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Research and Markets: Europe Gift Card and Incentive Card Future Growth Dynamics: Spend Analysis by Digital/e-Gift Card, Retail and Corporate Consumers, Top Retailers, Distribution Channel, Occasions, and Demographics


Research and Markets: Europe Gift Card and Incentive Card Future Growth Dynamics: Spend Analysis by Digital/e-Gift Card, Retail and Corporate Consumers, Top Retailers, Distribution Channel, Occasions, and Demographics - ResearchAndMarkets.com
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The European gift card market has seen significant growth over the past few years. However, the gift card market growth in the region in 2020 has been impacted due to the pandemic. COVID-19 has had adverse effect on the social and economic condition in Europe. Real GDP fell by about 40% in Q2 20 (annualized quarter-over-quarter), with greater contraction in advanced Europe, where the virus spread first, as compared to emerging Europe. Moreover, the pandemic is worsening in the region. As per Organization for Economic Co-operation and Development (OECD), the UK is the most affected by the pandemic and by the end of 2021 the UK economy is expected to be 6% smaller than pre- COVID crisis. ....

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Cusp Capital launches with a $361M fund for early stage startups in Germany and Europe – TechCrunch


Cusp Capital launches with a $361M fund for early stage startups in Germany and Europe
In the past ten years, an investment team led by Christian Winter, Jan Sessenhausen, Helmut Klawitter and Wilken Engelbracht worked principally with German family offices, investing in startups such as Klarna, Zalando and Delivery Hero that went on to be worth around €80 billion in total. Today they are launching a VC firm of their own, Cusp Capital, with €300 million ($361m) under their belt. 
Cusp Capital will back early-stage young tech companies across Europe. Its LPs include institutional investors such as the European Investment Fund, KfW Capital, RAG Stiftung, and NRW.BANK, alongside family offices and entrepreneurs. ....

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Connecticut's 14 billionaires got richer during the COVID-19 pandemic, according to Forbes. Here's how much more they are worth.

Connecticut's 14 billionaires got richer during the COVID-19 pandemic, according to Forbes. Here's how much more they are worth.
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