Tagged: europe

October 12, 2021 @ 4:01 pm By Omar Faridi  |  

Planixs, the provider of real-time, intraday cash, collateral and liquidity management services, has revealed that its Realiti software suite has been chosen by Nord/LB as the bank “embarks on a digital transformation project to overhaul its treasury operations.” NORD/LB Norddeutsche Landesbank is reportedly one of… Read More

October 12, 2021 @ 1:06 pm By Omar Faridi  |  

“Crypto Made Easy” pioneer Divi says that it has taken a step towards its mission to develop a completely decentralized, private payment service that will support the mass adoption of virtual currencies, with the UK launch of its user-friendly mobile wallet. The United Kingdom is… Read More

October 12, 2021 @ 10:15 am By Omar Faridi  |  

Moneybrain, an international Fintech platform, reveals that it has joined Visa’s Fintech Fast Track program, in order to accelerate the process of integrating with Visa and “allowing Moneybrain to more easily leverage the reach, capabilities, and security that Visa’s global payment network offers.” As mentioned… Read More

October 12, 2021 @ 7:48 am By Omar Faridi  |  

MT Finance is pleased to confirm the appointment of Chris Patrick to the Board as the lender’s “first ever” non-executive director. Chris has “forged a long career in the private equity, finance and investment banking world,” according to an update shared with CI. Chris has… Read More

October 11, 2021 @ 9:46 pm By Omar Faridi  |  

Mortgage platform Finova has reportedly acquired its competitor, BEP Systems, in order to expand its presence in the United Kingdom. Finova’s Cloud-powered software is being used by more than 60 lenders and around 3,000 brokers, meanwhile, BEP, which launched back in 2014, focuses mainly on… Read More

October 11, 2021 @ 9:37 pm By Omar Faridi  |  

UK-based Proptech Goodlord, the lettings tech and services platform, has reportedly acquired the Fintech app provider, acasa, in order to wider the range of services it provides to letting agents and their landlords and tenants. As first reported by Mortgage Introducer, acasa is a Fintech… Read More

October 11, 2021 @ 3:46 pm By Omar Faridi  |  

Over a third or more than 30% of Bank of Ireland branches across the nation closed down permanently on Friday (October 8, 2021). As reported by The Journal, clients at 88 physical Bank of Ireland branches across the country had been able to use their… Read More

October 11, 2021 @ 2:43 pm By Omar Faridi  |  

Morgan Stanley (NYSE: MS) has reportedly agreed to a £1 million investment in order to further expand its Multicultural Innovation Lab across Europe, Middle East and other areas. Initially introduced in the US back in 2017, the Lab aims to serve as an accelerator program… Read More

October 11, 2021 @ 11:09 am By Omar Faridi  |  

Banco Santander (NYSE: SAN) has started to introduce its sustainable payment cards, which are reportedly made with recycled material. The cards are being rolled out in Spain. Santander had previously launched the “One Card” design in Poland and Portugal. The financial institution plans to have… Read More

October 11, 2021 @ 10:20 am By Omar Faridi  |  

UK-headquartered banking, exchange, and investment app Ziglu is introducing a fee-free Euro account which has been designed to enable tourists and business travelers to spend “without incurring currency exchange charges.” The account, which is an addition to Ziglu’s sterling current account, is being introduced as… Read More

October 11, 2021 @ 8:18 am By Omar Faridi  |  

As Sibos 2021 opened (in a virtual environment) on October 11, 2021, Finastra unveiled its updated instant onboarding capabilities for its Fusion Payments To Go service. As first reported by Finextra, the solution should allow banking institutions to gain access to the benefits of Finastra’s… Read More

October 11, 2021 @ 8:15 am By Omar Faridi  |  

EstateGuru, a property-backed loan marketplace catering to retail investors, recently noted that they wanted to help users with moving loans out of their portfolio fast, so they can rebalance their  projected earnings, or withdraw their cash in times of crisis/emergency. The EstateGuru team writes in… Read More

October 11, 2021 @ 7:14 am By Omar Faridi  |  

European P2P lending service provider Bondora reveals that September 2021 was a huge month for their platform. The company celebrated an “unprecedented” new recovery record, “investments soared, and origination growth bounced back,” the Bondora team wrote in a blog post. They also mentioned that “after… Read More

October 11, 2021 @ 7:10 am By Omar Faridi  |  

The team at UK-based Blend Network, a peer-to-peer lending platform, notes that so far this year, they have funded the construction of 164 residential units, which is reportedly a mix of flats, houses and HMO units. As noted in a blog post by Blend Network,… Read More

October 10, 2021 @ 10:31 pm By Omar Faridi  |  

European Fintech iwoca confirmed recently that it has been accredited under the UK’s Recovery Loan Scheme (RLS). The iwoca team wrote in a blog post, dated October 5, 2021, that they’ve been accredited by the British Business Bank as a lender under the RLS. This… Read More

October 10, 2021 @ 1:27 pm By Omar Faridi  |  

Nexi, the European Paytech firm, has reportedly obtained approval for its CO2 emissions reduction targets for Nexi in Italy by the Science Based Target initiative (SBTi) – the global network born from the collaboration between WRI, CDP, WWF and the United Nations Global Compact. In… Read More

October 10, 2021 @ 12:49 pm By Omar Faridi  |  

UK-headquartered Darlington Building Society has confirmed the selection of a new onboarding system provided by ieDigital. The building society stated that its updated system will give members the option to open up accounts online in a streamlined manner. It will also offer various self-service options… Read More

October 10, 2021 @ 10:52 am By Omar Faridi  |  

Moorwand, a BIN sponsor and issuer that aims to transform compliance into an “enabler of innovation,” has been chosen by OneFor, a digital wallet and money transfer and payments service for the remittance market. Moorwand is offering issuing, acquiring and digital banking solutions that will… Read More

October 9, 2021 @ 10:18 am By Omar Faridi  |  

CoinShares International Limited (Nasdaq First North Growth Market: CS) is pleased to confirm a strategic investment of $11,845,790 in FlowBank, an online bank based in Geneva, Switzerland. Following the investment, CoinShares “holds 110,000 shares in FlowBank, representing 9.02% of its enlarged share capital,” according to… Read More

October 9, 2021 @ 9:51 am By Omar Faridi  |  

Getsafe, a digital insurance service provider that’s focused on serving Millennial buyers in Germany and the United Kingdom, confirmed that it has now extended its Series B round to $93 million. https://twitter.com/hellogetsafe/status/1446137783345504256 The neo insurance platform had previously revealed in December 2020 that it had… Read More