Tagged: europe

December 10, 2024 @ 8:15 am By Omar Faridi  |  

Bitpanda has just announced that the platform now offers access to over 500 cryptocurrencies, setting a new standard in crypto investing. Bitpanda noted that this milestone cements their position as the European crypto platform for investors looking to diversify and “capitalize on the growing opportunities… Read More

December 9, 2024 @ 11:12 am By JD Alois  |  

NAO, a Berlin-based Fintech, has raised €3.4 million in Seed funding, according to a company statement. The round was said to be led by a family office of a Swiss private investor. The Wealthtech says it is on a mission to become the top investing… Read More

December 9, 2024 @ 8:33 am By Omar Faridi  |  

Brighty, a digital finance platform that enables crypto-card payments in the real world, announces a $10 million round from Futurecraft Ventures. The funds will be used to expand its presence in Europe and the UK. Brighty is a personal finance app that combines traditional digital… Read More

December 8, 2024 @ 11:06 pm By Omar Faridi  |  

Revolut UK is focused on building out its Board with two senior appointments. The update from the digital bank comes as Revolut is working through the mobilization period for its UK Bank. According to the announcement from Revolut, Fiona Fry and Sir Peter Estlin join… Read More

December 7, 2024 @ 2:22 pm By Omar Faridi  |  

At Plaid, they’re seeing a renewed interest in businesses expanding into Europe from the United States and from the US into Europe, as “demand for online finance continues to grow.” Nearly nine in ten consumers use fintech tools, according to Plaid’s The Fintech Effect report,… Read More

December 6, 2024 @ 10:44 am By JD Alois  |  

CoinShares (Nasdaq Stockholm: CS) (OTCQX: CNSRF) is reporting that its CoinShares Physical Bitcoin ETP (ticker: BITC; ISIN: GB00BLD4ZL17) is now the top European Bitcoin physical exchange-traded product (ETP) by assets under management (AUM). Morningstar shows that BITC currently holds almost $1.5 billion in Bitcoin. CoinShares… Read More

December 5, 2024 @ 5:03 pm By Omar Faridi  |  

With the aim of attaining “high” compliance standards within the financial service industry, including the investment sector, the Malta Financial Services Authority (MFSA) conducts a range of supervisory activities using a set of diversified tools, such as “on-site Inspections, off-site work and meetings.” As a… Read More

December 5, 2024 @ 7:31 am By Omar Faridi  |  

Triton Debt Opportunities (TDO), the opportunistic credit arm of European investment firm Triton, announced the final close of its third fund (TDO III) in excess of its €1 billion fundraising target. TDO III is 40 percent larger than its predecessor fund, which closed “at €744… Read More

December 3, 2024 @ 10:51 pm By Omar Faridi  |  

KPMG UK has joined FinTech Scotland, the cluster management organization for fintech in Scotland. The organizations will work together to help foster innovation, accelerate growth and drive tech adoption “within the Scottish financial technology sector.” KPMG UK’s commitment adds expertise to Fintech Scotland’s cluster continuing… Read More

December 3, 2024 @ 1:19 pm By Omar Faridi  |  

wefox is reporting a big change. The Germany-based Insurtech has reportedly reached an agreement with a group of Swiss companies led by the independent Swiss pension service provider BERAG on the sale of Liechtenstein-based Wefox Insurance AG. As announced in June of this year, the Liechtenstein-domiciled… Read More

December 3, 2024 @ 10:53 am By JD Alois  |  

Qonto, a European neobank based in Paris, has distributed a report that claims digital banking options now top traditional banks in regard to adoption rates. Launched in 2017 and focusing on SMEs, Qonto reports over 500,000 firms using its platform. Qonto is the commercial name… Read More

December 3, 2024 @ 7:26 am By Omar Faridi  |  

21X, which will reportedly launch the EU-regulated financial market infrastructure (FMI) in order to provide order matching, trading, settlement and registry services for tokenized money and securities, announced that it has signed a partnership with Chainlink, which claims to be the standard for onchain finance…. Read More

December 2, 2024 @ 11:12 am By Omar Faridi  |  

SEI (NASDAQ:SEIC) announced that Arrow Global Group Limited, a European alternative asset manager specializing in private credit and real estate, selected SEI to support its fund administration, loan operations, and investor services for its private credit fund domiciled in Luxembourg. Reportedly ranked seven out of… Read More

December 2, 2024 @ 8:16 am By Omar Faridi  |  

European Regtech Salv announced the launch of its Collaborative Scenario Library, a tool designed to help AML teams improve their transaction and customer monitoring in order to catch more financial crime. The Collaborative Scenario Library, which is a feature of the Salv Monitoring solution, is… Read More

December 1, 2024 @ 9:11 pm By Omar Faridi  |  

Adyen (ADYEN:AMS), the financial tech platform for businesses, and Doctolib, the European firm focused on digital healthcare services, are joining forces to offer medical professionals secure financial services. The partnership, which was launched in France and Italy, allows Doctolib to offer its users online payment solutions,… Read More

November 30, 2024 @ 4:20 pm By Omar Faridi  |  

Jeremy Allaire, CEO and Founder at stablecoin issuer Circle, noted that EURC is the largest Euro Stable, has grown fast this year, is taking advantage of “clear and fair regulations” in Europe (alongside USDC) and is reportedly growing TX volume, onchain FX use, and more… Read More

November 30, 2024 @ 1:59 pm By Omar Faridi  |  

European Fintech firm Solaris in reportedly seeking additional funding to maintain its operations. The German banking-as-a-Service (BaaS) platform is said to looking for an emergency capital injection of £100 million. Solaris reportedly aims to put its business up for sale should it fail to acquire… Read More

November 30, 2024 @ 11:06 am By Omar Faridi  |  

The European Commission (EC) adopted rules for the core functionalities and certification of the European Digital Identity (eID) Wallets under the European Digital Identity Framework. As noted in the update shared by the EC, this is considered to be a major step towards Member States… Read More

November 29, 2024 @ 9:27 am By Omar Faridi  |  

At Tether, they have claimed to be dedicated to fostering a “robust” and innovative blockchain ecosystem for all Tether tokens that they issue. To fulfill this commitment, Tether has stated it is continuously assessing its stablecoin offerings, ensuring a balance between “maintainability” and usage while prioritizing… Read More

November 28, 2024 @ 12:32 pm By Omar Faridi  |  

Estateguru noted that a new law expands options for Estonian investors to use investment accounts for crowdfunding. According to a blog post by Estateguru, the legislative amendment passed in the Estonian Parliament last week will now allow the “use of investment account funds for crowdfunding.”… Read More