Tagged: europe

October 30, 2024 @ 3:14 pm By Omar Faridi  |  

Lunar, the Nordic challenger bank, announces the launch of its AI Voice Assistant, marking a milestone as the European bank to introduce GenAI Native Voice tech. Powered by the GPT-4o model, the GenAI Native Voice Assistant will help make banking accessible to all demographics, offering… Read More

October 28, 2024 @ 11:04 pm By Omar Faridi  |  

Estateguru recently reported a “record” month with retail investors funding new projects worth 8 million Euros. In September of this year, investors on the Estateguru platform, which specializes in real estate-backed loans, funded new projects “totaling 8 million euros,” which notably marked the investment platform’s… Read More

October 28, 2024 @ 7:01 pm By Omar Faridi  |  

The Eurosystem collateral management system is expected to officially launch on 16 June 2025. The new Eurosystem Collateral Management System (ECMS) will launch on a date set by the ECB’s Governing Council in order to provide sufficient time for national central banks of the euro… Read More

October 28, 2024 @ 6:22 am By Omar Faridi  |  

Retail investors in Belgium and the Netherlands now have access to IPO’s and other regulated fundraises, including deals previously only open for institutional investors. BUX, part of ABN AMRO Bank N.V., is the pan-European partner to adopt PrimaryBid’s capital markets platform, providing retail investors in… Read More

October 27, 2024 @ 4:38 pm By Michael Wong  |  

Swiss-based Fintech company SONECT has announced its expansion into European Union markets, marking a strategic push to meet growing regional demand for flexible cash access and banking solutions. The move supports SONECT’s objective of providing efficient, accessible financial services across the EU, targeting both individual… Read More

October 25, 2024 @ 8:28 am By Omar Faridi  |  

Mintos, a multi-asset investment platform headquartered in Latvia, has joined forces with Upvest, the European provider of investment infrastructure, to enhance its ETF portfolio offering across Europe. The partnership with Upvest will strengthen Mintos’ mission to solidify their position as a solution for “long-term” investing… Read More

October 24, 2024 @ 11:06 pm By Omar Faridi  |  

HeavyFinance and EIF signed a portfolio guarantee of €10.5m. HeavyFinance has teamed up with the European Investment Fund (EIF) in order to secure a €10.5 million portfolio guarantee aimed at supporting the ongoing operations of small and medium-sized farms in their shift toward more “sustainable… Read More

October 24, 2024 @ 8:51 am By Omar Faridi  |  

Sygnum, a digital asset banking group, announces a new office in Lugano, the largest city in the Canton of Ticino and the Italian-speaking area of southern Switzerland. The move aims to expand client services and enable collaboration with the  Lugano-based Bitcoin and digital asset ecosystem… Read More

October 23, 2024 @ 9:33 am By Omar Faridi  |  

NatWest continues to support the European energy transition with €450 million financing of solar power projects in Southern Europe. NatWest has recently teamed up with Glennmont Partners in order to finance the construction of 17 solar photovoltaic projects across Spain, Italy and Portugal with a… Read More

October 23, 2024 @ 7:32 am By Omar Faridi  |  

European digital banking platform CaixaBank consolidates its position in mobile banking and partners with Apple (NASDAQ:AAPL) to enhance customer experience. CaixaBank closed the first months of the year with 4.4 million customers with cards linked to mobile devices, figures that are “on the rise,” with… Read More

October 22, 2024 @ 10:09 pm By Michael Wong  |  

DataCrunch, a European provider of artificial intelligence (AI) computing infrastructure, has secured €12 million in a seed funding round led by venture capital firm byFounders. The investment aims to bolster the company’s infrastructure as it strives to become Europe’s first hyperscaler, enhancing service delivery for… Read More

October 22, 2024 @ 8:06 am By Omar Faridi  |  

Estateguru has shared their latest loan portfolio overview for the month of September 2024. Estateguru are pleased to share the key highlights from the past month, which has been a solid period for the investment platform. Estateguru reports that they saw fairly steady / consistent… Read More

October 21, 2024 @ 9:24 am By JD Alois  |  

Magnetiq Bank has joined Fintech Hub LT – an association with a mission to support licensed Fintechs in Latvia and EEA countries. Fintech Hub LT also represents Latvia as a Fintech centre of innovation. AS Magnetiq Bank, based in Latvia, aims to support Fintechs, e-commerce,… Read More

October 21, 2024 @ 8:58 am By Omar Faridi  |  

Tokenization projects are making considerable strides in financial markets, and beyond, by making financial and real world assets a lot more accessible, according to an update from Fireblocks. As the market evolves, institutions require a secure as well as scalable solution that they are able… Read More

October 20, 2024 @ 7:37 pm By Omar Faridi  |  

LuxSE has reportedly become the first European exchange to list a Yulan bond. As explained in the announcement, the EUR 100 million Yulan bond issued by Orient Securities Company Limited was listed recently on the Luxembourg Stock Exchange on 16 October, making the exchange the… Read More

October 19, 2024 @ 5:32 pm By Omar Faridi  |  

PeerBerry’s business partner – real estate developer Lithome – recently revealed that it had repaid investors a EUR 435 000 loan (real estate project “Šilo 23”) and paid their investors EUR 41 648 in total interest payments. In other key updates shared recently in a… Read More

October 19, 2024 @ 4:27 pm By Omar Faridi  |  

Investment platform TWINO recently shared the latest performance and activity update highlighting key developments from September. TWINO has provided a detailed overview of what’s been going on as of late on their European investment platform: Key TWINO Platform Stats: 12.29% average interest rate; interest paid… Read More

October 17, 2024 @ 11:07 am By JD Alois  |  

Last week, the European Payments Commission (EPC) posted the Verification of Payee (VOP) scheme rulebook following a public consultation. The rulebook is for payment service providers (PSPs) in the Single Euro Payments Area (SEPA). This applies to the EU Instant Payments Regulation (IPR) and the… Read More

October 17, 2024 @ 8:27 am By Omar Faridi  |  

Digital bank N26 announced recently that it has further strengthened its offer in 12 new markets with the launch of Stocks as well as ETFs trading. With the rollout of N26 Stocks and ETFs, clients residing in Belgium, Denmark, Estonia, Finland, Greece, Latvia, Lithuania, Norway, Poland, Portugal,… Read More

October 15, 2024 @ 8:23 am By Omar Faridi  |  

Bondora Group has shared their latest platform stats for the month of September 2024. Since 9 September, 2024, Bondora notes in a blog post that you can earn as much as 6.75% p.a. on your entire Go & Grow portfolio, along with any extra amount… Read More