Tagged: europe

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

January 17, 2024 @ 8:25 am By Omar Faridi  |  

N26 announced the launch of a new Stock and ETF trading product that will allow all account holders to buy and sell stocks and ETFs for €0.90 per trade, directly in the N26 app. The launch of this new and comprehensive trading product will see… Read More

January 16, 2024 @ 8:30 am By Omar Faridi  |  

In 2023, Santander (NYSE: SAN) recruited over 4,500 employees with digital skills around the world to drive the group’s transformation. The growing demand for these types of professionals in the market, in particular in financial institutions, led Santander “to launch a targeted recruitment strategy under… Read More

January 15, 2024 @ 1:41 pm By Omar Faridi  |  

Swiss Fintech Klarpay recently commented on key platform developments during Q4 2023. The Switzerland-based Fintech firm said that during the final quarter of 2023, Klarpay has marked significant milestones, “introducing innovative features and participating in exciting industry events.” According to financial tech firm, the financial… Read More

January 15, 2024 @ 11:49 am By Omar Faridi  |  

CoinShares (Nasdaq Stockholm: CS; US OTCQX: CNSRF)  is reporting that digital asset investment products saw $1.18 billion inflows last week (subject to T+2 settlement), although this did “not break the record set at the launch of the futures-based Bitcoin ETFs which totaled $1.5 billion back… Read More

January 15, 2024 @ 8:21 am By Omar Faridi  |  

UK’s prime property finance company CapitalRise is reporting £250m bank funding line, as part of its approach to diversify and boost the resilience of its capital sources and facilitate lending growth. This funding line is the fifth and reportedly the largest secured by the company… Read More