Tagged: europe

March 19, 2025 @ 8:24 am By Omar Faridi  |  

Corpay, Inc. (NYSE: CPAY), a global enabler of corporate payments, is announcing its entry into Luxembourg with the establishment of an office for its Cross-Border business. As part of Corpay’s expansion in Europe, this move aligns with the company’s strategy to “enhance its presence in… Read More

March 14, 2025 @ 8:26 am By Omar Faridi  |  

The UK FinTech Awards 2025 shortlist has been unveiled, spotlighting a diverse range of companies and individuals driving innovation across the financial technology sector. This year’s entries reached a record high, reflecting the growing strength and competitiveness within the UK’s fintech ecosystem. The shortlist, announced… Read More

March 12, 2025 @ 8:15 am By Omar Faridi  |  

The European Union appears to be feeling the pressure to fast-track its digital euro project as the Trump administration in the United States signals a warmer embrace of cryptocurrencies, particularly stablecoins. With the European Central Bank (ECB) aiming to wrap up its testing phase for… Read More

March 11, 2025 @ 11:05 pm By Omar Faridi  |  

Global Fintech Adyen (AMS: ADYEN), released its 2024 Annual Report, providing a detailed look at its business performance, overall strategic direction, and key achievements during the past financial year. The report underscores Adyen’s continued growth and its role as a key player in the international… Read More

March 11, 2025 @ 11:05 am By JD Alois  |  

ClearBank has selected former CFO Mark Fairless as its new CEO. According to a release, founder and former CEO Charles McManus will continue with the bank as a member of the Board of Directors, helping to guide the firm’s strategy. McManus will also remain as… Read More

March 11, 2025 @ 8:05 am By Omar Faridi  |  

The overall interest in digital assets continues to surge, with many investors increasingly allocating substantial portions of their investment portfolios to cryptocurrencies, undeterred by an evolving regulatory landscape. This, according to a report from KPMG. This resilience is examined in a research study conducted by… Read More

March 10, 2025 @ 9:04 am By Omar Faridi  |  

Alchemy Pay, the fiat-crypto payment solution provider, is pleased to announce its admission to the Association for Quality Assurance of Financial Services (VQF) as a recognized Self-Regulatory Organization (SRO) in Switzerland. This regulatory milestone allows Alchemy Pay to offer compliant fiat-to-crypto and crypto-to-fiat exchange services,… Read More

March 9, 2025 @ 11:27 pm By Omar Faridi  |  

On March 3, 2025, Sweden’s central bank, Sveriges Riksbank, released its latest Business Survey titled “No Strong Wind in Our Sails,” revealing a somewhat disappointing state of the Swedish economy. But this is largely consistent across Europe and even across the globe due to growing… Read More

March 8, 2025 @ 4:20 pm By Omar Faridi  |  

IDnow, an identity verification platform provider in Europe, today announced a new strategic investment from Corsair Capital, a specialist investment firm targeting payments, software, and business services investments in the financial services sector. With this transaction, Corsair will now reportedly acquire a majority stake in… Read More

March 7, 2025 @ 4:16 am By Omar Faridi  |  

iCapital, the fintech platform driving the world’s alternative investment marketplace for the wealth and asset management industries, has entered into a partnership with Aviva Investors, the global asset management business, to broaden access to Aviva Investors’ climate transition strategy “focused on investments in private markets.”… Read More

March 6, 2025 @ 11:48 am By Omar Faridi  |  

The national development bank ILTE has signed a cooperation agreement with HeavyFinance and has started investing in Green Loans for farmers. The returns from loans provided through the HeavyFinance platform will be generated by “creating and selling carbon emission certificates on farms.” ILTE invests up… Read More

March 6, 2025 @ 7:07 am By Omar Faridi  |  

PitchBook noted in a report that Germany’s venture capital (VC) and private equity (PE) markets have been fairly resilient amid global economic shifts. PitchBook revealed in its comprehensive research report that as of December 2024, Germany’s private capital ecosystem demonstrates steady growth, though tempered by… Read More

March 4, 2025 @ 11:36 am By JD Alois  |  

Digital banking enabler myTU says it has raised €10 Million in an oversubscribed Series A funding round. The Fintech said its original target had been €9 million. myTU raised money at a pre-money valuation of €35 million. The funding round was backed by existing investors… Read More

March 4, 2025 @ 10:45 am By Omar Faridi  |  

As sustainable finance and financial inclusion continue to gain traction on a global scale, technology-powered solutions leveraging blockchain and Web3 are playing a key role in addressing traditional financial challenges. As part of this movement, Swiss blockchain company Fedrok AG, says it has been actively… Read More

March 3, 2025 @ 8:55 pm By Omar Faridi  |  

Monorail, a financial App that allows people to invest in companies that align with their American values, has reportedly secured $60,298 via Republic (at the time of writing). So far, the company has raised 4% of its $1.23M max goal from 43 investors. According to the… Read More

March 3, 2025 @ 1:34 pm By Omar Faridi  |  

BaFin has shared an update titled “Risks in Focus 2025” and it notes that climate change, geopolitics and a weak economy could “put pressure on Germany’s financial system.” BaFin noted on its official website that natural disasters made more likely by climate change, international tensions… Read More

March 3, 2025 @ 9:48 am By Omar Faridi  |  

Bondora, a European investment platform, is making significant updates to its Go & Grow investment product and reports solid January 2025 performance metrics. As noted in a blog post, these developments underscore Bondora’s commitment to simplifying investing and driving growth for its investor community. Starting… Read More

March 1, 2025 @ 3:12 pm By Omar Faridi  |  

Bank of Ireland last year approved €600 million in new construction loans to housebuilders / property developers that are now supporting the delivery of 4,000 homes. The new lending lifts the Bank’s homebuilding loan approvals to €1.05 billion, which will “support the construction of 21,000… Read More

February 28, 2025 @ 9:05 am By Omar Faridi  |  

The World Economic Forum and VivaTech have agreed to launch a European Centre for AI Excellence (CAIE) in Paris in 2025. The centre will join the World Economic Forum’s Centre for the Fourth Industrial Revolution (C4IR) global network, further “advancing its global leadership in leveraging… Read More

February 28, 2025 @ 8:41 am By Omar Faridi  |  

Fintech Scotland noted that five fintech firms have each been awarded £50,000 to propel developments that support financial inclusion, accelerate financial resilience and deepen consumer engagement in financial services. FinTech Scotland, in partnership with the University of Strathclyde and University of Glasgow, announced the outcome… Read More