Tagged: belgium

Fintech Chift Raises €2.3 Million in Seed Funding

Belgian Fintech Chift has raised €2.3 million in seed funding, according to a statement from the company. The funding round was led by Entourage, an early-stage fund specializing in B2B SaaS and founded by Pieterjan Bouten – founder and former CEO of Showpad. Other investors… Read More

Viva.com Teams Up with Belgian Beobank, Expanding European Operations

Viva.com, Europe’s acquirer powering payments across 24 countries and any device, and Beobank, a Belgian bank offering personalized products and services to 765 000 individuals clients, self-employed individuals, and SMEs in Belgium, announced a partnership aiming to advance local SMEs’ digital evolution and business growth…. Read More

Robinhood Buys Crypto Exchange Bitstamp for $200 Million, Expands Global Reach Further

Robinhood (NASDAQ: HOOD), a modern spin on a retail brokerage, has announced the pending acquisition of Bitstamp, a crypto exchange that operates across the EU, US, UK and Asia. Bitstamp is a top 20 crypto exchange, currently ranked 16th in the world by Coinmarketcap. The digital… Read More

Swift Finally Brings 24/7 Payments to Life

Swift says it has finally brought 24/7 global payments to life for transfers destined to Europe. According to a statement by Swift, the European Payment Council’s One-Leg-Out Instant Credit Transfer scheme (OCT Inst), now enables payments to and from Europe to be processed 24 hours… Read More

Digital Assets: Kraken Introduces VASP Services in Belgium

Kraken has launched VASP services in Belgium, utilising its EU subsidiary, which has registered under the VASP regimes in Ireland, Spain and Italy. This launch reinforces Kraken’s ongoing commitment “to upholding Europe’s robust anti-money laundering and compliance standards. And further underscores Kraken’s dedication to advancing… Read More

Arab Financial Services, Belgian Delegation Forge Path for Fintech Collaboration in Bahrain

Arab Financial Services (AFS), a digital payment solutions provider in the Middle East and Africa, recently hosted a high-level economic delegation from Brussels and discussed potential partnerships within the fintech and financial services sector, highlighting a significant move towards international collaboration in this rapidly evolving… Read More

Belgium’s KBC Insurance to Support Climate Action via European Investment Fund

The European Investment Fund (EIF) and KBC Insurance have announced a new investment partnership that will see the Belgium-based Banking and Insurance Group support up to €200 million of equity investments in sustainable infrastructure projects across Europe. The deal, signed in Brussels, runs over “a… Read More

Wise and Swift Partner on Cross Border Payments

Swift, a global financial messaging service that is used by just about everyone to transfer value, has partnered with Wise (LSE:WISE) – a stealth bank that got its start in low-cost transfers. According to a statement by Swift, the partnership will enable users to complete… Read More

Global Payments Fintech iBanFirst Appoints New Chief Operations Officer

Julien Molez joins iBanFirst as Chief Operations Officer and becomes a member of the company’s Executive Committee (EXCO). With nearly 20 years of experience in consulting, technology, and artificial intelligence within leading financial institutions, Julien will “leverage his expertise to contribute to the operational excellence… Read More

Swift Tests Blockchain, Deems Tokenization Experiment a Success, Looks to the Future of Mass Digital Asset Adoption

Swift, a global financial services firm that is relied upon by more than 11,500 financial services organizations around the world, has announced a successful blockchain test deemed to show the potential for tokenized assets in the future. According to a statement by Swift, an experiment… Read More

Belgium: FSMA Orders Binance to Cease Immediately All Offers of Digital Currency Services

The FSMA has noted that Binance is offering and providing exchange services in Belgium between virtual currencies and legal currencies, as well as custody wallet services, from countries that are “not members of the European Economic Area.” The FSMA has therefore ordered Binance “to cease,… Read More

Belgium: Keytrade Bank Selects Infosys Finacle Suite for Core Banking Transformation

Infosys Finacle, part of EdgeVerve Systems, a wholly-owned subsidiary of Infosys (NYSE: INFY), and Keytrade Bank, the first online bank in Belgium and part of Credit Mutuel Arkea, one of France’s largest banking groups, announced the bank’s decision to select Infosys Finacle as the preferred… Read More

Channel Capital Advisors Facilitated $150M Financing Transaction for Rosy Blue

Channel Capital Advisors LLP has reportedly facilitated a $150 million financing transaction for Rosy Blue, a global diamond dealer, and manufacturer based in Antwerp, Belgium. Channel has “provided cash and program management services and was responsible for the successful structuring and placement of this transaction.”… Read More

Identity Verification: BASE, Onfido to Innovate New Customer Onboarding Remotely with ID Checks

Belgium’s Minister of Telecommunication and Minister of Justice signed the ministerial decree, allowing Telenet to use Onfido’s AI-powered technology to verify customer identity securely. Onfido, the global provider of automated digital identity verification, announced a partnership expansion with BASE, a telecommunication operator and a subsidiary… Read More

Ruben Merre: CEO at NGRAVE Says They Want to Empower Investors with Secure Way of Owning Digital Assets

We recently connected with Ruben Merre, Co-founder and CEO at NGRAVE. a digital asset security provider focused on making the safest, most reliable products in the blockchain industry. Ruben Merre talked about how centralized crypto exchanges and online digital currency wallets may not be the… Read More

Wealth Management Platform to Be Launched by Belgium’s Bank Nagelmackers, Objectway

Bank Nagelmackers, which claims to be one of the leading personal and private banks in Belgium, has selected Objectway, a Pan-European Wealth & Asset Management software and services company, in order “to implement a new private client wealth management platform for the bank’s advisory, discretionary… Read More

51% of European Businesses Believe Banking-as-a-Service will Make Traditional Banking Obsolete: Survey

A survey of more than 1,000 European business leaders based in the UK, Belgium and the Netherlands, by Vodeno/Aion Bank has found: More than half (51%) believe BaaS will make traditional banking obsolete 58% said BaaS providers offering a licence alongside a tech solution will… Read More

Regnology Announces Acquisition of Belgian Regtech b.fine

Regnology, a software provider with a focus on regulatory reporting solutions, announces that it has acquired b.fine, a Belgian RegTech firm which “assists financial institutions on the enhancement of their reporting supply chain.” Founded in 2017 and headquartered in Belgium, b.fine has “grown to a… Read More

Mozzeno, a Belgian Peer to Peer Lender, Reports Topping €100 Million in Loans

Mozzeno, a peer-to-peer lending platform based in Belgium, has surpassed €100 million in individual loans, according to a blog post. Mozzeno raised €465,000 in pre-seed funding in 2016 and went on to originate its first loan the following year. Mozzeno celebrated its 5-year anniversary in… Read More

First Belgian Platform, Spreds, Approved to Pursue Pan-European Investment Crowdfunding

Spreds has become the first investment crowdfunding platform in Belgium to be approved under ECSPR [European Crowdfunding Service Providers Regulation] to provide pan-European crowdfunding. Spreds, founded in 2011, is authorised by the Belgian financial regulator FSMA. In late 2021, the European Union approved new pan-European… Read More

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