Tagged: europe

July 14, 2021 @ 8:04 am By Omar Faridi  |  

Norway’s software firm Commercial Banking Applications (CBA) reveals that it has released the latest annual version of its IBAS GBF – Global Banking Factory software to all clients. Notably,  the release has come more than three months ahead of schedule, which should allow for more… Read More

July 14, 2021 @ 7:59 am By Omar Faridi  |  

UK banking-as-a-service (BaaS) provider Railsbank has secured $70 million in capital in order to promote its brand and products globally. Railsbank‘s latest investment round has been led by Anthos Capital and received contributions from Central Capital (VC division of Indonesia’s largest privately-held banking institution), Cohen… Read More

July 14, 2021 @ 3:39 am By Omar Faridi  |  

On July 9 2021, Latvian financial service firm AS DelfinGroup issued bonds through private placement in the “amount of €5 million with an annual coupon rate of 9.75%.” The nominal value of a bond is €1 000, and the “minimum subscription size was €100 000,”… Read More

July 14, 2021 @ 1:42 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 (July 12) that for the week ending July 12,… Read More

July 13, 2021 @ 6:58 pm By Omar Faridi  |  

Gary Rohloff, Co-Founder and Managing Director at New Zealand’s Laybuy, a Buy Now, Pay Later or BNPL Fintech, notes that last week, they released their FY21 annual report – which is the first since listing on the Australia Stock Exchange (ASX) in 2020. Gary writes… Read More

July 13, 2021 @ 8:59 am By Omar Faridi  |  

The team at EstateGuru, an online lending platform that offers retail investors the ability to back loans secured by property, notes that as is customary, and as part of their commitment to transparency, they’ve published an “externally audited” annual report for 2020. EstateGuru‘s management writes in… Read More

July 13, 2021 @ 7:57 am By Omar Faridi  |  

The team at Shojin, an investment firm that aims to unlock institutional-grade investment opportunities in the UK property market for “enlightened investors across the world,” has taken a detailed look at how real estate crowdfunding originated and why they think the future is bright for… Read More

July 13, 2021 @ 7:54 am By Omar Faridi  |  

InstaVolt, an established rapid electric vehicle charger network, has partnered with UK’s digital bank Starling. Through the partnership with Starling, the digital bank will utilize InstaVolt’s rapid charging network as “a full service advertising channel from 5th July.” As mentioned in a release shared with… Read More

July 13, 2021 @ 2:37 am By Omar Faridi  |  

Euronext reveals that it has teamed up with Early Metrics, an established provider of independent start-up ratings, valuations and analysis of key technology trends. Through the partnership, the organizations will offer free-of-cost automated analytical reports about SMEs operating in the technology sector that are also… Read More

July 13, 2021 @ 1:33 am By Omar Faridi  |  

FETCH, a transformative Fintech driving efficiency and precision guest location for food & drink ordering & payments, has secured 179% of its fundraising target through Seedrs with 20 days lefts in the sale. FETCH has acquired £1,794,298 from 329 investors at the time of writing (with… Read More

July 12, 2021 @ 11:24 pm By Omar Faridi  |  

Swapi, a company focused on giving users the option to exchange loyalty rewards between brands and avoiding having their points expire, has secured £338,000 (of its £300,000 target) in capital via Crowdcube from 160 different investors (at the time of writing). Swapi reports a £4,311,925… Read More

July 12, 2021 @ 11:22 pm By Omar Faridi  |  

The European Securities and Markets Authority (ESMA), the European Union’s securities markets regulator, has reportedly fined DTCC Derivatives Repository Plc (DDRL) a total of €408,000 for seven infringements of the European Market Infrastructure Regulation (EMIR). The violations are related to (or involve) data confidentiality, data… Read More

July 12, 2021 @ 1:21 pm By Omar Faridi  |  

BNP Paribas Securities Services’ ESG marketplace, Manaos, has confirmed the onboarding of new partners – Util and V.E, which is part of Moody’s ESG Solutions – in order to enhance its sustainability data and analytics product offering. Manaos, which is described as an open-servicing platform… Read More

July 12, 2021 @ 10:18 am By Omar Faridi  |  

UK-based Weavr, a startup that assists businesses with embedding banking and payments solutions into their mobile or software-as-a-service (SaaS) solutions, has finalized a £7 million seed round. Weavr’s investment round, which is an extension of a £3 million seed capital fundraise during 2020, has reportedly… Read More

July 12, 2021 @ 8:47 am By Omar Faridi  |  

Austria-based Blockpit, a provider of legally compliant and audited tax reports for the treatment of digital assets, reveals that it has acquired $10 million in capital as part of Series A round. Blockpit’s investment round has reportedly been led by MiddleGame Ventures (MGV) along with… Read More

July 12, 2021 @ 7:29 am By Omar Faridi  |  

UK-based business banking platform Tide has secured more than $100 million in capital through a Series C round (at a $650 million valuation). Tide, which has helped around 350,000 SMEs and opened more than 410,000 business accounts since it launched operations in the United Kingdom… Read More

July 11, 2021 @ 10:59 pm By Omar Faridi  |  

Fenchurch Legal, a litigation finance provider, has reportedly joined European P2P lending platform Mintos and will be offering new investment opportunities. As mentioned in an update from Mintos, dated July 8, 2021, the platform continues to add new cooperation partners. It also remains focused on… Read More

July 10, 2021 @ 7:24 pm By Omar Faridi  |  

The European Commission reveals that it has approved the merger request from the P27 Nordic Payments initiative in order to form its pan-Nordic payments platform. This latest approval from the European Commission marks a key milestone for the project which is focused on working towards… Read More

July 10, 2021 @ 4:57 pm By Omar Faridi  |  

After selling its proprietary lending technology to banking institutions, Funding Xchange has decided to launch an FXE Technology unit. The FXE Technology division for lenders will offer affordability and eligibility assessments, along with portfolio monitoring services after loans have been issued. Funding Xchange Co-founder and… Read More

July 9, 2021 @ 2:51 pm By Omar Faridi  |  

The last generation ONE wallet, a newly-launched mobile wallet by Postbank Bulgaria, a member of the Eurobank Group, is the latest service created with assistance from global tech firm, Software Group . Based on Software Group’s Mobile Wallet platform, ONE wallet is a last-generation high-tech… Read More