Speaking to Brand Republis, Brook said that his new role with PayPal would centre on “understanding the variety and appreciating the brands different stages of maturing across each of the markets within the EMEA region.”
In relation to this, PayPal is still growing and aiming to fully establish itself in countries across Eastern Europe. Nevertheless, the UK and Germany currently represent the company’s strongest markets having deployed a range of products and services.
Barclays has signed contracts with six of the fintech startups that just graduated from its second New York accelerator programme.
Company card killer Pleo has raised $3m in new funding as it prepares for public launch in the UK and Denmark.
Cheques are become less and less common in the UK according to new research from global market research firm Mintel which claims contactless card use has overtaken cheque payments in the UK for the first time.
Payments for digital and physical goods made mobile operating system-based payments platforms like Apple Pay and Android Pay are expected to boom in the next few years according to new analysis from Juniper.