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The 100 Unicorns Born in EMEA in 2021

Startup scenes in Europe, the Middle East and Africa (EMEA) are buzzing with activity, attracting major venture capital investment this year that has led to the creation of close to 100 ‘unicorns’ — private companies with a valuation of at least $1 billion. Often overshadowed by Silicon Valley, Europe is gaining momentum. According to a recent report from venture capital firm Atomico, the region is “solidifying its place as a...

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Five Restaurant Technology Trends to Watch in 2022

Restaurants had a big year in 2021. The early months of the year marked the most advanced stages of the industry’s digital shift, as tech-enabled off-premises channels advanced rapidly while many consumers were still observing social distancing practices. Later, as the vaccine rolled out and consumer mobility increased, restaurants were able to retain many of their new digital customers while finding increasingly omnichannel...

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54% of Consumers Keep Their Retail Subscriptions Going After Their Free Trial Ends

Free trials are and always have been key to converting new subscribers to retail subscriptions. In fact, 80% of retail subscribers who subscribed after the pandemic — 35 million people — say they first used at least one of the subscriptions they have acquired since March 2020 via free trial, according to the “Subscription Commerce Conversion Index,” a PYMNTS and sticky.io collaboration based on a survey of 2,424 U.S....

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DeFi Is the New Big Thing in Crypto. But What Is It? Here’s Everything You Need to Know

Decentralized finance is at the core of the crypto revolution. Or so the hype says. In the year in which the world woke up to the reality of cryptocurrency as something other than a combination of techie plaything and tool of criminals, DeFi stood out. With $100 billion invested, it’s far too large for mainstream finance to ignore. DeFi is, in many ways, cryptocurrency at its purist: A financial tool that needs neither banker nor...

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Crypto Broker Voyager Faces Lawsuit Over Alleged Hidden Fees

Cryptocurrency broker Voyager Digital has been hit with a proposed class action lawsuit over its alleged misleading of customers about hidden fees, Bloomberg wrote Wednesday (Dec. 29). The lawsuit says Voyager advertised its trades as 100% commission free. However, there are allegations that there are secret commissions in the pricing of trades that could sometimes exceed the disclosed fees and commissions from competitors. Michael...

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With Subscriber Growth Slowing, Media Groups Spend $115B on Streaming Content

The top eight U.S. media groups will spend at least $115 billion on new content — even as video streaming loses them money, Financial Times (FT) reported Tuesday (Dec. 28). While there are concerns that it might become more difficult to get new customers in 2022 after the massive growth of the last few years of the pandemic, companies also don’t want to miss out on the action. Michael Nathanson, a media analyst, said there’s...