Tagged: europe

Outdated Process for Setting up Venture Capital Funds has been Entry Barrier for “New Voices” in the Business, Carta Explains

San Francisco-based Carta, a firm that helps private and public companies, investors, and employees manage equity and ownership, notes that VC investors have underwritten “massive transformations in technology, society and culture.” However, there have been certain changes to the actual investment process, Carta explains. Although… Read More

SPACs and Real Estate Crowdfunding: Berlin’s iFunded, Klickown are Partnering Investunity AG so they Can Soon be Listed

Crowdinvesting or crowdfunding for real estate has long been considered a major potential market. However, there are a number of platforms that have downsized during the past year, even some established players like Exporo. Notably, the first Germany-based firm that’s set to go public through… Read More

Assetz Capital Reveals that Women are Less Likely to Invest than Men, P2P Lender to “Challenge” Gender Investment Gap

Assetz Capital, a peer-to-peer lender that originates secured loans, asks why there are only 20% of women investing via online platforms. As mentioned in a blog post by Assetz Capital, there’s a “misconception” that investing is suitable or appropriate for only a “certain type” of… Read More

EstateGuru Reports €320.2M in Total Financed Loans Since 2014, 7.7% Default Rate but No Expected Capital Loss

EstateGuru, an Estonia-based peer-to-peer lender facilitating secured loans, has released its loan portfolio overview report for the month of February 2021. EstateGuru reports that in February, they continued to apply their “proactive” business model, and this led to the financed loan amount exceeding €10M (again),… Read More

Overfunding: London Fintech Platform DMALINK Secures £146,252 (or 146% of its target) from 273 Investors, 16 Days Left Until Sale Ends

DMALINK, which develops technology for creating an open, transparent and accessible currency market for banks, funds, corporations, had planned to raise £100,013 via Seedrs. There are 16 days left to invest in DMALINK’s operations and the company has already secured £146,252 (or 146% of its… Read More

UK Fintech MultiPay has Officially Launched its Digital Payments Services, Allowing Clients to Settle Transactions from Anywhere

UK-based payments Fintech MultiPay has officially launched its services, which allow clients to accept payments from anywhere in the world. Digital commerce transactions in the United Kingdom have surged over 45% during the COVID-19 pandemic. Meanwhile, physical in-store payments have declined during the same time… Read More

Bulgarians can Now Send and Receive Money “Instantly for Free” with Settle, Co-Founder at Management Financial Group Confirms

Stanimir Vassilev, Co-Founder at Management Financial Group (MFG), reveals that Settle is now live in Bulgaria. Vassilev confirmed that Bulgarians are now able to send and receive money “instantly for free” with this new Fintech app that requires “no top-up.” He also mentioned that local… Read More

Open Banking Payments Platform Token and BNP Paribas to Support Financial Transactions with SEPA, PSD2 APIs

Open Banking payments platform, Token, and BNP Paribas (EPA: BNP), a French international banking group that’s ranked as the 8th largest bank in the world in terms of total assets (appr. €2 trillion), have introduced an online payments service which aims to leverage the power… Read More

Tech focused VC Investments in Europe Remain Strong, SPACs are Hottest Trend, while Chinese Online Lending Crackdown Continues: Report

Finch Capital, a venture capital firm, recently finalized a €150 million fund to invest in Series A and B deals across Europe. The firm with its Amsterdam and London offices currently has €85 million in capital that is ready to deploy for its “Europe III”… Read More

Investment App Change Notices Significant Increase in Shares; Up to 782% in the Past Four Months

  Change, a Northern Europe-based investment app, announced on Wednesday a  a 782% increase in the price of its shares since the company began trading on global equity funding and trading platform Funderbeam. Change reported it listed a portion of their shares in November 2020 and… Read More

European Commission Calls for a Digital Decade

The European Commission has shared its vision for the digital transformation of Europe by 2030. The policy initiative is an all-encompassing approach to many aspects of the economy and daily existence. The EU states that this builds on the Commission’s digital strategy of February 2020…. Read More

Crypto Analysts Say We’re Far Away from Bitcoin and Wider Digital Assets Market Top: Report

The rollercoaster ride that is Bitcoin’s (BTC) and the wider crypto market’s latest rally has some wondering if we’re nearing a market top. However, Kraken analysts are not convinced that we’ve reached the top just yet. Kraken Intelligence, the US-based digital asset exchange’s team of… Read More

New UK Fintech Visas May Create Problems Unless they’re Properly Designed to Support Controlled Migration, Legal Experts Claim

A new United Kingdom Visa to attract Fintech experts might lead to undesirable results unless the government figures out how to effectively deal with some of the potential issues, according to analysts. Rishi Sunak, the Chancellor of the Exchequer, noted in Wednesday’s (March 3, 2021)… Read More

Digital Banking Challenger Starling Secures £272M via Series D led by Fidelity, Reports £1.1B Pre-Money Valuation

UK-based Fintech challenger Starling Bank has secured £272 million in capital via a Series D funding round led by Fidelity Investments. Starling Bank reported a £1.1 billion pre-money valuation. This latest investment round diversifies Starling’s slate of institutional investors to include some of the largest… Read More

Blockchain Nation Switzerland Initiative Launched with Support from Innosuisse and Swiss Innovation Agency

The Swiss Blockchain Federation has introduced the NTN Innovation Booster, called the Blockchain Nation Switzerland program, which is a 4-year initiative that has been co-funded by the Swiss Innovation Agency and Innosuisse. The Blockchain Nation initiative will be focused on promoting and supporting blockchain or… Read More

Switzerland’s Fintech Sector Continues to Grow but Certain Segments have been Stalling: Report

Although the Swiss Fintech sector continued to grow last year, a closer examination suggests that certain segments showed signs of stalling or becoming a bit stagnant. It’s one of the main findings of this year’s Fintech research study by the Lucerne University of Applied Sciences… Read More

UK Research and Innovation Initiative to Invest £153M in Quantum Tech which will Significantly Impact Financial Services

The UK government, via the UK Research and Innovation (UKRI), is planning to invest £153 million, in order to create new products and services that are based on recent advancements in quantum technologies. Quantum tech is expected to have a major impact on the financial… Read More

Digital Banking Challenger Revolut Provides Updates on its Work from Home Policies, Claims to Employ Professionals from Over 100 Nationalities

Prominent digital bank Revolut is offering the opportunity to get a 1-month trial of the Revolut for Company Grow plan or Revolut for Freelancer Pro plan for free. To take advantage of this offer, users need to upgrade their plan to Company Grow or Freelancer… Read More

UK’s Banking Challenger Monzo Explains how it’s Rolling Out its Financial Services to US Customers

Monzo, a UK based digital bank that recently raised £50 million as part of a Series G extension,  recently explained that it basically offers a mobile banking platform that “puts you in control of your money.” While clarifying whether Monzo is, by definition or legally… Read More

SPACs: New UK Proposals for Rule Changes for London Special Purpose Acquisition Companies Could Help Attract More Tech Firms

The United Kingdom might reportedly consider making several key changes to London’s current listing rules post-Brexit. The country aims to remove a barrier that has prevented special purpose acquisition companies (SPACs) from choosing the European nation. The updates are meant to attract technology-focused public offerings…. Read More

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