Grocery delivery app Getir exits Spain, after bidding adieu to France

Following its upcoming exit from France, quick commerce startup Getir is losing yet another European market: Spain. According to Spanish trade union CCOO, Getir failed to raise sufficient capital in a recent funding round. As a result, it will cease operations in the country and lay off its entire workforce of 1,560 employees. “We condemn the disastrous business management of Getir, which has not known how to grow or have a market strategy in Spain. Now its staff will suffer the biggest harm,” the union said in a statement. The Turkish-owned Getir Group emerged as the greatest rapid grocery delivery…

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These 3 fintech trends are key to building an inclusive future

Michael Schlein will be speaking at TNW Valencia 2023 about How fintech innovation can drive inclusive growth. Check out this discussion on the Impact stage on Thursday, March 3oth.   The world has changed so much over the past few years. The global pandemic, the war in Ukraine, worsening climate change, widespread social unrest — all these challenges have had major consequences for families, small businesses, and communities globally. For the first time in our lifetimes, global poverty and hunger are on the rise, and the economic environment remains uncertain and unstable. As challenges evolve, so do solutions. While today’s challenges…

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