Tagged: europe

May 11, 2022 @ 9:35 pm By Omar Faridi  |  

FIA Tech, the futures industry’s technology provider, recently announced that it has established a new client services and operations center based in Tampa, Florida. FIA Tech’s customer services team is the main interface for FIA Tech’s international client base and is tasked with the onboarding… Read More

May 11, 2022 @ 11:15 am By Omar Faridi  |  

Paddle, the provider of a complete payments infrastructure for SaaS firms, recently announced that it has raised $200 million in Series D equity and debt financing “at a valuation of $1.4bn, making it the UK’s latest unicorn.” Led by KKR, an international investment firm, with… Read More

May 11, 2022 @ 7:55 am By Omar Faridi  |  

Tumelo, a UK-based firm that aims to help investment platforms and pension providers give investors key insights into which companies their money is being put into, and a voice on issues like board diversity and climate change, has acquired $19 million in capital. The Series… Read More

May 10, 2022 @ 11:16 pm By Omar Faridi  |  

Carbonplace, the new carbon credit settlement platform jointly developed by some of the  largest financial institutions, recently announced the successful pilot “transfer of carbon credits through its system” in collaboration with global payments technology company Visa. The transaction, which involved Visa purchasing Verra-certified credits from… Read More

May 10, 2022 @ 11:14 pm By Omar Faridi  |  

HCL Technologies UK Limited, a wholly owned subsidiary of HCL Technologies, an international tech firm, has entered an agreement for the acquisition of Confinale AG, a Switzerland-headquartered virtual banking and wealth management consulting specialist and Avaloq Premium Implementation Partner. Via this key acquisition, HCL will… Read More

May 10, 2022 @ 2:42 pm By Omar Faridi  |  

COMO, an international automated paytech, has chosen SAP Fioneer’s Cloud for Banking (C4B) application. This partnership will “allow COMO’s customers immediate access to rich core banking functionality, while enabling real-time payment transactions and reducing costs by up to 60% for corporates.” The C4B system and… Read More

May 10, 2022 @ 1:44 pm By Omar Faridi  |  

Global information and insights provider TransUnion has reportedly appointed Amanda Rendle to its UK board as a non-executive director. Rendle brings considerable experience in marketing and communications spanning four decades, with extensive expertise in financial services. Rendle has previously led an established customer engagement program… Read More

May 10, 2022 @ 8:16 am By Omar Faridi  |  

Residently, which is focused on “building the brand” for the world’s $2 trillion long term home rental market, has acquired 161% (£2,015,460) of its £1,250,000 target from 481 investors through its crowdfunding campaign carried out via Seedrs (at the time of writing). Located in London,… Read More

May 10, 2022 @ 8:12 am By Omar Faridi  |  

Legaltech company PocketLaw recently confirmed that it has finalized a €10 million Series A round that was led by European venture capital firm, Atomico. Targeting legal services for small and medium-sized firms, PocketLaw’s (software-as-a-service) SaaS platform provides contract creation, legal discovery, execution, storage, and various… Read More

May 10, 2022 @ 12:40 am By Omar Faridi  |  

PeerBerry’s business partner – real estate developer SIB Group – successfully “closed the residential building project ‘Talino’” in Vilnius, the capital of Lithuania. The real estate loan of €1 million, plus an interest rate of €74,490 (total amount of EUR 1 074 490) was reportedly… Read More

May 9, 2022 @ 2:49 pm By Omar Faridi  |  

Flagstone, the United Kingdom’s Cash Deposit Platform, has announced the addition of two non-executive directors to its Board of Directors. The additions, designed to increase the depth of experience on the board, also “reflect the company’s commitment to ensure diversity of thought is encouraged across… Read More

May 9, 2022 @ 10:33 am By Omar Faridi  |  

Fintech startup FQX, which is known for its eNote, a blockchain-powered debt instrument, has appointed James H. Freis, Jr. as the firm’s new Regulatory Technology Officer. Freis draws upon his experience “from the public and private sectors in Europe, the United States, and globally, to… Read More

May 9, 2022 @ 9:23 am By Omar Faridi  |  

Worldline [Euronext: WLN], an international leader in payment services, and Algoan, a credit scoring provider, have announced a collaboration agreement “to jointly develop a next-level credit assessment solution to help lenders and services providers make better credit decisions.” This service is based on APIs &… Read More

May 9, 2022 @ 8:12 am By Omar Faridi  |  

Build to Rent (BTR) developments are “exactly” as they sound: purpose-built residential units designed “to be rented out rather than sold,” the CrowdProperty team notes. In most cases, these schemes usually “offer longer tenancy terms and are managed by the owner or operator of the… Read More

May 9, 2022 @ 8:07 am By Omar Faridi  |  

The Lithuania-headquartered remote ID verification and fraud prevention firm, iDenfy, teams up with Credex, the automated lending platform for point of sales financing. As noted in the update, iDenfy’s full-stack ID verification should enable a fast and secure lending experience for Credex’s clients. The COVID-19… Read More

May 8, 2022 @ 11:31 pm By Omar Faridi  |  

Czech company DoDo Group, “specialists” in last-mile B2B logistics tech, recently announced a €60 million Series B round led by EC Investments and J&T Capital. The funds will be used “to further develop DoDo’s data-driven logistics platform and drive the group’s expansion into Western and… Read More

May 8, 2022 @ 6:04 pm By Omar Faridi  |  

Moved by the “plight” of Ukrainian refugees and “inspired” by the efforts of colleagues in Poland, VikingCloud, (previously dba Sysnet), a provider of cybersecurity and compliance solutions, has “joined forces with UNHCR, the UN Refugee Agency.” VikingCloud has pledged “to match donations made via the… Read More

May 8, 2022 @ 4:46 pm By Omar Faridi  |  

The Luxembourg Stock Exchange (LuxSE) and the United Nations Entity for Gender Equality and the Empowerment of Women (UN Women) have signed a Memorandum of Understanding (MoU) in order “to strengthen their cooperation and promote joint initiatives to advance financing for gender equality and women’s… Read More

May 8, 2022 @ 12:02 pm By Omar Faridi  |  

Lendermarket, which claims to be one of Europe’s fastest growing P2P investment platforms, recently announced that it is becoming “a multi-lender platform after signing an agreement with Credory, an Estonian SME-financing company.” The partnership “enables Lendermarket to appeal to investors looking for lower-risk loans and… Read More

May 8, 2022 @ 12:00 pm By Omar Faridi  |  

Payer recently announced that Dominik Belloin, one of its board members, has been appointed as the new Chairman of the Board. Dominik Belloin “succeeds Annika Javestad, who served in the role during the development phase.” The appointment now “awaits the approval of the FSA.” Payer… Read More