Tagged: europe

September 17, 2022 @ 4:27 pm By Omar Faridi  |  

The UK happens to be the “top” European market and is also one of the key global markets for venture capital (VC) funding, according to an update from GlobalData. However, it has been “experiencing a subdued funding activity in the recent months with monthly VC… Read More

September 16, 2022 @ 9:33 pm By Omar Faridi  |  

Martin Sokk notes that being European, his co-founder Mihkel and him had a front row seat to “how difficult and expensive investing in global markets was.” Martin added that you “have the big banks and professional platforms — but then you’re faced with confusing interfaces… Read More

September 16, 2022 @ 9:18 pm By Omar Faridi  |  

BBVA New Gen, the investment product offered by the Group’s Swiss franchise, has completed its first year of existence. In a move to streamline the onboarding process, the bank now “lets prospective customers sign up online just by uploading a ‘selfie’, after which their identity… Read More

September 16, 2022 @ 7:31 pm By Omar Faridi  |  

Kyriba, which claims to be a global leader of Cloud-powered finance and IT solutions, recently announced the launch of Cash Management AI, a solution based on AI, which uses data science tech to predict cash availability with greater speed, control and reliability. The solution enhances… Read More

September 16, 2022 @ 2:32 pm By Omar Faridi  |  

Arbonics, a climate tech start-up, is launching its “unique” data- and science-driven tool to make calculating the potential carbon income of land and forests quicker and easier for landowners in Europe “to help fight climate change.” Earlier this year, Arbonics raised €1.8M in a pre-seed… Read More

September 16, 2022 @ 8:12 am By Omar Faridi  |  

On 13 September 2022, the Central Bank of Ireland reprimanded and fined Danske Bank A/S, trading in Ireland as Danske Bank, €1,820,000 pursuant to its Administrative Sanctions Procedure “for three breaches of the Criminal Justice (Money Laundering & Terrorist Financing) Act 2010, as amended (the… Read More

September 16, 2022 @ 7:33 am By Omar Faridi  |  

Berlin-headquartered compliance firm heyData announced the closing of a €3.3 million seed round. The investment round has been led by Ten VC along with contributions from existing investors Patrice Deckert, Stefan Tietze, and investors Martin Ostermayer and Dirk Freise and Picea Capital, among several others…. Read More

September 15, 2022 @ 8:42 pm By Omar Faridi  |  

For businesses operating in different jurisdictions, the cost and delays associated with FX and cross-border payments “remain a major pain point,” according to an update from Banking Circle. Banking Circle‘s study into SME attitudes to banking services “revealed that 42% of respondents thought their bank’s… Read More

September 15, 2022 @ 8:35 am By Omar Faridi  |  

Adam McCann, Co-founder and CEO at Claimer, notes that he’s pleased to announce they’ve raised a $4.2m seed, led by Project A Ventures, with participation from Moonfire Ventures, and helloworld.vc. A group of angels also contributed to the investment round. They reportedly “include Matt Clifford… Read More

September 15, 2022 @ 7:44 am By Omar Faridi  |  

Paysend, the UK-based Fintech with over 7 million customers, announces the launch of Instant Account Payments, which give consumers and businesses the ability “to send instant cross-border payments of up to $100,000 to accounts for just $1 per payment.” Users can quickly connect to Paysend’s… Read More

September 15, 2022 @ 1:03 am By Omar Faridi  |  

Payhawk, the spend management solution with a presence across the UK and Europe, officially launched in the US. The unicorn has “opened an office in New York and is introducing a US credit card to support companies with multiple offices across the UK, Europe, and… Read More

September 14, 2022 @ 11:50 pm By Omar Faridi  |  

Adyen (AMS: ADYEN), the global financial technology platform of choice for leading businesses, today announced the expansion of Real Time Visa Account Updater (VAU) to Europe. As the first platform to offer Real Time VAU coverage in Europe with Visa, Adyen will help its customers… Read More

September 14, 2022 @ 11:17 pm By Omar Faridi  |  

Tuum, an Estonian-born “next-generation” core banking platform, has partnered with Salt Edge, a key player in open banking solutions, “to help financial services providers from all over Europe to leverage the full spectrum of open banking features – fast and secure.” As technological advancements make… Read More

September 14, 2022 @ 9:44 pm By Omar Faridi  |  

Copenhagen has a strong fintech ecosystem and a “leading” position among fintech hubs globally, according to an update from Mastercard (NYSE: MA). The hub connects both start-ups, established companies and organizations “focusing on innovation and new opportunities.” Mastercard is “committed to empowering the growing fintech… Read More

September 14, 2022 @ 8:13 am By Omar Faridi  |  

Equiduct, the pan-European retail exchange, announced that it has launched the trading of US equities in Apex, the on-exchange Best Execution service “with zero trading fees for retail brokers.” Over five million retail investors with access to Apex will now be able “to invest in… Read More

September 14, 2022 @ 12:27 am By Omar Faridi  |  

Temenos (SIX: TEMN) recently announced the collaboration between Temenos Multifonds and PATRONAS Financial Systems, a provider of advanced software for the European investment industry. The collaboration “offers asset managers an integrated ‘best of breed’ front to back-office solution by utilizing PATRONAS’ … front and middle-office… Read More

September 13, 2022 @ 11:06 pm By Omar Faridi  |  

In response to the growing drive for higher corporate governance standards – both globally and at a national market level – Broadridge Financial Solutions, Inc. (NYSE:BR)  announced it has “commenced live operations of its new ‘golden copy’ event notification and direct vote execution service for… Read More

September 12, 2022 @ 10:16 am By Omar Faridi  |  

ForwardAI, a Fintech providing aggregated access to accounting & business data and analysis, announced today its partnership with Swoop Funding, the one-stop money shop “for businesses in Australia, Canada, Ireland, and the UK.” Through the partnership, Swoop Funding will be “augmenting its current data collection… Read More

September 11, 2022 @ 10:20 pm By Omar Faridi  |  

ETC Group, which claims to be one of Europe’s leading specialist providers of institutional-grade digital asset-backed securities, has announced that it will “list a new exchange traded product on XETRA based on the imminent hard fork of Ethereum and ETHW (the native asset to the… Read More

September 11, 2022 @ 6:47 pm By Omar Faridi  |  

Allica Bank – the bank built specifically to serve the needs of “established” SMEs – is aiming to make £500 million in committed loan offers “between September and the end of the year, as it continues to ramp up its support for UK SMEs facing… Read More