Tagged: europe

December 18, 2024 @ 7:56 am By Omar Faridi  |  

Tether, which claims to be the largest digital asset companies in the world (as well as being one of the most profitable), has invested in StablR, the European stablecoin provider. Tether’s investment into StablR signals its commitment to the European market and its support for… Read More

December 17, 2024 @ 11:42 pm By Omar Faridi  |  

As part of its ongoing commitment to supporting the Ukrainian community, global fintech company Revolut has announced that its app is now available in the Ukrainian language. This move comes around two years after Revolut started offering payment services to refugees fleeing Ukraine and the… Read More

December 17, 2024 @ 8:41 am By Omar Faridi  |  

Bitpanda recently revealed that it will soon be able to offer their full range of products and services to users residing in the UAE, supported by their commitment to regulation in Europe and, as they expand, into the MENA region and other jurisdictions. The expansion… Read More

December 16, 2024 @ 7:42 am By Omar Faridi  |  

Bitget, a global cryptocurrency exchange, and Web3 company, is reportedly exploring the establishment of its Europe regional hub in Lithuania as part of its expansion in the European Union. The move aligns with the EU’s Markets in Crypto-Assets (MiCA) framework, which aims to provide a… Read More

December 15, 2024 @ 2:54 pm By Omar Faridi  |  

Bitpanda has announced the launch of Bitpanda Fusion, which is described as the newest addition to Bitpanda’s product range that supports active crypto traders. As explained in the announcement, Bitpanda Fusion is said to be the natural evolution of Bitpanda, expanding their suite of products… Read More

December 14, 2024 @ 1:22 pm By Omar Faridi  |  

Ireland’s Research, Development & Innovation (RDI) sector continues to drive growth and employment, but without funding it risks dependence on foreign technology and diminishing competitiveness, according to the Ireland’s Innovation Index Pulse Survey, which surveyed more than 500 Irish firms. IRDG and KPMG conducted Ireland’s… Read More

December 13, 2024 @ 4:38 pm By Omar Faridi  |  

Faced with “dense” and complex information, the AMF in France is encouraging financial institutions to continue their efforts to “improve the transparency of their Taxonomy reporting.” In a report covering the first alignment reporting of seven French banks and insurers, the Autorité des Marchés Financiers… Read More

December 13, 2024 @ 11:44 am By Omar Faridi  |  

N26 announced the launch of Ready-Made Funds, a new offering added to its existing Stocks & ETFs trading product designed to make investing more accessible. Ready-Made Funds allow customers to select a “multi-asset portfolio made up of Exchange-Traded Funds (ETFs) and Index Funds, managed by… Read More

December 13, 2024 @ 8:14 am By Omar Faridi  |  

Upvest, a European investment infrastructure provider, has raised a €100 million Series C funding round. The funding round was led by Hedosophia and joined by Sapphire Ventures. Existing investors also participated, including the following: Bessemer Venture Partners, BlackRock, Earlybird, HV Capital, Motive Ventures, and Notion Capital. The… Read More

December 13, 2024 @ 8:08 am By Omar Faridi  |  

London Stock Exchange Group plc (LSEG) announces that it has completed the divestment of its 4.92% stake in Euroclear’s share capital to TCorp, for a “total consideration of €455 million.” TCorp is the financial services partner of the New South Wales government. J.P. Morgan and… Read More

December 12, 2024 @ 1:41 pm By Omar Faridi  |  

Fintech TrueLayer, which claims to be one of Europe’s most prominent open banking payments network, has teamed up with Ryanair, Europe’s largest airline group. This collaboration is now live and represents a key milestone for both TrueLayer and Ryanair. Ryanair customers are now able to… Read More

December 12, 2024 @ 7:54 am By Omar Faridi  |  

HeavyFinance is pleased to announce a partnership with Multitude Bank, a core subsidiary of the Nordic region listed FinTech, Multitude Group. Via a debt-asset securitization deal, Multitude Bank will reportedly invest EUR 14 million in loans for small and medium-sized agricultural businesses to support their… Read More

December 10, 2024 @ 10:15 pm By Omar Faridi  |  

Lunar, the Nordic challenger bank, is taking a step to redefine payments for enterprises by over time transitioning its Banking Services division into a new standalone entity within Lunar Group: Moonrise. This move underscores Lunar’s commitment to scaling its operations and unlocking the immense potential… Read More

December 10, 2024 @ 10:08 pm By Omar Faridi  |  

Apollo (NYSE: APO) and Santander announced that Apollo-managed funds and affiliates have agreed to invest in an approximately $370 million portfolio of infrastructure credit. The transaction was led by Apterra, an affiliate of Apollo founded in 2023 that specializes in “financing solutions for infrastructure projects.”… Read More

December 10, 2024 @ 9:07 am By JD Alois  |  

Markets in Crypto-Assets Regulations or MiCA are rules that seek to provide regulatory clarity for firms engaged in the digital asset markets. This includes non-security crypto assets as well as stablecoins. Digital securities are regulated under different rules. In a corporate statement, payments firm Clear… Read More

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