Tagged: europe

September 30, 2020 @ 9:33 pm By Omar Faridi  |  

Electronics giant Samsung has teamed up with Visa and Solarisbank, a German banking platform, in order to allow residents in Germany to link their accounts to contactless mobile payments services. Customers who sign up for Samsung Pay will get a virtual Visa debit card that… Read More

September 29, 2020 @ 7:51 am By Omar Faridi  |  

Open Banking solutions are increasingly being adopted globally and also in the United Kingdom, where user numbers have doubled to around 2 million during the past 6 months. The Open Banking Implementation Entity (OBIE), an organization established by the UK’s Competition and Markets Authority (CMA)… Read More

September 28, 2020 @ 2:58 pm By Omar Faridi  |  

Claire Gillespie, Digital Technology Skills Manager at Skills Development Scotland, recently explained that apprenticeships or training programs can really help the Fintech sector with making a recovery and also substantial progress after the pandemic has passed (even though it’s still not clear if/when this will… Read More

September 26, 2020 @ 6:21 pm By Omar Faridi  |  

Apple (NASDAQ:AAPL) recently noted that new legislation might require that it opens up its proprietary Apple Pay technology to various third-parties. The tech giant, which recently became the world’s first company to surpass the $2 trillion market cap mark, claims that allowing others to closely… Read More

September 25, 2020 @ 5:55 pm By Omar Faridi  |  

Sophie Robé, CFA and Impact Investing Adviser and Investment Consultant from Amsterdam, Netherlands, has confirmed the official launch of FIIND Impact, which is described as an independent investment consultant and advisor that aims to strategically combine impact and financial expertise. FIIND Impact aims to help… Read More

September 25, 2020 @ 4:34 pm By Omar Faridi  |  

Enrico Vigano, CFA and CEO and Founder at FinDynamic (from Milan Area, Italy), notes that a new Fintech tool has been introduced which aims to support supply chains. Vigano confirmed that Diners Club Italia and FinDynamic (a company offers an “innovative form of supply chain… Read More

September 25, 2020 @ 7:56 am By Omar Faridi  |  

Hristo Borisov, the co-founder and CEO at Payhawk, a firm that issues “next-generation” company cards with automated expense management, says that he’s happy to see “another strong story and exit from the diaspora.” Borisov notes that “serving developers is one of the most rewarding experiences,… Read More

September 24, 2020 @ 10:14 pm By Omar Faridi  |  

  Full-time equivalent employee growth in the blockchain and digital asset sector has slowed down following the 2017 cryptocurrency bull market, according to the findings of the 3rd Global Cryptoasset Benchmark Study by the Cambridge Centre for Alternative Finance (released in September 2020 by the… Read More

September 23, 2020 @ 7:37 am By Omar Faridi  |  

Thomas Gottstein, CEO at Credit Suisse Group AG, a global wealth manager, says that he expects business activity in the wealth management sector to slow down during the third quarter of this year. However, he believes that overall revenue and trading will continue at the… Read More

September 22, 2020 @ 1:00 am By JD Alois  |  

Finch Capital has published a report on Fintech during a challenging time due to COVID-19. The annual State of European Fintech report for 2020 indicates that Fintech is a resilient European Tech growth engine.  For now. Radboud Vlaar, Managing Partner at Finch Capital, says that… Read More

September 20, 2020 @ 11:00 pm By Omar Faridi  |  

Latvia-based peer to peer (P2P) lender Grupeer noted on August 31, 2020, that it had provided an update regarding the current status with the repayments and debt collection processes on its platform. The Grupeer team had confirmed that, as its clients already know, since April… Read More

September 19, 2020 @ 5:13 pm By Omar Faridi  |  

Singapore, Helsinki (in Finland) and Zurich (in Switzerland) have been named as the world’s “smartest” cities during this year. They’ve managed to outperform other major European and global financial hubs, according to the Smart City Index Report for 2020. Geneva is another Swiss city that… Read More

September 19, 2020 @ 4:12 pm By Omar Faridi  |  

UK Fintech and stealth bank TransferWise notes that whether you’re in Budapest, Bangkok or Pisco, you’ll now be able to receive Hungarian forints directly into your TransferWise account — the same way that a local would receive the funds. The TransferWise team clarified that this… Read More

September 19, 2020 @ 9:55 am By Omar Faridi  |  

October, a leading European online lender, notes that in the past 5 years, it has issued over 450 million euros in loans to different companies. The marketplace lender reveals that 100 projects, or 10% of all projects that have received loans through its platform, were… Read More

September 18, 2020 @ 6:34 am By Omar Faridi  |  

Eastern Europe has the fourth-largest cryptocurrency market in terms of total transaction volume, according to Chainalysis’ research. Ukraine and Russia, which are also part of the Eastern European region, have been ranked quite high on Chainalysis’ Global Crypto Adoption Index. It takes into consideration a… Read More

September 18, 2020 @ 5:32 am By Omar Faridi  |  

Dana Farrugia, CEO at Tech.mt, a Żejtun, Malta-based IT company that was established last year by the Southern European island nation’s government, notes that her organization aims to help Malta with attracting foreign direct investment (FDI). It also aims to support international business development projects. Farrugia… Read More

September 17, 2020 @ 9:46 am By Samantha Hurst  |  

Pleo, a Denmark-based fintech startup, announced on Thursday it is now offering Apple Pay to its European and UK customers. Pleo reported the new capability will allow its business users to sync their Pleo credit card with Apple ePay and make payments from their Apple… Read More

September 16, 2020 @ 7:41 am By Omar Faridi  |  

Germany has one of the world’s most active Fintech sectors. It has become increasingly competitive with many new ventures being launched. There are more than 800 Fintech firms in Germany and $2.2 billion has been invested into the sector between January 2019 and August 2020,… Read More

September 16, 2020 @ 7:35 am By Omar Faridi  |  

Luxembourg based Fintech firm LUXHUB has partnered with Zürich-headquartered Swiss Infrastructure and Exchange (SIX) Group AG, the operator of Switzerland’s stock exchange. According to a release, the SIX Group will be using LUXHUB’s Open Banking technology. As mentioned in the announcement: “SIX continues to invest… Read More

September 15, 2020 @ 11:53 pm By Omar Faridi  |  

The digital technology sector in Scotland has reportedly been growing as fast (if not faster) than that of London and the South East for the past few years. E-commerce giant Amazon is now planning to create new jobs for the residents of Dundee and Fife…. Read More