Tagged: europe

UK Fintech Ebury Enrolls in Amazon’s Payment Service Provider Program

Ebury, a global fintech, is pleased to announce that it has become a member of Amazon’s Payment Service Provider Program “meaning that sellers using Amazon sites can continue to collect payments in different regions and currencies through Ebury’s platform.” The Program was “introduced by Amazon… Read More

Societe Generale, Altalurra Ventures Invest in impak ratings

Societe Generale – one of Europe’s leading financial services groups, which supports its clients in their environmental and energy transition by providing responsible and innovative financing solutions – and Altalurra Ventures – a fund investing in technological start-ups with an positive impact – “are investing… Read More

Barclaycard Reveals How UK Consumers are Coping with Cost-of-Living Crisis

From re-using back-to-school items to starting side-hustles, new data from Barclaycard reveals how Brits are “changing their spending behavior to make their money go further during the cost-of-living crisis, while also trying to make the most of the summer holiday period.” Insights are taken from… Read More

Sustainability: Working Group Introduces Biodiversity Basics Learning Program

If you’re a professional at a financial institution and you want to learn more about biodiversity (related to sustainability), then you may consider an e-learning program that “teaches you the biodiversity basics.” The Biodiversity Working Group has “developed an e-learning tool on the biodiversity basics… Read More

Blockchain Tech Firm TradeStrike BVI Introduces Mobile Crypto Wallet

Blockchain technology company TradeStrike BVI has announced the launch of its new mobile crypto wallet, which will “enable retail investors, as well as the 10,000+ holders of its $STRX utility token, to track their portfolio’s performance via a mobile app.” The launch has been “accompanied… Read More

UK’s PensionBee Comments on What Happened to Pensions in September 2022

Pensions are invested in global stock and debt markets, and therefore “what happens around the world will also be felt in our pensions,” the team at UK’s PensionBee explains. PensionBee wrote in a blog post that September saw “the continuation of the domino effect created… Read More

CBDCs: Israel, Norway, Sweden, BIS to Explore Retail CBDC for Payments

The Bank for International Settlements (BIS) and the central banks of Israel, Norway and Sweden are launching Project Icebreaker, a joint exploration of how central bank digital currencies (CBDCs) can be “used for international retail and remittance payments.” Cross-border payments “continue to be plagued by… Read More

Berlin’s Solaris Becomes New Partner for ADAC Credit Card

ADAC Finanzdienste GmbH and Solarisbank AG will cooperate on the ADAC credit card program in the future. Solaris will “replace Landesbank Berlin (LBB) as co-branding partner for the ADAC credit card in the second half of 2023.” Until then, the partnership with LBB “will continue.”… Read More

Joompay Reaches 250,000 Users, Engages Banking Circle for Ongoing Growth

Joompay, a pan-European fintech start-up, celebrates the milestone of 250,000 accounts. Users can open an account online in “a manner of minutes, get a Visa payment card and immediately start saving on their purchases with select merchants, such as Joom Marketplace.” Joompay sees that among… Read More

Berlin’s Grover Receives €270M in Funding from Asset Manager M&G

Grover, the consumer-tech subscription platform, has finalized a new €270 million debt financing facility with M&G, the international asset manager. With the fresh capital, Grover will “expand its product inventory to serve rising demand from customers in existing markets such as Germany, Spain, Netherlands, and… Read More

Capchase Integration with Xero to Offer SMBs Quick Access to Capital

Capchase, a provider of non-dilutive financing to SaaS companies, has announced a new integration with Xero, the global small business platform. Through this integration, UK small business customers will be able “to apply for growth capital via the Capchase app in the Xero App Store.”… Read More

Archax, BondEvalue to Deliver Solutions for Trading of Fractional Fixed Income Products

Archax and BondEvalue have announced a strategic partnership “to deliver digital solutions for the ownership, trading and custody of fractional fixed income products using blockchain technology.” Archax, which claims to be the “first” and only Financial Conduct Authority (FCA)-regulated digital securities exchange, broker and custodian,… Read More

Mollie Introduces Mollie Capital to Provide Flexible Financing

The team at Mollie is pleased to introduce a new product to help their customers drive growth: Mollie Capital. Described as a fast and flexible way for their customers to access funding, Capital’s launch also signifies their “move into financial services.” Mollie Capital is “a… Read More

Liberis Secures an Additional £140M from Barclays, BCI Finance to Fund SMEs

Liberis, a global embedded business finance platform,  announced that they have secured £140m in financing from Barclays Bank PLC and BCI Finance in order “to help secure its global partner expansion and growth plans for the next two years.” This brings Liberis’ total funds raised… Read More

European Credit Provider Younited Reaches Milestone of €200M in Annual Revenue in H1 2022

Younited, the instant credit provider in Europe, provides European households – in France, Italy, Spain, Portugal, and Germany – with financing solutions “for projects and purchases up to 50,000 euros.” This milestone is the “best proof” of the relevance of Younited’s offer to its customers:… Read More

European Commission Welcomes Joint Statement to Provide Accessible Remittance Services to Ukraine

The European Commission has welcomed a Joint Statement by EU and Ukrainian financial institutions “to provide access to affordable, accessible and transparent remittance services to Ukraine.” Today, remittances from Ukrainians in the EU are “a vital way of providing means of subsistence to their families… Read More

Crypto.com Obtains Regulatory Approval in France

Crypto.com, which claims to be one of the world’s fastest-growing cryptocurrency platforms, announced it has been registered in France as a Digital Asset Service Provider (DASP) by the Autorité des marchés financiers (AMF) following clearance from the Autorité de Contrôle Prudentiel et de Résolution (ACPR)…. Read More

UK’s Aviva plc Invests $10M in Female Innovators Lab Fund

Aviva, which claims to be one of the UK’s leading insurers, announced an investment of $10 million into the Anthemis Female Innovators Lab Fund. The fund was “founded in September 2019 and backs female entrepreneurs in the fintech industry across the UK, Europe, Canada and… Read More

Young Adults Putting Lives “On Hold” in Cost of Living Crisis, Starling Bank Survey Reveals

Three quarters of young adults (76%) plan “to make major sacrifices or put life events on hold due to the cost of living crisis,” according to a survey by Starling Bank. The research, which questioned 2,000 UK adults, compared age groups and asked about stresses… Read More

Allurity Acquires Aiuken to Establish European Cybersecurity Platform

Allurity has acquired Spanish multinational Aiuken, as “an important step in its journey to becoming Europe’s leading cybersecurity provider.” Aiuken brings an entire SOC platform “spanning three continents, as well as its Cloud Security and SOC-as-a-Service platforms.” This deal takes Allurity one step closer “to… Read More

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