Tagged: europe

June 30, 2021 @ 11:10 am By Omar Faridi  |  

Tomato Pay, a newly-launched QR-code payment and invoicing app, is currently available for use in the United Kingdom. The Fintech app is intended for small businesses and sole traders. As noted by the firm’s management: “Tomato Pay is a simple, QR-code based payments and invoice… Read More

June 30, 2021 @ 7:34 am By Omar Faridi  |  

The team at UK-based Blend Network, a peer-to-peer lending platform, notes that recent market developments in the United Kingdom have seen investors preparing for expected growth and may also want to watch out for inflation. As mentioned by Blend Network, headlines and concerns regarding inflation… Read More

June 30, 2021 @ 7:25 am By Omar Faridi  |  

Switzerland-based Fintech firm neon has reportedly secured 5 million CHF through a crowd investing campaign that lasted for less than an hour. 🚀 oder 🛸Das war wirklich Wahnsinn. Wir sind überwältigt! Der Staub setzt sich gerade und unser Adrenalin auch grad dazu….🙌💗 pic.twitter.com/jG7xSJj5Qd — neon… Read More

June 29, 2021 @ 11:07 pm By Priyanka Pani  |  

IDBI Intech Ltd, the technology services arm of Indian lender IDBI Bank, is looking to expand its operations into markets such as Europe, South East Asia, and Japan. The company, which provides tech and digital regulatory compliance services, is looking to acquire a few fintech… Read More

June 29, 2021 @ 9:40 am By Omar Faridi  |  

After the receipt of its provisional banking license back in 2019, Capital International Bank has managed to acquire the full Class 1(2) banking license under the Alternative Banking Regime (ABR) from the Isle of Man’s Financial Services Authority. Obtaining this permit means that the company… Read More

June 29, 2021 @ 9:27 am By Omar Faridi  |  

SEI (NASDAQ:SEIC) revealed on Tuesday (June 29, 2021) that it has decided to extend its contract with UK-based wealth management firm Netwealth Investments Ltd for another 5-year period. As noted on SEI’s official website: “It’s one thing to help someone achieve success. It’s another to… Read More

June 29, 2021 @ 8:23 am By Omar Faridi  |  

Fintech firm Klarna has chosen embedded business finance platform Liberis in order to help it with providing its digital commerce customers with revenue-based financing options. The deal between Liberis and Klarna will see the BNPL Fintech company’s 250,000+ merchant partners in 17 different countries provided… Read More

June 29, 2021 @ 6:33 am By Omar Faridi  |  

Stripe, a global tech firm which offers economic infrastructure for the Internet, reveals that it has been chosen by Hargreaves Lansdown, the United Kingdom’s leading digital wealth management service provider. Stripe will serve as Hargreaves Lansdown‘s main payments partner. Hargreaves Lansdown has selected Stripe for… Read More

June 29, 2021 @ 6:13 am By Omar Faridi  |  

DIGITEC, the international standard for carrying out foreign exchange (FX) Swaps and NDF pricing and data, reveals that it has established a new London office, which will be led by Stephan von Massenbach who joins the company as MD, Chief Revenue Officer. Part of DIGITEC’s… Read More

June 28, 2021 @ 1:06 pm By Omar Faridi  |  

Equifax UK revealed on Monday (June 28, 2021) that they have appointed Phil McGilvray to serve as the new Managing Director for the firm’s Debt Services business, which incorporates TDX Group and Indesser. An experienced commercial leader with a career of over 20 years focused… Read More

June 28, 2021 @ 7:43 am By Omar Faridi  |  

Slovenská sporiteľňa, which is one of the largest commercial banks in Slovakia, has reportedly selected FICO Decision Optimizer in order to enhance profitability while also improving portfolio management for its existing cash loan portfolio. By using FICO’s advanced AI-enhanced optimization, the banking institution will be… Read More

June 28, 2021 @ 7:39 am By Omar Faridi  |  

The spin-off of Fintech firm Tinka, a deferred payments provider, has initiated a new phase in the digital and business transformation of former Wehkamp Finance. Tinka aims to simplify customer purchases with deferred payment options and also by offering installment plans for retailers based in… Read More

June 27, 2021 @ 11:29 pm By Omar Faridi  |  

Emma, a company that’s on a mission to be the control center for your money, has secured  £1,889,342 from 2,588 Investors (at the time of writing) via Crowdcube. Backed by Connect Ventures and other leading VCs, Emma had a £1,000,000 fundraising target. Emma reports a… Read More

June 27, 2021 @ 10:21 pm By Omar Faridi  |  

UK-based Assetz Capital, a peer-to-peer lender that originates secured loans, notes that it’s pleased to be offering a summer rate “reduction of 0.45%” across all of its loan products to borrowers until July 31, 2021. As mentioned in a blog post by the Assetz Capital… Read More

June 27, 2021 @ 10:00 pm By Omar Faridi  |  

FETCH, a transformative Fintech firm that’s focused on “driving efficiency & precision guest location for food & drink ordering & payments,” has acquired £1,414,473 from 246 investors (at the time of writing) via Seedrs. FETCH has now achieved 141% of its £1,000,013 target with 34… Read More

June 27, 2021 @ 4:16 pm By Omar Faridi  |  

The team at Blockchain.com, a leading crypto wallet, block explorer, and trading platform provider, recently revealed that they’re now supporting AAVE and YFI (yearn.finance) Interest Accounts at “a current annual interest rate of 8%.” In September of last year, Blockchain.com had announced support for AAVE… Read More

June 26, 2021 @ 2:42 pm By Omar Faridi  |  

PriceHubble, a B2B Proptech firm, has finalized its fourth acquisition by adding Czech Proptech company Realtify. Pricehubble is currently operating in nine different countries. As noted by its management: “PriceHubble is a PropTech company, set to radically improve the understanding and transparency of real estate… Read More

June 26, 2021 @ 2:31 pm By Omar Faridi  |  

Finlombarda Spa, the financial institution of Lombardy Italian region, will be supporting the relaunch of Lombardy economy via the Italian alternative financing project, known as “Credito F.A.C.I.L.E.”. As mentioned in an update published on June 23, 2021, by October, this acronym means “simple” in Italian… Read More

June 26, 2021 @ 12:39 pm By Omar Faridi  |  

Switzerland’s Instimatch Global, a digital platform for institutional short-term money market trading, is teaming up with Swiss Fintech FQX to complement its main offering by providing  eNotes™, which is described as a disruptive short-term financing and payment tool. As noted by its management: “FQX provides… Read More

June 25, 2021 @ 6:04 pm By Omar Faridi  |  

Doxim, the customer communications management (CCM) and engagement technology provider focused on serving financial and regulated markets, has introduced an omnichannel CCM solution in the UK. Doxim’s CCM has been designed to empower customer experience leaders and business users to own the shift from print… Read More