Tagged: europe

February 7, 2024 @ 6:34 pm By Omar Faridi  |  

Ant International, a digital payment and financial services leader dedicated to building an inclusive and sustainable global commerce ecosystem, is expanding its existing partnership with Yapily, the European open banking platform to introduce Europe’s first-ever commercial variable recurring payments (VRPs) for e-commerce via Open Banking… Read More

February 7, 2024 @ 7:57 am By Omar Faridi  |  

UK fintech Atlantic Money is set to offer its fixed-fee money transfers across additional major markets. Within 1.5 years of launching in the UK, Atlantic Money has “met relevant requirements to offer its services in the United States, Canada and Australia.” Users will be able… Read More

February 7, 2024 @ 7:53 am By Omar Faridi  |  

Obligate has formed a strategic partnership with Archax, a digital asset services provider based in London. Through this partnership, Obligate provides its platform “for on-chain capital markets, while Archax contributes its extensive service offering in digital asset management.” As a first service, Obligate clients will… Read More

February 6, 2024 @ 10:27 pm By Omar Faridi  |  

Ironically, according to Dima Kats, CEO of Clear Junction, banks and financial institutions are probably some of the most unbanked segments in the world. From high fees to long settlement times, regulatory pressures to difficulty in accessing multi-country payment options, the issues and barriers facing… Read More

February 6, 2024 @ 10:19 pm By Omar Faridi  |  

Montran has announced the launch of an innovative multi-currency virtual account management platform for Intesa Sanpaolo, Italy’s premier banking institution with a global financial services presence. This platform marks a strategic enhancement in the bank’s ability “to manage multi-currency cash and liquidity for its diverse… Read More

February 6, 2024 @ 8:44 am By Omar Faridi  |  

Phasecraft – the startup led by top academics developing world-leading quantum algorithms – has won a £1.2 million UK Government contract as part of the UK’s Quantum Catalyst Fund. Phase One of the Fund saw Phasecraft awarded “a contract for a feasibility study to explore… Read More

February 5, 2024 @ 5:59 pm By JD Alois  |  

The European Crowdfunding Market Survey 2023 has been published by a consortium of European entities, including the University of Agder’s School of Business and Law – Center for Crowdfunding Research, LenderKit, and CrowdSpace. In past years, the Cambridge Centre for Alternative Finance (CCAF) has published… Read More

February 5, 2024 @ 2:40 pm By Omar Faridi  |  

Adyen (AMS: ADYEN) has announced that it is partnering with BILL (NYSE: BILL), a financial operations platform for small and midsize businesses (SMBs), to deliver advanced acquiring and issuing experiences for BILL’s accounts payable (AP) and accounts receivable (AR) solutions. The partnership started with Adyen for… Read More

February 5, 2024 @ 8:10 am By Omar Faridi  |  

Vault Hill, which is described as an AI-powered metaverse designed to enrich engagement & create new revenue channels, has acquired over £215,000 from 45 investors (at the time of writing) through its crowdfunding campaign, carried out via Seedrs. There are currently two days left in… Read More

February 5, 2024 @ 8:07 am By Omar Faridi  |  

Debitum says they are pleased to announce that a new investment product – shorter terms and daily interest repayments – is available to their investors starting now. Debitum is a licensed and regulated platform “where it is possible to invest only in bond-like financial instruments… Read More

February 5, 2024 @ 8:04 am By Omar Faridi  |  

In December, Mintos reports that it continued its strong performance, with investments in Notes reaching €113.7 million. According to Peteris Mikelsons, Head of Partnerships at Mintos, “this marks the second-best month in 2023, following the peak in November.” However, the supply of new loans “failed… Read More

February 4, 2024 @ 6:06 pm By Omar Faridi  |  

Aldona Micė has reportedly been appointed as the Head of Risk and Recovery at HeavyFinance. According to an update shared by HeavyFinance, Aldona Micė has been “with farmers through many floods and droughts.” She was recently appointed as “a new Head of Risk and Recovery… Read More

February 4, 2024 @ 5:55 pm By Omar Faridi  |  

The Bank of England has recently shared a Working Paper, focused on open banking, and it is attributed to several authors including Tania Babina, Saleem Bahaj, Greg Buchak, Filippo De Marco, Angus Foulis, Will Gornall, Francesco Mazzola and Tong Yu. As noted in the paper… Read More

February 4, 2024 @ 1:25 pm By Omar Faridi  |  

Businesses in the United Kingdom have reportedly entered the new year with renewed positivity as overall confidence rose to the highest level for nearly two years. The Barometer – which measures businesses’ confidence by assessing their trading prospects and optimism in the economy – shows… Read More

February 4, 2024 @ 1:14 pm By Omar Faridi  |  

LendInvest Mortgages, which claims to be one of the UK’s leading platforms for mortgages, has launched its Strategic Partners program for 2024, relationships that will be directly managed by Nigel Robbins, who was recently promoted to National Account Manager. In his new role, Nigel will… Read More

February 3, 2024 @ 11:39 am By Omar Faridi  |  

Estateguru reports that with the continued support of clients has allowed them to weather the storm, and consolidate their status as a key player focused on property backed lending in Finland, and the Baltics. Estateguru‘s management notes in a blog post that the challenging macroeconomic… Read More

February 3, 2024 @ 10:35 am By Omar Faridi  |  

Kaldi App, whose developers are on a mission is to transform the savings habits of Gen Z & Millennials by getting them to save earlier & better, has raised £472,875 from 140 investors at the time of writing with 25 days left in the firm’s crowdfunding… Read More

February 1, 2024 @ 9:22 pm By Omar Faridi  |  

Kvarn Capital, a digital asset firm licensed under the Finnish Financial Supervisory Authority (FIN-FSA), has chosen Talos as its technology provider to empower Kvarn X, its brokerage platform, to “provide advanced brokerage services to its individual and institutional clients.” This integration includes access to Talos’s… Read More

February 1, 2024 @ 7:58 pm By Omar Faridi  |  

Banco Santander has announced the appointment of Petri Nikkilä as the new global CEO of Openbank and head of the Digital Consumer Bank’s non-auto consumer business. Mr. Nikkilä succeeds Ezequiel Szafir, who “was Openbank’s CEO until last year, and will report to Daniel Barriuso, head… Read More

February 1, 2024 @ 8:17 am By Omar Faridi  |  

Bank of Ireland has announced an investment of more than €60 million in a range of branch improvements, including the Bank’s largest single investment in ATMs in the last decade. Starting later this year, a new fleet of ATMs will “be rolled out to all… Read More