Tagged: europe

July 31, 2022 @ 8:54 pm By Omar Faridi  |  

At the beginning of July 2022, the Debitum Asset-Backed Security (ABS) offer was 5, TRIPLE DRAGON had 15 underlying assets in 3 ABSs, EVERGREEN CAPITAL had 45 underlying assets in 2 ABSs. The number of registered users (activated) in June 2022 “reached 9357 registered users.”… Read More

July 30, 2022 @ 4:28 pm By Omar Faridi  |  

Fintech startup Lightyear, which launched in the UK in 2021 and in 19 European countries in July 2022, has “expanded its product suite with the launch of Price Alerts, a highly requested feature by customers.” Lightyear, founded by early Wise alumni Martin Sokk and Mihkel… Read More

July 30, 2022 @ 11:24 am By Omar Faridi  |  

eToro, the social investment network, announced that it has registered with the Italian regulator Organismo Agenti e Mediatori (OAM), becoming the latest investment platform to “join the registry of crypto-asset providers in Italy.” This demonstrates eToro’s commitment “to working hand in hand with regulatory authorities… Read More

July 29, 2022 @ 8:05 am By Omar Faridi  |  

Paysend, the UK-headquartered Fintech with more than 7 million customers, announced a partnership with Damane Cash, a payments institution and subsidiary of Bank of Africa, to “enable money transfers to Morocco.” With features like low fixed fees, upfront exchange rates, faster transfer speeds and the… Read More

July 28, 2022 @ 10:08 pm By Omar Faridi  |  

Fairown, a green Fintech company, announces the launch of its platform in Poland, “marking the expansion into Central Europe.” The company that enables the circular economy by helping banks, brands, and retailers offer products as a service is “bringing its offer to the Polish market… Read More

July 27, 2022 @ 10:17 pm By Omar Faridi  |  

BBVA has implemented a comprehensive cloud-based solution that “simplifies the process of sending and validating information, providing carbon footprint indicators and emission reduction tracking figures.” It is a platform that will “enable active, data-driven management of its sustainability policies.” Sustainability is one of the transforming… Read More

July 27, 2022 @ 10:47 am By Omar Faridi  |  

As from today, all Austrian and Spanish government debt securities cleared by LCH SA’s RepoClear service are “available for settlement through Clearstream Banking AG.” The two new markets “complement the existing proposition for Belgian, French and German government debt.” RepoClear clearing members can now “choose… Read More

July 27, 2022 @ 8:16 am By Omar Faridi  |  

Klarna Kosma, which is Klarna‘s financial technology platform for banking institutions, Fintech firms and retailers, announced its working relationship with Airbank, a digital financial management platform for companies. Klarna Kosma’s Open Banking platform offers Airbank with access to the largest international network of banks, considerably… Read More

July 26, 2022 @ 11:07 pm By Omar Faridi  |  

GBST has extended its technology partnership with Novia Financial, its “longest-standing” UK client. Following a contract renewal, GBST will “continue to provide Novia’s core technology system via its award-winning Composer platform.” The agreement “extends the long-term relationship, which began in 2008 when Novia first launched… Read More

July 26, 2022 @ 10:35 pm By Omar Faridi  |  

UK-based banking institution Barclays has reportedly taken a stake in Copper via the cryptocurrency custody company’s recent funding round and has invested substantially even though there’s less enthusiasm for volatile crypto-assets. This, according to an update from Sky News. Established back in 2018, Copper offers… Read More

July 26, 2022 @ 5:40 pm By Omar Faridi  |  

Nationwide has invested in a rent-to-own start-up “helping first-time buyers unable to access typical mortgages get a home by saving a slice of their rent to build the deposit.” The investment in Kettel Homes forms “part of Britain’s biggest building society’s efforts to help its… Read More

July 26, 2022 @ 9:51 am By Omar Faridi  |  

Europe’s provider of credit information, CRIF, has reportedly expanded its Open Banking-enabled consumer credit solution to the United Kingdom, assisting more consumers with  accessing affordable, “responsible” credit during the ongoing economic crisis. CRIF’s credit scoring service, which is currently available to UK-based banking institutions and… Read More

July 26, 2022 @ 8:37 am By Omar Faridi  |  

London-headquartered social and community-focused investing app Shares is looking to expand operations in European markets and also move into crypto after securing $40 million via a Series B round that was led by Valar Ventures. The investment round, which brings Shares’ total funding to $90… Read More

July 26, 2022 @ 7:55 am By Omar Faridi  |  

Investment platform Further recently announced a partnership with digital identity service provider Yoti, which should improve the customer onboarding experience, making it quicker and more seamless for clients to invest in their preferred funds. Under the Financial Conduct Authority (FCA) rules, Further must offer appropriate… Read More

July 26, 2022 @ 7:53 am By Omar Faridi  |  

Barcelona-headquartered community Fintech 11Onze has partnered with insurance firm Tuio, in order to provide a unique market proposal – 11Onze Segurs. It’s a technology-driven, agile, transparent, affordable home insurance service for members. The home insurance policy is around 15-20% cheaper when compared to the average… Read More

July 25, 2022 @ 9:20 pm By Omar Faridi  |  

Adyen (AMS: ADYEN), the global financial technology platform of “choice” for leading businesses, and Etsy, which operates two-sided online marketplaces that connect millions of passionate and creative buyers and sellers around the world, announced that Adyen has “enabled ten million Etsy buyer donations to the… Read More

July 25, 2022 @ 8:18 am By Omar Faridi  |  

FNZ, the global wealth management platform, has acquired New Access, a specialized private banking technology firm “primarily active in the markets of Switzerland, Liechtenstein and Luxembourg.” These markets are key to “serving and administering client wealth globally and will support FNZ in delivering on its… Read More

July 24, 2022 @ 10:41 pm By Omar Faridi  |  

Crypto.com, which claims to be one of the world’s “fastest -growing” cryptocurrency platforms, recently announced that it has received registration and regulatory approval from the Organismo Agenti e Mediatori (OAM) in Italy as “a provider of virtual currency and digital wallet services.” This approval will… Read More

July 24, 2022 @ 7:50 pm By Omar Faridi  |  

Vantage, the multi-asset trading platform for retail and professional traders, announced the launch of its social trading product, V Social. V Social is a professional ‘social network’ that “allows traders to auto-copy signals, execute trades, chat and analyze performance.” Beginner traders have the opportunity “to… Read More

July 24, 2022 @ 7:42 pm By Omar Faridi  |  

IQM Quantum Computers, which claims to be the European leader in building superconducting quantum computers, announced that it has raised €128 million ($128m) in Series A2 funding led by World Fund to “expand its international business and accelerate product development to tackle the world’s most… Read More