The restructuring affects banking and technology units. The cuts follow a 3% decline in pre-tax profits and a drop in revenues from £940m to £887m in the year ending 2025.

Partnership · EMEA

Klarna partnered with Money Wellness to offer free financial wellbeing checks to UK customers

Ma Activity · EMEA

Finova acquired AI lendtech start-up Cubit Labs. This is the first M&A transaction under new leadership (Gareth Richardson, appointed within the last year). Finova is Bain Capital-backed.

Leadership Change · EMEA

Adyen appointed a chief product officer and an interim chief financial officer, signaling leadership restructuring to support recent acquisition integration.

Strategic Hiring · EMEA

Fenergo appointed Lekshmi Nair as Chief Revenue Officer, based in London. This follows the recent appointment of Hishaam Caramanli as President and COO, signaling aggressive scaling of senior commercial leadership ahead of growth phase.