Tagged: europe

European Marketplace Lender October Surpasses €100 Million in Loan Repayment

October, the European lending marketplace formerly known as Lendix, announced on Wednesday it has surpassed €100 million in loan repayment. The online lender reported that since its launch more than €250 million has been lent to European companies and nearly 40% of this amount has already been… Read More

European Commission General Report on the Activities of the European Union Updates on Progress Including Fintech, Blockchain, Crowdfunding and More

Today, the European Commission adopted the 2018 edition of the General Report. According to the Commission, this fulfills its legal obligation under the Treaty on the Functioning of the European Union. The report shows how the EU is delivering on its commitments to Europeans. The Commission… Read More

N26 Introduces Premium Account Black in Denmark, Iceland, Liechtenstein, Norway, & Sweden

Germany-based challenger bank N26 recently announced it has introduced premium N26 Black account in  Denmark, Iceland, Liechtenstein, Norway, and Sweden. According to N26, N26 Black targets frequent travelers and it removes the “uncertainty” of exchange rates and transaction costs encountered through foreign travel and provides customers with free… Read More

Global Payments Platform Paysend Reaches 500,000 Customers & Introduces Money Transfer Services to Bank Accounts in More Than 30 European Countries

PaySend, a UK-based global payments platform, announced earlier this week it now has more than 500,000 customers. The company also introduced money transfer services to more than 30 European countries.   As previously reported, PaySend was founded in 2015 and describes itself as a UK fintech company… Read More

Wirecard Announces Expansion of Collaboration With Google Pay in Europe

Germany-based global provider of digital payments and commerce solutions Wirecard announced last week it is expanding its cooperation with Google Pay and is making its mobile payment app, boon, available for the wallet solution in Ireland, Spain, and the UK. Wirecard reported that the mobile app’s users… Read More

Yoyo Wallet Teams Up With Coffee Chain SOHO Coffee For New Payments & Loyalty App Experience

Yoyo Wallet announced on Monday it has partnered with European coffee chain SOHO Coffee Co. to provide mobile payments and loyalty app. The new collaboration with SOHO comes just a couple of months after Yoyo Wallet formed a partnership with easyCoffee. Founded in 2013, Yoyo… Read More

Fintech Sandboxes & Innovation Hubs: European Report Outlines What’s Working Now

A joint report by the European Securities Markets Authority (ESMA), the European Banking Authority (EBA), and the European Insurance and Occupational Pensions Authority (EIOPA), addresses the topic of Fintech Sandboxes, the approach by regulators to partner with emerging Fintech firms by creating a safe place… Read More

Google Receives Payment Institution Authorization From Ireland’s Central Bank

Google (NASDAQ:GOOG) has received payment institution authorization from Ireland’s Central Bank. According to Irish Times, the Central Bank granted authorization to Google Payment Ireland under the second Payment Services Directive (PSD2) regulation. The company will now be allowed to issue and acquire payments across the European Union (EU)… Read More

paysafecard Expands Collaboration With Google in Five New Countries

paysafecard, an Austria-based fintech that is part of the Paysafe Group, announced last week it has expanded its partnership with Google by becoming a new payment method in the Google Play Store in five additional European countries, which was Germany, the UK, France, Spain, and Greece…. Read More

Coinbase Rolls Out Services to Six Additional European Markets

Coinbase announced on Thursday it is expanding to six additional European markets. The online cryptocurrency platform now operates in 33 countries across the globe. Speaking about the expansion, Coinbase reported: “New customers in these markets will be able to make full use of Coinbase.com and our iOS… Read More

Coinsquare Announces European Expansion

Canadian cryptocurrency platform Coinsquare announced on Wednesday it has launched across 25 countries simultaneously in the European Union (EU). Coinsquare reported it first announced its intention to launch in Europe earlier this year and European customers now have access to the platform’s full suite of cryptocurrencies and services. This… Read More

U.S. Insurtech Slice Brings Cloud Services to the UK & EU

Slice Labs Inc., an on-demand insurance cloud platform provider, announced on Thursday the availability of Insurance Cloud Services (ICS) in the UK and EU. Slice reported that the first customer to use ICS in the UK is Legal & General with the launch of on-demand,… Read More

Entersekt Accelerates European Growth By Opening New Headquarters & Adding New Hires

Entersekt, a mobile-first fintech solutions firm, announced on Thursday it has relocated its European headquarters from Geldermalsen to Utrecht, both in the Netherlands. According to the fintech,  the new location offer much needed growing room for the fintech innovator. The company’s Munich office, overseen by Entersekt’s… Read More

Digital Money Transfer Service Azimo Announces Expansion of European Operation By Opening New Amsterdam office

Azimo, a European digital money transfer firm based in London and Krakow, announced on Wednesday it has expanded further into Europe by opening a new office in Amsterdam. Azimo reported that the location will help it grow its share of the global cross-border payments market…. Read More

European VC Funding Rises in Q3 but Deal Flow Declines

Dow Jones VentureSource is out with their quarterly report on VC activity for Q3 of 2018. According to their numbers, European VC fundraising increased during Q3 but investment in European companies “showed a notable decline in deal flow activity and investment levels.” The report states… Read More

Mobile Payment Specialist CANCAN Partners With WorldFirst to Launch Alipay & WeChat Payments Across Europe

Mobile payments specialist CANCAN announced on Monday it has teamed up with international payments specialist WorldFirst to launch payments and marketing platform that enables Chinese payments methods Alipay and WeChat Pay across Europe. Founded in 2015, CANCAN enables payments and promotions globally through its omnichannel platform,… Read More

Plug and Play’s Fintech Europe Selects 10 Startups for its Second Batch

Fintech

Fintech Europe, Plug and Play’s fintech-focused innovation platform based out of Frankfurt, Germany, announced on Monday it has selected 10 startups for its second batch. This platform, which is in partnership with Deutsche Bank, TechQuartier, BNP Paribas, Nets Group, Aareal Bank, DZ Bank, and Danske Bank,… Read More

European Fintech Incubator B-Hive Forms New Partnership With Temenos Marketplace

Temenos (SIX: TEMN), the banking software company, and the collaborative Fintech platform B-Hive Europe, announced it has formed an associate partnership during Digital Finance Europe on Wednesday. According to the duo, this new collaboration has been launched at the National Bank of Belgium in Brussels. While sharing more… Read More

B-Hive Launches New Cybersecurity Program “Trusted Fintech”

Fintech

Fintech collaboration platform B-Hive announced on Wednesday the launch of its new cybersecurity program, Trusted Fintech. According to B-Hive, Trusted Fintech was created to help startups and scale-ups embed cyber awareness into their core values. The program also aims to increase the trust within the general public… Read More

UK Online Platform Primary Bid Secures £2 Million to Accelerate Pan-European Expansion

PrimaryBid, a UK-based online platform that enables retail investors to gain access to discounted equity offerings of publicly listed companies, announced on Thursday it completed a £2 million investment round led by funds managed by Lombard Odier, family offices and a series of angel investors. The… Read More

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