Tagged: europe

Wayhome, the Gradual Homeownership Provider, Raises £8M via Series A

Wayhome, the Gradual Homeownership provider, announced that they have closed a Series A equity funding round of £8 million. The firm’s investment round was reportedly led “by existing investors Allianz X (Stripe, WeLab, CLARK), Augmentum Fintech (interactive investor, Tide, Zopa) and new funders Volution, Love… Read More

Lithuania: Big Data Analysis Firm Palantir Technologies to Establish Hub in Vilnius

Palantir Technologies Inc., a software and services company which specializes in big data analysis, plans “to expand its operations in Lithuania, after entering into a strategic partnership, together with the Ministry of Defense of Lithuania.” Both parties are planning “to collaborate in developing new digital… Read More

UK Cross-Border Payments Fintech Atlantic Money Introduces New Incentive Program

Atlantic Money is pleased to announce the launch of its referral program, offering users the opportunity “to earn £15 or €15 for each approved person they refer.” Together with its unique “fixed fee” pricing model, the new referral program is “bringing Atlantic Money one step… Read More

Digital Transformation: EY, FintechOS to Support Digitalization Journeys for Financial Institutions

The EY organization announces an alliance between FintechOS, a financial technology company, and Ernst & Young SRL (EY Romania) “to simplify and support the launch and service of banking and insurance products and support detailed transformation journeys through innovation, business knowledge and the implementation of FintechOS’… Read More

CAT Financial Products Selects Fintech Broadridge for Post-Trade Processing of Structured Products

CAT Financial Products Ltd. (CATFP), which claims to be one of the leading independent Swiss providers of securities and investment services for structured products, has transformed its front to back office processing efficiency “by implementing the international multi-asset post-trade processing solution” from global Fintech Broadridge… Read More

European Investment Platform Lightyear Announces Launch of Web Application

Investment platform Lightyear announces the launch of its web application. The requested feature will “enable customers to manage their portfolios, buy/sell shares and research 3,000+ instruments available on Lightyear.” As noted in the update shared with CI, the importance of offering “a web platform has… Read More

Digital Bank Revolut Valuation Nearly Halved by Schroders

Investment bank Schroders recently revealed that it has slashed the valuation of its shareholding in digital bank Revolut by nearly half after the Fintech company had been criticized for trying to downplay potentially serious red flags from auditors BDO regarding its revenue statement. As noted… Read More

CoinShares Leverages The Network Firm’s LedgerLens to Enhance Transparency in Digital Asset Management

CoinShares (Nasdaq Stockholm: CS), an alternative asset manager specializing in digital assets, has announced “the implementation of LedgerLens, a real-time reserves attestation solution provided by independent accounting firm, The Network Firm.” This blockchain-enabled solution “will offer real-time attestation services for CoinShares’ Exchange Traded Products (ETPs), including… Read More

BNPL: UK Lendtech DivideBuy, a POS Finance Firm, Releases Results of Consumer Insights Survey

DivideBuy has released the results of a new consumer insights survey, “showing that 38% of UK consumers will make more use of interest free credit options to manage their finances in the next 12 months.” The Fintech is “Lendtech point of sale (POS) finance firm.”… Read More

Digital Asset Firm Kraken Secures Virtual Asset Service Provider (VASP) Registration in Ireland

Kraken has successfully registered its Irish subsidiary, Payward Europe Solutions Limited, with the Central Bank of Ireland (CBI) as a Virtual Asset Service Provider (VASP). The firm claims that Kraken’s Irish VASP registration “demonstrates to both their clients and regulators that Kraken follows Europe’s most… Read More

Switzerland’s Digital Payments Fintech Klarpay Shares Q1 2023 Update

The team Klarpay recently shared what they have achieved so far in Q1 2023. During the first quarter of 2023, Klarpay AG announced it “achieved profitability in its first year of operations, despite the challenging economic conditions of the global markets.” The company claims it… Read More

Mintos Shares Russia-Ukraine Crisis Impact Updates: €10.4M Recovered, Revo Case Now Closed

After “proactive” efforts to petition the Central Bank of the Russian Federation (The Central Bank), in September 2022, Revo Russia (OOO Revo Technologies MFC) obtained special permission in order “to accelerate repayment of its obligations to Mintos investors in payments larger than 10 million RUB… Read More

MiCA: New EU Crypto Legislation Could Drive Virtual Currency Prices, According to Financial Industry Executive

The EU Parliament’s passing of the Markets in Crypto Act, or MiCA, on Thursday has been hailed as a “landmark moment” for cryptocurrencies that will “help drive prices” for the likes of Bitcoin. This, according to the CEO of an independent financial advisory, asset management and… Read More

Public Digital Infrastructure: Cardano Foundation Releases Report on ADA, Blockchain Ecosystem Developments

The Cardano Foundation, an “independent,” Swiss-based non-profit organization tasked with advancing the public digital infrastructure Cardano, launched its inaugural Annual Report today. From technical infrastructure support to spreading knowledge or establishing targeted partnerships and collaborations, the report highlights the Foundation’s work “across its three core… Read More

EstateGuru Secondary Market Sellers Earned €306,500 with Over 65% Making a Profit

Estateguru’s secondary market provides their investors with an “exit strategy,” should they need access to their funds “before the loan matures, but it’s also a way to diversify your portfolio, and build your wealth.” As a peer-to-peer lending platform based in Europe, Estateguru claims it… Read More

Abundance, EasyMoney, Folk2Folk Are Largest Innovative Finance ISA (IFISA) Providers in the UK: Report

The United Kingdom’s three largest Innovative Finance ISA (IFISA) providers in the P2P lending sector that are reportedly open to new investors include Abundance, EasyMoney, Folk2Folk. This, according to a report from Peer2Peer Finance News. As noted in the update, P2P property lender EasyMoney comes… Read More

European P2P Market Investment Opportunities Now Available in Multiple Jurisdictions Globally, Says Robo.cash

Investments from continental Europe are available in 112 different countries throughout the world, according to an update from Robo.cash. On the continent, Spain reportedly ranks first as an investment-attractive сountry. Outside of Europe, the United States leads the way, the team at Robo.cash notes in… Read More

Fintech Charm Solutions Secures $3.5M via Seed Round Led by BootstrapLabs

Charm Solutions, a Fintech startup with offices in San Francisco, Stockholm, and Wilmington, Delaware, has announced that it secured a $3.5M seed funding round led by BootstrapLabs. Charm is “developing a trusted AI-powered SMB Credit Advisor service that leverages self-learning AI to help institutional lenders… Read More

Digital Banking: European Mobile Bank N26 Announces Campaign to “Decode” Complex Security Issues

The digital bank N26 announced its new campaign, “Security Explained Simply” in order to help “decode the increasingly complex landscape of security in digital banking.” Each of the five updates featured in the campaign “discuss a separate security concept narrated by a character that relates… Read More

Insurtech Firm wefox Announces Appointment of Nicholas Walker to Professional Team

wefox, which claims to be one of the world’s leading Insurtech firms, has recently “appointed Nicholas Walker as Chief HR Officer, with immediate effect.” Julian Teicke, CEO and founder of wefox said: “With Nick joining us as Chief HR Officer we are not only adding… Read More

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