Tagged: europe

April 20, 2022 @ 12:50 am By Omar Faridi  |  

If you’re an Indian exporter, then you may need to care about the European market, according to an update from Razorpay. The European Union is reportedly India’s second-largest destination for exports and is India’s third-largest trading partner, “accounting for €62.8 billion worth of trade in… Read More

April 19, 2022 @ 3:01 am By Omar Faridi  |  

PeerBerry’s business partner – real estate developer Lithome – successfully “closed the real estate project ‘Aurea Home’ in the center of Vilnius, the capital of Lithuania.” The real estate loan of EUR 1 million, “plus an interest rate of EUR 91 647 (total amount of… Read More

April 19, 2022 @ 2:25 am By Omar Faridi  |  

With mobile wallet transactions expected to surge to $708 billion in Europe by 2025, we may  need to simplify the payments process, according to VitraCash. The Fintech firm has launched a smart debit card & app that “selects the best card for every transaction.” With… Read More

April 19, 2022 @ 2:07 am By Omar Faridi  |  

At the end of February, Debitum had introduced Asset-Backed Securities and by doing so, they reportedly became the first platform in all of Europe that has “managed to offer this kind of financial instrument to the retail market.” Therefore, the Debitum team will represent their… Read More

April 19, 2022 @ 1:24 am By Omar Faridi  |  

SpaceBands, which creates software and wearable technology that aims “to make workplaces safer,” has acquired 61% (£153,078) of its £250,000 target from 58 investors (at the time of writing) with 26 days left in the firm’s crowdfunding campaign, carried out via Seedrs. Here are the business… Read More

April 18, 2022 @ 10:47 pm By Omar Faridi  |  

Gaming Fintech ZEBEDEE and mobile gaming studio Fumb Games recently announced the release of Bitcoin Miner, which is “an idle mobile game that pays players real Bitcoin for managing a simulated crypto mining business.” The game represents “an interesting fusion of gaming and Fintech, as… Read More

April 18, 2022 @ 7:52 am By Omar Faridi  |  

European lender Bondora notes that the collection and recovery efforts in March 2022 set new “record highs” for 2022. The cash collected increased by 61.6% from February 2022, “totaling €1,249,637.” And 77,471 missed payments “were recovered, which is the highest number in Bondora’s history:” The… Read More

April 18, 2022 @ 1:27 am By Omar Faridi  |  

Three years ahead of the 2025 deadline for completion, Banking Circle has reportedly  “adopted the ISO20022 messaging standard.” A single common format for all financial communications, ISO20022 “allows participants and systems in different markets to communicate in a consistent message format, using agreed terminology.” Laust… Read More

April 16, 2022 @ 10:28 am By Omar Faridi  |  

Beeks Group is pleased to confirm that they were chosen by Form3, the Cloud-native payments tech provider, in order to build “a secure, private network and provide hosting facilities for their payments technology platform.” Michael Mueller, Form3’s CEO, stated: “We’re delighted to have successfully implemented… Read More

April 15, 2022 @ 12:09 pm By Omar Faridi  |  

Tata Consultancy Services (TCS) (BSE: 532540, NSE: TCS) has reportedly been chosen as a key partner by the Financial Ombudsman Service in order to accelerate its digital transformation efforts. Operating within the United Kingdom‘s public services sector, the Ombudsman offers free and easy-to-use services that… Read More

April 14, 2022 @ 11:40 pm By Omar Faridi  |  

NatWest has announced a 3-year partnership with The University of Edinburgh Centre for Business, Climate Change and Sustainability. The £1.5 million partnership will aim to facilitate the delivery of a climate education program to 16,000 people across the NatWest Group by the end of 2024,… Read More

April 14, 2022 @ 7:09 pm By Omar Faridi  |  

Nexo, the regulated institution for digital assets, has launched the Nexo Card, a crypto-backed Mastercard card, “in select European markets.” For the launch, Nexo is partnering with Mastercard and DiPocket, giving its users “access to cryptocurrency-powered liquidity across 92M+ merchant sites worldwide.” The Nexo Card… Read More

April 14, 2022 @ 10:36 am By Omar Faridi  |  

Fasset, an international digital asset gateway, has announced its entrance into the European Union after it secured a cryptocurrency authorization. With the authorization, Fasset will strengthen its global operations “to serve the growing digital asset sector in the EU market and beyond.” Fasset previously “secured… Read More

April 14, 2022 @ 10:27 am By Omar Faridi  |  

London-based Clara, a legal OS offering an integrated set of self-service tools to help founders digitally form, manage and scale their startups, has announced that it has secured investment from The LegalTech Fund as the platform “emerges from its beta phase, taking its total seed… Read More

April 14, 2022 @ 7:38 am By Omar Faridi  |  

Upvest, the Berlin-based infrastructure Fintech, has expanded its management team and appointed Markus Maier as the new Chief Operating Officer. Maier has previously “worked at UBS and Deutsche Bank and brings more than 25 years of management experience in the securities services and derivatives business.”… Read More

April 13, 2022 @ 9:08 pm By Omar Faridi  |  

Payaut, an automated payment solution for online platforms and marketplaces, has announced it has closed an €8 million seed round “led by Gradient Ventures, Google’s AI-focused venture fund, with participation from existing investors LocalGlobal and Entrée Capital.” Payaut, which provides a range of financial solutions… Read More

April 13, 2022 @ 8:17 am By Omar Faridi  |  

Montonio, which claims to be the all-in-one platform for online merchants to accept payments, provide financing and handle the entire post-checkout experience from shipping to returns and refunds, has secured €11 million in a Series A funding round led by Index Ventures. The firm has… Read More

April 13, 2022 @ 7:37 am By Omar Faridi  |  

TrueLayer, which claims to be Europe’s leading Open Banking platform, has announced it has launched its “closed-loop” payment product in Ireland, France, Germany, Spain, Lithuania and the Netherlands. As noted in an update shared with CI, traditional payment methods “weren’t built to handle the speed… Read More

April 13, 2022 @ 6:44 am By Omar Faridi  |  

Plaid, the Open Finance data network and payments platform, has appointed Ripsy Bandourian as its first Head of Europe as it “continues to rapidly expand across the continent.” Based in Amsterdam, Ripsy will lead the business strategy and operations “for Plaid’s Europe arm as it… Read More

April 12, 2022 @ 4:09 pm By Omar Faridi  |  

A partnership has been formed between Visa Fintech Partner Connect program members ecolytiq and Snowdrop Solutions. This partnership should enable the climate engagement provider ecolytiq with access to Snowdrop’s precise categorization and location of banking transfers, including retailer logos, ESG (Environmental, Social, Governance) ratings, directions… Read More