Tagged: europe

November 28, 2022 @ 7:35 am By Omar Faridi  |  

Darksquare, which aims to open up the world of alternative investments to individuals, has secured 98% (£197,350) of its £200,002 fundraising target from 82 investors (at the time of writing) with 23 days left in the firm’s crowdfunding campaign, carried out via Seedrs. Located in… Read More

November 27, 2022 @ 2:57 pm By Omar Faridi  |  

CV VC recently published an inaugural German Blockchain Report following its newest and fourth ecosystem hub opening, CV Labs Berlin. The report provides “a structural overview of Europe‘s top-ranked blockchain country, and its publication highlights CV VC’s commitment to building sustainable and connected global ecosystems… Read More

November 26, 2022 @ 10:17 am By Omar Faridi  |  

Solaris, which claims to be Europe’s “leading” embedded finance platform, published a new report on the evolution of embedded finance. The study, conducted in cooperation with the Handelsblatt Research Institute, “analyzes the market potential for the mobility sector in the four largest European markets of… Read More

November 26, 2022 @ 9:01 am By Omar Faridi  |  

The UK and Singapore have agreed a new MoU “boosting fintech trade and cooperation at their 7th Financial Dialogue in Singapore.” The UK and Singapore agree a Memorandum of Understanding (MoU) “on the UK–Singapore FinTech Bridge to remove barriers to fintech trade and boost cooperation.”… Read More

November 25, 2022 @ 7:07 pm By Omar Faridi  |  

Volt, the global gateway for open banking payments in Europe, the UK and Brazil, and Kriptomat, one of the “fastest-growing” European cryptocurrency exchange platforms, are announcing a partnership “to enable Kriptomat customers throughout Europe to make real-time account-to-account payments to buy, sell and exchange cryptocurrencies.”… Read More

November 25, 2022 @ 8:21 am By Omar Faridi  |  

The European Banking Authority (EBA) recently published its final Guidelines on the use of remote customer onboarding solutions. These Guidelines “set out the steps credit and financial institutions should take to ensure safe and effective remote customer onboarding practices in line with applicable anti-money laundering… Read More

November 25, 2022 @ 8:19 am By Omar Faridi  |  

The team at October are pleased to announce that after months of work, the October Connect website is finally live. October’s Tech, Product, Marketing and Connect teams “have worked hard to deliver a totally restyled website.” The design “has been reviewed, each word was carefully… Read More

November 24, 2022 @ 2:17 pm By Omar Faridi  |  

iwoca, one of Europe’s largest small business lenders, is announcing the integration of its B2B payment solution iwocaPay with ecommerce software WooCommerce. WooCommerce “holds 37% market share of ecommerce software platforms worldwide.” iwocaPay’s new extension will “provide tens of thousands of ecommerce businesses with the… Read More

November 24, 2022 @ 10:24 am By Omar Faridi  |  

Síminn Pay, the “pioneering” fintech subsidiary of Iceland’s largest telco provider Síminn, has partnered with Enfuce, the European “leader” in providing turnkey card issuing, “to launch virtual credit cards tailored for Síminn Pay’s lifestyle app, enabling users to make seamless payments.” Founded in 2016, Síminn… Read More

November 24, 2022 @ 9:39 am By Omar Faridi  |  

Financial services firms across the UK are being urged to prioritize investment and training in skills “including digital literacy, coaching and software development to help the sector tackle ongoing skills gaps and to boost its competitiveness.” The five core skills and behaviors also “include creative… Read More

November 24, 2022 @ 9:33 am By Omar Faridi  |  

The Bank of London, which claims to be the next-generation technology company and the “world’s first” purpose-built global clearing, agency, and transaction bank, announced the appointment of Phil Knight as Group Chief Technology Officer (CTO) and Group Chief Information Security Officer (CISO). Phil will “oversee… Read More

November 23, 2022 @ 4:22 pm By Omar Faridi  |  

Motive Partners, a specialist private equity firm focused on building, backing, and buying the technology companies that enable the financial economy, announces that it has entered into an agreement to acquire embedded/capital GmbH, a European venture capital platform “focused on supporting the next wave of… Read More

November 23, 2022 @ 9:37 am By Omar Faridi  |  

Coconut notes that starting a self-employed business is “easier than ever, but the finance tools available haven’t improved for decades.” New laws mean 4m+ UK taxpayers will “have to do 5x more tax returns.” Coconut’s accounting software is “helping accountants get their sole traders &… Read More

November 23, 2022 @ 8:01 am By Omar Faridi  |  

Hydr, which creates software to enable invoice finance at scale for SMEs, optimizing cash flow, fueling growth, has secured 95% (£332,826) of its £350,001 target via Seedrs with 29 days left in the firm’s crowdfunding campaign (with 31 investors so far making contributions to the… Read More

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

On  November 9, 2022, Bondora had their latest live Q&A session for 2022. It’s become somewhat of a tradition that connects clients, Bondora’s investors, “directly to Pärtel Tomberg, the CEO and Founder of Bondora.” Bondora‘s CEO has shared more about how the platform is doing… Read More

November 22, 2022 @ 11:17 pm By Omar Faridi  |  

Interest is both “the cost of borrowing money for a borrower and the compensation of lending money for a lender,” the team at October notes in a recent update. As a lending platform, October explains they are “right in the middle and connect borrowers to… Read More

November 22, 2022 @ 10:54 pm By Omar Faridi  |  

Low carbon building practices, crucial to achieving greenhouse gas emissions targets, “attracted record levels of venture capital funding in 2022 with investment levels soaring to $2.2bn.” Venture capital raised by companies involved in green building design, building materials procurement and lower carbon construction methods “has… Read More

November 22, 2022 @ 11:55 am By Omar Faridi  |  

UK’s professional services firm Evelyn Partners revealed “a significant move to strengthen its Forensic Services team with the appointment of Annabel Kerley FCA as Head of Fraud and Financial Crime.” As a Partner specializing in investigations Annabel will “build and grow Evelyn Partners’ Forensic Services… Read More

November 22, 2022 @ 9:51 am By Omar Faridi  |  

The team at Mintos is pleased to confirm that they’ve reached a new milestone of 500 000 registered users on their investment platform. Over the course of 2022, Mintos claims it experienced “a steady growth in registrations, with an average of 4372 users joining each… Read More

November 22, 2022 @ 8:04 am By Omar Faridi  |  

Alternative investment platform PeerBerry business partners are repaying EUR 1.8 million of war-affected loans. In 9 months of the war, under the Group guarantee mechanism, PeerBerry business partners have already repaid “over EUR 27.02 million, or 54% of the total war-affected obligations towards PeerBerry investors.”… Read More