Tagged: europe

October 25, 2021 @ 7:38 am By Omar Faridi  |  

After a “positive jump” in the Bondora portfolio during the month of August 2021, originations had slightly lower return rates “as a whole in September.” European P2P lender Bondora also mentioned that originations still “show good returns when compared to their target rates.” Here are… Read More

October 24, 2021 @ 7:47 pm By Omar Faridi  |  

Transact Payments Limited, a provider of European BIN sponsorship and modular payment, debit, credit and prepaid services, reveals that it has experienced 380% growth in settlement volumes (EUR €) “from 2017/18 to 2020/21 across its expanding client base.” As mentioned in an update shared with… Read More

October 24, 2021 @ 4:27 pm By Omar Faridi  |  

The team at P2P lender Robo.cash notes that the popularization of the secondary market in the European markets has surged considerably this year, exceeding the activity in 2020. As for Robo.cash, every month since 2020, the volume of secondary market transactions has “grown by an… Read More

October 23, 2021 @ 2:04 pm By Omar Faridi  |  

Klarna, a global retail bank, payments and shopping service, is bringing its signature experience to the travel sector with the acquisition of Inspirock, an online trip planner that enables consumers to explore a destination’s offerings and “create personalized itineraries utilizing local expertise and artificial intelligence.”… Read More

October 23, 2021 @ 12:55 pm By Omar Faridi  |  

Accelar has introduced a Nature Finance Impact Hub, which aims to boost market confidence in nature-positive initiatives, by isolating their key financial and environmental benefits. A strategy and sustainability consultancy, Accelar’s main business and goal is to assist with promoting the clean growth transition by… Read More

October 23, 2021 @ 9:37 am By Omar Faridi  |  

Over 70 financial institutions have reportedly worked with Valk‘s digital transaction and tokenization platform this year. Private market digital platform VALK says that it is “building for expansion after achieving over $4 billion in assets and deals managed on its platform in a year” as… Read More

October 22, 2021 @ 9:18 am By Omar Faridi  |  

Payment solutions provider Mastercard (NYSE: MA) has entered into a partnership agreement with Demica in order to introduce a supply chain finance capability within Track Business Payment Service (Track BPS). This should enable improved access to “flexible working capital for buyers and suppliers.” As mentioned… Read More

October 22, 2021 @ 7:14 am By Omar Faridi  |  

Bond Financial Technologies, Inc., the enterprise-grade platform for embedded finance, announces the availability of its new product, Bond Embedded Credit. Clients are able to build and deploy personalized credit products via a single integration, including underwriting, risk management, servicing, and compliance. Embedded Credit, along with… Read More

October 22, 2021 @ 7:11 am By Omar Faridi  |  

Barclays has introduced automated policy management and compliance tech from Regtech firm Clausematch to 90,000 workers across the globe. We're excited to share that @Clausematch #PolicyPortal is now streamlining compliance for all @Barclays employees globally! The rollout of the Portal is the culmination of a… Read More

October 22, 2021 @ 7:09 am By Omar Faridi  |  

The BBVA Group is launching an all-digital retail banking in Italy, with a “unique” value proposition and customer experience. BBVA is entering the Italian market with free digital banking; “one of the most secure cards in the world – as there are no printed numbers… Read More

October 21, 2021 @ 5:46 pm By Omar Faridi  |  

Resistant AI, a software-as-a-service (SaaS)-enabled AI and machine learning security firm that aims to protect automated financial systems from manipulation, fraudulent activities and financial crime, has acquired $16.6 million in capital via a Series A round. GV (previously Google Ventures) has reportedly led Resistance AI’s… Read More

October 21, 2021 @ 4:26 pm By Omar Faridi  |  

Bling Card has teamed up with SocGen-owned banking-as-a-service (BaaS) firm Treezor in order create a prepaid pocket money card and financial education app for children in Germany. With the Bling Card, kids and teenagers are able pay independently and securely at merchant outlets in Germany…. Read More

October 21, 2021 @ 9:13 am By Omar Faridi  |  

Swedish Fintech firm Dreams has appointed Stefan Krafft as its new VP of B2B Marketing to support the next phase of international expansion Dreams, the financial wellbeing platform and leader in engagement banking solutions, notes in a release shared with CI that Krafft will focus… Read More

October 21, 2021 @ 8:33 am By Omar Faridi  |  

Financial services and digital payments company Square, Inc. (NYSE: SQ) has introduced subscription-based tools in the United Kingdom — Square Marketing and Square Loyalty — in order to help companies with expanding their sales. Following the announcement, shares of the firm appreciated marginally on Wednesday… Read More

October 20, 2021 @ 8:12 am By Omar Faridi  |  

Virgin Money has reportedly entered a contract with Hometrack in order to gain insight into the potential impact of climate change on its portfolio. Building on their business relationship, Virgin Money will aim to benefit from Hometrack’s Climate Change Risk analysis, which is offered via… Read More

October 20, 2021 @ 7:49 am By Omar Faridi  |  

Dedicated prime property investment platform CapitalRise announced on October 19, 2021 that it has now returned £66m in capital and returns to investors, “maintaining its unblemished track record of no investment losses or investment defaults since inception.” Of the total £66 million in redemptions, over… Read More

October 19, 2021 @ 9:47 pm By Omar Faridi  |  

TietoEVRY is announcing its new strategy to promote better customer value and growth via specialization. The technology industry is being transformed with the Cloud as the foundation, offering expansion opportunities for the firm. Expansion will mainly focus on Cloud-native services, data & software engineering and… Read More

October 19, 2021 @ 8:51 am By Omar Faridi  |  

FIBR, the connected virtual banking platform, has launched so that it can serve European SMEs, by combining the stability of a bank with the agility and technology of a Fintech service provider. Based in the Netherlands, FIBR is focused on lending to European SMEs. The… Read More

October 19, 2021 @ 8:02 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 (October 18) that for the week ending October 15,… Read More

October 19, 2021 @ 7:35 am By Omar Faridi  |  

GoHenry, a pioneer in kids’ debit cards, money management, and financial education, has introduced Money Missions, which aims to accelerate the firm’s ambitions to bridge the gap in early financial literacy for Gen Z and Gen Alpha “with a gamified educational experience integrated into the… Read More