Tagged: europe

October 11, 2022 @ 11:58 am By Omar Faridi  |  

Clearstream has reached the next level of digitization of financial markets by “creating the digital instrument on D7, Deutsche Börse’s digital post-trade platform.” European issuers can now “leverage the new infrastructure to issue digital securities.” The first automated issuances were “performed by LBBW and Vontobel,… Read More

October 11, 2022 @ 7:44 am By Omar Faridi  |  

Bank of America’s (NYSE: BAC) online payment solution, Pay by Bank, is now available for euro currency payments. Delivered in conjunction with Banked Ltd., this development follows the UK launch of Pay by Bank in February this year and “allows customers of e-commerce companies to… Read More

October 10, 2022 @ 11:47 pm By Omar Faridi  |  

In the latest Insight update from Mintos, Martins Sulte, the platform’s CEO and Co-Founder of Mintos, comments on the last quarter on Mintos and provides a “sneak peek” at what you can expect in the following months. As mentioned in a blog post by Mintos,… Read More

October 10, 2022 @ 11:07 pm By Omar Faridi  |  

October, the European Fintech company specializing in SME financing, and Solution Bank, an innovative corporate & investment bank, have “developed a new way of financing SMEs.” Businesses that apply to October for financing will also “have Solution Bank’s resources directly available to them.” The challenger… Read More

October 10, 2022 @ 9:51 pm By Omar Faridi  |  

Loans worth €14 million were purchased last month, according to an update from Robo.cash. The Robocash team further revealed that 594 people joined the platform. As noted in a blog post, Robo.cash investors earned €600,000, The investment platform has shared a few highlights covering what… Read More

October 10, 2022 @ 2:44 pm By Omar Faridi  |  

PeerBerry’s business partner – real estate developer SIB Group – has reportedly “repaid investments into a commercial real estate project – business center K32 located in a prestigious place in Vilnius (Kęstučio str.32), the capital of Lithuania.” K32 is a Class A commercial building that… Read More

October 10, 2022 @ 10:00 am By Omar Faridi  |  

Personal savings app provider Yeeld has raised 71% (€357,114.20) of its €500,000 target from 292 investors with 8 days left (at the time of writing) in the firm’s crowdfunding campaign carried out via Crowdcube. Yeeld reports a Pre-money valuation of €12,000,000; Equity: 4%; a €0.78… Read More

October 10, 2022 @ 8:23 am By Omar Faridi  |  

For the entire world, and especially for the European region, the year 2022 is associated with significant fluctuations in the global economy, which also “have left a remarkable impact on every local market,” the team at Debitum noted. Such a difficult and critical period has… Read More

October 10, 2022 @ 8:18 am By Omar Faridi  |  

Crowdtolive, which lets people own their home “without incurring debt,” whilst investors can get the benefits of property investment, has raised 120% (£482,950) of its £400,004 target via Seedrs from 158 investors (at the time of writing) with 20 days currently left in the firm’s crowdfunding… Read More

October 9, 2022 @ 11:40 pm By Omar Faridi  |  

The Quadrans Foundation, as part of the TRICK Consortium, will “provide the blockchain technology infrastructure for the new platform’s design and will use Truebit to achieve TRICK’s development goals.” TRICK Project (product data traceability information management by blockchains interoperability and open circular service marketplace) was… Read More

October 9, 2022 @ 11:34 pm By Omar Faridi  |  

A new independent survey of more than 2,000 European SMEs has found: 68% plan to adopt real-time payment processing in the next 12 months At present, just 10% of SMEs can receive payments instantly 23% say their international growth has been hindered due to delays… Read More

October 8, 2022 @ 6:23 pm By Omar Faridi  |  

Bizcuit provides invoice financing to Rabobank clients in their need for flexible liquidity. These services are for those who need money quickly to meet their payment obligations in the short term, want to take advantage of a purchasing option with their supplier, or because they… Read More

October 8, 2022 @ 6:15 pm By Omar Faridi  |  

HSBC (NYSE: HSBC) has launched HSBC Trade Solutions (HTS) to customers in its two largest markets – the UK and Hong Kong. Whilst making trade simpler, faster, and safer for customers through integrated digital journeys, HTS will “power commerce that is rapidly evolving across different… Read More

October 7, 2022 @ 7:52 am By Omar Faridi  |  

Aryza, which claims to be the expert developers of software solutions for the sectors of insolvency, credit and debt recovery, has announced a partnership with Validis, an open accounting platform, in order “to develop an open finance solution that will help business lenders obtain better… Read More

October 7, 2022 @ 7:47 am By Omar Faridi  |  

PKO Bank Polski says the Metaverse initiative will be used as a laboratory “to broaden experience and to test relevant technological solutions.” According to Paweł Gruza, vice president of the management board of PKO Bank Polski managing the work of the management board, in the… Read More

October 6, 2022 @ 10:40 pm By Omar Faridi  |  

British teenagers say they go online for help “on everything from hair hacks to video game tips, with one in three (33%) preferring to seek advice on the web to avoid the ‘awkwardness’ of asking someone face to face.” The Lloyds Bank research – which… Read More

October 6, 2022 @ 8:06 am By Omar Faridi  |  

Smart money app Plum is reportedly launching its third crowdfunding round after acquiring £5 million in debt financing from Silicon Valley Bank. Plum previously conducted a public campaign on Crowdcube that managed to acquire $8 million in additional capital along with a $24 million Series… Read More

October 5, 2022 @ 11:32 pm By Omar Faridi  |  

ABN AMRO is introducing ID & pay, the app that “replaces cumbersome onboarding and payment processes with a single online identification and payment functionality within the bank’s own secure environment.” In a pilot partnership, the bank and Swapfiets are “working together to offer new and… Read More

October 5, 2022 @ 10:31 pm By Omar Faridi  |  

With Request to Pay (RTP), invoices may be “displayed at the online bank account and settled directly via an automatically generated payment notification in the future.” DZ BANK relies on PPI AG‘s white-label platform PAYCY  “for the implementation.” DZ BANK and PPI AG are “launching… Read More

October 5, 2022 @ 12:35 pm By Omar Faridi  |  

Payhawk, the “fast-growing” spend management platform combining company cards, reimbursable expenses, and accounts payable in one solution, recently announced the launch of a business credit card in the UK. This new release “follows its launch of credit cards for US businesses in September this year,… Read More