Tagged: belgium

October 16, 2021 @ 10:26 am By Omar Faridi  |  

During the market recovery following the Coronavirus crisis, European peer-to-peer platforms that emerged by 2017 have managed to rebound “at above-market growth rate,” according to a report from Robo.cash. The Croatian P2P lender noted that “calm upward trend is supported by a 2% increase in… Read More

October 13, 2021 @ 8:18 am By Omar Faridi  |  

Billtrust (NASDAQ: BTRS), a B2B accounts receivable (AR) automation and integrated payments provider, has acquired iController, a B2B provider of intelligent solutions for collections management, “for $58 million, financed with cash on hand.” Established in 2007, Belgium-headquartered iController’s software-as-a-service (SaaS) product offering supports ” a… Read More

January 8, 2021 @ 10:21 pm By Samantha Hurst  |  

  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

December 23, 2020 @ 9:36 am By Samantha Hurst  |  

  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

November 27, 2020 @ 4:14 pm By Omar Faridi  |  

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

November 15, 2020 @ 10:57 pm By Omar Faridi  |  

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

October 30, 2020 @ 8:27 am By Omar Faridi  |  

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

October 20, 2020 @ 10:03 pm By JD Alois  |  

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

October 12, 2020 @ 12:02 pm By JD Alois  |  

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

October 12, 2020 @ 10:56 am By JD Alois  |  

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

September 23, 2020 @ 4:00 pm By Samantha Hurst  |  

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

July 2, 2020 @ 12:59 am By JD Alois  |  

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

June 18, 2020 @ 3:50 pm By Samantha Hurst  |  

  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

June 15, 2020 @ 1:06 am By Omar Faridi  |  

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

April 2, 2020 @ 7:20 am By Omar Faridi  |  

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

March 11, 2020 @ 9:07 am By Omar Faridi  |  

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

February 29, 2020 @ 10:50 am By Omar Faridi  |  

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

January 29, 2020 @ 5:01 am By Omar Faridi  |  

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

January 21, 2020 @ 12:07 pm By Omar Faridi  |  

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

January 10, 2020 @ 8:07 am By JD Alois  |  

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