Tagged: europe

September 5, 2022 @ 2:17 am By Omar Faridi  |  

After months of investments tumbling in a downward trend, July seemed “to mark a positive turning point for global markets,” according to an update from PensionBee. In fact, China was “the only leading stock market to fall in value.” This brief rebound had “created speculation… Read More

September 5, 2022 @ 1:07 am By Omar Faridi  |  

BXM Link AG has been granted membership confirmation from the Financial Services Standards Association (VQF), a Swiss self-regulatory organization (SRO) officially recognized by FINMA, the Federal Financial Market Supervisory Authority. The VQF membership granted to BXM Link AG, which will be “completely finalized soon after… Read More

September 5, 2022 @ 12:53 am By Omar Faridi  |  

After having a slow month in June, investment and loan origination figures “rebounded and increased steadily by 18.7%,” according to an update from Bondora. This brought both totals to “a solid €15,333,326 in July.” This is encouraging to see at the start of Q3, the… Read More

September 4, 2022 @ 8:21 pm By Omar Faridi  |  

PeerBerry starts a new month with a solid portfolio of EUR 93 million. Over EUR 45 million of loans have been funded “on the PeerBerry platform in August, i.e., a 17% higher amount compared to the previous month.” 1152 new investors “have joined the PeerBerry… Read More

September 4, 2022 @ 1:35 pm By Omar Faridi  |  

Capdesk – Europe’s equity management solution – is announcing it has been “acquired by Silicon Valley unicorn and equity giant Carta.” Founded in 2015, London-based Capdesk claims it is “trusted by over 3500 of Europe’s fastest-growing companies – including Gousto, VOI, Checkout.com, Plum Guide and… Read More

September 2, 2022 @ 2:30 pm By Omar Faridi  |  

Adyen (AMS: ADYEN), the financial technology platform of “choice” for leading businesses,  announced that Pet Supplies Plus, the franchisor and operator of pet-specialty stores in North America, has selected the platform “to power its payments online and in-store for its approximate 230 corporate locations and… Read More

September 2, 2022 @ 12:06 pm By Omar Faridi  |  

August was marked by growing investor activity and “big changes.” according to an update from Robo.cash. Robocash revealed that loans worth €17 million were purchased last month. And 640 investors “registered on the platform, which is 14% more than in previous months.” Robo.cash investors earned €610,000,… Read More

September 2, 2022 @ 8:26 am By Omar Faridi  |  

TrueLayer, which claims to be one of Europe’s leading open banking platforms, announces its collaboration with Bybit, the “third-most visited” cryptocurrency exchange in the world. Bybit was established in 2018 as a crypto derivatives trading platform “where retail investors and traders could benefit from an… Read More

September 1, 2022 @ 9:00 am By JD Alois  |  

Presearch, a heightened privacy search engine that rewards users with tokens, has gained a notable step up in the competitive world of search. Presearch is now integrated with Android in Europe as a default search engine option. According to a statement by Presearch, Android devices… Read More

September 1, 2022 @ 8:41 am By Omar Faridi  |  

Ebury, which claims to be one of Europe’s largest Fintechs and provider of transaction payment solutions, is increasing its presence in the alternative investment sector “to meet growing demand for better, more focused services as an alternative to traditional banking providers.” Ebury has reportedly “invested… Read More

September 1, 2022 @ 8:39 am By Omar Faridi  |  

Oxbury Bank – which claims to be the UK’s ‘first’ and ‘only’ AgTech bank – has secured £25 million in Tier 2 capital funding, with the investment made by British Business Investments, a wholly-owned commercial subsidiary of the British Business Bank. British Business Investments aims… Read More

August 31, 2022 @ 2:09 pm By Omar Faridi  |  

Infobip Group, a global cloud communications platform company for customer engagement, and key player in CPaaS solutions, announced a partnership with Google and Goldman Sachs to launch “an innovative mentorship program for startups from Croatia, the youngest European Union member state with a population of… Read More

August 31, 2022 @ 8:19 am By Omar Faridi  |  

Assetz Capital, the billion pound+ business lender – funding 1 in 12 new homes by SME House Builders, has raised 119% (£297,697) of its £250,003 target from 240 investor via Seedrs with 21 days left in the firm’s crowdfunding campaign (at the time of writing)…. Read More

August 31, 2022 @ 8:14 am By Omar Faridi  |  

UK’s Sourced Capital has reportedly made two new senior hires who will be joining the firm’s investor relations group as the business targets £26 million in lending by the end of the year. Matt Mason has been hired by Sourced Capital to serve as the… Read More

August 30, 2022 @ 10:47 am By Omar Faridi  |  

Security Token Market is pleased to confirm that Archax, a global cryptocurrency and FCA regulated digital asset ecosystem, has joined the STM data partnership network. Archax provides professional investors and institutions “with a primary market for investing into digital asset projects, as well as a… Read More

August 30, 2022 @ 8:19 am By Omar Faridi  |  

Mintos and UK-based litigation financier Fenchurch have mutually agreed “to wind down cooperation due to potentially increased reputational risk for Mintos and also the lending company, resulting from the ongoing liquidation of Fenchurch’s former parent company.” According to the proposed payment schedule, Fenchurch will have… Read More

August 30, 2022 @ 1:14 am By Omar Faridi  |  

Bondora is a global financial platform “providing mutually beneficial solutions for investors and borrowers.” Since 2008, Bondora’s investor base has reportedly “grown to over 200,000 customers who have invested more than €650 million and earned over €80 million to build their financial wealth.” They’re honored… Read More

August 30, 2022 @ 12:17 am By Omar Faridi  |  

Eleving Group reports improved results in “all key business figures in its consolidated financial report for the period ended on 30 June 2022.” The company has provided the following operational and financial information: During the reporting period, Eleving Group has “increased its adjusted EBITDA by… Read More

August 29, 2022 @ 8:58 am By Omar Faridi  |  

UK’s Atom Bank reveals that the 6-month trial of a 4-day work week was really positive for workers and that customer service ratings have not been negatively impacted. App-based Fintech Atom bank said that its four-day working week trial was a success due to several… Read More

August 28, 2022 @ 8:50 pm By Omar Faridi  |  

Ageras Group, based in Denmark, recently raised €35 million from CIBC Innovation Banking, according to a corporate statement. Ageras, launched in 2012, has broadened its services over time and now provides a “financial cockpit” for small businesses, including banking accounting, invoicing, payroll, and more. CIBC… Read More