Tagged: eastern europe

June 15, 2023 @ 8:55 am By Omar Faridi  |  

PKO Bank Polski, the largest universal bank in Central and Eastern Europe, develops an innovative system of value-added services (VAS) in the form of a generally accessible and easy API. In this way, the Bank wishes “to expand the VAS offer available in the mobile… Read More

May 25, 2023 @ 1:57 am By Omar Faridi  |  

Visa Inc. (NYSE: V), which claims to be a global leader in digital payments, announced that it plans to open a new global Technology and Product Hub in Poland that will be the first of its kind for Visa in Central and Eastern Europe. The… Read More

November 30, 2021 @ 8:07 pm By Omar Faridi  |  

London’s Clear Junction has announced that it’s offering solutions to Paynet which aim to support its vision for cross-border payments services from European markets into Moldova. Paynet is reportedly the first digital wallet platform operating in Moldova. It runs one of the most extensive payments… Read More

September 13, 2021 @ 10:49 am By Omar Faridi  |  

Eastern Europe has one of the largest cryptocurrency economies in the world. A recent report reveals that it’s the third-ranked global region for “overall exposure to illicit activity.” Eastern Europe is the only world region with a total transaction volume of $400 million+ for which… Read More

June 9, 2021 @ 11:20 am By Omar Faridi  |  

During the past year, Latvia and Israel have experienced a significant surge in Fintech interest, according to a recent analysis published by the Fintech News Network. Google Trends data for the period between April 2020 and April 2021 reveals that online search queries for Fintech… Read More

May 17, 2021 @ 11:37 am By Samantha Hurst  |  

Fagura, an Eastern Europe peer-to-peer (P2P) lending platform, has quickly secured its initial €200,000 funding target through its equity crowdfunding campaign on Seedrs. The funding round, which recently made its debut, has already attracted nearly 175 Seedrs investors so far. Founded in 2018, Figure states it is a… Read More

March 16, 2021 @ 1:32 am By Omar Faridi  |  

Peer-to-peer lending marketplace Mintos reveals that on 1 March 2021, Mogo Latvia had issued bonds valued at €30 million, thus managing to successfully complete the largest bond issue in recent years by a private firm via the Nasdaq Riga Stock Exchange. On March 11, 2021,… Read More

September 18, 2020 @ 6:34 am By Omar Faridi  |  

Eastern Europe has the fourth-largest cryptocurrency market in terms of total transaction volume, according to Chainalysis’ research. Ukraine and Russia, which are also part of the Eastern European region, have been ranked quite high on Chainalysis’ Global Crypto Adoption Index. It takes into consideration a… Read More

February 20, 2020 @ 2:31 am By Omar Faridi  |  

OTB Ventures (OTB), a VC fund focused on making strategic investments in technology firms based in central and eastern Europe, has introduced an early-stage tech fund, which is notably the biggest venture capital fund in the region. The fund has reportedly received $100 million in… Read More

October 4, 2019 @ 9:26 am By Samantha Hurst  |  

Germany-based global provider of digital payments and commerce solutions Wirecard announced on Friday it has partnered with Rakuten Viber and its partner NeoPay to launch a new money transfer service, Moneytou, for users of Viber, the secure instant messaging app, in Eastern Europe. According to Wirecard,… Read More

May 7, 2019 @ 7:22 am By Samantha Hurst  |  

Germany-based global provider of digital payments and commerce solutions Wirecard announced on Tuesday it has teamed up with Orange Money to launch a new digital payment and banking service in Eastern Europe. Wirecard reported it is now offering a financial commerce solution that allows contactless payments… Read More

April 5, 2016 @ 4:05 pm By Samantha Hurst  |  

On Tuesday, payment service provider, PayU, announced it conducted an analysis on ecommerce customs and fintech potential in Latin America, Central/Eastern Europe, India, and Africa at Money20/20 Europe. Findings that are featured in PayU’s report included: High growth of ecommerce in Africa. More than 65%… Read More