Tagged: europe

May 12, 2021 @ 7:56 am By Samantha Hurst  |  

Tink, a Sweden-based fintech that provides APIs to create next-generation banking services, announced on Tuesday it has entered a European open banking partnership with American Express to improve the onboarding process for new cardmembers. Through the partnership, Tink will integrate open banking technology into the… Read More

May 12, 2021 @ 7:36 am By Omar Faridi  |  

UK’s Tide, an established business financial platform, and Sage, a provider of Cloud business management software, revealed on Wednesday (May 12, 2021) that they’ve teamed up to offer integrated banking and accounting solutions to Tide members. Developed specifically for users taking their initial steps towards… Read More

May 11, 2021 @ 11:00 am By JD Alois  |  

The German Bundestag recently reviewed legislation that will implement the European Crowdfunding Service Provider Regime Regulation (ECSP). According to industry participants, the German rules may fundamentally undermine online capital formation in the country just as the European Union is poised to boost the industry with… Read More

May 11, 2021 @ 7:44 am By Omar Faridi  |  

Railsbank, an established Banking-as-a-Service (BaaS) platform, has teamed up with RationalFX, a UK payments and foreign exchange provider. Through the partnership with Railsbank, RationalFX will be strengthening its product offering in European markets. Railsbank now offers ledger and payment services that will allow RationalFX’s clients… Read More

May 11, 2021 @ 7:41 am By Omar Faridi  |  

Digital bank Revolut, one of the fastest-growing Fintechs with over 15 million customers, revealed on May 11, 2021, that it has integrated with Elliptic, a provider of digital asset risk management and blockchain analytics software. This partnership should allow Revolut to expand its cryptocurrency offering…. Read More

May 11, 2021 @ 1:23 am By Omar Faridi  |  

Finastra, a financial services software and Cloud-enabled solutions provider, has decided to extend its partnership with Be | Shaping the Future, a global group offering consulting, IT and digital engagement services to the financial services sector. The partnership extension should see Be offering managed services… Read More

May 11, 2021 @ 12:17 am By Omar Faridi  |  

Insig AI, an AI and machine learning firm serving the asset management sector, has officially introduced its services (May 10, 2021), after the company’s listing on the AIM London Stock Exchange. Insig AI is a data science and machine learning (ML) solutions provider that offers… Read More

May 10, 2021 @ 10:57 pm By Omar Faridi  |  

EML Payments Ltd (ASX: EML) (S&P/ASX 200) reports that it remains focused on its evolution as a diversified payments and digital banking enabler. EML supports Fupay’s cash flow management and Millennial credit product (based in Australia). EML has now decided to transition to the next… Read More

May 10, 2021 @ 7:07 am By Omar Faridi  |  

Fronted, the rental deposit lending company, has reportedly secured more than £1 million as part of a debt and equity deal, which increased the firm’s total funds raised to £2 million. Co-founders of UK-based banking challenger Monzo, Paul Rippon and Gary Dolman, who were serving… Read More

May 10, 2021 @ 7:03 am By Omar Faridi  |  

Suterusu, the first layer-2 privacy protection protocol that doesn’t need a trusted setup, has reportedly received a strategic investment from Dialectic. Dialectic’s management noted that they’ve been quite impressed by Suterusu’s ability to adapt and evolve the protocol “very quickly.” As a multi-chain “Maximalist,” Dialectic… Read More

May 9, 2021 @ 11:18 pm By Omar Faridi  |  

European peer-to-peer lending platform Bondora recently revealed that it has issued more than €9 million in loans in April 2021, which is reportedly “the highest in 1 year.” The Bondora team writes in a blog post (published on May 6, 2021) that this month, loan… Read More

May 9, 2021 @ 10:51 pm By Samantha Hurst  |  

Alphagreen, a European CBD marketplace, is set to close its equity crowdfunding campaign on Seedrs with more than £1.9 million raised. Originally seeking £1 million, the investment round has already attracted over 560 Seedrs investors.  As previously reported, Alphagreen Group describes itself as a high-growth technology and pharmaceutical… Read More

May 9, 2021 @ 2:17 pm By Omar Faridi  |  

Peer to peer (P2P) lending has been a relatively popular or widely-adopted business model and it has seen many new platforms attempting to offer these types of services, the Debitum team writes in a blog post. However, Debitum, a Lithuanian platform offering borderless SME financing,… Read More

May 8, 2021 @ 3:27 pm By Omar Faridi  |  

France-based Shift Technology, an SaaS provider of AI-enhanced decision automation and optimization solutions for the insurance sector, recently revealed that it has finalized a $220 million Series D funding round. Shift Technology‘s latest investment round brings total investment in the company to $320 million along… Read More

May 7, 2021 @ 11:17 pm By Omar Faridi  |  

UK Finance (a trade association for the UK banking and financial services sector that represents around 300 firms in the UK providing credit, banking, markets and payment-related services), Which? (an organization that reviews products and services, so that you “make the best purchase decisions” for your… Read More

May 7, 2021 @ 2:02 pm By Samantha Hurst  |  

  Bitpanda, a Vienna-based digital investment platform, announced on Friday it secured an additional €10 million as an extension of its Series B investment round, which was announced last month. The investment round, which intentionally raised $170 million and increased the company’s valuation to $1.2bn as… Read More

May 7, 2021 @ 1:40 pm By Samantha Hurst  |  

    Tink, a Sweden-based fintech that provides APIs to create next-generation banking services, announced earlier this week it has formed a new partnership with payments technology provider Tribe. According to Tink, the partnership will enable Tribe to combine its issuer and acquirer services, with… Read More

May 7, 2021 @ 12:34 pm By Omar Faridi  |  

F10 Switzerland has reportedly graduated its second acceleration batch during an online startup event with several well-known attendees from the investor and corporate sector. F10 Switzerland is now accepting applications for its third accelerator – which aims to support sustainable finance and various services for… Read More

May 7, 2021 @ 9:00 am By Omar Faridi  |  

Research from Buy Now Pay Later (BNPL) service provider, Clearpay, reveals that Gen Z and Millennials may have been hit the hardest by the COVID-19 crisis, however, they’re the most financially savvy generation in the United Kingdom. Around 68% of Gen Z and 61% of… Read More

May 7, 2021 @ 8:49 am By Omar Faridi  |  

Fintech firm Nivaura has served as the London Stock Exchange Group’s (LSEG) partner in the development of the group’s digital primary DCM Flow platform. The DCM Flow platform’s efficiency and validity have reportedly undergone testing with its use in a $7 billion syndicated issuance by… Read More