Tagged: europe

December 5, 2021 @ 1:08 pm By Omar Faridi  |  

Freetrade, a company that’s on a mission to get everyone investing, has secured  879% (£8,799,726) of its £1,000,000 fundraising target from 6926 investors (at the time of writing) via Crowdcube – with 1 day left in the Fintech firm’s crowdfunding campaign. A UK Financial Conduct… Read More

December 4, 2021 @ 5:17 pm By Omar Faridi  |  

Fintech firm BillFront announced that it has acquired €50 million in a multi-currency asset-backed financing from Fasanara Capital and “adopted a new name: Vane.” The rebrand to Vane reflects the firm’s strategy to introduce a more extensive suite of financial products and illustrates “how Vane… Read More

December 4, 2021 @ 4:07 pm By Omar Faridi  |  

viafintech GmbH, which is part of specialized payments platform Paysafe (NYSE: PSFE), has formed a new partnership with Solarisbank AG with “a joint vision to replace the classic bank branch and physical locations for basic banking services.” As one of Europe’s major banking-as-a-service (BaaS) platforms,… Read More

December 4, 2021 @ 3:03 pm By Omar Faridi  |  

abrdn (LON: ABDN) has confirmed its plans to acquire 100% of UK’s subscription-based investment platform Interactive Investor for £1.49 billion. As mentioned in the announcement, abrdn and Interactive Investor have a shared vision “of the growth and development of the wealth market and a commitment… Read More

December 3, 2021 @ 7:57 am By Omar Faridi  |  

JUMP Technology claims that it provides one of the most advanced connectors to the SIX data feed in the world on its software platform, which enables users to “automatically plug in and collect the wide variety of financial data provided by SIX (securities characteristics, daily… Read More

December 2, 2021 @ 10:47 pm By Omar Faridi  |  

BNP Paribas Asset Management (BNPP AM) has reportedly announced several appointments within its Sustainability Centre in order to accelerate and strengthen its sustainable investment offering. As mentioned in an update shared with CI: “At the core of BNPP AM’s approach to sustainability, the Sustainability Centre… Read More

December 2, 2021 @ 8:47 am By Omar Faridi  |  

Prospective users of the forthcoming large-value payment system T2 are able to begin testing the functionalities of the system as of December 1, 2021. The testing is scheduled to run over the coming year and will “allow participants to prepare for a smooth migration to… Read More

December 2, 2021 @ 1:18 am By Omar Faridi  |  

Australian mobile payments firm, Mr Yum, has secured £48 million via a Series A round that was  led by Tiger Global. This is reportedly the largest Series A for a female-led firm from Australia, and the third-largest Series A in Australian markets. Other investors that… Read More

December 1, 2021 @ 10:22 pm By Omar Faridi  |  

Consumers in the United Kingdom can now get access to enhanced financial products and services, as Experian introduces a service to assist lenders with offering quicker, more accurate, and reliable lending decisions. Work Report™ is reportedly the first digital verification service that should enable clients… Read More

December 1, 2021 @ 10:06 pm By Omar Faridi  |  

Taking a leading role in the sector with its innovative solutions in virtual banking, Garanti BBVA has implemented the Document Upload function for their corporate clients where they are able to add their financial data from Corporate Internet Banking. With this new function, Garanti BBVA… Read More

December 1, 2021 @ 7:59 am By Omar Faridi  |  

The Bank of London has launched as the 6th principal clearing bank of the United Kingdom  with a mission to “lift communities and power the borderless economic infrastructure of the future.” Led by an executive team of industry pioneers and a board of international leaders,… Read More

December 1, 2021 @ 7:56 am By Omar Faridi  |  

The Co-operative Bank has reportedly invested £500,000 in Manchester-headquartered Fintech platform Bankifi as part of a large co-development deal. BankiFi is “putting banks at the heart of business.” As noted by its management: “BankiFi is a technology platform designed to make business banking better, enabling… Read More

November 30, 2021 @ 8:07 pm By Omar Faridi  |  

London’s Clear Junction has announced that it’s offering solutions to Paynet which aim to support its vision for cross-border payments services from European markets into Moldova. Paynet is reportedly the first digital wallet platform operating in Moldova. It runs one of the most extensive payments… Read More

November 30, 2021 @ 7:54 pm By Omar Faridi  |  

DNA Payments Group, an independent, vertically-integrated omnichannel payments platform operating in the United Kingdom and the EU, is pleased to confirm the appointments of Lloyd Hutchinson as the Group’s Chief Commercial Officer and Andras Mecser as Chief Financial Officer. A graduate of the University of… Read More

November 30, 2021 @ 9:57 am By Omar Faridi  |  

Credit Suisse (SWX: CSGN) has revealed that the use of its all-digital platform has increased significantly since its launch in October of last year. Although not only about private banking, the numbers shared by Credit Suisse indicate a key trend now that’s taking hold in… Read More

November 30, 2021 @ 8:19 am By Omar Faridi  |  

James Butterfill, Investment Strategist at London-based CoinShares, a digital asset manager focused on expanding access to the cryptocurrency ecosystem while serving as a “trusted partner” for its clients, notes in a blog post published on Monday (November 29) that for the week ending November 26,… Read More

November 30, 2021 @ 8:15 am By Omar Faridi  |  

AJ Bell will be making investing a Dodl with the introduction of an easy-to-use, commission-free mobile app. The new, app-only investment platform called Dodl by AJ Bell will feature the following: Annual charge of 0.15% Purchase/sell investments with no commission Complete range of tax wrappers… Read More

November 29, 2021 @ 9:23 pm By Omar Faridi  |  

Laleta Buctkuar notes that she recently joined UK’s Assetz Capital in June of this year, “specifically to focus on bridging products and distribution.” Laleta shared that she began working in financial services more than 20 years ago. Laleta also noted that she had a part-time… Read More

November 29, 2021 @ 5:41 pm By Omar Faridi  |  

Eleving Group (previously doing business as Mogo Finance) has shared its unaudited results for the nine months of 2021, “conclusively determining the company’s course to the best financial year in its history.” As mentioned in a blog post published by the Mintos team, the group’s… Read More

November 29, 2021 @ 4:10 pm By Omar Faridi  |  

Online marketplace lender October is currently active in five European nations. October CEO and Founder Olivier Goy recently noted that he launched October 7 years ago in France. While commenting on the financing landscape 7 years back and now and the challenges and opportunities this… Read More