Intelligent CIO Europe Issue 50 | Page 9

NEWS

Colt announces access to Oracle Cloud services in Sweden via FastConnect

This expansion allows customers to take advantage of on-demand , high-speed , secure connectivity from their sites to the Oracle Cloud .
With Colt ’ s two Metropolitan Area Networks ( MANs ) in Copenhagen and Stockholm , over 670 connected business sites and 45 connected data centres in the region , enterprises will be able to take control of their cloud migrations in the region . Colt ’ s offering , together with OCI FastConnect , ensures an easy , flexible and economical way for enterprises in Sweden ’ s industrial and financial heart to connect to Oracle Cloud .

Colt Technology Services , a leading provider of agile , high bandwidth connectivity solutions and a member of Oracle Partner Network ( OPN ), has announced it is expanding the Colt IQ Network footprint and offering connectivity services to the Oracle Cloud Stockholm Region via Oracle Cloud Infrastructure ( OCI ) FastConnect . Oracle customers can harness the power of Oracle Cloud locally , including Oracle Autonomous Database , to unlock innovation and drive business growth .

Colt ’ s relationship with Oracle began three years ago and allows enterprises to take advantage of the 100Gbps optimised Colt IQ Network and on demand capabilities to connect to Oracle Cloud , supporting an optimal , end-to-end cloud migration and adoption experience with OCI FastConnect .

Klarna and Marqeta expand global partnership into new European markets

Marqeta , a global modern card issuing platform , has announced that it has expanded its partnership with Klarna , a leading global retail bank , payments and shopping service , into 13 new European markets : the UK , Germany , France , Italy , Spain , Netherlands , Poland , Belgium , Austria , Ireland , Norway , Finland and Denmark .

This new European expansion of Marqeta ’ s partnership with Klarna began with the launch of Klarna ’ s UK shopping app in May 2021 .
This was followed by a broader expansion to 12 additional markets in September , with Marqeta supporting Klarna ’ s one-time virtual cards in all 12 markets . This represents a significant expansion of the scope of the two companies ’ partnership and a major win for Marqeta ’ s European business .
Marqeta launched in Europe in 2018 and in November announced that the number of transactions processed by its European customers in the third quarter of 2021 increased by over 340 % year-over-year .
“ Klarna has seen significant growth of our consumer base in the past years , most especially in the US , and partners like
Marqeta support this trajectory ,” said Koen Kӧppen , Chief Technology Officer at Klarna . “ Marqeta ’ s tech platform has helped us quickly realise new or improved products in complex markets . We ’ re happy to work with Marqeta in Europe to further leverage this expertise as we develop our offering .”
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