Tagged: europe

October 8, 2021 @ 12:54 pm By Omar Faridi  |  

FreedomPay, a consumer-focused commerce platform, has performed an integration with Klarna, the international retail bank, payments and shopping service. Beginning today (October 7, 2021), FreedomPay’s US merchants may provide Klarna’s interest-free payment services at checkout in-store, which should help with boosting sales and “bringing added… Read More

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

You can now invest commission-free with Freetrade, thanks to a new offer that’s currently available only with Monzo Plus and Monzo Premium. The Monzo team writes in a blog post that investing can be “a good way to grow your savings over the long-term.” That’s… Read More

October 8, 2021 @ 8:14 am By Omar Faridi  |  

UK-based CapitalRise, a prime property finance platform, has announced that it made several new appointments, after recording significant growth during H1 2021. As part of a strong year, in terms of overall performance, CapitalRise has now funded prime real estate assets valued at more than… Read More

October 7, 2021 @ 2:30 pm By Omar Faridi  |  

Confidus Venture Capital recently revealed that it has concluded an agreement to acquire an equity stake in Centiglobe, a Stockholm-headquartered Fintech firm providing an Instant Global Payment platform. Peter Dahlgren will reportedly be joining the Board of Directors. The total investment will “exceed EUR 5… Read More

October 7, 2021 @ 9:47 am By Omar Faridi  |  

Veriff is focused on continuing its global expansion with a new Barcelona-based tech hub. The Veriff team writes in a blog post they’re coming to Barcelona and that their new hub will open soon, and they’re currently looking for talent in the Catalan city. As… Read More

October 7, 2021 @ 9:03 am By Omar Faridi  |  

Visa (NYSE: V) has chosen Callsign as their preferred behavioral biometric digital and device intelligence identity provider. Under the agreement, Visa will be introducing Callsign’s behavioral biometric and device fingerprinting services to the Visa network of financial institutions, payment service providers, and merchants across Europe…. Read More

October 6, 2021 @ 8:20 am By Omar Faridi  |  

Thousands of Catalan residents celebrated the launch of the first community virtual bank account, El Canut, by registering to open a new account on October 1, 2021 – which is an important date on the Catalan calendar, as it marks the anniversary of the independence… Read More

October 6, 2021 @ 7:51 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 4) that for the week ending  October 1,… Read More

October 6, 2021 @ 7:48 am By Omar Faridi  |  

Meniga, the leader in personal finance banking solutions, has teamed up with the Portuguese national financial group, Crédito Agrícola Group, in order to introduce its green banking solution, ‘Carbon Insight’ in Portugal. Meniga’s ‘Carbon Insight’ – which becomes the first bank-based carbon footprinting solution to… Read More

October 5, 2021 @ 11:27 pm By JD Alois  |  

This coming November, pan-European rules for investment crowdfunding will become actionable by platforms and issuers. Under the new rules, issuers may raise capital from across all European Union member states. Firms may raise up to €5 million. While these are EU rules, local nuances still… Read More

October 5, 2021 @ 8:13 am By Omar Faridi  |  

European P2P investors have been shifting their focus to diversification. The analysts of the European investment platform Robo.cash stated that the volume of investment in long-term loans on the platform “is 21% higher than the investment in short-term.” Meanwhile, 32% of customers “diversify their portfolio… Read More

October 5, 2021 @ 7:48 am By Omar Faridi  |  

European P2P lender Mintos has released Risk Score updates for the month of October 2021. As mentioned in a blog post by Mintos, dated October 4, 2021, the latest Mintos Risk Score updates “based on developments and data from the second quarter of 2021 are… Read More

October 4, 2021 @ 8:49 am By Omar Faridi  |  

ThinCats, a UK-based lending platform, will be providing up to £300 million additional funding to businesses via the British Business Bank‘s ENABLE Guarantee program. The ThinCats team wrote in a blog post that they’re pleased to be utilizing a guarantee offered by the British Business… Read More

October 4, 2021 @ 8:04 am By Omar Faridi  |  

UK-based Fintech firm SumUp, an international leader in virtual payments, has confirmed the appointment of a new CEO for Europe, Michael Schrezenmaier. Schrezenmaier brings with him a “founder’s mentality” and a “hands-on” attitude, as well as being a “perfect cultural fit” for the London-based company,… Read More

October 3, 2021 @ 10:29 pm By Omar Faridi  |  

Chase has teamed up with 10x Banking, the UK-headquartered Cloud-native banking tech business, in order to create a modern technology platform that has “powered Chase’s entry into the UK retail banking market.” During the last two years, 10x and Chase have been working cooperatively to… Read More

October 3, 2021 @ 10:06 pm By Omar Faridi  |  

eFounders-formed Banking-as-a-Service (BaaS) Fintech Swan has secured €16 million in funding via a Series A round that was led by Accel. Swan’s latest investment round has come about a year after the Fintech firm finalized its seed round. The company claims that it now has… Read More

October 3, 2021 @ 6:17 pm By Omar Faridi  |  

American Express (NYSE: AXP) has introduced AmexExpense, an all-digital expense management tool for companies. Currently available for all UK Business Gold and Platinum cardmembers, the free-to-download app is aimed at simplifying the expense administration process by eliminating the requirement to hold onto paper receipts and… Read More

October 3, 2021 @ 5:25 pm By Omar Faridi  |  

Modularbank, the next-gen Core banking solution provider, recently revealed that it has launched its new corporate brand identity in order to “better reflect its company values and market offering.” The new company name is Tuum, which means “core” in Estonian, “highlighting both its native roots… Read More

October 3, 2021 @ 11:26 am By Omar Faridi  |  

Money transfer Fintech firm TransferGo has acquired $50 million in capital in order to support its digital payments transformation efforts. Focusing on enhancing global funds transfers, TransferGo‘s Series C investment round was reportedly led by Elbrus Capital Fund III and Black River Ventures. The fundraise… Read More

October 2, 2021 @ 5:23 pm By Omar Faridi  |  

DelfinGroup launched its initial public offering (IPO) of 8 395 000 new shares on the Nasdaq Riga stock exchange this past Tuesday (September 28, 2021), and the public offer prospectus has been released. DelfinGroup’s management noted that the offering is currently available to retail investors… Read More