Tagged: europe

May 30, 2022 @ 3:09 pm By Omar Faridi  |  

Sanjay from the People and Talent Team at MarketFinance notes that his primary role is Talent Acquisition Lead where he helps find the best people to build their vision of “frictionless finance” for small businesses. Equally important to him is his position as Chair of… Read More

May 30, 2022 @ 11:33 am By Omar Faridi  |  

TrueLayer, which claims to be Europe’s leading Open Banking platform, has announced a collaboration with digital bank Zopa, which has gone live with account-to-account payments for its Smart Saver savings account. Zopa’s Smart Saver was launched in February with a focus on “helping consumers at… Read More

May 30, 2022 @ 10:44 am By Omar Faridi  |  

Tred, a company that aims to build the United Kingdom’s “leading” green neo-banking platform, has secured 117% (£702,642) of its £600,000 target (at the time of writing) from 895 investors via its crowdfunding campaign carried out through Crowdcube. Certified by both B Corp & 1%… Read More

May 30, 2022 @ 8:16 am By Omar Faridi  |  

FanHub, a play-2-earn game bringing an “extremely engaged” community to Web3, has secured 86% (£215,845) of its £250,008 target from 140 investors (at the time of writing) via Seedrs with 24 days left in the firm’s crowdfunding campaign. Located in London, FanHub operates in the… Read More

May 29, 2022 @ 2:46 pm By Omar Faridi  |  

Strabo, which aims to offer wealth analytics “at your fingertips,” has acquired 110% (£193,573) of its £175,003 target (at the time of writing) from 163 investors through its crowdfunding campaign via Seedrs (with 17 days left in the campaign). Located in London, Strabo operates in… Read More

May 29, 2022 @ 2:31 pm By Omar Faridi  |  

The Competition and Markets Authority (CMA) has released the findings and recommendations of a review by Kirstin Baker, which is one of its independent non-executive Directors, “to identify lessons from Open Banking for the CMA’s approach to designing, implementing and monitoring remedies in its market… Read More

May 29, 2022 @ 2:28 pm By Omar Faridi  |  

The team at Mintos notes that they are pleased to confirm that the first Notes are now available on the platform. According to Mintos, here’s what you should know about the arrival of the new financial instruments on the platform. Key takeaways shared by Mintos:… Read More

May 28, 2022 @ 10:45 pm By Omar Faridi  |  

Even though Bondora‘s cash recoveries declined in April 2022, the number of recovered loans increased considerably. Across all countries, recovered missed payments “increased by 2.3% to 79,281.” This means they have “a new record for the most missed payments recovered.” In March, Bondora claims it… Read More

May 28, 2022 @ 9:26 pm By Omar Faridi  |  

European lender EstateGuru reports that €14,7M worth of loans were financed during April of 2022. New loans in Estonia “contributed nearly 50% of the volume, followed by Germany and Latvia.” During the past month, EstateGuru reports it has “seen a rise in investor activity and… Read More

May 28, 2022 @ 2:58 pm By Omar Faridi  |  

Capital provider Bloom Group S.A. has secured £300 million in capital via a round led by Credo Capital Partners and funds managed by Fortress Investment Group LLC (Fortress), making the company “the highest-funded revenue-based lending business in Europe.” It will drive the company’s ambition “to… Read More

May 28, 2022 @ 2:38 pm By JD Alois  |  

Seedrs, one of the largest securities crowdfunding platforms in the world, has launched a Dutch facing section of its website as it positions itself to benefit from pan-European investment crowdfunding rules. New rules were issued by the European Union in November of 2021. Currently, many… Read More

May 27, 2022 @ 10:16 am By Omar Faridi  |  

Scalapay, which claims to be one of Europe’s leading Buy Now – Pay Later providers, and Twig, the “next generation” of banking and Web3 green payment infrastructure, recently announced an “exclusive” partnership. This partnership will “allow customers to resell products they have purchased via Scalapay… Read More

May 27, 2022 @ 8:36 am By Omar Faridi  |  

Clearpay, a key player in Buy Now, Pay Later payments known as Afterpay outside the United Kingdom and Europe, has made its in-store payment functionality available to SMBs across the UK’s high streets. By providing installment payments in-store, Clearpay is supporting them to drive more… Read More

May 27, 2022 @ 8:28 am By Omar Faridi  |  

The APPG for Challenger Banks and Building Societies are pleased to confirm that Metro Bank is now the latest challenger bank to join them as an Associate Member. The APPG is a cross-party group of MPs and Peers that focuses on informing parliamentarians about challenger… Read More

May 26, 2022 @ 7:12 am By Omar Faridi  |  

  London-based Nickel Digital Asset Management (Nickel), a regulated crypto hedge fund manager, has “outperformed the S&P500 since January 2020, despite the initial strong performance of equities during the COVID period.” As noted in an update shared with CI, its Digital Asset Arbitrage Fund had… Read More

May 26, 2022 @ 3:07 am By Omar Faridi  |  

Zumo, the Edinburgh-based crypto wallet and payments platform, has announced the launch of Zumo Enterprise, its new B2B ‘Crypto-as-a-Service’ solution that “enables companies to offer crypto products and services to their customers.” The “first of its kind” in the UK, Zumo Enterprise is “the market’s… Read More

May 26, 2022 @ 2:26 am By Omar Faridi  |  

AssetTribe announces the launch of its digital platform, connecting investors “to a broad and diverse range of alternative assets, opening up this interesting and important asset class especially during these turbulent times of high inflation and uncertain stock markets.” AssetTribe is an investment community aiming… Read More

May 26, 2022 @ 1:24 am By Omar Faridi  |  

RELAI, the savings and investment app, has secured €2,159,470 in capital as part of its latest funding round. After a strong private phase, which saw €1.2m invested by the likes of Redalpine, “more than 850 investors have joined the table, contributing an additional €970,000, surpassing… Read More

May 25, 2022 @ 3:37 pm By Omar Faridi  |  

The World Economic Forum in Davos, Switzerland, the Taskforce on Nature-related Financial Disclosures (TNFD) recently unveiled three different initiatives in order to expand consultation with market/industry participants and various stakeholders on the design and development of the TNFD’s recommendations on nature-related risk and opportunity management…. Read More

May 25, 2022 @ 12:46 pm By Omar Faridi  |  

In a UK Credit Union “first,” Optimus Cards, the UK’s provider of white label card and banking solutions for traditional and new forms of currency, has introduces a flexible and “responsible” Credit Card product to Credit Unions at the Annual ABCUL conference. As mentioned in… Read More