Tagged: europe

December 12, 2023 @ 9:47 am By Omar Faridi  |  

After successfully launching a new loan market in the Netherlands last year, the Bondora Group has now opened another loan market in Latvia. The investment platform’s management says it is pleased to announce that customers in Latvia can now access Bondora’s convenient online credit financial… Read More

December 12, 2023 @ 8:22 am By Omar Faridi  |  

The British Business Bank, the UK’s economic development bank, has appointed Ian Connatty as its first Deputy Chief Investment Officer. This is in addition to his role “as Managing Director, Direct and Co-investment, British Patient Capital, a commercial subsidiary of the Bank.” The Deputy Chief… Read More

December 12, 2023 @ 8:17 am By Omar Faridi  |  

The latest Royal Bank of Scotland Report on Jobs survey pointed to a renewed rise in hiring activity across Scotland in November. As mentioned in a blog post, mild expansions were signaled for “both permanent placements and temp billings amid reports of successful recruitment campaigns… Read More

December 12, 2023 @ 8:07 am By Omar Faridi  |  

The European Central Bank (ECB) has shared its latest Consumer Expectations Survey results. As noted in an update posted by the ECB, when compared with September 2023: median consumer inflation expectations for the next 12 months and for three years ahead remained unchanged; expectations for… Read More

December 11, 2023 @ 1:07 pm By Omar Faridi  |  

GFO-X announces that M&G Investments has led a $30 million Series B funding round for the company and will join the Board of Global Futures and Options Holdings. The investment will fund GFO-X through its forthcoming launch and “support future innovation in the regulated digital… Read More

December 11, 2023 @ 8:45 am By Michael Wong  |  

The European Union (EU) is set to significantly expand the powers of the European Central Bank (ECB), entrusting it with the oversight of risks associated with climate change and the burgeoning digital asset market. This sweeping update, detailed earlier this week, positions the ECB at… Read More

December 11, 2023 @ 8:17 am By Omar Faridi  |  

In 2024, a few select trends could guide investors’ portfolio allocation, according to an update shared by BNP Paribas (EPA: BNP). First, the impact of higher interest rates that has “not yet been fully reflected in growth and some shortages of commodities and consumer goods… Read More

December 11, 2023 @ 7:37 am By Omar Faridi  |  

Nucleus Financial Platforms, which claims to be one of the UK’s independent, adviser platform groups, has recently announced it’s reducing the standard annual Nucleus Wrap platform charge by three basis points “for holdings between £200k and £500k.” According to the update shared by Nucleus Financial… Read More

December 11, 2023 @ 7:13 am By Omar Faridi  |  

OakNorth, a UK-based digital bank, has provided a debt finance facility to support the latest acquisition project of ALMCOR and an affiliate of Cerberus Capital Management, L.P. ALMCOR claims that it has over 25 years of experience “operating in the UK and European real estate… Read More

December 11, 2023 @ 7:09 am By Omar Faridi  |  

European digital bank N26 recently announced the appointment of Juan Bongiovanni to a key executive role. As noted in a blog post by N26, the digital bank confirmed the appointment of global marketing professional Juan Bongiovanni as Chief Marketing Officer. Juan will reportedly join the… Read More

December 11, 2023 @ 6:08 am By Omar Faridi  |  

SumUp, the global financial services company, announced it raised €285 million in funding led by Sixth Street Growth with further participation by Bain Capital Tech Opportunities, Fin Capital, and Liquidity Group. The funding will be used “to expand SumUp’s global footprint and deliver the tools… Read More

December 10, 2023 @ 10:37 pm By Omar Faridi  |  

Thistle Initiatives, part of the Thistle Group is pleased to announce its partnership agreement with ClearBank, the enabler of real-time clearing and embedded banking for financial institutions, “as its first trusted client compliance partner. ” As ClearBank’s partner, Thistle Initiatives provides support “on matters including,… Read More

December 10, 2023 @ 9:28 pm By Omar Faridi  |  

More people could access advice or support to help make their money “work harder” under proposals set out today by the Financial Conduct Authority (FCA) and the Government. The potential options aim to help more people benefit from investment opportunities, provide for later life, “save… Read More

December 9, 2023 @ 10:38 pm By Omar Faridi  |  

Safe, the smart wallet infrastructure provider, is collaborating with Sygnum, a digital asset banking group, and CoinCover, a UK-regulated recovery service provider, to launch Safe{RecoveryHub}, “offering a curated suite of crypto recovery options.” Built with Safe’s smart account infrastructure at its core, this marketplace of… Read More

December 8, 2023 @ 2:07 pm By Omar Faridi  |  

STOXX has introduced the STOXX Digital Asset Blue Chip index, which aims to track high-quality assets that represent the crypto universe today. The launch, in partnership with Bitcoin Suisse, a Swiss crypto-financial services provider, marks STOXX’s entry into the digital assets space. Dr. Dirk Klee,… Read More

December 8, 2023 @ 7:43 am By Omar Faridi  |  

The UK’s energy supply could require more than £900 billion in capital expenditure to achieve net zero by 20501, opening up “a significant opportunity for public and private capital in enabling a successful transition,” according to a new report published by NatWest and Boston Consulting… Read More

December 7, 2023 @ 11:28 pm By Omar Faridi  |  

In November, Mintos reveals that it saw investments in Notes reach €135.2 million, the largest growth in two years. According to Peteris Mikelsons, Head of Partnerships at Mintos, this upward trend can primarily be attributed to “larger than usual repurchases, primarily made by Eleving Group,… Read More

December 7, 2023 @ 10:23 pm By Omar Faridi  |  

From cafes and restaurants to the aesthetic of the properties, there are a lot of factors to consider when choosing a city to purchase a buy-to-let property, according to an update from UK’s Molo Finance. Nowadays, a location’s social media presence is also “becoming an… Read More

December 7, 2023 @ 8:08 am By Omar Faridi  |  

KPMG has shared its response to the latest UK Q3 M&A data. Rob Baxter, UK Head of Corporate Finance at KPMG, commented: “A combination of domestic and global factors continues to suppress UK dealmaking. But while the cost of borrowing will remain high, slowing inflation… Read More

December 7, 2023 @ 8:06 am By Omar Faridi  |  

Robinhood (NASDAQ: HOOD) is launching a Crypto app, which will be offered to all eligible customers in the European Union (EU). According to a blog post by Robinhood, it is “the only custodial crypto platform where customers will get a percentage of their trading volume… Read More