Tagged: europe

EU Roundtable: Blockchain Good. Cryptocurrencies Risky

In a speech today delivered by European Commission Vice President Valdis Dombrovskis, the public official commented on the the EU Roundtable on Cryptocurrencies. The “debriefing” was light on details and simply shared a high level perspective of the discussion. Dombrovskis said the mission of the… Read More

New York Insurtech CoverWallet Announces Partnership With Zurich Insurance to Launch New Digital Platform in Europe

CoverWallet, a New York-based insurtech startup, announced this week it has formed a partnership with Zurich Insurance to provide SMEs in Europe with a way to quickly size up their insurance needs, purchase coverage and manage their policies through a single digital platform. While sharing details… Read More

European Supervisory Authorities Join in Issuing Warning to Consumers Regarding Risk of Buying Cryptocurrencies

The European Supervisory Authorities (ESAs), including the ESMA, EBA, and EIOPA have issued a pan-EU warning to consumers regarding the risks of buying cryptocurrencies. The ESAs are concerned that consumers are buying virtual currencies or “VCs” oblivious to the intrinsic risk including heightened volatility and the fact… Read More

African Blockchain Platform BitPesa Acquires European Money Transfer Service TransferZero

BitPesa, a blockchain payments platform for Africa, announced on Wednesday it has acquired European money transfer service, TransferZero. Founded in May 2016, TransferZero claims to be the first fintech company licensed by the Bank of Spain as an authorized payment institution and is a partner of Bankia,… Read More

3rd European Alternative Finance Report: Market Expanded by 41% in 2016, P2P Consumer Lending Leads

The European online alternative finance market grew by 41 per cent to 7.7 billion euros in 2016, according to the 3rd annual European Alternative Finance Industry Benchmarking Report by the Cambridge Centre for Alternative Finance. The report entitled “Expanding Horizons” indicates that online alternative finance showed… Read More

UK Still Leads: European Venture Capital Report for Q4 2017

The Dow Jones Venturesource Venture Capital Report is out for Q4 2017. The report covers the European VC market, including Brexit bound UK. The Dow Jones report for the final quarter of the year paints a positive perspective on VC funding as there was a… Read More

N26 Announces Apple Pay Support in Spain, Italy, & Finland

On Tuesday, German digital-only challenger bank N26 announced it was launching Apple Pay support in Spain, Italy, and Finland. This news comes just after the bank launched the payment method’s support in France. “What if there were a way to pay without your card that is… Read More

Crowdcube Announces New Collaboration With Green Tech Challenge

Equity crowdfunding platform Crowdcube announced on Friday it has formed a partnership with the Green Tech Challenge, a European program that selects promising green tech innovations/startups and connects them to consultants and investors through four-day programs across the UK. Crowdcube explained its collaboration with Green Tech… Read More

European Venture Capital Declines in Q3 versus Prior Quarter

Dow Jones has just released its quarterly report on Venture Capital in Europe.  According to their tally, venture capital declined both in regards to funds raised and investment activity during the 3rd quarter. Both the number of funds and amount raised by European VC funds decreased… Read More

Antony Jenkins’ 10x Future Technologies Raises £34 Million During Series A Funding Round Led By Ping An

European fintech firm 10x Future Technologies announced on Thursday it secured £34 million during its latest Series A funding round, which was led by China’s Ping An. Launched in October 2016 by formed Barclay’s CEO Antony Jenkins, 10x Future Technologies provides clients with a new digital platform helps financial service… Read More

N26 Update: Challenger Digital Bank Now Has 500,000 Customers (Infographic)

Challenger digital bank, N26, announced this week it now has 500,000 customers. Founded in 2013 by Valentin Stalf and Maximilian Tayenthal, N26 claims to be Europe’s first mobile bank with a full European banking license and it has redesigned banking for the smartphone by making it… Read More

German Fintecher Cringle Returns to Companisto for Second Equity Crowdfunding Campaign

Cringle has returned to Companisto for its second equity crowdfunding round, aiming to raise 600,000€ for 9.09% equity offered.  The campaign has quickly raised over 61,000€ from more than 83 investors in the first day of its campaign for the company now valued at 6M€…. Read More

Cambridge Centre for Alternative Finance Offers Last Call for European Platform Participation in Benchmarking Report

The Cambridge Centre for Alternative Finance (CCAF) has become the standard by which everyone measures the growth and aggregate success of the alternative finance industry. Cambridge was the first major institution to capture a snapshot, both qualitatively and quantitatively, on the emergence of crowdfunding, online… Read More

TransferWise Announces Borderless Accounts in Canada

Transferwise, one of the highest profile Fintech firms in Europe, announced on Wednesday the launch of its new Borderless account in Canada. This news comes just a few weeks after the company added Apple Pay to the list of options its users may leverage to… Read More

PitchIt, Part of LendIt Europe, Announces High Profile VC Judges

LendIt Europe, a Fintech and lending conference, and Startupbootcamp FinTech, a leading global Fintech accelerator, have announced the judging panel for the second annual PitchIt Europe competition. The startup competition will take place later this fall in London and applications are being accepted now with… Read More

Deadline Nears for 3rd European Benchmarking Study by Cambridge Centre for Alternative Finance

  The Cambridge Centre for Alternative Finance (CCAF) is in the midst of its third European benchmarking survey that measures all forms of alternative finance across the European continent.  CCAF, part of the University of Cambridge Judge Business School, is the leading researcher in the global alternative… Read More

Overfunding: Techsixtyfour Surpasses £200,000 Funding Target on Crowdcube For Child Wearable Gator Watch

Just days after launching its equity crowdfunding campaign on Crowdcube, UK-based Techsixtyfour has successfully secured its initial £200,000 from nearly 175 investors. The funds will be used to continue the growth and European expansion of its child wearable product, the Gator Watch. As previously reported,… Read More

TechSixtyFour Seeks £200,000 on Crowdcube to Bring Gator Watch into European Market

TechSixtyFour, a UK-based wearable tech startup, is seeking to raise £200,000 on Crowdcube to bring its popular wearable, The Gator Watch, into Europe. According to the company, the Gator watch is described as a wearable mobile phone/tracker made for young kids. It can receive calls… Read More

French Venture Capital Firm Breega Announces New €100 Million Fund Directed Towards European Fintech & Insurtech Startups

Breega Capital, a France-based venture capital firm, announced this week its new venture fund, Breega Capital Venture 2, which is aimed towards startups in the fintech and insurtech sectors. The fund offers startups €100 million ($113 million). Founded in 2013, Breega describes itself as a… Read More

LendIt Partners with Startupbootcamp FinTech For PitchIt Europe 2017 Competition

LendIt, the global lending and Fintech conference, announced on Tuesday it has teamed up with Startupbootcamp FinTech for its PitchIt Europe 2017 competition. According to the event’s organizers, this year’s competition is set to see hundreds of applicants all looking to compete in the competition’s… Read More