Tagged: europe

December 30, 2022 @ 4:59 pm By Omar Faridi  |  

Enfuce, the Finnish cloud-native issuing and processing pioneer, has announced the launch of a pilot project with social enterprise Welcome.Place, Finnish mobile payments provider for employment benefits Epassi, and digital payments giant Visa in order “to distribute prepaid payment cards to refugees arriving in France.”… Read More

December 30, 2022 @ 8:18 am By Omar Faridi  |  

EstateGuru reports that in November 2022, the Estonian market “produced €5.4M worth of loans, followed by Lithuania with €3,2M and Finland with €2.1M.” In November of this year, the total financed amount “was €13.2M.” EstateGuru’s core markets “performed as expected, despite the holiday season having… Read More

December 29, 2022 @ 8:28 am By Omar Faridi  |  

The month of November has passed under the Triple Dragon birthday anniversary sign – with many offers from Debitum‘s Loan Originators and increased activity from the investors’ side. On the 1st of December 2022, Debitum Asset-Backed Security offer “was 11, TRIPLE DRAGON had 25 underlying… Read More

December 28, 2022 @ 8:39 am By Omar Faridi  |  

Blockforia.com, a Bulgarian cryptocurrency exchange, is announcing the go-live of its platform  as 2022 comes to an end. The company reports that it will first begin “accepting customers in selected EU jurisdictions, while further expansion is expected to continue in 2023.” Whilst expanding its global… Read More

December 27, 2022 @ 3:27 pm By Omar Faridi  |  

PeerBerry moves to the new year with a “solid” portfolio – the current portfolio of investments in the platform “exceeded EUR 100 million.” This year, PeerBerry’s investors have already “funded over EUR 500 million of loans listed on the platform.” On average, PeerBerry investors “invest… Read More

December 27, 2022 @ 8:35 am By Omar Faridi  |  

There are few things more vital to get right than renting, according to an update from UK-based Fintech firm Modulr. Whether it’s a landlord, letting agency or tenant, it “involves an enormous amount of money and the emotional weight of roofs over people’s heads.” Modulr… Read More

December 26, 2022 @ 11:57 pm By Omar Faridi  |  

Fagura, which aims to build the first digital bank in CEE “for anyone to borrow, invest and transfer money easily,” has secured 186% (€747,076) of its €400,006 target (at the time of writing) via Seedrs from 268 investors, with the crowdfunding campaign closing soon. Located… Read More

December 26, 2022 @ 11:47 am By Omar Faridi  |  

The team at Landbay notes that 2022 started with rising inflation and the Bank of England base rate “followed suit with interest rate increases.” That scenario has “continued throughout the year with steeper rises than many had predicted.” Inflation is “at a 40-year high of… Read More

December 26, 2022 @ 8:39 am By Omar Faridi  |  

Cloudworkz, a B2B, subscription based platform that provides SMEs with in demand human capital, digital marketing and business services, has raised 150% (£827,280.64) of its £550,000 target via Crowdcube (at the time of writing) from 138 investors with 16 days left in the firm’s crowdfunding… Read More

December 24, 2022 @ 9:56 am By Omar Faridi  |  

The latest funding comes from the bank’s largest investor and will be “used to increase loan book and develop new products for SMEs.” Digital SME lender and savings provider Recognise Bank has conditionally “raised a further £25 million in investment from its group’s largest shareholder.”… Read More

December 24, 2022 @ 9:10 am By Omar Faridi  |  

The latest Mintos Risk Score updates based on developments and data from the third quarter of 2022 are now live on Mintos. All details can be found “on the Mintos Risk Score Updates page.” An overview of historical changes in the Mintos Risk Score through… Read More

December 23, 2022 @ 8:35 am By Omar Faridi  |  

Cboe Global Markets Inc. (Cboe: CBOE), a provider of global market infrastructure and tradable products, today announced the appointment of Vikesh Patel as President of Cboe Clear Europe, its pan-European clearing house. Patel will join the company in early 2023, “subject to regulatory approval.” Patel… Read More

December 22, 2022 @ 11:27 pm By Omar Faridi  |  

2022 has been a “meaningful” year for Coinbase’s (NASDAQ:COIN) international expansion, and before they draw it to a close, they want to share some additional updates. Coinbase has been “granted approval by the Central Bank of Ireland to operate as a Virtual Asset Service Provider… Read More

December 22, 2022 @ 4:37 pm By Omar Faridi  |  

Logpoint has released its predictions for 2023, foreseeing that CISOs [Chief Information Security Officers] will “face daunting challenges amidst global economic uncertainty and comprehensive new cybersecurity legislation focusing more on businesses’ cybersecurity practices.” According to Logpoint CTO Christian Have, cybersecurity now “has the attention of… Read More

December 22, 2022 @ 2:54 pm By Omar Faridi  |  

Following the news that British lender TSB Bank was fined $48.65m ($59.07m) by the Financial Conduct Authority and the Prudential Regulation Authority over “a botched IT platform migration that left two million customers locked out of their accounts in 2018,” Chris Dinga, Payments Analyst at… Read More

December 21, 2022 @ 11:57 pm By Omar Faridi  |  

Investment figures and origination numbers dipped “slightly” in November, according to an update from Bondora. Investors added just shy of €14M to their accounts, Bondora revealed. And a total of just over €14M was “originated in loans across all [their] active markets.” Although they decreased,… Read More

December 21, 2022 @ 10:47 pm By Omar Faridi  |  

Flux, the frontrunner in building decentralized infrastructure to power Web3 development, today announced a partnership with OVHcloud, the European cloud leader, “to expand its edge cloud solution options.” This partnership will “enable each company to expand its reach into previously untapped markets – Web3 for… Read More

December 21, 2022 @ 7:07 pm By Omar Faridi  |  

Cardano Foundation, the Swiss non-profit that promotes the growth of the Cardano protocol and contributes to the advancement and development of blockchain technology, has shared key updates and insights with Crowdfund Insider. Frederik Gregaard, the CEO of the Foundation, has commented on his thoughts about… Read More

December 21, 2022 @ 10:51 am By Omar Faridi  |  

Splitit (ASX:SPT), which claims to be the “only” white-label service allowing customers to pay by installments using their existing credit on their payment card at checkout, and Worldline (Euronext: WLN), a global firm focused on payment services, announce “the signing of a partnership agreement with… Read More

December 21, 2022 @ 8:57 am By Omar Faridi  |  

LHV UK announced that it will start issuing Small Medium Enterprise (SME) loans as the Financial Conduct Authority (FCA) approved the company’s Annex I financial institution registration, “a prerequisite to issuing loans in the United Kingdom under the Money Laundering, Terrorist Financing and Transfer of… Read More