Tagged: belgium

Belgium-Based Regtech B.Fine Raises €1 Million Through First Investment Round Led By Pamica NV

  B.Fine, a Belgium-based regtech service provider, recently announced it secured €1 million through its first investment round, which was led by Pamica NV. Founded in 2017, B.Fine states that banks rely on its platform to transform their time-consuming reporting processes into an effective reporting… Read More

Belgium-Based B2B Wealthtech InvestSuite Secures €3 Million Through Latest Investment Round Led By PMV

  InvestSuite, a Belgium-based B2B wealthtech, has raised €3 million through its latest investment round. Founded in 2018, Investsuite describes itself as a European fintech company that provides automated investment solutions to help financial institutions retain their clients by addressing their rapidly-evolving digital needs and… Read More

TransferWise Competitor PagoFX from Santander Bank to Provide Cross-Border Payments Services in Belgium

Banco Santander S.A. (Santander Group) (BME:SAN), the world’s 16th-largest banking institution and financial services company based in Madrid, introduced PagoFX, its international payments application for UK customers, in April 2020. Santander’s TransferWise competitor PagoFX is now set to expand its coverage into Belgium. There will… Read More

Brussels based KBC Bank to Adopt Digital-First Distribution Model by Offering AI enabled Virtual Assistant for Core Banking Services

Brussels-based KBC Group N.V. (EBR:KBC), a universal multichannel bank-insurer that’s focused on private clients and SMEs in Belgium, Ireland, Central Europe and Southeast Asia, is planning to adopt a digital-first distribution model – which would put a new AI-enabled virtual customer assistant at the center… Read More

Brussels based Keyrock, a Digital Asset Market Maker, Secures €4.3 Million from SIX Fintech Ventures, Others

Brussels-headquartered Keyrock, a digital asset market maker, has secured €4.3 million in capital through an investment round that was co-led by MiddleGame Ventures and SIX Fintech Ventures, which is a CHF 50 Million corporate VC fund that invests in global early-stage startups. Volta Ventures, Seeder… Read More

IOUR Foundation Looks to Redefine the Internet with Blockchain based Competitor to Established Standards

While finance may be the first killer app for blockchain, the technology has spawned many other concepts pertaining to decentralization. The IOUR Foundation is seeking to utilize blockchain to re-think and redefine the internet. In brief, IOUR wants to merge TCP/IP and blockchain, launching a… Read More

Belgium: FSMA Report Says €69 Million Raised via Crowdfunding in Last Two Years as Market Grows

The Financial Services and Markets Authority (FSMA) in Belgium has published a report on the securities crowdfunding market. According to the document, during the past two years, crowdfunding offerings carried out in Belgium to finance new projects have raised at least €69.24 million. The period covered… Read More

Between May 2019 and September 2020, Belgian Securities Regulator Estimates €10 Million Lost by Individuals Due to Bogus Trading Platforms Including Crypto

The Belgian Financial Services and Markets Authority (FSMA) estimate that from May 2019 to September 2020, around €10 million was lost by investors who were scammed by bogus trading platforms – including cryptocurrency offerings. Belgium is a country with a population of around 11 million… Read More

Belgian Fintech Mozzeno Raises Around €3 Million Through Latest Investment Round

Mozzeno, a Belgium-based fintech, has raised around €3 million through latest investment round from reportedly its existing and new shareholders, which includes the W.IN.G Fund, as well as Federale (Federale Verzekering/Assurance). Launched in 2017, Mozzeno claims it is the fist Belgian platform that allows investors… Read More

Belgium: ING Partners with Minna Technologies on Subscription Management Service

While we have seen other subscription management services, this is the first we have seen from a traditional bank. ING Belgium is partnering with Minna Technologies on the service that will allow the bank’s customers utilize the service all while remaining on the ING application…. Read More

Global Payments Provider Klarna Makes Debut in Belgium By Introducing “Pay in 21 Days” Service

  Payment processing platform Klarna announced on Thursday it has launched in Belgium by introducing “Pay in 21 days” service. Klarna reported that shoppers will now be able to buy online and pay once they have received the goods. “With the launch of `Pay in 21… Read More

Brussels based Fintech iBanFirst Secures €21 Million in Capital via Series C led by Elaia, Bpifrance Large Venture

Brussels-based Fintech firm iBanFirst has secured €21 million in capital through a Series C round, which was led by Elaia and Bpifrance Large Venture. The funds raised will be used to expand iBanFirst’s financial services platform for SMEs. The company mainly focuses on supporting B2B… Read More

Belgium-based InvestSuite, a B2B Wealthtech Firm, Secures an Additional €2 Million in Seed Funding

Belgium-based InvestSuite, a business-to-business (B2B) wealth technology (Wealthtech) firm, has secured an additional €2 million in seed funding. The firm’s current and new angel investors took part in the round. InvestSuite’s management and employees also made contributions, bringing the company’s total funding since its launch… Read More

Regtech: Developer of Due Diligence Solutions, Neotas, Chosen for ING’s Fintech Accelerator in Brussels

Neotas, a company that develops due diligence solutions for financial service providers, has reportedly been chosen from 350 other firms to take part in ING’s Fintech accelerator, which will be held in Brussels. The multinational banking institution operates ING Labs Brussels (previously called Fintech Village),… Read More

Subscription-based Banking Challenger Aion Establishes Business Operations in Belgium

Aion, a newly launched subscription-only banking service provider, is establishing its business operations in Belgium. The bank’s management says that it wants people to get the most out of their money. Aion has an artificial intelligence (AI)-enhanced service, called MoneyMax, which is meant to motivate… Read More

Belgium-based Blockchain Firm SettleMint Secures $2 Million via Latest Investment Round

Belgium-headquartered SettleMint, an enterprise blockchain firm, has reportedly secured €1.9 million (appr. $2.04 million) through a new investment round. KPN Ventures and Medici Ventures took part in the firm’s latest funding, SettleMint’s management confirmed on January 28. Following the capital injection, the company is planning… Read More

Belgium-based Financial Services Firm KBC Launches Bot-based Assistant Matti for Investment Management

Belgium-based financial services firm KBC has reportedly introduced a digital investment account operated entirely by a bot-based assistant, called Matti. The new online investment account is available to KBC customers and non-customers with a €1000 (appr. $1,110) minimum investment requirement. Matti was developed by the… Read More

Scheduled to Close in 5 Days, Cowboy Claims to be One of Crowdcube’s Most Successful Mobility Tech Campaigns

Cowboy, an e-Bike firm based in Belgium, says it is one of the most funded “mobility tech campaigns” on Crowdcube. The company has now raised £3.7 million for an equity stake in the company. Cowboy is raising capital at a pre-money valuation of £51.4 million…. Read More

KBC Bank Wants Non-Customers to Use its Mobile App to Access Third-Party Non-Banking Services

Brussels-based KBC Bank will be opening its mobile banking app to the general public beyond its existing client base, in order to provide access to several third-party non-banking services. KBC intends to focus on expanding its banking-as-a-service model by offering non-customers a wide range of… Read More

Belgian Regulator’s List of Unlawful Crypto Sites Reaches 131 Names

The number of unlawful sites soliciting crypto investments from investors in Belgium has now reached 131 entities, an update to list of such sites indexed by the country’s Financial Services Markets Authority (FSMA) indicates. Even then, “This list cannot be considered as exhaustive,” the regulator… Read More

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