Tagged: europe

April 10, 2022 @ 10:42 pm By Omar Faridi  |  

imagin, the digital services and lifestyle platform backed by CaixaBank, will be entering the Metaverse in the coming days “by way of imaginLAND.” The project will “enable the platform to launch and run initiatives in the virtual reality universe and will be available to its… Read More

April 9, 2022 @ 8:38 pm By Omar Faridi  |  

An aggressive recruitment market may hinder startups operating in Scotland’s fast-growing Fintech industry, according to Fintech sector professionals (from Origo). Supported by a £300 million UK Government investment this past August, Edinburgh’s Fintech sector consists of various financial services innovators, however, newcomers seeking out new… Read More

April 9, 2022 @ 6:37 pm By Omar Faridi  |  

Dublin-headquartered VC firm Delta Partners has confirmed the introduction of its new venture capital fund which will reportedly invest into various seed and early-stage tech  companies across Ireland. The new fund has reached an initial close with Bank of Ireland and Enterprise Ireland as key… Read More

April 9, 2022 @ 5:00 pm By Omar Faridi  |  

Fintech firm RITMO has finalized a $200 million debt funding round, which was led by i80 Group and Avellinia Capital, making it one of the largest rounds of any digital commerce finance business in Europe and Latin America. The debt financing was reportedly offered by… Read More

April 9, 2022 @ 11:25 am By Omar Faridi  |  

  Web3 connectivity startup GIANT Protocol, and Tango, the consumer brand of Proximus Luxembourg, recently announced a partnership “to bring blockchain benefits to customers worldwide.” Suruchi Gupta, founder and CEO of GIANT Protocol, which aims to decentralize and democratize access to internet and financial services… Read More

April 8, 2022 @ 8:05 am By Omar Faridi  |  

Beginning on Wednesday (April 6, 2022), it will be possible for refugees who arrive in the Netherlands from Ukraine to “open a current account” with ABN AMRO (AMS: ABN) or another bank. Dutch organizations that offer current accounts are prepared “to handle large numbers of… Read More

April 7, 2022 @ 10:27 am By Omar Faridi  |  

Kassio, a “crypto-for-everyone” platform that allows users to buy, sell, borrow, earn and utilize cryptos, has raised funds worth $1.6 million via its pre-seed round. Kassio has acquired the capital from two major European investment funds, and Aalto Capital, which has led the investment round…. Read More

April 6, 2022 @ 10:34 pm By Omar Faridi  |  

Fintech firm Gaviti helps companies recoup outstanding receivables via their automated platform. Last year, their customers recovered $6.2 billion in A/R Receivables “by streamlining an otherwise tedious process,” according to Yan Lazarev, Co-founder & CEO of Gaviti. Gaviti, an automation system developed to assist firms… Read More

April 6, 2022 @ 3:19 pm By Omar Faridi  |  

Eventus Systems, Inc., an international provider of multi-asset class trade surveillance and market risk solutions, has announced that Nick Wallis has just joined as MD for the Europe, EMEA region – “leading the fast-growing company’s sales efforts in the region.” Wallis has extensive experience “in… Read More

April 6, 2022 @ 8:44 am By Omar Faridi  |  

Lemon.markets, a Berlin-headquartered Fintech firm that helps companies embed trading services through APIs, has secured €15 million via a seed funding round that was co-led by Lakestar and Lightspeed. Creandum and System.one took part in the investment round, along with contributions from angels (like N26… Read More

April 6, 2022 @ 8:39 am By Omar Faridi  |  

London Stock Exchange Group (LSEG) announced that it has agreed to acquire Global Data Consortium Inc (GDC), an international provider of “high-quality” identity verification data “to support clients with Know Your Customer (KYC) requirements.” Established back in 2012, GDC specializes in “delivering high-speed electronic digital… Read More

April 6, 2022 @ 8:11 am By Omar Faridi  |  

Alpian SA, an innovative digital private bank, has announced the granting by FINMA of a banking license and “a successful CHF19 million Series B+ closing, enabling Alpian to shortly launch to the public in Q3 2022, becoming Switzerland’s first digital private bank.” Alpian, majority-owned by… Read More

April 5, 2022 @ 11:57 pm By Omar Faridi  |  

Rewire, which claims to be the first digital financial services platform for migrant workers, has entered a partnership agreement with value SIM provider Lebara. The collaboration should give Rewire access to Lebara’s UK client base, the opportunity to fast-track its growth in the United Kingdom… Read More

April 5, 2022 @ 4:09 pm By Omar Faridi  |  

The Sandbox, a “decentralized” gaming metaverse and a subsidiary of Animoca Brands, and Ledger, the hardware and software security company in crypto and Web3, have partnered “to bring Ledger’s best-in-class security technology to The Sandbox’s global user base.” The partnership will “empower The Sandbox’s 2.2… Read More

April 5, 2022 @ 10:02 am By Omar Faridi  |  

  The Open Banking Implementation Entity (OBIE) is pleased to confirm the publication of the Open Banking Standard, version 3.1.3 – including updates to the Read/Write API Specification and Customer Experience Guidelines (CEGs). This is “a minor update to version 3.1.2 which was released in… Read More

April 5, 2022 @ 8:57 am By Omar Faridi  |  

The BBVA and Anthemis partnership led the first pre-seed funding for Wiserentr with an investment of €1 million. The Spanish startup raised “a total of €1.6 million in the funding round, in which Shard Capital also participated.” Its service “reinvents the way to access high-end… Read More

April 4, 2022 @ 2:27 pm By Omar Faridi  |  

European Fintech bunq notes that you probably never met someone who “doesn’t like savings.” More savings, more money. It all sounds pretty good, the team at bunq writes in a blog post. It only gets “a bit more complicated when it comes to what you’re… Read More

April 4, 2022 @ 10:42 am By Omar Faridi  |  

The team at PeerBerry notes that we have already seen and have already been there (when remembering all the panic during the first wave of Covid in March 2020). But on the other hand, “nothing compares with the current events,” the team at PeerBerry wrote… Read More

April 4, 2022 @ 10:19 am By Omar Faridi  |  

The team at Lithuania’s Debitum, a borderless financing platform, has shared omportant news about “war-affected assets” in Ukraine On March 30, 2022, Debitum had received “an official response letter and data from the borrower in Ukraine.” This data consists of the company’s “update on its… Read More

April 3, 2022 @ 11:28 pm By Omar Faridi  |  

Oceain Insights, a digital video interview platform that uses AI to offer Corporate Personality Assessments, has raised 78% (£156,617) of its £200,004 target from 27 investors (at the time of writing) via Seedrs with 24 days left in the firm’s crowdfunding campaign. Located in Haywards Heath,… Read More