Tagged: europe

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

November 22, 2022 @ 8:02 am By Omar Faridi  |  

At the beginning of November 2022, Debitum Asset-Backed Security offer was 5, TRIPLE DRAGON had 10 underlying assets in 2 ABSs, FLEXIDEA had 1 ABSs with 5 business loans and EVERGREEN CAPITAL had 44 underlying assets in 2 ABSs. At the end of October 2022,… Read More

November 22, 2022 @ 7:54 am By Omar Faridi  |  

OneBanx, the shared branch banking innovator, is launching the public phase of its £1.25m fund raise on Crowdcube, Europe’s crowdfunding platform. Having shown that OneBanx’s shared branch concept works with three pilots in Central Scotland, the team is now “embarking on the next phase of… Read More

November 21, 2022 @ 11:45 pm By Omar Faridi  |  

Zimpler, which claims to be a leading fintech company born in Sweden, announced that it will expand its operations to Latin America. The company has “established its LatAm headquarters in São Paulo, catering to the growing local and regional markets.” Zimpler plans “to introduce their… Read More

November 21, 2022 @ 8:32 am By Omar Faridi  |  

Accounting firm KPMG has signed off that Bitpanda’s funds “exceed customer holdings following a special review held in light of the recent FTX collapse.” Bitpanda is in active exchange with the Austrian Financial Market Authority (FMA), which regularly “audits the company.” However, this “extraordinary,” additional… Read More

November 20, 2022 @ 8:17 pm By Omar Faridi  |  

ROX Equity Partners, a UK based private equity company, has acquired SilverBridge. The financial services technology provider “has become the first subsidiary in the newly established Alula Technologies group providing solutions to the insurance and health industries.” As an organization who has demonstrated its ability… Read More

November 20, 2022 @ 7:26 pm By Omar Faridi  |  

Input Output Global, Inc. (IOG), one of the builders of Cardano, the proof of stake blockchain, has partnered with the University of Edinburgh, one of the “most highly rated” academic institutions in the United Kingdom, “to develop the blockchain industry’s first ‘decentralization index’.” The Edinburgh… Read More

November 20, 2022 @ 12:23 pm By Omar Faridi  |  

The Financial Conduct Authority has publicly censured Mohammad Ataur Rahman Prodhan, the former Chief Executive Officer of Sonali Bank (UK) Limited (SBUK) “for anti-money laundering (AML) failings.” Prodhan was “the senior manager at SBUK with responsibility for the establishment and maintenance of effective AML systems… Read More

November 19, 2022 @ 6:25 pm By Omar Faridi  |  

Paysend, the UK-based fintech, introduced Paysend Libre, which will “allow unbanked users in Northern Central America (Guatemala, Honduras, El Salvador) to receive remittances from the U.S. instantly to a Paysend virtual Mastercard digital card.” The virtual card is ready “to use in minutes for cash… Read More

November 19, 2022 @ 1:22 pm By Omar Faridi  |  

ESTO Group, a provider of “innovative” payments and shopping solutions in the Baltics, announced that it has entered a strategic partnership with Multitude Bank p.l.c. The company has provided the following operational and financial information. Multitude Bank has “committed €14m into a bond program to… Read More

November 19, 2022 @ 12:24 pm By Omar Faridi  |  

Coinbase (NASDAQ:COIN) is rolling out Easy Bank Transfers, which are described as “a seamless and secure way for UK users to add money to their Coinbase account.” As part of Coinbase‘s mission to increase economic freedom in the world, they are “committed to finding ways… Read More

November 19, 2022 @ 12:20 pm By Omar Faridi  |  

Since March of this year, the share of investments in long-term loans on the Robocash platform has “been increasing,” the company claims. Along with this, the investor earnings are also growing, the team at Robocash reveals in a blog post. Robo.cash added that for the… Read More

November 18, 2022 @ 8:13 am By Omar Faridi  |  

Crowdcube reveals that it has earned B Corp certification, solidifying the equity crowdfunding platform’s aim to developing a business making a net positive impact on the planet. The Fintech firm reportedly received a score of 87.2 out of 200 (the average score is around 50.9)…. Read More

November 17, 2022 @ 8:15 am By Omar Faridi  |  

Regnology, a software provider with a focus on regulatory reporting solutions, announces that it has acquired b.fine, a Belgian RegTech firm which “assists financial institutions on the enhancement of their reporting supply chain.” Founded in 2017 and headquartered in Belgium, b.fine has “grown to a… Read More

November 16, 2022 @ 8:24 am By Omar Faridi  |  

Banked Ltd, the London-based Fintech company building a next-gen global payment network, announced that it has raised over $15 million in a Series A extension round, “led by global software investor Insight Partners.” The investment round was “supported by Citi and National Australia Bank Ventures,… Read More

November 16, 2022 @ 8:18 am By Omar Faridi  |  

Atom bank and Phoebus Software Limited (PSL) have reportedly signed a new 3-year contract. The digital bank which streamlined the mortgage market by introducing the use of mobile apps in order to support its lending processes, has been a Phoebus user since Atom Bank’s official… Read More

November 15, 2022 @ 10:26 am By Omar Faridi  |  

The team at Molo Finance are pleased “to introduce a ‘Savings Booster’ feature across all of our buy-to-let products.” Current market volatility in the UK has “resulted in landlords facing the highest mortgage interest rates in over a decade.” Recognizing the challenges they face, the… Read More

November 15, 2022 @ 8:26 am By Omar Faridi  |  

UK BaaS (Banking as a Service) fintech firm Griffin and global FS OS (Financial Services Operating System) 11:FS Foundry announced a new partnership “to help businesses actualise the benefits of embedded finance – the process of building new fintech products and embedding financial services directly… Read More

November 14, 2022 @ 10:35 am By Omar Faridi  |  

Adyen (AMS: ADYEN), the global financial technology platform of “choice” for large businesses, announced that Instacart, the grocery technology company in North America, “has selected the company as an additional payments processing partner.” As part of the new partnership, Instacart will “leverage Adyen functionality, including… Read More

November 14, 2022 @ 8:10 am By Omar Faridi  |  

iCapital, the fintech platform driving access to alternative investments for the wealth management industry, announced the recent expansion and official opening of its new Lisbon office “as the company’s global hub for technology development and operations.” In the past 24 months, iCapital increased its global… Read More