Tagged: europe

June 8, 2021 @ 9:31 am By Omar Faridi  |  

AideXa, an Italian banking challenger for small businesses, has reportedly acquired a full banking license which was issued by the European Central Bank (ECB). Established by Roberto Nicastro, ex- GM at Unicredit, Banca AideXa aims to leverage AI and Open Banking to better serve SMEs… Read More

June 8, 2021 @ 7:32 am By Omar Faridi  |  

Bottlepay, an international payments app provider, has introduced its services across Europe, enabling clients to perform instant, cost-effective cross-border transactions with Euros and Bitcoin (BTC). The Bottlepay app leverages the Lightning Network (LN), a layer-2 Bitcoin payments scalability solution, in order to conduct faster transfers…. Read More

June 7, 2021 @ 9:20 pm By Omar Faridi  |  

Zumo confirmed on Monday (June 7, 2021) its key Signatory status of the Crypto Climate Accord (CCA), an international initiative that has been launched to harness the collective efforts of the crypto and blockchain sector to support the industry’s gradual transition to 100% renewable energy… Read More

June 7, 2021 @ 10:20 am By Omar Faridi  |  

Leading European digital asset manager CoinShares (Nasdaq First North Growth Market: CS) announced Monday (June 7, 2021) that three of the firm’s recently introduced physically-backed exchange-traded products (ETPs) have now “cross-listed on Germany’s Börse Xetra exchange.” As noted in a release from the company: CoinShares… Read More

June 7, 2021 @ 9:22 am By Omar Faridi  |  

Nium, an international B2B payments service provider, revealed on Monday (June 7, 2021) that it had signed a “definitive” agreement to acquire Ixaris, a company focused on travel payments optimization. As mentioned in a release shared with CI, the transaction is set to be finalized… Read More

June 7, 2021 @ 8:15 am By Omar Faridi  |  

PayAlly, a fully integrated payments ecosystem for small businesses, is reportedly using Banking Circle solutions to enhance its multi-currency B2B cross-border payments platform. Through the partnership, PayAlly will be able access a wider range of payment channels via the Banking Circle super-correspondent banking network. This… Read More

June 7, 2021 @ 2:57 am By Omar Faridi  |  

Peer to peer lender Mintos has shared the audited Mintos Holdings Consolidated report for 2020, which is a document “encompassing the whole group’s activities, including AS Mintos Marketplace.” As noted by Mintos, in their report, investors and stakeholders will be able to access relevant information… Read More

June 6, 2021 @ 9:39 am By Omar Faridi  |  

The team at digital bank Revolut notes that being able to work effectively in a digital environment is very important for small businesses. After a year that challenged many SMEs globally to adapt and become more flexible due to the COVID outbreak, everything from customer… Read More

June 5, 2021 @ 7:50 pm By Omar Faridi  |  

HSBC Holdings plc (NYSE: HSBC), a British multinational investment bank and financial services holding company, recently revealed that its UK division had introduced a fraud awareness app to offer businesses or companies up-to-the-minute or the latest updates on potential scams. HSBC, which is the second… Read More

June 5, 2021 @ 12:10 pm By Omar Faridi  |  

Hungary’s payments Fintech Agora Pay has introduced a smart payment acceptance service for the nation’s markets. It utilizes PAYSTRAX’s payment infrastructure and wide network of payment connections. The solution is described by Agora Pay as being highly efficient, cost-effective and it also leverages PAYSTRAX’s direct… Read More

June 5, 2021 @ 11:03 am By Omar Faridi  |  

AppGallery, a leading app marketplace, has introduced near-field communication (NFC) payments in European markets, after forming a partnership with Stocard, a leading mobile wallet provider. After teaming up with AppGallery, Stocard worked closely with Huawei to integrate Huawei Mobile Services (HMS) Core capabilities within its… Read More

June 5, 2021 @ 10:39 am By Omar Faridi  |  

After its strategic acquisition of Bolsas y Mercados Españoles (BME) last year (subject to regulatory clearance), SIX says that it will be migrating BME’s trading platform to a version of its current platform. This will help with launching the future trading platform technology for both… Read More

June 5, 2021 @ 10:37 am By Omar Faridi  |  

Adyen (AMS: ADYEN), a global payments solution provider based in the Netherlands, recently revealed that it’s expanding its local acquiring services to the United Arab Emirates (UAE). With acquiring capabilities now available in the UAE, Adyen aims to offer local and global companies with an… Read More

June 4, 2021 @ 8:18 am By Omar Faridi  |  

Finland-based Enfuce is teaming up with Visa in order to introduce a fast-track, 8-week program for European Fintech firms. The program should help companies with launching their own payment cards. Under the new program, Fintech firms can provide their clients with physical and virtual payment… Read More

June 4, 2021 @ 2:27 am By Omar Faridi  |  

Cryptocurrency ownership is on the rise across the globe and in a recent survey of nearly 3000 US adults, Bitcoin remains the “overwhelming” favorite among the scores of virtual currencies that are currently available. According to data from TradingPlatforms.com, shared with Ci, 80.7% of US… Read More

June 4, 2021 @ 12:20 am By Omar Faridi  |  

Fintech startup Lightyear has secured $1.5 million through a pre-seed funding round. The company has also introduced its waiting list for Europe’s first “truly commission-free” investment platform. As noted in a release shared with CI, Lightyear‘s platform is scheduled for roll out in Q3 2021…. Read More

June 3, 2021 @ 11:57 pm By Omar Faridi  |  

UK-based Blend Network, a peer to peer lending platform, revealed on Monday (June 1, 2021) that it funded its “largest-ever” project to date, a £5,630,000 Gross Development Value (GDV) project based in Dorset. As mentioned in a note shared with Crowdfund Insider, Blend Network “agreed… Read More

June 3, 2021 @ 7:41 am By Omar Faridi  |  

Switzerland-based Fintech firm neon has secured 7 million CHF (appr. $7.78 million) from existing investors and has also launched a crowdfunding round for clients. The neon team notes: “Excessive fees, inflexible opening times, too much bureaucracy and complicated apps. To us, it was clear: it… Read More

June 3, 2021 @ 7:36 am By Omar Faridi  |  

Sentinels, the Dutch company behind an AI-enhanced transaction monitoring system, has secured €5.7 million through a seed funding round. As explained on the company’s website: “Sentinels optimizes your existing anti-money laundering and transaction monitoring processes at the root by generating real-time actionable client insights. Your… Read More

June 2, 2021 @ 11:27 pm By Omar Faridi  |  

Carrousel Digital, the London-headquartered financial boutique, and its partner, Paris-based Marbeuf Conseil et Recherche, the digital security developer, have introduced Moneytak, a system that supports the transfer of funds or documents between two digital objects without needing a connection to a server when the transaction… Read More