Tagged: europe

September 20, 2021 @ 8:02 am By Omar Faridi  |  

In August 2021, investors remained quite active on European online investment platform EstateGuru and financed a total of €17.0M worth of loans (84 loans). As expected, the top-performing markets on EstateGuru this past month were Estonia and Germany, with loan volumes of €5.3M and €6.9M,… Read More

September 19, 2021 @ 10:12 pm By Omar Faridi  |  

As new lending starts to overtake the repayment boom seen during the COVID-19 crisis, research from digital bank Zopa reveals that more than 40% of UK-based consumers would make use of Open Banking to “apply for credit if it improved their chances of getting an… Read More

September 19, 2021 @ 9:10 pm By Omar Faridi  |  

Raiffeisen Switzerland, a cooperative of cooperatives (the union of independent Swiss Raiffeisen banks), has reportedly secured a CHF 165 million bail-in bond via Valyo’s capital market platform. As noted by its management, Valyo aims to “open the door to the world of finance, across borders”… Read More

September 19, 2021 @ 5:07 pm By Omar Faridi  |  

European online lender October explains that they aim to effectively connect borrowers and lenders. Lenders are able to invest their savings “usefully” and “profitably” in order to facilitate the funding of the “real economy” while companies or businesses “find new, simple and effective sources of… Read More

September 19, 2021 @ 12:55 pm By Omar Faridi  |  

VC firm btov Partners recently revealed that it has finalized the closing of its new digital technologies early-stage fund “with a volume of $135M.” It’s reportedly the second fund that focuses on digital technologies, and the ninth for btov Partners, to date. Investments in earlier… Read More

September 19, 2021 @ 11:43 am By Omar Faridi  |  

Over 70% of UK SMEs claim that they’re beginning to bounce back following the COVID-19 outbreak, according to a survey performed by Capify, a small business lender backed by Goldman Sachs (NYSE:GS). The Capify survey, released earlier this week, found that the United Kingdom’s small… Read More

September 18, 2021 @ 12:07 pm By Omar Faridi  |  

Morgan McCandless, Relationship Director at Assetz Capital, a marketplace lending platform originating secured loans, reveals that he re-joined Assetz in June of this year, having previously worked on the Northern Ireland portfolio as a consultant, before the COVID outbreak. As a Relationship Director covering Northern… Read More

September 17, 2021 @ 8:18 am By Omar Faridi  |  

Validis, the provider of open accounting data analytics, reveals that it has teamed up with Bank North, the recently accredited SME-focused virtual bank. Having acquired a UK banking permit (Authorization with Restrictions), Bank North is prepared to launch its first lending pod in Manchester this… Read More

September 17, 2021 @ 7:56 am By Omar Faridi  |  

Euroclear is pleased to confirm its acquisition of MFEX Group, an international digital fund distribution platform. Euroclear had first announced its intent to acquire MFEX “on March 26, 2021.” The financial terms of the deal have not been shared publicly. As mentioned in a release,… Read More

September 16, 2021 @ 9:49 am By Omar Faridi  |  

Digital assets firm Gemini reveals that it now supports trading with Moss Carbon and Terra, in addition to new metaverse, infrastructure, and stablecoin tokens. As mentioned in an update shared with CI: “Today, [the Gemini team is] delighted to announce support for a new set… Read More

September 16, 2021 @ 8:36 am By Omar Faridi  |  

The team at Banking Circle, an established payments service provider, has looked into how collaboration can “speed up the real-time payments revolution for corporates.” As noted in a blog post by Banking Circle: “For retail customers, instant payments have come to be expected, but in… Read More

September 16, 2021 @ 7:24 am By Omar Faridi  |  

The team at digital bank Starling asks whether you’ve every agreed to plans for something you “really didn’t want to do.” The UK-based banking challenger also asks whether you’ve “walked down the high street and been unable not buy something from that fast-talking street vendor.”… Read More

September 15, 2021 @ 7:26 am By Omar Faridi  |  

Fintech firm Lightyear announced on Wednesday (September 15, 2021) that they’ve acquired an additional $8.5 million in capital. The firm also confirmed the launch of its app as the business begins onboarding UK clients off its waiting list. Lightyear aims to combine multi-currency accounts with… Read More

September 14, 2021 @ 7:34 am By Omar Faridi  |  

Switzerland-based vestr, a platform that fully digitizes the life-cycle management of actively managed investment products, has reportedly expanded its business operations to Singapore, after teaming up with Julius Baer via F10’s Fintech incubator program. As noted by its management: “Julius Baer is the international reference… Read More

September 14, 2021 @ 7:31 am By Omar Faridi  |  

MoneeMint, an “ethical” financial services provider has announced the launch of MoneeMint Labs for customers in the UK and Europe. Recently, MoneeMint had acquired funding from private equity firm Ground One Ventures for the “purpose of acquiring a robust and dynamic core banking system to… Read More

September 13, 2021 @ 10:49 am By Omar Faridi  |  

Eastern Europe has one of the largest cryptocurrency economies in the world. A recent report reveals that it’s the third-ranked global region for “overall exposure to illicit activity.” Eastern Europe is the only world region with a total transaction volume of $400 million+ for which… Read More

September 13, 2021 @ 7:55 am By Omar Faridi  |  

Amsterdam-headquartered Sprinque, a checkout service provider, has reportedly secured €1.7 million in capital from Volta Ventures, Force Over Mass and several angel investors and payments industry professionals. Established this year, Sprinque has created seamless digital checkout infrastructure in order to make business transactions as easy… Read More

September 13, 2021 @ 7:51 am By Omar Faridi  |  

Stockholm-headquartered Qred, a small business lending service provider, has reportedly received a substantial investment from Nordic Capital. Although the exact amount invested has not been shared publicly, Sweden’s Breakit.se reveals that Nordic Capital may have invested just over half a billion kronor (appr. €49 million)… Read More

September 12, 2021 @ 9:34 pm By Omar Faridi  |  

UK-based Kuflink, a platform that connects borrowers with lenders, by providing a steady flow of accessible finance and competitive interest rates, reveals that new features have been added for September 2021. The Kuflink technology team continued to work to bring updated features for September 2021… Read More

September 12, 2021 @ 8:30 pm By Omar Faridi  |  

The team at Lithuania’s Debitum, a borderless financing platform, has shared important information for their investors, the company’s Financial report Q2, 2021. As noted in a blog post by Debitum, the document presents the financial and business performance of the SIA DN Operator (the platform… Read More