Tagged: europe

May 7, 2022 @ 1:35 pm By Omar Faridi  |  

NatWest Group has entered agreements with three payment providers – TrueLayer, GoCardless and Crezco – in order to offer Variable Recurring Payments (VRP) as “a new and convenient payment option for businesses and consumers.” This “industry first” means that NatWest Group will be the first… Read More

May 7, 2022 @ 1:32 pm By Omar Faridi  |  

Synpulse, the international management consultancy to global financial service providers, is pleased to confirm its partnership with Fintech incubator F10. Synpulse will reportedly be investing  the equivalent of 1% of its yearly revenue into the startup accelerator F10, as part of the investment round in… Read More

May 6, 2022 @ 5:46 pm By Omar Faridi  |  

LexisNexis Risk Solutions, part of RELX, has announced the acquisition of BehavioSec, “an advanced behavioral biometrics technology provider.” Founded in Sweden in 2008 with a presence in the U.S., Canada and EMEA, BehavioSec provides “a highly predictive behavioral biometrics solution that uses behavior analysis for… Read More

May 6, 2022 @ 8:09 am By Omar Faridi  |  

The small business lending market has has reportedly returned to pre-pandemic levels of activity. This, according to nearly a third of brokers (30%) surveyed in iwoca’s latest SME Expert Index. And nearly another third (31%) believe the market will “return within 6 months, based on… Read More

May 5, 2022 @ 11:45 pm By Omar Faridi  |  

Transact365, a UK-headquartered global payments platform powering merchants in emerging markets, has appointed David Lambert as its new Chief Executive Officer. An original co-founder and former Commercial Director at Transact365, Lambert will be responsible for overseeing the Fintech firm’s expanding merchant client base and card… Read More

May 5, 2022 @ 10:43 pm By Omar Faridi  |  

Metro Bank is reportedly one of the signatory companies “pledging support for the National Literacy Trust’s Vision for Literacy Business Pledge.” Poor adult literacy skills mean that one in seven adults in England “have the reading skills of a nine to eleven year old.” Poor… Read More

May 5, 2022 @ 5:37 pm By Omar Faridi  |  

Amadis, a payment software and consulting provider, has announced a partnership agreement with Softpay.io in order to offer its Universal EMV Level 2 Framework & pre-certified Kernels “for integration into Softpay’s new Tap-to-Pay service.” Softpay’s Tap-to-Pay service can be “downloaded into any Android device and… Read More

May 5, 2022 @ 7:53 am By Omar Faridi  |  

Scalapay, a European Buy Now – Pay Later provider, has announced a $27 million investment from Poste Italiane, which is Italy’s largest service infrastructure network and claims to be one of the largest payment card issuers in Europe, in a Series B extension. Scalapay is… Read More

May 5, 2022 @ 7:52 am By Omar Faridi  |  

Citi (NYSE: C) has announced the launch of Single Euro Payments Area (SEPA) Instant Payments in Europe, “further increasing the bank’s global Instant Payments offering.” The launch will provide clients with the ability “to pay to and receive from 36 SEPA countries instantly.” The offering… Read More

May 4, 2022 @ 8:27 am By Omar Faridi  |  

Kevin., a Lithuania -headquartered account-to-account payments Fintech, has acquired $65 million via a Series A round that has been led by Accel. Eurazeo, OTB Ventures, Speedinvest, OpenOcean, Global Paytech Ventures, and a host of angels joined the company’s latest investment round, which has come only… Read More

May 4, 2022 @ 8:25 am By Omar Faridi  |  

Atom Bank is reportedly expanding Portal, which is their next-gen broker gateway- in order to include their Quick Quote tool. As noted in the update, this addition will enable brokers providing secured business loans to self-assess and create an indicative quote within the portal before… Read More

May 4, 2022 @ 8:22 am By Omar Faridi  |  

Leumi ABL, the Asset-Based Lending (ABL) subsidiary of Bank Leumi UK, has introduced a new operating platform on HPD Lendscape’s secured lending tech, in order to transform their invoice discounting and asset-based lending business in the United Kingdom. Lendscape was chosen to support the initiative,… Read More

May 3, 2022 @ 7:07 pm By JD Alois  |  

PayPal (NASDAQ:PYPL) is at least one of the firms that called up the European Commission to complain about Apple (NASDAQ:AAPL) and its Apple Pay offering pushing the competition ministry to pursue possible anti-trust violations, according to a report in Bloomberg. This is not the first… Read More

May 3, 2022 @ 10:12 am By Omar Faridi  |  

Ukraine and Russia lead the list of countries “with higher crypto adoption rates, with 12.73% and nearly 12%, respectively,” according to an update from DappRadar. DeFi transactions in Q1 hit the lowest levels since February 2021, “while the 116 million NFT transactions across all blockchains… Read More

May 3, 2022 @ 8:32 am By Omar Faridi  |  

The team at Lending Works recently shared their Q1 2022 performance update on their stats page, and they also released their Outcome Statement for 2021. During Q1 2022, Lending Works claims that it focused on “understanding the impact of cost-of-living challenges on [their] active loan… Read More

May 3, 2022 @ 2:27 am By Omar Faridi  |  

PeerBerry business partners are reportedly repaying an additional €0.7 million on war-affected Ukrainian and Russian short-term loans. After today’s repayment, the total amount of repaid war-affected loans in April “will be €3.64 million (significantly more than the planned amount of EUR 1,3 million at the… Read More

May 3, 2022 @ 1:47 am By Omar Faridi  |  

Banking Circle, the “tech-first” Payments Bank focused on enabling “fast” and “low-cost” payments, has expanded its payment provision for Poland “with the addition of local Polish Virtual IBAN accounts for collections.” This means PSPs supporting businesses serving the Polish market can now “provide unlimited Virtual… Read More

May 3, 2022 @ 1:07 am By Omar Faridi  |  

As the EstateGuru team claims to have predicted, the total funded amount in March was “similar to February.” EstateGuru‘s management writes in a blog post that investors “financed €16.7M worth of loans and, despite macroeconomic changes, investor and borrower behavior remains stable.” During March, Estonia… Read More

May 2, 2022 @ 3:32 pm By Omar Faridi  |  

Symphony – which claims to be the “leading” markets’ infrastructure and technology platform – revealed financial firms will now be able “to embed its technology in other platforms in order to successfully complete their workflows without context switching or adding friction.” The firm introduced its… Read More

May 2, 2022 @ 2:38 pm By Omar Faridi  |  

Blend Network CEO Yann Murciano has discussed the challenges of building a property “power team.” Yann recently focused on the “all-important” challenge of simplifying and streamlining “overly time-consuming processes and operations.” When speaking with property developers, one of the “most common” complaints that Blend Network… Read More