Tagged: europe

January 24, 2024 @ 10:10 am By Omar Faridi  |  

Plannix, a personal finance hub that helps with wealth tracking, portfolio management, and financial planning, teams up with Salt Edge, a key player focused on offering open banking solutions, to enable users from Italy and beyond “to connect and view all their bank accounts in… Read More

January 24, 2024 @ 8:50 am By Omar Faridi  |  

Starling Bank has created a new brand platform with a new positioning, strategy, and ad creative developed to “mark the beginning of an ambitious year of growth for the bank.” ‘The Bank Built for You’ platform celebrates “how banking is about more than just money,… Read More

January 23, 2024 @ 11:12 am By Omar Faridi  |  

Perenna, which is building an innovative digital mortgage bank that will aim to enhance the UK mortgage market, recently revealed that it has received UK Government grant funding in order to “accelerate decarbonization of UK housing stock.” Perenna says that for decades, consumers in the… Read More

January 23, 2024 @ 7:11 am By Omar Faridi  |  

Qover, an insurtech driven by a vision of creating a global safety net through insurance – announces the launch of its innovative motor insurance solution in the United Kingdom, which enables car manufacturers to “provide digital insurance programs across Europe.” In line with Qover‘s goal… Read More

January 23, 2024 @ 7:01 am By Omar Faridi  |  

Satchel, a European digital banking provider, is set to enhance its compliance standards through a strategic partnership with AMLYZE, a Regtech company specializing in anti-money laundering and financial fraud prevention. Satchel’s commitment to delivering banking services, “underscored by a robust emphasis on regulatory compliance and… Read More

January 23, 2024 @ 6:59 am By Omar Faridi  |  

Andrew Charnley, MD, Assetz Capital, says that housing has been a popular topic of discussion, as both the Conservatives and Labour start to gear up for the next general election. Andrew Charnley from Assetz Capital notes that the UK faces many pressing social issues, but… Read More

January 23, 2024 @ 6:22 am By Omar Faridi  |  

The Bank of London announced the appointment of Anne Grim as an independent Non-Executive Director (NED) of The Bank of London Group Limited Board and Chairperson of the Board Risk Committee (BRC), “subject to regulatory approval.” As well as her BRC role, Anne will be… Read More

January 22, 2024 @ 10:51 pm By Omar Faridi  |  

Despite a December rise, inflation is expected “to continue falling this year” says Yael Selfin, Chief Economist at KPMG UK. The KPMG UK team noted that the expected fall in the energy price cap in April “could see inflation returning to target by spring. Nevertheless, disruptions… Read More

January 22, 2024 @ 7:54 am By Omar Faridi  |  

Following its launch in the Netherlands last year, smeGo aims to expand further in Europe and offer established SMEs “a full range of financial services and digital tools.” In 2024, smeGo says that it plans to “maintain the pace of its growth and is actively… Read More

January 21, 2024 @ 10:13 pm By Omar Faridi  |  

Mintos recently revealed that it has officially launched operations in the German market, and they’re pleased to share more updates. Mintos claims that its focus remains simple, yet straightforward – “offering you accessible new ways to invest your money, so you can diversify your portfolio,… Read More

January 21, 2024 @ 6:07 pm By Omar Faridi  |  

Robocash investors positively assessed the results of the past year, according to the latest market research and analysis. Almost a third of respondents claim that they now plan “to increase their investment portfolios in 2024.” Robocash analysts questioned investors in order “to find out how… Read More

January 21, 2024 @ 6:02 pm By Omar Faridi  |  

Global financial technology company SumUp continues its efforts to support small businesses and recently unveiled several new product features. Since its founding in 2012, SumUp claims that it “has delivered a consistent stream of sector-defining products, all launched with SMEs in mind – helping them… Read More

January 20, 2024 @ 1:07 pm By Omar Faridi  |  

Billink, the Netherlands-based Buy Now Pay Later (BNPL) solution trusted by 3 million shoppers, has raised €29.5 million from the German Varengold Bank. The payment provider will use the funding “to expand its offering to the top-50 largest Benelux web shops, enter the German market,… Read More

January 19, 2024 @ 2:12 pm By Omar Faridi  |  

Barclays has relaunched its Cambridge Eagle Lab with a renewed focus on “helping high growth climate tech startups to connect, grow and scale.” The site has undergone a significant retrofit, “with the goal of reducing its carbon emissions by 90 per cent compared to 2018.”… Read More

January 19, 2024 @ 8:41 am By Omar Faridi  |  

SME current account switching is now at the lowest level it’s been in the last decade, according to an update shared by Allica Bank. New data analyzed by Allica Bank reportedly “shows disappointingly low levels of bank switching by small and medium sized businesses over… Read More

January 19, 2024 @ 8:34 am By Omar Faridi  |  

Getsafe, Europe’s neo-insurer based in Germany with over 550,000 customers, has acquired deineStudienfinanzierung, Germany’s digital platform for student loans. This acquisition is said to be a testament to Getsafe’s direct-to-consumer approach and the company’s focus on “guiding young people as they plan for their futures.”… Read More

January 18, 2024 @ 5:57 pm By Omar Faridi  |  

Neo, the cross-border payments and FX fintech, has announced that the firm is now profitable as an increasing number of SMEs explore alternatives to banks for managing their international business needs. The Barcelona-based fintech which provides “a one-stop-shop multi-currency account for corporate treasurers recorded an… Read More

January 18, 2024 @ 9:52 am By Omar Faridi  |  

Gemini says they are pleased to announce that they’ve been registered as a Digital Asset Service Provider (DASP) by l’Autorité des Marchés Financiers (AMF), the French financial markets regulator. Following the launch of their EU headquarters in Ireland in 2022, Gemini is now “operational in… Read More

January 18, 2024 @ 8:19 am By Omar Faridi  |  

Estateguru is reporting that it saw €10.1M in loan repayments in December, with an additional €0.4M from recovered loans. As noted in a blog post by Etstateguru, total returns “amounted to €1.1M, with an average return rate of 9.5%.” Estateguru further noted that they have… Read More

January 17, 2024 @ 8:33 am By Omar Faridi  |  

The majority of European and UK Equity Capital Markets (ECM) leaders believe that large international companies still “see London as a destination of choice when considering listing,” according to new research from KPMG UK. When asked where large international companies “would consider listing, almost all… Read More