Tagged: EU

Linked Finance Partners with Strategic Banking Corporation of Ireland to Lend to Irish SMEs

Linked Finance has partnered with the Strategic Banking Corporation of Ireland (SBCI) to lend up to €50 million to Irish SMEs. The loans are said to be issued at a discounted rate. Linked Finance is a peer-to-peer (P2P) lending platform serving smaller firms in Ireland…. Read More

Fintech Klarna to Provide More Streamlined Digital Commerce Experience

Klarna, a global payment provider and shopping assistant, has launched “Sign in with Klarna” to offer consumers a smoother shopping experience with increased control over their own data. The service saves time for consumers “by fast-tracking the online purchase process and, if they consent to… Read More

Eurocrowd Seeks Equity Crowdfunding Platforms to Better Understand IP Needs

EuroCrowd is looking for four equity crowdfunding platforms to better understand their needs in regard to Intellectual Property (IP). According to a blog post, EuroCrowd, working with the European Union Intellectual Property Office (EUIPO) is seeking empirical information on platforms and IP. This follows an… Read More

European Fintech Brite Payments Joins The Payments Association

Brite Payments, an enabler of instant bank payments, announced that it has joined The Payments Association EU as a Patron Member. The membership underlines Brite’s commitment “to industry collaboration as it expands its product offering across Europe.” Brite Payments enables instant account-to-account (A2A) payments and… Read More

B2C2, the Digital Asset Liquidity Provider, Obtains Regulatory Approval to Operate in Luxembourg

B2C2, the crypto liquidity provider servicing institutional clients globally, has obtained regulatory approval to operate in Luxembourg and expand its EU presence. B2C2 has become the 12th virtual asset service provider (VASP) to “be officially registered on the Commission de Surveillance du Secteur Financier’s (CSSF)… Read More

Debitum Announces New Investment Product and Streamlined Investor Onboarding Process

Debitum says they are pleased to announce that a new investment product – shorter terms and daily interest repayments – is available to their investors starting now. Debitum is a licensed and regulated platform “where it is possible to invest only in bond-like financial instruments… Read More

Mintos Reports Solid Platform Performance with Investments in Notes Reaching €113.7M in Dec 2023

In December, Mintos reports that it continued its strong performance, with investments in Notes reaching €113.7 million. According to Peteris Mikelsons, Head of Partnerships at Mintos, “this marks the second-best month in 2023, following the peak in November.” However, the supply of new loans “failed… Read More

HeavyFinance Appoints Aldona Micė as Head of Risk and Recovery

Aldona Micė has reportedly been appointed as the Head of Risk and Recovery at HeavyFinance. According to an update shared by HeavyFinance, Aldona Micė has been “with farmers through many floods and droughts.” She was recently appointed as “a new Head of Risk and Recovery… Read More

Estateguru Reports Steady Growth with Focus on Property backed Lending in Finland and the Baltics

Estateguru reports that with the continued support of clients has allowed them to weather the storm, and consolidate their status as a key player focused on property backed lending in Finland, and the Baltics. Estateguru‘s management notes in a blog post that the challenging macroeconomic… Read More

European Union Pursues Policy to Boost Listings on European Stock Exchanges

The European Union (EU) is pursuing a policy to improve the environment for listings on the various European stock exchanges. According to a statement issued today, the European Council and Parliament have now reached a consensus on a “provisional agreement” for a package that will… Read More

Crowdfunding: Eurocrowd Shares ECSPR Securities Offerings Data for 2023

The pan-European regulatory regime for securities crowdfunding is still very young. Many platforms established before the rules existed have yet to apply to be approved under the new rules. ECSPR, or European Crowdfunding Securities Provider Regulations, enables a platform to list securities and sell them… Read More

More Consultations on Crypto in the EU: ESMA Seeks Feedback on Crypto as Financial Instruments, Reverse Solicitation

The European Securities and Markets Authority (ESMA) posted two consultations on crypto this week—one consultation on reverse solicitation and another on the classification of crypto-assets as financial instruments. The European Union (EU) has approved bespoke rules for crypto under MiCA or Markets in Crypto Assets regulation…. Read More

AML – KYC: Centralis Selects Fenergo

Dublin-based Fenergo has been selected by the Centralis Group to improve its client and investor onboarding process. Fenergo is a company that provides “Client Lifecycle Management” (CLM) solutions, including Know your Customer (KYC) and Anti-Money-Laundering (AML) services. Fenergo offers a regulatory-compliant service for onboarding and… Read More

HeavyFinance, a Climate Tech Investment Marketplace, Reportedly Financed €50M in Agricultural Loans

HeavyFinance, a climate tech investment marketplace, has successfully financed €50 million in agricultural loans across Europe. This significant sum has been allocated “across the current markets where HeavyFinance operates, including Bulgaria, Latvia, Lithuania, Poland, and Portugal.” The €50 million has been “distributed across almost 1,700… Read More

Lithuania: Largest Fintech Hub in EU

As Lithuania explains, only a short time ago few people knew about the country – much less where it is located. Today, Lithuania punches above its weight class when it comes to attracting innovative young firms – including many Fintechs. According Invest Lithuania and its… Read More

Bitpanda Wealth Introduced to Address Requirements of HNWIs, Corporate Treasuries

Bitpanda is announcing the launch of Bitpanda Wealth, which is described as the specialized service tailored specifically to meet the unique needs of High-Net-Worth Individuals (HNWIs), Family Offices, External Asset Managers and Corporate Treasuries. Responding to the demands of investors in our current markets in… Read More

European Digital Banking Platform CaixaBank Extends Financial Services Network

CaixaBank extended the coverage of its financial services network in 2022 and 2023 to a total of 484 new towns in rural areas where the bank previously had no presence. These service points have been “incorporated through the arrival of new mobile branches and the… Read More

Seedrs Restructuring, Slashing 15% of Employees in Europe – Report

  Seedrs, part of the US-based Republic, is reportedly restructuring and slashing 15% of its employees operating in Europe. Seedrs was acquired by Republic in 2021 in a deal valued at $100 million. The deal closed the following year. The combined operation is one of… Read More

SeedBlink Provides Update on Platform Performance: €342 Million Raised Over Past Four Years

SeedBlink is an emerging investment crowdfunding platform that is registered with the Romanian Financial Supervisory Authority and also approved under the new European Crowdfunding Service Providers Regulation (ECSPR) and thus allowed to issue securities across the EU. Under ECSPR, an issuer may raise up to… Read More

European Banking Authority Publishes Guidance on Money Laundering, Terrorist Financing for Crypto Firms

The European Banking Authority (EBA) has shared its guidance on money laundering (ML) and terrorist financing (TF) for crypto asset service providers (CASPs). All banks must adhere to strict Anti-Money Laundering (AML) and Know Your Customer (KYC) rules, and crypto firms are no different. The… Read More

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