Tagged: europe

October 12, 2022 @ 9:27 pm By Omar Faridi  |  

The team at Bondora is pleased to announce that borrowers in the Netherlands can now access their online and convenient financial services. By expanding to more countries, Bondora claims it can “help empower more people to live the lives they want with less financial stress.”… Read More

October 12, 2022 @ 9:15 pm By Omar Faridi  |  

Customers and institutions in Ireland can now open a Gemini account in order “to deposit, trade, and custody around 100 cryptocurrencies.” Irish customers can “access the Gemini website or mobile app to securely buy cryptocurrencies with Euros (EUR) and Pound Sterling (GBP) with a debit… Read More

October 12, 2022 @ 9:01 pm By Omar Faridi  |  

Resistant AI, the AI and machine learning financial crime prevention specialists, and ComplyAdvantage, which claims to be one of the financial industry’s leading sources of AI-driven financial crime risk data and detection technology, announced “the general availability of their solution for fighting financial crime across… Read More

October 12, 2022 @ 10:19 am By Omar Faridi  |  

Railsr, the embedded finance experience platform, has chosen SurePay as its UK Faster Payments (UKFP) Confirmation of Payee (CoP) vendor in order to assist its clients with combatting fraudulent activities and misdirected payments carried out in the United Kingdom. With SurePay, Railsr may now take… Read More

October 12, 2022 @ 8:11 am By Omar Faridi  |  

MarketFinance, which claims to be one of the leading fintech credit and payments companies, has secured a £30 million credit facility from Viola, the Israeli technology investment group, in order “to expand its B2B Pay Later embedded finance offering for SMEs.” Available in Sterling, US… Read More

October 11, 2022 @ 9:25 pm By Omar Faridi  |  

The volume, velocity and complexity of today’s sanctions screening landscape require “extraordinary” vigilance, backed by analytics and data orchestration that “empower always-on monitoring and immediate action.” To meet these modern-day thresholds, Paris-based Orange Bank teamed with SAS and Neterium “to achieve real-time sanctions screening in… Read More

October 11, 2022 @ 12:47 pm By Omar Faridi  |  

Barclays is rolling out a new cashback without purchase service, “creating thousands of new locations for consumers to withdraw cash for free.” This is the first time a UK bank has “launched its own cashback without purchase service, made possible by Barclays’ payments franchise and… Read More

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