Tagged: europe

January 5, 2025 @ 6:35 am By Omar Faridi  |  

European Insurtech firm wefox has reportedly finalized a $170 million refinancing deal. wefox, a European insurance tech firm established back in 2015 by Julian Teicke, is said to be finalizing a €170 million refinancing deal that has been led by private equity company Searchlight Capital… Read More

January 4, 2025 @ 9:45 am By Omar Faridi  |  

At Gemini, they believe that the EU’s cryptocurrency ecosystem should incorporate essential guardrails and transparency to shield users from financial crimes and fraud. Their commitment to regulatory compliance is steadfast, and they see adhering to the EU’s Travel Rule as a “critical step forward in… Read More

January 4, 2025 @ 9:30 am By Omar Faridi  |  

The SIX Exchange in Switzerland has released key figures for December 2024 and the full year 2024. SIX noted in a recent update that it releases the monthly key figures of SIX Swiss Exchange and BME Exchange on trading and listing activities in Switzerland as… Read More

January 3, 2025 @ 4:50 pm By Omar Faridi  |  

BitStaete Asset Management has reportedly obtained its MiCA License as a crypto-assets manager. As of December 30, 2024, all crypto service providers must comply with the European Markets in Crypto-Assets regulation (MiCA). MiCA are EU rules that regulate all digital assets except crypto deemed to… Read More

January 3, 2025 @ 9:11 am By Omar Faridi  |  

Doconomy, an impact fintech company providing banking platforms with innovative tools to drive financial wellbeing and actionable sustainability, has  announced a partnership with European bank, KBC. KBC sought to find the best solution to help younger generations – in particular those aged between 18 to… Read More

January 3, 2025 @ 8:47 am By Omar Faridi  |  

MoonPay says it has secured approval under the Markets in Crypto-Assets (MiCA) regulation. Ratified by the European Parliament in April 2023, MiCA establishes a unified regulatory environment for digital assets “across the European Economic Area (EEA)—the world’s second-largest crypto economy behind North America.” MiCA aims… Read More

December 31, 2024 @ 4:41 pm By Omar Faridi  |  

Mastercard (NYSE: MA) has announced a partnership with Dgpays, a financial technology provider, to advance the adoption of digital payment solutions for consumers and businesses across the EEMEA region. As part of the partnership, Mastercard and Dgpays will co-develop payment technologies and loyalty solutions tailored… Read More

December 30, 2024 @ 8:32 am By Omar Faridi  |  

CaixaBank is marking the 15th year of operations of its representative office in Turkey. CaixaBank noted in the announcement that the bank opened the office in 2009 as part of its “international growth strategy” through its international banking network, which has branches and representative offices… Read More

December 29, 2024 @ 6:10 pm By Omar Faridi  |  

2024 has reportedly been a solid year for HeavyFinance, marked by significant milestones, partnerships, and a focus on sustainable agriculture. From securing investments and launching various initiatives to expanding their impact across Europe and Ukraine, the company reports it has made strides in driving the… Read More

December 28, 2024 @ 9:45 am By Omar Faridi  |  

Estateguru CEO Mihkel Stamm recently stated that their goal is to surpass €1 billion in total loan volume. The total volume of loans issued by investors on the Estateguru platform over the course of its roughly 10-year operation “may exceed the €1 billion mark next… Read More

December 26, 2024 @ 8:03 am By Omar Faridi  |  

PeerBerry’s business partner, real estate developer SIB Group, has reportedly repaid investors a €500 000 loan (real estate project “Vytenio55 II”) and paid their investors €102,368 in interest. PeerBerry also mentioned in another recent update that it is processing the last repayment of war-affected loans…. Read More

December 24, 2024 @ 3:40 am By Omar Faridi  |  

Six of Latvia’s investment platforms—Lande, Indemo, ViaInvest, Nectaro, Debitum Investments, and TWINO—have joined forces to form an alliance dedicated to advancing transparency, trust, and innovation in the fintech industry. Together, they are focused on setting a new standard for investor confidence and collaboration in Europe’s… Read More

December 23, 2024 @ 12:50 pm By Omar Faridi  |  

Lunar has recently rolled out a major app update, which is described as a game-changer in hyper-personalized banking. Lunar claims that it takes digital banking to the next level with the launch of the app update, 5.0, marking a key moment in the platform’s evolution…. Read More

December 23, 2024 @ 6:56 am By Omar Faridi  |  

KPMG in Germany and Merantix have entered a strategic partnership to accelerate innovation and capitalize on the growing adoption of artificial intelligence across the German and European market. The collab is anchored by KPMG’s investment in Merantix Capital’s AI Fund, which invests in and builds… Read More

December 22, 2024 @ 11:01 pm By Omar Faridi  |  

As 2024 comes to an end, investment platform Bondora has shared key highlights that made 2024 “unforgettable” for them. European investment platform Bondora noted in a blog post that this year was one for the books, and it’s all thanks to their investors, their credit… Read More

December 22, 2024 @ 5:11 pm By Omar Faridi  |  

New investment inquiries from institutional investors rise 100% in the wake of Trump effect and Bitcoin approaching $110,000 price threshold. This, according to an update from Nickel Digital Asset Management. Research from earlier this year revealed that only 20% of institutional investors “expected the $100,000… Read More

December 21, 2024 @ 3:02 pm By Omar Faridi  |  

The European Central Bank (ECB) has recently released the results of the latest study on the payment attitudes of consumers in the euro area. Despite the trend towards digital payments, the number of cash payments remains considerable this year, particularly for “small-value and person-to-person payments.”… Read More

December 21, 2024 @ 10:01 am By Omar Faridi  |  

In November 2024, Estateguru, a platform specializing in property-backed financing, credited more than €11 million in repayments to its investors. According to Estateguru, a notable portion of this, more than €4.2 million, came from successfully recovered loans that had previously “been delayed. Investors earned €1.01… Read More

December 20, 2024 @ 11:01 am By Omar Faridi  |  

Securitize announced it has obtained approval by the Spanish National Securities Market Commission (CNMV) as an Investment Firm, registering Securitize Europe Brokerage and Markets, S.A. in order to operate as a Sociedad de Valores (broker dealer), providing services for blockchain-based financial assets, including acting as… Read More

December 18, 2024 @ 8:57 am By Omar Faridi  |  

KPMG UK has commented on the recently released UK GDP data. Yael Selfin, Chief Economist at KPMG UK, noted: “GDP growth stalls amid growing uncertainty. GDP growth remained disappointing, showing no progress for five consecutive months, due to weaker activity across a broad swathe of the… Read More