Tagged: europe

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

OKCoin Announces Expansion into Europe; Launches Euro Trading & Malta Office

Global digital asset exchange OKCoin announced on Tuesday it has expanded its services into Europe as well as launched Euro trading and opened its Malta office .OKCoin users outside of the U.S. may now deposit and withdraw euros and all OKCoin users can participate in… Read More

OurCrowd Partners With NOAH Advisors to Promote Startup Investments in Europe

Global crowdfunding platform OurCrowd announced on Monday it has joined forces with NOAH Advisors, a European corporate finance boutique and organizer of the NOAH Conferences, to jointly promote startup investments in Europe. Through the partnership, NOAH Advisors will support OurCrowd in expanding its European deal… Read More

Stripe Billing Debuts in Europe

Payments platform Stripe announced on Thursday it has launched Stripe Billing in Europe. According to Stripe, Stripe Billing combines advanced machine learning, SCA compliance features, and granular tax modeling to help European subscription and Saas companies get paid faster. Stripe revealed: “With Stripe Billing, European… Read More

Remitly Expands International Money Transfer Service to France

U.S.-based independent mobile remittance company Remitly announced on Thursday it has launched its international money transfer service in France. Customers may now access the Remitly service through its mobile app or website and benefit from a variety of secure and convenient money sending and receiving… Read More

Cambridge Centre for Alternative Finance Publishes 4th European Alternative Finance Report. Total Online Alternative Finance Grows 36% Topping €10 Billion

The Cambridge Centre for Alternative Finance (CCAF) has published its 4th annual European Alternative Finance report. The publication, entitled “Shifting Paradigms” – completed in partnership with the University of Agder in Norway, tracks the growth of alternative finance across Europe including the UK. According to… Read More

Digital Banking Platform 2gether Makes Prepaid Visa Card Available to Use in Eurozone Countries

Digital banking platform 2gether announced on Wednesday users will be able to use 2gether’s prepaid Visa card in any of the 19 eurozone countries. The company revealed: “2gether’s prepaid Visa card allows users to convert cryptocurrency to euros, and to spend those euros anywhere Visa… Read More

J.P. Morgan Launches SEPA Instant Payments in Europe

J.P. Morgan announced earlier this week it is advancing its real-time payments offering by launching SEPA Instant in Europe. The banking group reported that with this latest offering it is continuing on its mission to drive efficiency and add critical value to our clients’ business…. Read More

Corkbrick Europe Returns to Seedrs: Now Seeking €250,000 in Funding

Just a little over a year after securing nearly €200,000 through its first Seedrs funding round, Corkbrick Europe has returned to the equity crowdfunding platform to raise €250,000. As previously reported, Corkbrick was founded in 2012 by father-daughter duo Miguel Reynolds Brandão and Catarina Reynolds… Read More

European Payment Processor Borgun Announces Partnership With Fintech & Insurtech Novae

Borgun, a European payment processor and merchant acquirer, announced earlier this week it has signed an agreement with the fintech and insurtech company novae to support its digital transformation. Borgun reported that it and novae are aiming to co-create solutions in a digital capability framework… Read More

Send this to a friend