Tagged: europe

July 4, 2021 @ 9:17 pm By Omar Faridi  |  

FaizPay, a company offering a truly multi-channel fast and fair payments service that’s built on Open Banking rails, has secured 87% or £526,958 of its fundraising target of £600,001 from 79 investors (at the time of writing) via a securities offering on Seedrs. As of… Read More

July 4, 2021 @ 8:58 pm By Omar Faridi  |  

European online lender October has shared key insights from its Netherlands CEO Luuc Mannaerts. Luuc, who earned his Masters in Business Economics, with a specialization in Finance and Strategy, reveals that when he was around 40 years of age, he went to INSEAD where he… Read More

July 4, 2021 @ 7:40 pm By Omar Faridi  |  

Coconut, a Fintech firm that automates bookkeeping and tax for sole traders, a market of 3.5 million in the UK, has raised £918,370 from 1202 investors (at the time of writing while having a £700,000 target) through a campaign on Crowdcube. Coconut reports a pre-money valuation… Read More

July 4, 2021 @ 3:45 pm By Omar Faridi  |  

Singapore-based Insurtech company Bolttech recently revealed that it has finalized an oversubscribed $180 million Series A round which values the firm at over $1 billion, thus giving it Unicorn status just a year after it began operations. Bolttech’s investment round was led by Activant Capital… Read More

July 3, 2021 @ 2:17 pm By Omar Faridi  |  

The St.Gallen-headquartered wealthtech company Kaspar& reveals that it has managed to secure a seat in the second stage of Switzerland’s startup accelerator program, Venture Kick. The company’s management states: “We want to take care of your financial life. That’s why Kaspar& is designed to provide… Read More

July 3, 2021 @ 1:15 pm By Omar Faridi  |  

Cornèr Bank Group, an established issuer of credit and prepaid cards to individuals and companies across Europe, has reportedly reached a key milestone in its digital transformation efforts by successfully migrating its card portfolios across all products and markets to an advanced and more consolidated… Read More

July 3, 2021 @ 12:22 pm By Omar Faridi  |  

Bigbank, a global Estonian-owned bank providing personalized financial products, has selected European payment services firm Nets, to offer issuer processing and digital services, such as virtual cards and mobile payment capabilities. As noted by its management: “We’re a new type of bank – a truly… Read More

July 3, 2021 @ 11:21 am By Omar Faridi  |  

Smart, the multinational retirement savings tech platform provider that’s used to power the Smart Pension Master Trust, one of the ‘Big Four’ UK auto enrolment master trusts, has finalized a £165 million Series D round. As explained by the company: “Smart Retire has been designed… Read More

July 3, 2021 @ 10:12 am By Omar Faridi  |  

UK Finance has confirmed four new appointments to the UK Finance Board – which are all effective as of July 1, 2021. Matt Hammerstein, CEO of Barclays Bank UK; Lucy-Marie Hagues, CEO at Capital One UK; John Hourican, Chief Executive of NewDay Group; and Max… Read More

July 2, 2021 @ 3:42 pm By Omar Faridi  |  

Virtual payments can provide improved security for our funds while enhancing the overall comfort of our daily activities. These days, in addition to convenience, there’s also the health concern (due to COVID-19 and other infectious/communicable diseases and viruses). Consumers across the globe are realizing that… Read More

July 2, 2021 @ 11:17 am By Omar Faridi  |  

Mouro Capital, a VC fund that’s mainly focused on Fintech companies and related businesses and backed by Banco Santander (BME: SAN), has reportedly joined Mexico’s digital freight forwarder Nowports’ $16 million Series A round. Nowports is notably Mouro Capital’s first investment in the logistics sector, an… Read More

July 2, 2021 @ 9:09 am By Omar Faridi  |  

Codat, an API-powered platform for business data sharing, has acquired $40 million in capital through a Series B funding round. Codat reports a tripling in annual revenue growth and also a doubling of its employee headcount Codat’s latest Series B investment round has been led… Read More

July 2, 2021 @ 8:08 am By Omar Faridi  |  

BNP Paribas (EPA: BNP), a French international banking group that’s ranked as the 8th largest bank in the world in terms of total assets (appr. €2 trillion), is partnering with financial solutions provider FIS (NYSE: FIS). Through the partnership, BNP Paribas will be extending support… Read More

July 2, 2021 @ 8:06 am By Omar Faridi  |  

Rapyd, a multinational Fintech as a Service (FaaS) provider, has entered into a definitive agreement with Arion Banki (Arion Bank) in order to acquire Valitor, an Icelandic payments solutions firm. As confirmed in a release shared with Crowdfund Insider, the deal size is $100 million… Read More

July 1, 2021 @ 5:29 pm By Omar Faridi  |  

Real asset fundraising figures have “lagged recently,” with fundraising during the past 4 quarters reaching its lowest levels since “late 2012,” according to a new report from Pitchbook. As noted in the report from Pitchbook, infrastructure has managed to continue attracting considerable funding, meanwhile, the… Read More

July 1, 2021 @ 2:42 pm By Omar Faridi  |  

Salerio, the post-execution trade processing service from Corfinancial, has been chosen by the Man Group, the international active investment management company, in order to assist in their migration from the OASYS US securities trade processing flows to the DTCC’s Institutional Trade Processing (ITP) CTM (Central… Read More

July 1, 2021 @ 9:34 am By Omar Faridi  |  

European peer-to-peer lending platform Mintos has released its latest Risk Score updates. As noted by the Mintos team, this most recent update is based on key developments and data analyzed during Q1 2021. Mintos writes in a blog post that if you are new to… Read More

July 1, 2021 @ 8:10 am By Omar Faridi  |  

The team at Lithuania-based financing platform Debitum notes that raising funds for SMEs can be quite a challenging and stressful experience. Until only recently, the choice had been between the different types of loans provided mainly by traditional banking institutions, which involve tedious application processes… Read More

July 1, 2021 @ 7:50 am By Omar Faridi  |  

The team at European P2P lender Bondora reports that 2021 return rates have been zooming past their targets. As noted by Bondora in a blog post dated June 28, 2021, investment returns on platform originations showed “signs of positive growth” during the month of May… Read More

June 30, 2021 @ 1:18 pm 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 (June 28) that for the week ending June 28,… Read More