Tagged: EU

Goldman Sachs Expands Transaction Banking to European Union

Goldman Sachs (NYSE:GS) recently announced it is expanding Transaction Banking (TxB) to the European Union. Originally launched in the US in 2020 and expanded to the UK in 2021, this growth will deepen Goldman Sachs’ relationships “with existing clients who have banking needs in the… Read More

Neo Teams Up with Simplex by Nuvei, an EU-Licensed Financial Institution

Neo has announced a new partnership with Simplex by Nuvei, an EU-licensed financial institution that “empowers its vast network of partners to accept the widest range of payment methods.” This partnership will “provide users around the world with seamless onramps and offramps to NEO, GAS,… Read More

Equities Trading Platform Aquis Exchange Introduces Aquis Matching Pool (AMP)

Aquis Exchange, the pan-European large and mid-cap equities trading arm of Aquis Exchange PLC, is pleased to announce “the launch of its European dark trading venue, the Aquis Matching Pool (AMP) EU.” This marks the expansion of Aquis Exchange’s dark trading service, which was previously… Read More

Google, Goldman Sachs Team Up with Infobip to Launch Mentorship Program for Startups

Infobip Group, a global cloud communications platform company for customer engagement, and key player in CPaaS solutions, announced a partnership with Google and Goldman Sachs to launch “an innovative mentorship program for startups from Croatia, the youngest European Union member state with a population of… Read More

Trovata Execs Comment on Role of Open Banking, Variable Recurring Payments, Other Fintech Trends in Banking

Trovata, which automates cash reporting and forecasting via wholesale (and was set for the UK, and EU launch after a $27 million round in June 2022), recently announced the appointment of Lisa Gutu as VP of Business Development and Vladimir Pintea as VP of Open… Read More

Fintech CurrencyCloud Allows Regulated FX Brokers to Reach Untapped UK, EU, US, Canada Markets

Post-Brexit, FX brokers are losing business and money because they’re “not permitted to service EU-based clients,” the team at Currencycloud notes in a blog post. And when they want to expand to reach these markets, the cost and time it takes to seek regulation is… Read More

EU – U.S. Joint Financial Regulatory Forum in Brussels Tackles Topics Like AML, Climate Risk, Digital Finance

Last week in Brussels, the EU – U.S. Joint Financial Regulatory Forum took place where policy makers tackled various aspects of global financial services. EU participants included representatives of the European Commission, the European Banking Authority (EBA), the European Securities and Markets Authority (ESMA), the… Read More

ECSPR: European Commission Extends Transition Period for Pan-European Crowdfunding Rules

The European Commission has extended the deadline for compliance with the relatively new European Crowdfunding Service Provider Regulation (ECSPR). Last November, the European Union enacted harmonized regulations for investment crowdfunding platforms and offerings. Under the rules, issuers could raise up to €5 million across all… Read More

UK Fintech Lightyear Launches in 19 EU Nations, Acquires $25M in Funding

Investment platform Lightyear has announced a $25M Series A equity round “led by Lightspeed Venture Partners.” The company’s seed investors, Mosaic Ventures, Taavet+Sten and Metaplanet also took part in the investment round “alongside a number of new and existing angel investors.” Joining Lightspeed in this… Read More

Stellar Foundation: Far From Perfect But MiCA Leads the World

MiCA, Markets in Crypto Assets legislation, is still being digested by industry insiders. The goal is to provide a regulated path for digital asset innovation – sufficient protections to guard against abuse but still empowering industry participants to create new products and services within a… Read More

EU: Markets in Crypto Assets (MiCA) Proposal – Feedback from Industry Insiders

Last week, it was revealed that the decision-makers for the European Union had come to terms on crypto-asset regulation under the Markets in Crypto Assets (MiCA) legislation. The European Commission announced the MiCA proposal on 24 September 2020 as part of a larger digital finance… Read More

Atlantic Money Secures License as Payment Institution via National Bank of Belgium

Atlantic Money has secured a license as a payment institution through the National Bank of Belgium (NBB) which will “enable the business to provide its services across the European Union.” The announcement precedes an expected launch in Europe later this summer, “meaning that EU residents… Read More

European Union Agrees on Markets in Crypto Assets (MiCA) Regulation: “Will shape the digital asset ecosystem for years to come”

The European Union has agreed on crypto-asset regulation under the Markets in Crypto Assets (MiCA) legislation. According to tweets distributed by Member of European Parliament (MEP) Stefan Berger, Europe will be the first continent with crypto asset regulation as the European Parliament, European Commission and… Read More

iBanFirst Acquires UK’s FX Provider Cornhill to Address Brexit Payment Challenges

Global financial services platform iBanFirst recently confirmed the acquisition of the London-headquartered FX provider, Cornhill. The strategic acquisition aims to further build on iBanFirst’s funding partnership with private equity company arlin Equity Partners, launched in June of last year. As mentioned in the update, this… Read More

Securitize, a Digital Securities Marketplace, Expands Into Europe as it Enters Spain’s Fintech Sandbox

Securitize, a security token issuance platform and digital security trading market, has announced its expansion into Europe. Securitize has been approved by the Spanish General Secretariat of the Treasury and International Finance to enter its experimental program or Fintech sandbox where Securitize will serve a… Read More

European Banking Authority Comments on PSD2, Expresses Strong Support for Merger with EMD2, Comments on Open Finance

PSD2 or the European Payment Services Directive 2, has been in force since 2016 but payment services providers had until 2018 to adhere to the rules. The EU directive requires providers to incorporate heightened authentication features as well as taking aim at APIs that may… Read More

CoinLoan Teams Up with Elliptic to Offer New Levels of Crypto Security to Customers

CoinLoan, which claims to be the only EU-licensed provider of crypto-loan products, has announced a partnership with Elliptic, the global “leader” in crypto-asset risk management. As adoption and investment into crypto continues to increase, “so does the risk of cybercrime.” The range of crypto-assets and… Read More

Fundvest to Offer New Investment App for Baltic Countries

Fundvest is a solution for consumers who are looking to grow their wealth. It is a user-friendly savings and investments platform that aims to assist clients with focusing on their long-term financial strategy. It will provide access to EU and US stock exchanges and maintain… Read More

Trovata, which Automates Cash Reporting and Forecasting via Wholesale, Set for UK, EU Launch After $27M Round

Trovata, a US-based firm focused on automating cash reporting and forecasting via wholesale, multi-bank API data aggregation, is preparing to launch operations in the United Kingdom on the back of a $27 million round. As noted by Sky News, Trovata, which maintains head offices in… Read More

Hallo Nederland – Seedrs Launches Dutch Site as it Targets More European Securities Offerings

Seedrs, one of the largest securities crowdfunding platforms in the world, has launched a Dutch facing section of its website as it positions itself to benefit from pan-European investment crowdfunding rules. New rules were issued by the European Union in November of 2021. Currently, many… Read More

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