Tagged: europe

Standard Chartered Announces Domestic Cash Management Services in Europe

Standard Chartered announced on Thursday it is set to offer clients an extensive range of cash management services out of London and Frankfurt covering the UK and Eurozone countries, following investment in a new cash management infrastructure. According Standard Chartered, the infrastructure is currently scheduled… Read More

Plug and Play Amsterdam Announces New Programs Focused on Smart Cities & Financial Services

Plug and Play Amsterdam reportedly held a Soft Launch for its new Smart Cities and Financial Services programs last Wednesday at the Johan Cruijff ArenA. According to Plug and Play, the event brought in more than 80 attendees including six startups and over 30 corporate… Read More

PayRue Announces New Partnership With TokenMarket For European Expansion

PayRue, a European based wallet focusing on exchange, transfer, and storage of cryptocurrencies, announced on Friday it has teamed up with global investment platform TokenMarket to continue its European expansion. PayRue reported that as part of the partnership, it has acquired TokenMarket’s decentralized crypto exchange… Read More

Plug and Play Insurtech Announces 14 Startups Selected for Batch Three of the Insurtech Europe Program

Insurtech Europe, Plug and Play’s Insurtech platform based in Germany, announced on Thursday the 14 startups that have been selected for its third batch. According to Plug and Play, the program aims to facilitate opportunities for pilots, POCs, and new relationships between the selected batch… Read More

Crypto Exchange bitFlyer Announces Additional Altcoins For Buy/Sell Platform Across Europe & the U.S.

Japan-based cryptocurrency exchange bitFlyer announced on Tuesday it is adding new altcoins to its platform across Europe and the US. bitFlyer reported that its Buy/Sell users in Europe will now be able to buy and sell Bitcoin Cash (BCH), Ethereum Classic (ETC), Litecoin (LTC), Lisk (LSK) and… Read More

Plug and Play’s Fintech Europe Announces Eight Startups For Fourth Batch

Global innovation platform Plug and Play announced on Thursday its Fintech Europe accelerator program has selected eight startups for its fourth batch. Plug and Play reported together with Deutsche Bank, TechQuartier, BNP Paribas, Nets Group, UniCredit, Aareal Bank, Abanca, Danske Bank, DZ Bank, Elo, and… Read More

Stripe Makes Debut in Eight More European Countries

Payments platform Stripe announced on Monday it has launched its services in eight additional European countries. The countries are Poland, Estonia, Latvia, Lithuania, Slovakia, Slovenia, Greece, and Portugal. Stripe claimed since its launch in 2011 tens of thousands of businesses across Europe has asked the… Read More

Dash Teams Up With IQ CashNow to be Accepted to More than 1,000 New Merchants & Over 250 ATMs

Digital currency for payments and e-commerce platform Dash announced on Thursday it is now accepted at over 1,000 new merchants and more than 250 ATMs through its partnership with IQ CashNow, a full-service provider specializing in cryptocurrency ATMs, point-of-sale (POS) terminals and e-commerce websites. Dash… Read More

Robo.cash Says Interest in P2P Lending Growing in Eastern Europe

Robo.cash, a consumer lender that operates in several European countries as well as Southeast Asia, reports that interest in peer to peer lending in Eastern Europe is increasing. Company analysts claim that the search activity associated with P2P lending in Europe indicates a relative popularity… Read More

Report Says STOs in Europe Have Experienced a 17% Success Rate, Led by Switzerland

According to a report by Fintelum, a tokenization platform for primary issuance and secondary trading, 17% of security token offerings have been successful in Europe (EU + Switzerland and the UK). Granted, it is still very early in the digital asset realm so while the… Read More

Wirecard Announces Fast Track PSD2 Onboading Through Financial Commerce Platform

Germany-based global provider of digital payments and commerce solutions Wirecard announced it automatically offering all new customers a fast track to PSD2 onboarding through its digital Financial Commerce Platform. “From 14 September 2019, new rules will apply in the European Union that stipulate that every online… Read More

UK-based Cryptocurrency Wallet & Exchange Provider PayRue Now Seeking Funds on Seedrs

PayRue, a European based wallet focusing on exchange, transfer, and storage of cryptocurrencies, is now seeking £100,000 through its equity crowdfunding campaign on Seedrs. PayRue is now offering 1.96% in equity at a £5,005,156 pre-money valuation. Founded in 2018 by Mikael Olofsson and Ingemar Svensson,… Read More

Wirecard Announces partnership With European Digital Automotive Platform AUTO1

Germany-based fintech Wirecard announced on Thursday it has formed a partnership with AUTO1 Group, a European digital automotive platform. According to Wirecard,  the agreement was created through SoftBank’s existing partnership with Wirecard and AUTO1 Group and will cover several products in the area of digital… Read More

N26 Extends Series D Funding Round to $470 Million; Now Valued at $3.5 Billion

N26, a European digital-only bank, announced on Thursday a $170 million extension of its Series D funding round to $470 million. N26 reported that the extension drives the bank’s valuation to $3.5 billion, claim it to be the highest valued German startup. To date, N26 has raised more… Read More

N26 Launches New Premium Banking Account “N26 You”

N26, a European digital-only bank, announced on Monday the launch of its new premium banking account, N26 You. According to N26, the account puts users at the core of everything, while building on an existing seamless, borderless banking experience. “N26 You expands on all the… Read More

PayPal Expands International Money Transfer Service Xoom to 32 Markets Across Europe

PayPal announced on Tuesday the launch of its international money service Xoom in 32 markets across Europe. According to PayPal, consumers in these markets can now use Xoom to quickly send money, pay bills or phones to more than 130 markets internationally. “Xoom’s expansion to… Read More

European Crowdfunding Network Announces 2019-2021 Non-Executive Board

The European Crowdfunding Network (ECN) recently announced it has welcomed its new non-executive Board for the period 2019-2021. The organization revealed that after the 4th ECN CrowdCamp: Exploring Blockchain for Alternative Finance, the ECN General Assembly of members convened in Berlin to explore strategic options for… Read More

European Payments Platform Nets Teams Up With Payments App Swish to Launch In-Store Payments Pilot Program

European payments platform Nets announced on Wednesday it has partnered with Sweden payments app, Swish, to launch an in-store payments pilot program. According to Nets, Swiss has mostly been used for account-to-account transact actions and e-commerce payments, The app is now working with Nets to… Read More

Report: Facebook’s Libra Spurring Eurozone Banks to Coordinate an Instant Payment System

Etienne Goosse, director general of the European Payments Council (EPC), has told Reuters that Facebook’s new cryptographic payments program, Libra, is forcing banks in the Eurozone to rapidly develop an instant payments network for banks in the zone. The EPCs goal is to help harmonize… Read More

EU Member States Conclude Negotiations on European Crowdfunding Service Provider Regime: Harmonized Regime instead of Opt-In, Major Boost for Lending Platforms

The European Council has concluded its negotiations on the European Crowdfunding Service Provider Regime, after discussing for more than a year how to facilitate more cross-border Crowdfunding, especially for equity-based and lending-based Crowdfunding. The European Council “defines the EU’s overall political direction and priorities.” The… Read More

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