Tagged: europe

February 27, 2024 @ 8:02 am By Omar Faridi  |  

The European Council reportedly adopted a regulation that will make instant payments fully available in euro to consumers and businesses in the EU and in EEA countries. The new rules will improve the strategic autonomy of the European economic and financial sector as they will… Read More

February 27, 2024 @ 8:00 am By Omar Faridi  |  

Saldo Bank, which is starting its operations in Sweden, offers an interest rate of as much as 5% for a year’s deposit. Jarkko Mäensivu, the CEO of Saldo Bank, said: “We want to increase fairness in fixed-term deposits.” The digital neobank with a Finnish background,… Read More

February 26, 2024 @ 10:04 pm By Omar Faridi  |  

Archax, which claims to be the only UK Financial Conduct Authority (FCA)-regulated digital asset exchange, broker, and custodian, has recently announced the introduction of its Stablecoin Yield Service. This service reportedly enables individuals with assets in stablecoins (or crypto-assets that are supposed to be pegged… Read More

February 26, 2024 @ 2:13 pm By Omar Faridi  |  

Intapp (NASDAQ: INTA), a global provider of AI-powered software for professionals in advisory, legal, and capital markets firms, announced that it has signed an agreement to acquire delphai, a Berlin-based AI software company specializing in applied AI for firmographic data automation, structuring, and intelligence. The… Read More

February 26, 2024 @ 8:29 am By Omar Faridi  |  

Adyen (ADYEN:AMS), the financial technology platform of choice for leading companies, and Billie, the B2B payments innovator, join forces to let Adyen’s customers enable B2B Buy Now, Pay Later (BNPL) payments services. By partnering up with Billie, Adyen reportedly “helps merchants and their business customers… Read More

February 26, 2024 @ 8:00 am By Omar Faridi  |  

Property finance provider CrowdProperty has appointed a new Head of Intermediaries as it sets its sights on doubling its broker network. The online investment platform allows smaller investors to participate in the property finance marketplace. Steve Smith joined the company earlier this month (February), “bringing… Read More

February 25, 2024 @ 10:21 pm By Omar Faridi  |  

Molo says it is pleased to announce the launch of Expat buy-to-let mortgages which are said to be specifically tailored for British Nationals residing abroad. Expat fixed-rate mortgages are reportedly “available from 4.99% up to 70% loan-to-value (LTV) and 5.24% up to 80% LTV.” As… Read More

February 25, 2024 @ 9:17 pm By Omar Faridi  |  

Zumo, the B2B digital assets infrastructure that prioritizes sustainability, has announced the appointment of Jason Tucker-Feltham as the company’s new Head of Sales. Tucker-Feltham is said to be “an experienced crypto sales, business development and capital introduction professional.” Prior to joining Zumo, he had reportedly… Read More

February 24, 2024 @ 2:24 pm By Omar Faridi  |  

Gofingo Group recently repaid PeerBerry investors EUR 200 000 in war-affected loans. These repayments are being processed on the PeerBerry platform “every month in the middle of the month.” Aventus Group’s war-affected long-term loans are repaid monthly “under the initial loan schedules.” In 24 months… Read More

February 23, 2024 @ 9:16 am By Omar Faridi  |  

SIX is driving forward the increased inclusion of SMEs in financial markets. With their partnership, SIX and Greenomy are recognizing the pivotal role that SMEs can play in the transition to a sustainable and low-carbon economy. SIX’ new SME Sustainability Assessment Solution draws “on Greenomy’s… Read More

February 23, 2024 @ 8:48 am By Omar Faridi  |  

In 2023, PeerBerry investors funded €809.57 million of loans – 50% more than in 2022. Last year, PeerBerry investors were reportedly “paid €10.43 million in interest, which is 46% higher than the previous year.” 14,143 new investors joined the platform in 2023 – “on average,… Read More

February 22, 2024 @ 10:58 pm By Omar Faridi  |  

After months of work across their business, the team at BVNK is pleased to share that our EMI license in Europe is live and operational. Over the past year, BVNK have successfully acquired and “operationalized System Pay Services (Malta) Limited, our EU EMI entity in… Read More

February 22, 2024 @ 9:17 am By Omar Faridi  |  

Revolut, the UK’s fintech with more than 35 million customers worldwide, has recently announced the launch of an advanced scam detection feature to help protect customers from card scams. Revolut customers can now experience “an added layer of security protection, on top of the technology… Read More

February 22, 2024 @ 7:30 am By Omar Faridi  |  

KPMG UK and Blue J announced that they will launch a new generative AI powered product to answer challenging tax research questions in seconds. KPMG will have exclusive access “to the tool, Ask Blue J, among the big four accountancy firms in the UK for… Read More

February 22, 2024 @ 7:11 am By Omar Faridi  |  

wefox, which claims to be among the leading Insurtech firms, has appointed Dominik Ulrich as Chief Risk Officer (CRO), with immediate effect. Prior to this role Mr. Ulrich was working as Head of Internal Audit at wefox. Mr. Ulrich will now be expected to “lead… Read More

February 21, 2024 @ 10:05 pm By Omar Faridi  |  

Manchester headquartered specialist lender, Assetz Capital, has launched a new Planning Assistance Loan product, aimed at supporting the conversion of commercial buildings in to residential dwellings The new product solution is specifically designed “to help experienced property developers acquire commercial buildings, with the intent of… Read More

February 21, 2024 @ 7:52 am By Omar Faridi  |  

Pepper Advantage, a global credit intelligence company, announces the appointment of Aaron Milburn as UK Managing Director. Aaron will reportedly “lead Pepper Advantage’s UK business, which manages a portfolio of £20 billion in assets under management, effective immediately.” He is taking over from Gerry McHugh,… Read More

February 20, 2024 @ 9:55 am By Omar Faridi  |  

Luzerner Kantonalbank AG (LUKB), Switzerland’s 3rd largest cantonal bank, has rolled out FM Converge, the markets and risk platform for banks and financial institutions. FM Converge comes from Finmechanics Pte. Ltd., the Singapore headquartered fast growing software company. FM Converge is described as “a high… Read More

February 20, 2024 @ 9:37 am By Omar Faridi  |  

Monite‘s seed funding has reached $16 million in order to support US expansion efforts. Monite confirmed that they’ve added additional ($6M) funding to their seed round, thanks to Valar Ventures and Third Prime, bringing their total to $16M. This top-up supports their European leadership “in… Read More

February 20, 2024 @ 7:54 am By Omar Faridi  |  

BNP Paribas (EPA: BNP), Europe’s global bank, and its Prime Services business published its annual 2024 Alternative Investment Survey. BNP Paribas’ Capital Introduction Group “surveyed 238 allocators in December 2023 and January 2024, who invest or advise on $1.2 trillion in hedge fund assets.” This… Read More