Tagged: europe

June 4, 2022 @ 7:52 pm By Omar Faridi  |  

Trade Republic, which claims to be Europe’s largest savings platform, announces a €250M Series C extension. The investment round is led by Ontario Teachers’, which is one of the world’s largest pension funds and institutional investors, “along with the participation of existing investors.” The extension… Read More

June 4, 2022 @ 7:04 pm By Omar Faridi  |  

Norwegian financial services provider Bulder Bank has officially introduced new enriched data transaction services for their retail banking clients. Powered by Snowdrop’s Merchant Reconciliation System API, the new service transforms previously messy payment data and instead “returns enhanced and intuitive information that displays the clean… Read More

June 3, 2022 @ 7:51 am By Omar Faridi  |  

BUX, one of Europe’s “fastest growing” neobrokers, has appointed Niek van Rens as its new Chief Operating Officer. An ex-ABN AMRO Clearing executive, Van Rens brings with him “the knowledge and expertise to strengthen operations and achieve further growth across Europe.” Van Rens “has over… Read More

June 3, 2022 @ 7:45 am By Omar Faridi  |  

Fireblocks, the provider of digital asset and crypto technology, announced that they have been certified by the International Organization for Standards (ISO) “in the categories of security (ISO 27001), cloud (ISO 27017) and privacy (ISO 27018).” Based in Geneva, Switzerland, the International Organization for Standardization… Read More

June 2, 2022 @ 11:01 pm By Omar Faridi  |  

Fidelity International has teamed up with Canadian Fintech company, Conquest, as the “exclusive” distributor of its financial planning software, ‘Conquest Planning’ to the UK independent advice market. ‘Conquest Planning’ uses data and AI “to provide advisers with greater insight into clients’ changing circumstances, allowing them… Read More

June 2, 2022 @ 10:31 am By Omar Faridi  |  

TrueLayer, which claims to be Europe’s “leading” open banking platform, and Thunes, a Singapore-based fintech company and a “leader” in global cross-border payments, recently announced their partnership “to streamline and improve the payment experience of consumers in the UK and Europe.” Thunes is building “a… Read More

June 2, 2022 @ 6:46 am By Omar Faridi  |  

Nexi S.p.A. reveals that it has committed to a long-term strategic partnership with BPER Banca S.p.A. and Banco di Sardegna S.p.A. by transferring BPER and Banco di Sardegna’s merchant acquiring and POS management businesses to Nexi Payments S.p.A. As noted in the update, Nexi intends… Read More

June 2, 2022 @ 1:10 am By Omar Faridi  |  

Trustly, the international payments platform for digital Account-to-Account transactions (A2A), has announced the acquisition of the UK-headquartered Open Banking Payments platform Ecospend. Ecospend’s UK A2A product and full bank connectivity will complement and “enable Trustly to deliver a … product in the UK, and further… Read More

June 1, 2022 @ 10:00 pm By Omar Faridi  |  

We recently connected with Craig Blitz, Chief Product Officer at Digital Asset, which is building the platform, developer tools, and leveraging the best modern infrastructure providers “to change how businesses interact.” Digital Asset (the company) is the creator of the Daml multi-party application platform. Our… Read More

June 1, 2022 @ 3:57 pm By Omar Faridi  |  

Pagaya, a global, data-driven financial technology company reshaping the future of finance, has announced Ashok Vaswani as its President. This additional key hire “is a pivotal next step to continue the company’s recent growth and expected ascent to becoming a publicly traded company in June.”… Read More

June 1, 2022 @ 3:54 pm By Omar Faridi  |  

Koen Köppen has reportedly joined Mollie as their new chief technology officer (CTO) to support their expansion into “world-class” financial services. Koen joins after “spending more than a decade at Klarna, where he held several leadership positions before being named the Swedish fintech’s CTO almost… Read More

June 1, 2022 @ 7:46 am By Omar Faridi  |  

The United Kingdom’s cost of living crisis is leading to a considerable increase in consumers checking their credit score. This, according to a recent update from Lloyds Bank. Elyn Corfield, Managing Director Consumer Finance at Lloyds Bank said: “Almost 1 million people checked their credit… Read More

June 1, 2022 @ 7:37 am By Omar Faridi  |  

Newly authorized mobile-only UK bank Kroo has acquired £26 million in capital in order to grow its professional team and further expand its product offerings. Kroo‘s current product range incudes a prepaid debit card and app, which enables clients to quickly create groups with friends,… Read More

June 1, 2022 @ 7:35 am By Omar Faridi  |  

Debite, the “dynamic” financing platform for early-stage companies, has announced its UK launch with a mission “to help businesses more effectively manage their cashflow and maximize their growth potential.” Tackling one of the primary reasons why most start-ups fail, Debite’s Buy Now Pay Later model… Read More

June 1, 2022 @ 1:02 am By Omar Faridi  |  

Money20/20 Europe will see the “convergence of complementary financial services” applications in the Banking Circle ecosystem. A technology-agnostic platform underpinned by an account infrastructure from which a range of financial services can be delivered, the Banking Circle ecosystem will “enable financial institutions to accelerate the… Read More

May 31, 2022 @ 11:00 pm By Omar Faridi  |  

Sustainable finance service provider ecolytiq has reportedly finalized a €13.5 million financing round that was led by Visa (NYSE: V) along with other blue chip investors. Consulting company PwC Germany also took part in the investment round via a fund that’s managed by Segenia Capital,… Read More

May 31, 2022 @ 3:14 pm By Omar Faridi  |  

NatWest has introduced an API that allows commercial clients to embed Confirmation of Payee into their own systems and processes. Confirmation of Payee was launched across the United Kingdom’s banking sector in June 2020 in order to combat scammers and safeguard against user errors. The… Read More

May 31, 2022 @ 3:13 pm By Omar Faridi  |  

  Mondu is pleased to announce an important milestone in their company’s history: their $43 million Series A round. Since being founded in August 2021, they’ve been focused on “delivering a highly attractive product, growing [their] merchant base and the number of businesses [they] serve,… Read More

May 31, 2022 @ 9:28 am By Omar Faridi  |  

Since the beginning of 2022, more than 3,000 investors have reportedly joined Robo.cash. For the first quarter, investors’ earnings amounted to a record number and the platform reached a new milestone in financed loans. On average, about 600 people a month have been “registered on… Read More

May 31, 2022 @ 8:05 am By Omar Faridi  |  

CaixaBank has established OpenWealth, which is a new, “independent” and global advisory service for the bank’s UHNW clients. As a subsidiary fully-owned by the CaixaBank Group, Open Wealth will “provide this service to customers with assets amounting to over €50 million.” OpenWealth will “provide a… Read More