Tagged: europe

May 15, 2020 @ 2:42 pm By Samantha Hurst  |  

Hong Kong-based cryptocurrency platform Crypto.com announced on Friday its MCO Visa card is now shipping to a total of 31 countries in Europe. The platform claims it is the only crypto card provider offering cards in Asia, the full EU, and the U.S. Crypto.com reported… Read More

May 15, 2020 @ 7:00 am By Omar Faridi  |  

Although certain Fintech firms may be dealing with a funding freeze or they may be generating lower revenues, the UK’s financial technology industry most likely won’t experience as many problems due to COVID-19, when compared to other sectors. This, according to a recent report from… Read More

May 14, 2020 @ 4:21 pm By Omar Faridi  |  

Danish small business accounting platform Billy aims to leverage Open Banking technology and processes, in order to gain access to SMEs’ data from banks. Billy aims to use its cloud platform to transform how SMEs perform their accounting work. Billy claims around 18,000 customers in… Read More

May 14, 2020 @ 7:41 am By Omar Faridi  |  

Germany-based neobank Bitwala will allow its 80,000+ customers to buy, hold, and earn interest on Bitcoin through their bank accounts. Bitwala’s new cryptocurrency service is being offered through a partnership with the developers of the Celsius Network, a major digital assets lending platform. DefiPrime data… Read More

May 9, 2020 @ 5:34 pm By Omar Faridi  |  

Zurich-based Numbrs, a mobile banking app provider, will be laying off 62 employees after investors backed out of a deal to allocate funds toward the development of the firm’s business. In August 2019, the Fintech firm claimed that it was valued at around CHF 1… Read More

May 8, 2020 @ 7:46 am By Omar Faridi  |  

Sweden-based banking challenger Rocker has reportedly chosen Enfuce, a Finland-headquartered Fintech firm, as its official card issuing and payment processing partner. The move should streamline processes involving the issuance of Visa prepaid cards. The news has come after Rocker (previously operating as Bynk) introduced a… Read More

May 7, 2020 @ 11:54 pm By Omar Faridi  |  

A recent report from Rand (Research And Development) Corporation, an American non-profit global policy think tank that’s funded by the US government (and private endowment corporations, universities, and private individuals), claims that Bitcoin (BTC), the flagship cryptocurrency, is being used to carry out a relatively… Read More

May 7, 2020 @ 11:02 pm By Omar Faridi  |  

Bittrex Global, Bittrex’s European digital asset exchange partner, revealed on May 5, 2020 that it will be issuing an exchange token next month. Founded in October of last year and based in Liechtenstein, the cryptocurrency trading platform has been built using the same technology stack… Read More

May 7, 2020 @ 9:56 am By Omar Faridi  |  

German Fintech Finleap‘s proprietary platform, Finleap Connect, has introduced a white-label mobile banking app that businesses can quickly launch with their own company name and  branding. Finleap’s virtual banking app allows users to maintain an all-digital account, which may be used to conduct e-commerce transactions… Read More

May 7, 2020 @ 7:39 am By Omar Faridi  |  

Estonia-headquartered AskRobin, a Fintech firm that manages a financial services marketplace for underbanked Latin American clients, has secured $1.7 million in capital. AskRobin’s seed round received contributions from several venture capital funds, including BENE Asia Capital, Change Ventures, Lemonade Stand, and Vereeni Early Stage Fund…. Read More

May 6, 2020 @ 7:13 am By Omar Faridi  |  

  Switzerland-based firm Alpian has secured CHF 12.2 million (appr. $12.54 million) through a Series A investment round. The funds raised will be used to establish a digital-first private bank, which will cater to the nation’s affluent market. As noted in a company release: “Independent… Read More

May 5, 2020 @ 12:44 pm By Samantha Hurst  |  

Getsafe, a Germany-based insurtech startup, is reportedly delaying expansion into other European markets due to the COVID-19 pandemic. This news comes just a few months after Getsafe announced its expansion into the UK. As previously reported, Getsafe claims it is looking to reinvent insurtech and is… Read More

May 5, 2020 @ 12:25 pm By Omar Faridi  |  

Germany-based Black Manta Capital Partners, a security token offering (STO) platform, has teamed up with Finoa, a digital asset custody firm, in order to offer custody solutions for security tokens to institutional clients. Both companies aim to work together to create a compliant security token… Read More

May 5, 2020 @ 8:24 am By Samantha Hurst  |  

Digital-only bank platform N26 announced on Monday it secured more than $100 million through its extended Series D funding round, bringing its total amount raised through the investment to $570 million. Founded in 2013 and launched in early 2015, N26 claims it is building the… Read More

May 5, 2020 @ 7:08 am By Omar Faridi  |  

Luxembourg-based Open Banking firm LuxHub has secured €7.4 million from its founder banking institutions, which include Banque Raiffeisen, BGL BNP Paribas, Post Luxembourg, and Spuerkeess. Established a few years back by these four banks, LuxHub claims it has assisted around 40 financial service providers with… Read More

May 3, 2020 @ 8:25 pm By Omar Faridi  |  

Sygnum Bank, a licensed digital asset bank, confirmed on April 30, 2020, that XRP digital tokens will be available through its banking services platform. Customers now have the option of depositing, trading, and accessing credit services using the XRP cryptocurrency. Headquartered in Switzerland, the FINMA-licensed… Read More

May 2, 2020 @ 10:28 am By Omar Faridi  |  

Magyar Nemzeti Bank (MNB), the reserve bank of Hungary, has released its very first Fintech and Digitalization Report, which looks into the state of financial technology adoption and the level of digitalization across the nation’s banking ecosystem. The report revealed that there are at least… Read More

May 1, 2020 @ 1:14 pm By Omar Faridi  |  

European trade repository REGIS-TR, which is a joint initiative established by the Clearstream (Deutsche Börse Group) and Iberclear (BME Group), will partner with Sensiple, a company offering regulatory technology (Regtech) for making repurchase agreements and facilitating secure lending. Through the partnership, REGIS-TR and Sensiple plan… Read More

May 1, 2020 @ 11:48 am By Omar Faridi  |  

Amsterdam-based banking challenger Finom, which aims to serve entrepreneurs and SMEs, has secured €6.5 million in seed funding through an investment round led by Target Global. General Catalyst, FJlabs, the Raisin founders Frank Freund, Tamaz Georgadze, and Michael Stephan also took part in Finom’s funding… Read More

April 30, 2020 @ 8:23 am By Omar Faridi  |  

The San Francisco-based developers of Brave, an open-source, privacy-oriented Internet browser, have submitted a complaint which asks the European Commission to take quick action against European Union-based government agencies that are not protecting the data and privacy of local residents. Brave’s complaint was filed on… Read More