Tagged: europe

May 11, 2023 @ 9:51 am By Omar Faridi  |  

TransferMate and Barclays have announced a new collaboration that will bring an international receivables solution to the market, “to help UK businesses reduce transaction costs and save time.” Barclays clients operating in GBP will now be “able to invoice their customers in their clients’ local… Read More

May 11, 2023 @ 7:21 am By Omar Faridi  |  

Sygnum announces the addition of Cosmos’ native token ATOM to its expanding portfolio of regulated digital asset banking products and services. Sygnum clients “can now conveniently buy and hold ATOM on its institutional-grade platform and stake their holdings to earn attractive staking rewards” From today,… Read More

May 11, 2023 @ 7:13 am By Omar Faridi  |  

Revolut and Upvest have partnered to offer fractional ETF and European stock trading across Europe. Upvest are pleased to welcome Revolut and its end users to their community. Offering ETFs and European stocks for the first time Revolut and Upvest will “offer fractional ETF and… Read More

May 11, 2023 @ 7:05 am By Omar Faridi  |  

London Stock Exchange Group (LSEG) has selected OpenFin‘s technology for its flagship LSEG Workspace platform. The partnership will “leverage OpenFin’s secure zero-install delivery model and container technology to simplify distribution of LSEG‘s next-generation data and analytics to customer desktops.” LSEG Workspace reportedly “provides wealth advisors,… Read More

May 10, 2023 @ 12:24 pm By Omar Faridi  |  

Fund Recs announced that CACEIS Bank, Ireland Branch (CACEIS), has selected Fund Recs in order “to introduce further automation to the performance of Position Reconciliations and Daily Cash Flow Monitoring.” The rollout of Fund Recs’ Cash Flow Monitoring Module “within CACEIS has further automated the… Read More

May 8, 2023 @ 10:56 pm By Omar Faridi  |  

Asda customers can now get £20 added to their Asda Rewards cash pot if they open a new Asda Money Credit Card or Asda Money Select Credit Card account, “provided by digital lender Jaja Finance, on or before 4 July 2023.” Asda Rewards is Asda’s… Read More

May 8, 2023 @ 11:03 am By Omar Faridi  |  

LSEG (London Stock Exchange Group) and Barclay’s have signed a new multi-year strategic partnership. Building on their longstanding relationship, the agreement “includes a wide range of capabilities to support Barclays across the full ecosystem of businesses to enhance delivery for customers and clients and prepare… Read More

May 8, 2023 @ 8:02 am By Omar Faridi  |  

Money is the number one cause of quarrels for three out of 10 couples in the UK, according to a survey by Starling Bank. Couples aged 45-54 reportedly “have the most disagreements (39%), along with parents (37%).” The research, which “questioned 4,000 over 16s in… Read More

May 7, 2023 @ 11:24 pm By Omar Faridi  |  

wefox, which claims to be one of the world’s leading Insurtechs, has launched its global affinity business, which connects insurance companies with partners to distribute insurance products. This new business “increases the existing distribution channel for wefox and extends the company’s ability to deliver insurance… Read More

May 7, 2023 @ 3:14 pm By Omar Faridi  |  

SCRYPT, the Swiss-licensed crypto trading firm offering digital asset solutions for institutions, announced a strategic partnership with London-based Fiat-as-a-Service platform Fiat Republic in order “to supercharge SCRYPT’s fiat on/off ramp capabilities, as well as improve automation of customer settlements to its institutional trading platform.” This… Read More

May 6, 2023 @ 1:46 pm By Omar Faridi  |  

VentureWave, an Irish-based venture private equity group committed to impact investing and supporting high-impact entrepreneurs, and Funderbeam, an online investing and trading platform that serves individual investors, have agreed “to enter into a transaction to create a leading global entity which will serve institutional and… Read More

May 5, 2023 @ 8:18 am By Omar Faridi  |  

In March 2023, the loan origination volume via EstateGuru reportedly “grew compared to February, with €7.0M worth of loans.” According to EstateGuru, the most active market “was Estonia (€3.1M), followed by Lithuania (€1.9M) and Finland (€1.2M).” In March, the loan origination volume via EstateGuru grew… Read More

May 5, 2023 @ 8:17 am By Omar Faridi  |  

Zodia Custody has announced plans to become a net-zero company by 2050, as a signatory of the taskforce for leading tech companies fighting climate change, Tech Zero. With over 300 tech companies already among the signatories, Zodia Custody is reportedly the first digital asset custodian… Read More

May 4, 2023 @ 8:29 am By Omar Faridi  |  

Ingka Investments has made a minority investment together with Creades in Swedish based credit information startup called Kreditz, a Nordic market leader in credit scoring and verification services based on Open Banking and PSD2 data. The investment is “part of Kreditz’s latest funding round with… Read More

May 4, 2023 @ 8:22 am By Omar Faridi  |  

Allica Bank claims it is one of the “fastest” UK Fintechs to hit profitability – “becoming monthly profitable in June 2022, less than three years after securing a banking license – and achieving a £3m pre-tax profit in the second half of the year.” Allica… Read More

May 3, 2023 @ 8:30 am By Omar Faridi  |  

LHV Bank, a provider of Banking Services and SME Lending solutions, announces it has been authorized “as a credit institution by the Prudential Regulation Authority (PRA), becoming the first institution to receive a banking licence without restrictions in 2023.” This milestone achievement “allows LHV Bank… Read More

May 3, 2023 @ 8:28 am By Omar Faridi  |  

On April 25th, 2023, the FBI’s Detroit Field Office, with assistance from the Virtual Currency Response Team (VCRT), the Cyber Police Department and Main Investigation Departments of the National Police of Ukraine, and the Prosecutor General’s Office of Ukraine, reportedly “conducted coordinated, court-authorized activity involving… Read More

May 3, 2023 @ 8:24 am By Omar Faridi  |  

Bits Technology, the Stockholm-based startup that focuses on business and customer identity, announces a new €4 million seed funding raise that will help the company further its mission of reshaping how future fintech products are built. Bits will use the funds from the investment round… Read More

May 3, 2023 @ 8:22 am By Omar Faridi  |  

Deutsche Bank (ETR: DBK) announces that it has reached an agreement on the terms of a recommended all-cash offer for the acquisition of Numis Corporation Plc. Numis is a UK corporate broking and advisory house “providing strategic advice and capital market connectivity to 166 retained… Read More

May 2, 2023 @ 8:36 am By Omar Faridi  |  

UK businesses received, “on average, £237,402 worth of fines following data breaches or violation of data protection rules in the last 12 months, with half (50%) of respondents listing financial data as the most likely to be compromised.” The findings come from ISMS.online’s latest State… Read More