Tagged: europe

May 13, 2023 @ 2:41 pm By Omar Faridi  |  

LendInvest PLC (AIM: LINV) has revealed that BNP Paribas SA joined its £300 million financing syndicate with HSBC Holdings PLC and Barclays PLC in order to support the ongoing growth of its short-term mortgages. LendInvest is a London-headquartered  non-bank mortgage lender, and BNP Paribas is… Read More

May 12, 2023 @ 5:17 pm By Omar Faridi  |  

Aspiring homeowners can improve their chances of getting on the housing ladder thanks to Open Banking and “to extra evidence of a borrower’s good financial track record being factored into mortgage checks by a leading lender.” Leeds Building Society has reportedly “become the first UK… Read More

May 12, 2023 @ 5:14 pm By Omar Faridi  |  

Swissquote, which claims to be among Switzerland’s leading online banks, has chosen NetGuardians in order “to enhance fraud mitigation and comply with the AML requirements.” The NetGuardians AI-based financial crime solutions will “monitor all transactions at the bank and on the digital finance app ‘Yuh’,… Read More

May 12, 2023 @ 12:37 pm By Omar Faridi  |  

Neonomics, a Nordic open banking provider, has expanded the launch of their core open banking driven Checkout solution to the Danish market. This payment solution makes it easy for any business “to get started with account-to-account payments through a frictionless front-end user interface, delivering higher… Read More

May 12, 2023 @ 10:53 am By Omar Faridi  |  

Mia-Platform, an end-to-end platform builder that empowers businesses to smoothly create cloud-native applications, has extended its partnership with London-based RegTech startup, docStribute, in order “to launch a new application for financial services businesses to offer faster, more secure lending.” The service will be “available through… Read More

May 11, 2023 @ 11:41 pm By Omar Faridi  |  

There are signs of confidence returning to the UK’s 5.5m small and medium-sized businesses and the lending market they rely on, iwoca’s latest SME Expert Index finds. The new research, “carried out with over one hundred SME finance brokers who collectively submitted over 2,500 SME… Read More

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