Tagged: europe

February 28, 2023 @ 11:19 pm By Omar Faridi  |  

lettingaproperty.com says it’s on a mission “to become the go-to destination for renting.” The firm has raised 105% of its £850,003 target via Seedrs at the time of writing. As noted in the update, the offer is set to be closing soon.  At present, £900,284… Read More

February 28, 2023 @ 8:06 am By Omar Faridi  |  

Circles.house has secured 137% (€206,810) of its €150,000 fundraising target from 291 investors via Crowdcube at the time of writing. This convertible offer from Spain ends today (February 28, 2023). As explained in the update, rather than investing and immediately receiving shares, in this round… Read More

February 27, 2023 @ 11:17 pm By Omar Faridi  |  

Doconomy, the climate technology startup helping banks, brands, and consumers to better understand and reduce their environmental impact – has acquired Stockholm-based financial wellbeing fintech Dreams Technology. This marks the “first” deal of its kind “to bridge the unique intersection of behavioural economics and climate… Read More

February 27, 2023 @ 10:47 pm By Omar Faridi  |  

Northern Ireland (NI) Office Minister of State Steve Baker has announced £18.9 million investment in NI’s cyber security industry at Queen’s University Belfast’s (QUB) Centre for Secure Information Technologies (CSIT). This includes £11 million funding from the New Deal for NI. The investment will “see… Read More

February 27, 2023 @ 9:51 am By Omar Faridi  |  

PeerBerry and its partner Aventus Group continue a strategy to diversify the business by country and bring more diversity to investors. Recently, the Czech lender PůjčkaPlus joined the PeerBerry platform. The company reportedly “issues short-term non-bank loans with an average amount of around EUR 300.”… Read More

February 27, 2023 @ 8:44 am By Omar Faridi  |  

Around six years ago, the first loan on Robo.cash was purchased. Robo.cash says it is pleased to celebrate this event and thank their investors for being with them. As noted in a blog post by Robocash, here’s what have they’ve achieved over the years” 30,000+… Read More

February 26, 2023 @ 11:39 pm By Omar Faridi  |  

wefox, which claims to be one the world’s leading Insurtechs, has received the Digital Trust Label by The Swiss Digital Initiative, a Geneva based independent foundation for advancing digital trust and transparency globally. This Label recognizes wefox’s commitment “to data protection and information transparency.” The… Read More

February 25, 2023 @ 6:36 pm By Omar Faridi  |  

DirectID, a UK-based, global fintech specializing in credit risk, risk analytics and predictive modelling, using bank transaction data, announced that Ingka Investments, the investments arm of Ingka Group, has made a EUR 9m minority investment in the company. With a mission to promote financial inclusion… Read More

February 25, 2023 @ 10:11 am By Omar Faridi  |  

UK car finance fintech Carmoola has raised a £8.5 million Series A round and £95 million debt facility to improve “the way people pay for car purchases.” The investment round was “led by US-based fintech specialists QED Investors, with participation from existing investors VentureFriends and… Read More

February 24, 2023 @ 7:16 pm By Omar Faridi  |  

Linux Foundation Europe, an independent trusted supporter and vendor-neutral home for open source projects in Europe, announced the official formation of the OpenWallet Foundation (OWF). This new, collaborative effort will “develop open source software to support interoperability for a wide range of wallet use cases,… Read More

February 24, 2023 @ 3:17 pm By Omar Faridi  |  

Ingenico, the company focused on payment acceptance solutions, has just signed a strategic partnership with Binance, the largest exchange for digital assets, “to offer an in-store cryptocurrency payment acceptance solution.” The first pilots have “been deployed in France.” This partnership is “a major step in… Read More

February 24, 2023 @ 12:22 pm By Omar Faridi  |  

NatWest and NAB have published a jointly authored white paper “exploring the common threads that bind both Australia’s Consumer Data Right (CDR) and the UK’s Open Banking regime.” The agenda-setting whitepaper “highlights the similarities in the policies that underpin both regimes: to increase competition, innovation… Read More

February 24, 2023 @ 9:02 am By Omar Faridi  |  

Funding Circle (LSE:FCH) has announced a partnership with Sage, a firm focused on accounting, financial, HR, and payroll technology for small and mid-sized businesses (SMBs). The collaboration “makes it simpler for small businesses to secure funding.” With the incorporation of Sage Accounting and Funding Circle’s… Read More

February 24, 2023 @ 8:54 am By Omar Faridi  |  

The role of AI in EU securities markets is becoming more significant. A widespread use of artificial intelligence (AI) comes with “risks,” according to an update from European Securities and Markets Authority (ESMA). In particular, increased uptake may “lead to the concentration of systems and… Read More

February 23, 2023 @ 12:26 pm By Omar Faridi  |  

We recently connected with Ruben Merre, Co-founder and CEO at NGRAVE. a digital asset security provider focused on making the safest, most reliable products in the blockchain industry. Ruben Merre talked about how centralized crypto exchanges and online digital currency wallets may not be the… Read More

February 23, 2023 @ 2:20 am By Omar Faridi  |  

Trading Technologies International, Inc. (TT), a global provider of high-performance professional trading software, infrastructure and data solutions, and Eurex Frankfurt AG, the European derivatives exchange, announced that they have “entered into a commercial partnership in which TT will offer direct access to the Eurex EnLight… Read More

February 23, 2023 @ 1:18 am By Omar Faridi  |  

In the constantly evolving world of payment solutions, transaction volumes are “growing exponentially.” Scaling securely and compliantly is “key,” according to an update from Napier. Lyra Group, the €79 million turnover European and unified payment solutions provider processing over twenty billion transactions worldwide annually, has… Read More

February 22, 2023 @ 11:14 pm By Omar Faridi  |  

ALMIS International is pleased to announce that GB Bank, which was awarded their full banking license in August 2022, have chosen “to add additional ALMIS International products as it continues to drive forward its ambitious growth plans.” Having already trusted ALMIS International for their ALM… Read More

February 22, 2023 @ 11:00 pm By Omar Faridi  |  

SmartSave Bank, the savings brand of UK digital bank Chetwood Financial, has today announced a new partnership with Flagstone, the UK’s cash deposit platform. Flagstone claims it is “the UK’s largest smart cash platform for corporate, charitable and individual clients.” It offers “a choice of… Read More

February 22, 2023 @ 8:08 am By Omar Faridi  |  

Klink Finance, a crypto startup based in London, has received its initial authorization to offer its cryptocurrency services across the European Union. Klink is “building a Prize Linked Wallet that offers cryptocurrency investors the opportunity to store their funds and earn regular rewards on top… Read More