Tagged: europe

May 20, 2022 @ 4:58 pm By Omar Faridi  |  

Temenos (SIX: TEMN), the Cloud banking platform, recently announced that Mirabaud, the Swiss private bank, has selected Temenos “to move from a traditional on-premise system to a digital end-to-end wealth management platform on Temenos Banking Cloud.” With the generational transfer of wealth, new regulations and… Read More

May 20, 2022 @ 2:58 pm By Omar Faridi  |  

Fraugster, an AI payment intelligence company, has announced the launch of their latest product, Alternative Credit Decisions, which allows Buy Now Pay Later (BNPL) and Enterprise merchants “to approve more customers without increasing credit risk.” There is a pressing need for a new approach because… Read More

May 20, 2022 @ 9:20 am By Omar Faridi  |  

London Stock Exchange Group (LSEG) recently announced that it has signed an agreement to acquire MayStreet, a market data solutions provider. Founded in 2012, MayStreet provides “high-quality” global low latency technology and market data to more than 65 industry participants, “including banks, asset managers and… Read More

May 20, 2022 @ 8:28 am By Omar Faridi  |  

Modulr, an embedded payments platform for digital businesses, recently announced that it has raised $108m (£83m) in Series C funding that was led by General Atlantic, a global growth equity firm. The investment round also “included significant participation from existing investors including Blenheim Chalcot, Frog… Read More

May 20, 2022 @ 8:26 am By Omar Faridi  |  

Thought Machine, the Cloud native banking tech firm, recently announced it has closed its series D funding round, led by Temasek, the global investment company headquartered in Singapore, “with participation from Intesa Sanpaolo and Morgan Stanley.” Existing investors following-on in this investment round reportedly include:… Read More

May 20, 2022 @ 2:07 am By JD Alois  |  

The European Securities and Markets Authority (ESMA) has posted a statement encouraging crowdfunding providers to speed things up in migrating to the new pan-European rules. At the end of 2021, the European Union approved a new regulatory regime that enables issuers to raise capital online… Read More

May 19, 2022 @ 11:07 pm By Omar Faridi  |  

Ripple, which claims to be the “leader” in enterprise blockchain and crypto solutions, announced a partnership with FINCI, the Lithuanian online international money transfer provider, “to deliver instant and cost-effective retail remittances and business to business (B2B) payments via RippleNet’s On-Demand Liquidity (ODL), which leverages… Read More

May 19, 2022 @ 12:54 am By Omar Faridi  |  

HPD Lendscape, a secured finance technology vendor, recently announced that Rabobank, the second-largest bank in the Netherlands, has “welcomed their first clients to the secured lending solution Lendscape.” HPD Lendscape’s secured lending technology will “help Rabobank streamline its lending processes and support customers while allowing… Read More

May 18, 2022 @ 10:17 am By Omar Faridi  |  

Elwood Technologies, a platform providing “institutional-grade” access to digital asset markets and liquidity venues, recently announced it has “closed a $70 million Series A funding round.” The round was co-led by Europe‘s largest B2B investor Dawn Capital and global investment bank, Goldman Sachs. There was… Read More

May 18, 2022 @ 7:51 am By Omar Faridi  |  

Zumo, the Edinburgh-based crypto wallet and payments platform, recently appointed Jonathan Sepulchre to serve as Head of Growth, a newly-created function “to drive the next stage of the company’s development.” An experienced “growth leader” with a comprehensive background in digital marketing, Jonathan will work closely… Read More

May 18, 2022 @ 7:48 am By Omar Faridi  |  

Fenergo, the provider of digital solutions for Know Your Customer (KYC) and client lifecycle management (CLM), recently announced the launch of FinCrime Risk. This application programming interface (API)-first software as a service (SaaS) solution will “allow financial institutions to centralize and automate risk assessment processes… Read More

May 18, 2022 @ 7:45 am By Omar Faridi  |  

Venture capital funding into Irish tech companies increased by 52% to €379.7 million in the first quarter of 2022, when compared to €249.4 million in same period last year, according to the Irish Venture Capital Association VenturePulse survey published recently in association with William Fry…. Read More

May 18, 2022 @ 3:18 am By Omar Faridi  |  

Nahmii AS are pleased to confirm that they have been chosen to work with Norges Bank (the central bank of Norway) on their upcoming experimental CBDC (central bank digital currency) sandbox project. This “prestigious” award confirms Nahmii AS’s position as “a global leader in the… Read More

May 18, 2022 @ 2:04 am By Omar Faridi  |  

Mindtree (NSE: MINDTREE), a global tech services and digital transformation company, and Finastra, a financial technology provider, has announced a partnership to bring Finastra’s Fusion Payments To Go payments technology “to banks in the Nordics, the UK and Ireland, as a managed service.” As part… Read More

May 18, 2022 @ 1:38 am By Omar Faridi  |  

Banking Circle, the Payments Bank for the “new economy,” is reporting a “significant” uplift in its performance in 2021 as it continues “to help Payments businesses, Banks and Marketplaces access global cross-border payments, accounts and liquidity management that enables their business customers to transact more… Read More

May 18, 2022 @ 1:07 am By Omar Faridi  |  

Cryptix, the Fintech Web 3.0 venture builder, recently announced that it has received regulatory approval to launch Equito – which is described as “a fully regulated, all-in-one investor platform designed to unlock new financing channels for European start-ups and SMEs (small to medium sized enterprises).”… Read More

May 17, 2022 @ 11:23 pm By Omar Faridi  |  

Tide, the United Kingdom’s business financial platform and Sage, a key player in accounting, financial, HR and payroll technology for small and mid-sized businesses, has announced the “launch of a complete end-to-end accounting and tax solution for small businesses.” In an effort to simplify business… Read More

May 17, 2022 @ 10:32 pm By Omar Faridi  |  

  Starling Bank has launched a campaign that “celebrates” women’s football as part of its national support of the UEFA Women’s EURO 2022 tournament. The ‘Our Time’ campaign highlights the glass ceilings that continue “to be broken for the women’s game, while nodding to Starling’s… Read More

May 17, 2022 @ 10:28 pm By Omar Faridi  |  

Griffin, a UK Banking-as-a-Service (BaaS) Fintech, recently announced the completion of a key step in its application for a banking license. Griffin has submitted its application to the Prudential Regulation Authority (PRA) and the Financial Conduct Authority (FCA). John Weguelin, Griffin Chair, stated: “This is… Read More

May 17, 2022 @ 1:59 pm By Omar Faridi  |  

ABN AMRO’s (AMS: ABN) investment clients are now able to see what impact they have made with their investments. The impact was already stated in the quarterly updates clients received, “but is now also visible in internet banking and via app.” As noted in a… Read More