Tagged: europe

Negative Sentiment Continues to “Plague” Digital Assets, but Multi-Asset Is “Bucking the Trend,” CoinShares Reports

James Butterfill, Investment Strategist at London-based CoinShares, a digital asset manager focused on expanding access to the cryptocurrency ecosystem while serving as a “trusted partner” for its clients, notes in a blog post published on Monday (July 26) that for the week ending July 26,… Read More

Lloyds Bank Commercial Banking to Use Mastercard Open Banking Merchant Payment Solution to Launch PayFrom Bank

Lloyds Bank Commercial Banking will be utilizing Mastercard’s Open Banking merchant payment solution to launch PayFrom Bank. The solution allows people to carry out online payments directly from their bank accounts, giving customers more choice over “how they pay” while providing merchants with “instant settlement… Read More

European BaaS Platform Solarisbank AG Secures €190M via Oversubscribed Series D, Firm Now Valued at €1.4B

Solarisbank AG, which claims to be Europe’s leading Banking-as-a-Service (BaaS) platform, reveals that it has acquired EUR 190 million in an “oversubscribed” Series D round, valuing the firm at EUR 1.4 billion. The company’s investment round has been led by Decisive Capital Management, along with… Read More

Assetz Capital Says it’s Focused on Improving Lending Criteria based on Changing Costs of Building Projects

The team at Assetz Capital, a marketplace lending platform originating secured loans, says it’s no secret that there’s been an “unprecedented construction material shortage this year,” in the United Kingdom and few would have “forecast the near-perfect storm that has swept through the sector.” The… Read More

UK Digital Bank Starling Acquires Buy-to-Let Specialist Mortgage Lender, Fleet Mortgages

UK-based digital bank Starling has confirmed the acquisition of specialist buy-to-let mortgage lender Fleet Mortgages as part of a £50 million cash and share deal. Fleet Mortgages, based in Hampshire, focuses on offering mortgages to professional and semi-professional buy-to-let landlords, “only via mortgage adviser distribution… Read More

New UK Innovation Strategy to Cement the Nation’s Position as a Leader in Science, Research, Innovation: Report

Updated plans to put the United Kingdom at the front of the global innovation race have been shared by the Department of Business, Energy & Industrial Strategy, the UK Research and Innovation unit as well as other organizations and individuals. Released on July 22, 2021,… Read More

Digital Bank Zopa Is Reportedly Planning to Raise £100M at £500M+ Post-Money Valuation IPO, with JPMorgan Advising

Digital bank Zopa will be working with JPMorgan which will serve as an advisor on a £100 million funding round. This, according to a report from Sky News, which noted that investors who have been approached regarding the investment round have been considering a £500… Read More

Digital Bank Starling CEO Anne Boden Says They’re Pulling Away from the Fintech Pack, Firm Reports Profitability, Growing Responsibly

UK’s Starling Bank recently shared its trading update for the quarter to 30 June 2021 and its report and “accounts for the period ending 31 March 2021.” The results, released by Starling on July 22, 2021, demonstrate “strong and responsible growth, continued profitability and a… Read More

Atom Bank Exec Explains How They’re Not Your Typical Bank, After Fintech Exceeds £3B in Residential Mortgage Lending

Earlier this month, the team at Atom Bank reported reaching a key milestone: £3 billion in residential mortgage lending. Hitting this number “represents an important step for our bank, and gives us a real sense of progress as we continue helping more to buy, move,… Read More

SIX Swiss Stock Exchange Reports CHF 108.2M Net Profit in H1 2021, Launches 40 Crypto-related ETPs

SIX, the Swiss Stock Exchange which is Europe’s 3rd-largest stock exchange and one the industry’s most-respected post-trade providers, is reporting a “solid” set of results for the first half of 2021. The SIX Swiss Exchange, based in Zurich and serving as Switzerland’s principal stock exchange,… Read More

European P2P Lender Bondora Reports that Originations Keep Rising for 6th Straight Month

European peer-to-peer lender Bondora reports that originations on their platform keep on rolling in 2021. Last month, originations on the Bondora platform totaled €11,036,285—which represents a 5.9% growth rate when compared to figures from May of this year. This is reportedly the sixth straight month… Read More

Switzerland based Proptech Firm Properti Continues Expanding Operations, Hires Umut Sentürk as COO

The team at Properti, a technology-driven real estate firm focused on modernizing residential properties in Europe, reveals that it remains focused on expanding its operations. They recently welcomed Umut Sentürk as their new Chief Operating Officer at Properti AG. As noted in an update from the… Read More

Real Estate Report: Northern Ireland was Best-Performing UK Region, with Scotland, West Midlands Housing Prices Also Rising

According to the Nationwide House Price Index in the UK, the price of the average house in the country surged by 13.4% YoY in June 2021, which is the largest increase seen in more than 17 years – since November 2004, the Blend Network team… Read More

Azimut Group, with Azimut Investments S.A., Is Reportedly the First Luxembourg Fund Manager to Acquire Permit to Manage Digital Asset Funds

Azimut Group, with Azimut Investments S.A., is reportedly the first asset management firm based in Luxembourg to acquire authorization to manage digital assets strategies. With this further evidence of the Group’s innovation capabilities, Azimut confirmed that it will be introducing the AZ RAIF Digital Asset… Read More

UK based PensionBee, an Online Pension Provider, Reports Doubling Assets Under Administration to £2B

UK’s PensionBee (LON: PBEE), an online pension provider, recently revealed that its assets under administration have now more than doubled during the past year. Today we’re delighted to announce that we now administer £2bn of pension savings on behalf of our customers 🎉🎊✨ pic.twitter.com/qhl4cSiISZ —… Read More

Payments Fintech Banking Circle Chooses European Firm SIA to Provide Instant Payments

Banking Circle, the Payments Bank for the digital economy, has chosen SIA, an established European hi-tech firm in payment services and infrastructures, controlled by CDP Equity, in order to introduce its instant payments service in Europe “connecting to the TARGET Instant Payment Settlement (TIPS) service… Read More

Cross-Border Payments Fintech Thunes Acquires Limonitek, a European Payment Service Platform

Cross-border payments Fintech Thunes revealed earlier this week that it acquired Limonetik, a European Payment Methods Platform. The latest acquisition by Thunes should complement the Fintech firm’s existing cross-border payments solutions by enabling companies or businesses to get paid in 70 different countries, using more… Read More

Legal Proceedings Brought by P2P Lending Platform Mintos have Recovered Investors’ Funds from Aforti Finance

Legal proceedings brought by European P2P lending platform Mintos have reportedly managed to recover investors’ money from Aforti “in full.” The Mintos team confirmed in an update, dated July 23, 2021, that all of Aforti’s outstanding investments and pending payments have “now been recovered in… Read More

French Spend Management Fintech Spendesk Acquires €100M in Capital via Series C led by General Atlantic

France-based Spendesk, a spend management platform, has acquired €100 million in capital through a Series C round that was led by General Atlantic, an international growth equity company. Spendesk offers finance professionals a software-as-a-services or SaaS spend management system for complete visibility and control on… Read More

Global Reinsurance Firm PartnerRe Adopts Digital Solution from iPipeline to Expand International Protection Portfolio

iPipeline, a provider of low code / no code content-enabled digital solutions and services to the financial services sector, reveals that global reinsurance company, PartnerRe, has decided to adopt the iPipeline’s SSG Digital® Platform in order to expand its international protection portfolio. As mentioned in… Read More

Send this to a friend