Tagged: EU

October 17, 2021 @ 11:55 am By Omar Faridi  |  

Digital banking platform Revolut notes in a blog post that Halloween is soon on its way, however, there’s nothing “spooky” about the work they’ve been doing during October 2021. The Revolut team also mentioned that they’ve performed updates to enhance platform security and reduce your… Read More

October 10, 2021 @ 10:52 am By Omar Faridi  |  

Moorwand, a BIN sponsor and issuer that aims to transform compliance into an “enabler of innovation,” has been chosen by OneFor, a digital wallet and money transfer and payments service for the remittance market. Moorwand is offering issuing, acquiring and digital banking solutions that will… Read More

October 1, 2021 @ 8:10 am By Omar Faridi  |  

COTI is pleased to confirm that its Visa debit cards and bank account are accessible to the public. With assistance from Simplex, both of these financial tools should help with addressing “economic inequality.” As noted in an update shared with Crowdfund Insider, COTI aims to… Read More

September 29, 2021 @ 9:53 am By Omar Faridi  |  

YouHodler, a Fintech platform that assists consumers with accessing the benefits of the crypto economy, has reportedly added support for Polkadot (DOT), Tezos (XTZ), TRON (TRX) and Aave (AAVE) tokens. YouHolder also noted in a release shared with Crowdfund Insider that they’ve established a 100%… Read More

September 29, 2021 @ 7:47 am By Omar Faridi  |  

UK-based digital bank Starling is expanding its business operations into Europe. As of H1 2022, “subject to regulatory approval,” Starling intends to make its Banking as a Service (BaaS) solution offering available in the European Union, which includes France, Germany, The Netherlands and Spain, according… Read More

September 25, 2021 @ 10:59 am By Omar Faridi  |  

Fintech firm Modulr has now opened business offices in the Netherlands, which will serve as “the springboard for its EU-wide expansion in 2022 and 2023.” Following steady business growth in the United Kingdom during the last 5 years, Modulr is expanding rapidly, putting significant investment… Read More

September 20, 2021 @ 8:04 am By Omar Faridi  |  

London-headquartered crypto Regtech firm Coinfirm reveals that it has finalized an $8 million Series A round. The company has also announced the appointment of Dr. Mircea Mihaescu as their new CEO. Coinfirm’s investment round has been co-led by SIX Fintech Ventures, which is the corporate… Read More

September 8, 2021 @ 8:53 am By JD Alois  |  

Billon has announced that it is one of 7 selected blockchain providers that will be part of the European Union’s European Blockchain Services Infrastructure project (EBSI). The selection is a sign of validation for the blockchain firm. Yesterday, it was announced that IOTA had been… Read More

August 31, 2021 @ 11:47 pm By Omar Faridi  |  

Switzerland-based digital banking challenger Yapeal has a new virtual banking service for children and younger people in general. Called Yapini, the new product offering is meant to support financial management services for young clients. As noted by the Yapeal team: “Yapini is a digital account… Read More

August 3, 2021 @ 10:36 pm By Omar Faridi  |  

ABN Amro (AMS: ABN), a Dutch bank with headquarters in Amsterdam and currently the third-largest bank in the Netherlands, will be offering clients a sustainability discount on mortgage interest rates for energy-efficient homes. ABN Amro‘s management noted that they will be using the EU’s Energy Label… Read More

July 26, 2021 @ 6:13 pm By Omar Faridi  |  

Cyprus-regulated digital assets hedge fund ARK36 announced that it is appointing Loukas Lagoudis to serve as Executive Director and Socrates Minas as Investor Relations Manager in order to strengthen its Cyprus investment division. According to a note shared with Crowdfund Insider, Loukas Lagoudis will be… Read More

July 26, 2021 @ 12:28 pm By JD Alois  |  

Recently, a report was published regarding the European Commission distributing European (ESIF) funds through European crowdfunding platforms. Obviously, if this occurs it will be a boon for both platforms and issuers. The report was written by Karsten Wenzlaff, Ana Odorovic and Ronald Kleverlaan, along with consulting… Read More

July 23, 2021 @ 10:44 am By Omar Faridi  |  

iPipeline, a provider of low code / no code content-enabled digital solutions and services to the financial services sector, reveals that global reinsurance company, PartnerRe, has decided to adopt the iPipeline’s SSG Digital® Platform in order to expand its international protection portfolio. As mentioned in… Read More

July 21, 2021 @ 3:42 am By Omar Faridi  |  

UK-based Fintech firm Modulr reveals that they’ve managed to secure their Visa Ready certification, which supports customers in selecting the “best of breed payment solutions” that meet Visa’s international standards. As noted in an update from Modulr, the extended collaboration with Visa will help with… Read More

July 20, 2021 @ 11:05 am By JD Alois  |  

The European Commission has updated the European Union’s anti-money laundering and countering terrorism financing (AML/CFT) rules. Included in the new policy is a requirement that anonymous crypto asset wallets will be prohibited. Along with the new policy on AML/CFT is the creation of a new… Read More

July 8, 2021 @ 11:56 pm By Tony Zerucha  |  

The European Union’s proposed Markets in Crypto Assets (MiCA) Regulation will bring new opportunities for crypto-asset service providers (CASP), the CEO of one such company believes. In the European Union, digital assets are currently regulated through a combination of the Fifth Anti-Money Laundering Directive (5AMLD)… Read More

July 7, 2021 @ 5:18 pm By Omar Faridi  |  

The Bank for International Settlements (BIS), a global financial institution that’s owned by reserve banks and aims to “foster international monetary and financial cooperation and serves as a bank for central banks,” notes that advancements in technology, along with rising demand for digital payment methods… Read More

June 24, 2021 @ 4:00 am By JD Alois  |  

EUROCROWD, the leading European advocate for online capital formation, has published a report entitled Scaling Up Partnerships: A Blueprint For the Implementation Of Match-Funding Schemes Between Public Authorities and Crowdfunding Platforms. The report explains how to manage the use of European Structural and Investment Funds in… Read More

June 16, 2021 @ 7:53 am By Omar Faridi  |  

Digital asset investing app provider Change has acquired $4.5 million in capital from 50 private investors at a $214 million valuation. The funds were secured through crowdfunding. Change is reportedly backed by more than 7,000 private investors. The crypto investment app developer says it will… Read More

June 16, 2021 @ 3:17 am By Omar Faridi  |  

Volante Technologies, an established provider of Cloud-based payments and financial messaging, and SIA, a European hi-tech firm focused on payment services and infrastructures  (controlled by CDP Equity), have teamed up to enable banking institutions, financial service providers to gain access to instant payments. This should… Read More