Tagged: europe

January 14, 2022 @ 1:45 pm By Omar Faridi  |  

The team at UK’s Blend Network, a specialist development finance lender, notes that they’ve recently been quite vocal about why development finance lenders “need to show more commitment towards Net Zero and sustainable house building.” Blend Network has explained why and how specialist lenders like… Read More

January 14, 2022 @ 1:22 pm By Omar Faridi  |  

European lender Mintos writes in an extensive update that the Internet connections in Kazakhstan has now been restored, and the restrictions on international payments “were lifted.” The team at Mintos also mentioned that they’ve received proof of payment from all their lending firms from Kazakhstan…. Read More

January 14, 2022 @ 8:56 am By Omar Faridi  |  

UK-headquartered digital bank Monzo reveals that they’re opening up their Open Banking-powered gambling block to “all Open Banking providers, following a pilot last year with Truelayer.” As mentioned in the update from Monzo, this extension will let all licensed UK Open Banking firms to “integrate… Read More

January 14, 2022 @ 8:08 am By Omar Faridi  |  

Software is “changing the world,” according to an update from UK Fintech Modulr. Modulr writes in a blog post that thanks to Cloud computing and the rise of SaaS (Software as a Service), businesses are now “powered by virtual services rather than having to invest… Read More

January 13, 2022 @ 11:40 pm By Omar Faridi  |  

FIA Tech, the futures industry’s technology provider, has announced that it has established a London subsidiary as the firm scales and expands its operations. The London office, based in Paddington, is reportedly FIA Tech’s fourth office and the first outside the US, “following Washington DC,… Read More

January 13, 2022 @ 10:19 am By Omar Faridi  |  

Tandem Bank has reportedly acquired consumer lending platform Oplo. The strategic acquisition has formed a combined business with £1.2 billion of total assets, £1 billion of funding and 171,000 clients being serviced by a UK-headquartered team of 500 professionals. Tandem was established back in 2014… Read More

January 13, 2022 @ 9:46 am By JD Alois  |  

The European Commission has selected 5 blockchain providers as part of the ongoing European Blockchain Services Infrastructure (EBSI) initiative. The EBSI has been in the works for several years now as the EU aims to leverage blockchain technology to improve or add digital services to benefit the population… Read More

January 13, 2022 @ 8:38 am By Omar Faridi  |  

  Fintech startup Hydr has developed its proprietary invoice finance platform to integrate with more Cloud accounting software providers such as Sage and QuickBooks. After launching “exclusively” with Xero back in May, the Hydr platform may now be accessed by many more SMEs in the… Read More

January 13, 2022 @ 8:15 am By Omar Faridi  |  

SEBA Bank, a fully integrated, FINMA licensed digital assets banking platform, announced that it has finalized a Series C round, “raising CHF 110 million.” The investment round was co-led by a consortium of blockchain and Fintech investors, comprised of Altive, Ordway Selections, and Summer Capital,… Read More

January 13, 2022 @ 8:13 am By Omar Faridi  |  

Fiduciam, the institutionally-funded short-term lender to housebuilders and entrepreneurs, is planning an expansion of its operations in Scotland for 2022. A new Scottish team has been formed with a nationwide lending appetite and a target to achieve £55 million of lending this year. Fiduciam is… Read More

January 12, 2022 @ 11:30 am By Omar Faridi  |  

Ebury has revealed that it’s accelerating its international growth efforts with the appointment of Louise Chan as company COO. Louise takes on an expanded Chief Operating Officer role “covering Operations as well as Product, Data and Regulatory Reporting,” according to a release. Louise is an… Read More

January 12, 2022 @ 9:13 am By Omar Faridi  |  

NYDIG, a Bitcoin company, announced that its subsidiary Bottlepay, a Bitcoin-based international payments company, has been granted registration as a Cryptoasset Business from the United Kingdom’s Financial Conduct Authority (FCA). Bottlepay is one of a small number of crypto-asset companies to have secured this type… Read More

January 12, 2022 @ 9:05 am By Omar Faridi  |  

In the “build-up” to Qonto’s announcement of its €486 million Series D, nowhere was the “excitement” felt more acutely than in company HQ. The team at Qonto writes in a blog post: “For confidentiality reasons, the specifics of the deal had to be kept secret… Read More

January 12, 2022 @ 8:37 am By Omar Faridi  |  

Digital banking Fintech Revolut has reportedly launched operations as a bank in 10 Western European nations, allowing it to provide its customers in these markets with deposit protection. Revolut, which is a provider of a financial super-app with over 18 million customers across the globe,… Read More

January 11, 2022 @ 11:37 pm By Omar Faridi  |  

nHouse, a young “disruptive” housing firm providing various designs, has secured 121% (£121,870) of its £100,000 target from 245 investors (at the time of writing) through a crowdfunding campaign carried out via Seedrs with 29 days left in the sale. nHouse explains that it makes… Read More

January 11, 2022 @ 8:18 am By Omar Faridi  |  

Gratitude, which aims to help offset carbon emissions by allowing users to “receive cashback from in-game purchases,” has raised 54% (£149,570) of its £275,000 target (at the time of writing) from 132 investors through a crowdfunding campaign carried out via Crowdcube with 22 days left… Read More

January 11, 2022 @ 1:21 am By Omar Faridi  |  

Croatian P2P lender Robo.cash notes in an update that rates will be changing starting from January 10, 2022. As mentioned in a blog post by Robo.cash, the new interest rates “will range from 9% to 12.3%, and they will be directly related to the terms,… Read More

January 10, 2022 @ 10:30 am By Omar Faridi  |  

Innovate Finance, the independent industry body that represents and advances the international Fintech community in the United Kingdom, explains that it aims to accelerate the UK’s role in the financial services sector by “directly supporting the next generation of technology-led innovators.” The UK Fintech sector… Read More

January 10, 2022 @ 8:28 am By Omar Faridi  |  

The team at Payfit, which has recently raised €254M to strengthen their payroll solution for SMEs, notes that as 2021 came to an end, they had taken a look back on the year. PayFit reveals that not only have they grown in size, but they also… Read More

January 10, 2022 @ 3:21 am By Omar Faridi  |  

Solarisbank, a firm that’s focused on creating a world where financial services “seamlessly sync with life,” notes in its Fintech forecast report that 2021 was quite an uncertain period but not as “unprecedented” as 2020. Solarisbank wrote in a blog post that during the past… Read More