Tagged: europe

May 30, 2021 @ 4:41 pm By Omar Faridi  |  

Railsbank, an established embedded finance platform, has reportedly hired Ben Smith as General Manager for Australia as the banking-as-a-service (BaaS) platform expands operations across the Asia Pacific (APAC) region. Smith has earned a degree in Chemistry from The University of Manchester before he moved to… Read More

May 30, 2021 @ 2:34 pm By Omar Faridi  |  

Total trade volume between Qatar and the United Kingdom reportedly reached £7 billion last year, even though there were restrictions in place (partly due to COVID). The strong trading activity is also being reported after various challenges related to the pandemic and resulting socioeconomic uncertainty,… Read More

May 29, 2021 @ 8:15 pm By Omar Faridi  |  

Baloise, a Swiss insurance holding firm, has introduced its mobility accelerator with the goal of supporting innovative projects launched by early-stage startups under the new tagline Mobility@Baloise. This latest initiative from Baloise (in Switzerland) has come as the company launches its information platform, which has… Read More

May 29, 2021 @ 3:26 pm By Omar Faridi  |  

CoinShares (Nasdaq First North Growth Market: CS), Europe’s largest digital asset investment firm with $3.7B in AUM, as of May 27, 2021, recently revealed that it has made an investment in Viridi Funds (Viridi), an “emerging” fund manager. CoinShares‘ management noted that it will be… Read More

May 29, 2021 @ 2:36 pm By Omar Faridi  |  

UK’s JustUs, a peer to peer (P2P) lending platform, has announced that it will be launching operations in the US in 2022 (on a state-by-state basis). We're coming to America ! #GlobalP2P @JustUsCrowd #Moneybrain #BiPS https://t.co/Dk2U4YIvjq — Lee Birkett (@MrLeeBirkett) May 27, 2021 Lee Birkett,… Read More

May 28, 2021 @ 1:10 pm By Omar Faridi  |  

We recently connected with Yann Murciano, CEO at UK-based Blend Network, an online peer to peer (P2P) lender. Murciano talked extensively about the “unbundling” of banking and FinTech, and how now we are witnessing the “rebundling” of banking and FinTech again. He pointed out that… Read More

May 28, 2021 @ 8:18 am By Omar Faridi  |  

UK’s easyMoney, the investment platform from Sir Stelios Haji-Ioannou’s easy family of brands claims that it has “never lost a penny on its loans.” This, after over three years since its entry into the markets. However, easyMoney’s management states that their record of having no… Read More

May 28, 2021 @ 7:44 am By Omar Faridi  |  

Checkout.com, a Cloud payment provider, revealed on Thursday (May 27, 2021) that it has  established a business office in Barcelona, in order to serve as its headquarters for operations across Southern European markets. Key markets for Checkout.com will include Spain, Portugal, Italy and Greece, the… Read More

May 28, 2021 @ 7:40 am By Omar Faridi  |  

The team at UK-based Sourced Capital, the home of property-backed peer to peer investing, notes that diversifying assets in an investment portfolio to address and mitigate the effects of market volatility is a widely-adopted practice. If you are looking to hedge against volatility in equity… Read More

May 27, 2021 @ 10:25 pm By Omar Faridi  |  

A lot has changed in the United Kingdom’s mortgage market during the past few months, the team at Landbay. an online finance platform for buy to let mortgages, has noted in a blog post. These changes have had a significant impact on all parties involved,… Read More

May 27, 2021 @ 9:32 pm By Omar Faridi  |  

ThinCats, a UK-based lending platform, had published a blog post earlier this month asking whether historically low insolvency rates are “disguising the real financial health of mid-sized businesses.” The ThinCats team has carefully examined insolvency rates across over 400,000 mid-sized SMEs as part of their… Read More

May 27, 2021 @ 5:33 pm By Omar Faridi  |  

Modulr, a Payments as a Service API Platform for digital businesses, notes that embedded financial services can be considered the fourth platform. UK-based Modulr writes in a blog post that embedded financial services have kicked off an “exciting innovations race.” The company also mentions that… Read More

May 27, 2021 @ 8:26 am By Omar Faridi  |  

Gregoire de Lestapis, CEO of October (Spain), a European online lender, recently noted that Spain is a country with many SMEs. Gregoire revealed during a recent interview that Spanish SMEs “account for 99% of the total companies in the country, and 70% of employment and… Read More

May 27, 2021 @ 1:17 am By Omar Faridi  |  

Ealier this month, the team at UK-based CapitalRise, a prime property lending platform, had announced a multi-million pound loan advancement for luxury Ealing development. As mentioned in a blog post by CapitalRise, the “dedicated” prime property lender had confirmed the advancement of a multi-million-pound senior… Read More

May 26, 2021 @ 10:59 am By Omar Faridi  |  

UK-based Assetz Capital, a peer-to-peer lender that originates secured loans, notes that even during the COVID-19 pandemic, typical capital raise has not been impacted in a “seemingly” large way. According to a blog post from Assetz Capital, businesses are currently looking for funding and there… Read More

May 26, 2021 @ 8:37 am By Omar Faridi  |  

UK-based LendInvest, a property finance Fintech, reveals that they’ve been an early Open Banking adopter, as part of the Buy-to-Let process, using the technology’s potential to facilitate faster deals. LendInvest Senior Underwriter, Tom Steer, recently discussed how Open Banking is working for the company’s underwriting… Read More

May 26, 2021 @ 8:24 am By Omar Faridi  |  

UK’s Paysend, the card-to-card pioneer and global payments platform, has finalized a $125 million Series B round that was led by One Peak, along with contributions from Infravia Growth Capital, Hermes GPE Innovation Fund, and existing investors including Silicon Valley-based Plug and Play. The capital… Read More

May 25, 2021 @ 11:53 pm By Omar Faridi  |  

Peer to peer lending marketplace Mintos has revealed that they’ve managed to hit a new milestone of 400 000 registered users on the platform during this quarter. For firms worldwide, the past year brought “three new time-frames by which business results are now being classified… Read More

May 25, 2021 @ 2:09 pm By Omar Faridi  |  

Open Banking is about giving users better control over their banking information. Instead of your bank hoarding the details regarding your transactions and account, users are able to decide how and when they want to share these details with other financial services providers and other… Read More

May 25, 2021 @ 1:39 pm By Omar Faridi  |  

UK-based MarketFinance, one of the world’s largest peer-to-peer (P2P) invoice finance platforms, notes that in early March 2021, Chancellor Rishi Sunak had announced the UK government’s Help to Grow program in his Spring Budget. MarketFinance notes in a blog post that the program is designed… Read More