Tagged: europe

March 28, 2018 @ 9:23 am By JD Alois  |  

The European Securities and Markets Authority (ESMA) has banned the marketing, distribution and sale of binary options to retail investors. Simultaneously, contracts for differences (CFDs) will have a restriction on the marketing, distribution or sale to retail investors. ESMA can only introduce temporary intervention measures… Read More

February 26, 2018 @ 1:42 pm By JD Alois  |  

In a speech today delivered by European Commission Vice President Valdis Dombrovskis, the public official commented on the the EU Roundtable on Cryptocurrencies. The “debriefing” was light on details and simply shared a high level perspective of the discussion. Dombrovskis said the mission of the… Read More

February 14, 2018 @ 1:07 pm By Samantha Hurst  |  

CoverWallet, a New York-based insurtech startup, announced this week it has formed a partnership with Zurich Insurance to provide SMEs in Europe with a way to quickly size up their insurance needs, purchase coverage and manage their policies through a single digital platform. While sharing details… Read More

February 14, 2018 @ 12:47 pm By JD Alois  |  

The European Supervisory Authorities (ESAs), including the ESMA, EBA, and EIOPA have issued a pan-EU warning to consumers regarding the risks of buying cryptocurrencies. The ESAs are concerned that consumers are buying virtual currencies or “VCs” oblivious to the intrinsic risk including heightened volatility and the fact… Read More

February 8, 2018 @ 8:38 am By Samantha Hurst  |  

BitPesa, a blockchain payments platform for Africa, announced on Wednesday it has acquired European money transfer service, TransferZero. Founded in May 2016, TransferZero claims to be the first fintech company licensed by the Bank of Spain as an authorized payment institution and is a partner of Bankia,… Read More

January 31, 2018 @ 9:39 am By Erin Hobey  |  

The European online alternative finance market grew by 41 per cent to 7.7 billion euros in 2016, according to the 3rd annual European Alternative Finance Industry Benchmarking Report by the Cambridge Centre for Alternative Finance. The report entitled “Expanding Horizons” indicates that online alternative finance showed… Read More

January 15, 2018 @ 9:52 am By JD Alois  |  

The Dow Jones Venturesource Venture Capital Report is out for Q4 2017. The report covers the European VC market, including Brexit bound UK. The Dow Jones report for the final quarter of the year paints a positive perspective on VC funding as there was a… Read More

November 14, 2017 @ 10:56 am By Samantha Hurst  |  

On Tuesday, German digital-only challenger bank N26 announced it was launching Apple Pay support in Spain, Italy, and Finland. This news comes just after the bank launched the payment method’s support in France. “What if there were a way to pay without your card that is… Read More

October 23, 2017 @ 9:05 am By Samantha Hurst  |  

Equity crowdfunding platform Crowdcube announced on Friday it has formed a partnership with the Green Tech Challenge, a European program that selects promising green tech innovations/startups and connects them to consultants and investors through four-day programs across the UK. Crowdcube explained its collaboration with Green Tech… Read More

October 16, 2017 @ 11:14 am By JD Alois  |  

Dow Jones has just released its quarterly report on Venture Capital in Europe.  According to their tally, venture capital declined both in regards to funds raised and investment activity during the 3rd quarter. Both the number of funds and amount raised by European VC funds decreased… Read More

September 22, 2017 @ 10:00 am By Samantha Hurst  |  

European fintech firm 10x Future Technologies announced on Thursday it secured £34 million during its latest Series A funding round, which was led by China’s Ping An. Launched in October 2016 by formed Barclay’s CEO Antony Jenkins, 10x Future Technologies provides clients with a new digital platform helps financial service… Read More

August 26, 2017 @ 8:18 pm By Samantha Hurst  |  

Challenger digital bank, N26, announced this week it now has 500,000 customers. Founded in 2013 by Valentin Stalf and Maximilian Tayenthal, N26 claims to be Europe’s first mobile bank with a full European banking license and it has redesigned banking for the smartphone by making it… Read More

August 22, 2017 @ 12:11 pm By Erin Hobey  |  

Cringle has returned to Companisto for its second equity crowdfunding round, aiming to raise 600,000€ for 9.09% equity offered.  The campaign has quickly raised over 61,000€ from more than 83 investors in the first day of its campaign for the company now valued at 6M€…. Read More

August 21, 2017 @ 6:00 pm By JD Alois  |  

The Cambridge Centre for Alternative Finance (CCAF) has become the standard by which everyone measures the growth and aggregate success of the alternative finance industry. Cambridge was the first major institution to capture a snapshot, both qualitatively and quantitatively, on the emergence of crowdfunding, online… Read More

August 16, 2017 @ 5:10 pm By Samantha Hurst  |  

Transferwise, one of the highest profile Fintech firms in Europe, announced on Wednesday the launch of its new Borderless account in Canada. This news comes just a few weeks after the company added Apple Pay to the list of options its users may leverage to… Read More

August 8, 2017 @ 8:40 am By JD Alois  |  

LendIt Europe, a Fintech and lending conference, and Startupbootcamp FinTech, a leading global Fintech accelerator, have announced the judging panel for the second annual PitchIt Europe competition. The startup competition will take place later this fall in London and applications are being accepted now with… Read More

July 24, 2017 @ 8:35 am By JD Alois  |  

  The Cambridge Centre for Alternative Finance (CCAF) is in the midst of its third European benchmarking survey that measures all forms of alternative finance across the European continent.  CCAF, part of the University of Cambridge Judge Business School, is the leading researcher in the global alternative… Read More

July 14, 2017 @ 8:51 am By Samantha Hurst  |  

Just days after launching its equity crowdfunding campaign on Crowdcube, UK-based Techsixtyfour has successfully secured its initial £200,000 from nearly 175 investors. The funds will be used to continue the growth and European expansion of its child wearable product, the Gator Watch. As previously reported,… Read More

July 13, 2017 @ 12:05 pm By Samantha Hurst  |  

TechSixtyFour, a UK-based wearable tech startup, is seeking to raise £200,000 on Crowdcube to bring its popular wearable, The Gator Watch, into Europe. According to the company, the Gator watch is described as a wearable mobile phone/tracker made for young kids. It can receive calls… Read More

July 5, 2017 @ 2:12 pm By Samantha Hurst  |  

Breega Capital, a France-based venture capital firm, announced this week its new venture fund, Breega Capital Venture 2, which is aimed towards startups in the fintech and insurtech sectors. The fund offers startups €100 million ($113 million). Founded in 2013, Breega describes itself as a… Read More