Tagged: europe

Bitpanda Announces Free Deposits to User Accounts Using PayPal for Austria and Germany Clients

Bitpanda says they’re always looking for new ways to make investing even more simple and secure. Bitpanda is now pleased to announce that – if you are resident in Germany and Austria – you can now “make free deposits to your Bitpanda wallet using PayPal.”… Read More

20% of European Consumers Willing to Use Financial Services from Travel and Hospitality Providers – Report

The study of 2020 consumers in Germany, posted by Solaris, aimed to unearth consumer attitudes “to taking out financial services from brands in the tourism sector.” Key findings shared by Solaris are as follows: Consumers indicate high levels of confidence and trust towards tourism brands,… Read More

Revolut Head of Financial Crime Warns Consumers to Stay Vigilant Amidst Surging Fraud

Revolut Head of Financial Crime is warning consumers to “stay vigilant amidst surging frauds this sale season as e-commerce scams such as fake websites become increasingly sophisticated.” Revolut’s single use virtual disposable cards, which “protect shoppers’ card details so they are never shared with vendors,… Read More

UK’s Alba Bank Adopts nCino Cloud Banking Platform for SME Lending

nCino, Inc. (NASDAQ: NCNO), a key player focused on cloud banking for the global financial services industry, announced that Alba Bank has made a significant step “towards supporting the UK’s small- and medium-sized businesses (SMEs) by adopting the nCino Cloud Banking Platform.” As a secure… Read More

Europe’s Wage Rises Now Helping with Recovery but Economies Face Risks – IMF Report

Europe’s economic recovery is getting a much-needed boost from rising wages and higher incomes, according to an update shared by the International Monetary Fund (IMF). But in countries where population aging is “shrinking the workforce, policymakers may soon face new challenges.” The IMF noted in… Read More

SMEs Show Resilience Despite Persistent Inflation But Rising Interest Rates Pose Challenges – iBanFirst Report

For SMEs, the year 2023 could mark a “turning point.” They have shown resilience “despite persistent inflation and the war in Ukraine, but they are now having to face rising interest rates which is making life tough for them for three reasons,” according to iBanFirst,… Read More

UK’s OakNorth Bank Research: Scale-up Firms Make Up 1% of SMEs, but Contribute £500B to Economy

OakNorth, the neobank for entrepreneurs, by entrepreneurs, has today published new research with the Social Market Foundation, a cross-party think tank, revealing the outsized impact of scale-up businesses1 on the UK economy by region, country, and sector. The new report, titled ‘The Scale of the… Read More

Bitpanda Technology Solutions and Amsterdam’s Regtech Fourthline Enable Secure Future in Digital Asset Compliance

At Bitpanda Technology Solutions, they’ve always been at the forefront of innovation, “committed to expanding our horizons and strengthening our network.” That’s why they’re pleased to announce their strategic partnership with Fourthline, an Amsterdam-based firm focused on AI-powered compliance solutions. In today’s fast-paced financial environment,… Read More

Fintech Enfuce and Funding Circle to Introduce Business Credit Cards for SMBs

Enfuce, a provider of embedded finance solutions, has revealed a new partnership with UK-based small business lending platform Funding Circle (LSE: FCH) to launch its new small business credit card as part of its FlexiPay product. FlexiPay is a revolving line of credit that “helps small… Read More

Germany’s Insurtech wefox Appoints Paul Onnen as Chief Technology Officer

wefox, the European insurtech, has appointed Paul Onnen as Chief Technology Officer, with immediate effect. Mr. Onnen takes over the role from Sergi Banos who “was promoted to Chief Platform Officer (CPO) as the company accelerates its plans to launch the platform that will connect… Read More

lastminute, the European Travel Tech Firm, Teams Up with Payments Fintech Checkout.com

lastminute.com N.V., the European Travel-Tech firm focused on Dynamic Holiday Packages, announces its appointment of Checkout.com as its global payment service provider. Recently celebrating its 25-year anniversary, the lastminute Group is described as “an iconic online travel destination serving millions of customers annually with holiday… Read More

European Personal Finance Firm Iute Group Reports Latest Operational Results

Iute Group reports that its performing loans portfolio and revenue continued to grow in the 9 months of 2023. The company has further shared the following financial and operational updates: Number of active customers declined “to 282 thousand (31 Dec. 2022: 293 thousand) but the… Read More

Digital Asset Firm Gemini Says It’s Dedicated to UK Market and Complying with Travel Rule

At Gemini, they believe that the crypto ecosystem must include guardrails and an appropriate level of transparency to protect users from financial crime and fraud. Gemini claim they have always “been dedicated to regulatory compliance and believe that adherence to the Travel Rule is an… Read More

UK’s LendInvest Mortgages Delivers Streamlined Offer for Key Worker, a First Time Buyer

LendInvest Mortgages, the UK’s platform for mortgages, has delivered a mortgage offer in just four days “for a Key Worker looking to purchase their first home.” The borrower, a nurse, was “seeking finance for a residential property in Tilbury, for her first home.” As noted… Read More

Banking Circle, Ant Group to Explore Tokenized Deposit Innovations

Banking Circle S.A. announced a partnership with Ant Group to work on a pioneering liquidity management project, “exploring technology innovations on tokenized deposits which will improve efficiency and speed of global fund settlements.” Banking Circle infrastructure and the blockchain platform “developed by Ant Group will… Read More

Nucleus UK Retirement Confidence Index: Advice Gap Gets All the Focus, but Planning Gap Also Matters

Nucleus Financial Platforms, one of the UK’s independent, adviser platform groups, launches the UK Retirement Confidence Index. The research study has reportedly “involved surveying more than 2,200 UK adults aged 50 and over by YouGov.” It’s based on responses “to the central question of how… Read More

Finance Execs Are “Bullish” on Growth Prospects, SIX Research Study Claims

Over three-quarters (77%) of senior finance executives globally expect the economic environment to improve over the coming year, “up considerably from two-thirds (66%) in 2022.” That is according to the latest Future of Finance Study by SIX – an annual survey “that canvasses the opinions… Read More

British Business Bank Introduces £70M Investment Fund for Northern Ireland

The British Business Bank launches a new £70million commitment to support smaller businesses from all sectors right across Northern Ireland. The Investment Fund for Northern Ireland (IFNI) aims “to drive sustainable economic growth by supporting innovation and creating local opportunities for new and scaling businesses… Read More

Money 20/20 Europe – Amsterdam

Money20/20 is home to the global leaders and challengers. From tech giants to the fastest-growing startups, everyone who is someone in money is found here – ready to access the knowledge, trends, expert insights, and new ideas while making the connections to prepare for what’s… Read More

PeerBerry Reports €46.2M of War-Affected Loans Now Repaid to Investors

In 21 months of the war (since February 24, 2022), PeerBerry business partners Aventus Group and Gofingo Group have, in total, repaid PeerBerry investors €46.2 million or 92% of the total outstanding war-affected obligations. Today, Gofingo Group repaid PeerBerry investors €200 000 in war-affected loans…. Read More

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