Tagged: europe

October 18, 2023 @ 9:54 pm By Omar Faridi  |  

UBS (NYSE:UBS) is partnering with the Geneva Science and Diplomacy Anticipator Foundation (GESDA), CERN, the Swiss Federal Department of Foreign Affairs, and Swiss higher-education institutions ETH Zurich and EPFL to create the Open Quantum Institute (OQI), which is being launched today in Geneva. Through science… Read More

October 18, 2023 @ 1:55 pm By Omar Faridi  |  

Marqeta (NASDAQ: MQ), the global modern card issuing platform enabling some of the world’s most innovative embedded finance solutions, today announced a new partnership with Scalapay, Southern Europe’s BNPL provider, “to leverage Marqeta’s platform to issue cards both online and in-store.” Marqeta and Scalapay have… Read More

October 18, 2023 @ 9:58 am By Omar Faridi  |  

Coinbase (NASDAQ:COIN) is reporting that Germany will become a Regional Talent Hub, “marking another key milestone in our international expansion strategy.” In 2021, Coinbase claimed that it had become the first crypto company “to receive a crypto license from BaFin.” This license, for crypto custody… Read More

October 18, 2023 @ 9:49 am By Omar Faridi  |  

ThinCats are pleased to announce the appointment of Dan Hartley as Chief Financial Officer. ThinCats notes in a blog post that Dan has over “a decade of experience in senior financial roles and joins from the Lowell Group, one of the largest credit management companies… Read More

October 18, 2023 @ 7:20 am By Omar Faridi  |  

The UK’s Financial Conduct Authority (FCA) has reportedly agreed with Fintech Modulr to place customer onboarding restrictions until the service provider adheres to applicable regulatory guidelines. At the start of this month, the FCA had placed a restriction for the firm, which prevents it from… Read More

October 17, 2023 @ 11:17 pm By Omar Faridi  |  

iwoca, which claims to be one of Europe’s largest SME lenders, announces a new funding line with initial commitments of £200 million from Barclays and Värde Partners. In January this year, iwoca secured “an increase and extension to its existing funding line, with long-standing partner… Read More

October 17, 2023 @ 9:45 pm By Omar Faridi  |  

At Payhawk, their primary focus is their clients. Customer-centricity has been the most critical part of their culture from day one, and they claim to make it a priority to listen to customer feedback and iterate and improve their solution based on their needs. The… Read More

October 17, 2023 @ 4:45 pm By Omar Faridi  |  

Adyen (AMS: ADYEN), the global financial technology platform of choice for leading businesses, brings Tap to Pay on iPhone to its Australian retailer customers. By partnering with NewStore for the launch, businesses “including R.M.Williams, Lorna Jane, and Munro Footwear Group, parent company to Mathers, Williams,… Read More

October 17, 2023 @ 10:23 am By Omar Faridi  |  

Edinburgh-based venture capital firm Par Equity has today announced the launch of its new venture fund – Par Equity Ventures I LP. The firm has secured “a first close of £67m to boost innovative technology companies with high-growth potential in the North of England, Northern… Read More

October 17, 2023 @ 8:42 am By Omar Faridi  |  

Tether, the largest stablecoin company in the world, reaffirmed its commitment to working closely with law enforcement agencies across the globe to combat cryptocurrency-funded terrorism and warfare. To date, Tether has “aided 31 agencies worldwide with investigations across 19 jurisdictions, freezing a total of $835… Read More

October 16, 2023 @ 11:03 pm By Omar Faridi  |  

PeerBerry’s business partner – real estate developer Lithome – repaid investors a EUR 320 000 (real estate project “City Stories”, funding of the first construction stage) loan and paid EUR 30,406 in interest. PeerBerry closed one more record month – in September, PeerBerry investors funded… Read More

October 16, 2023 @ 9:53 pm By Omar Faridi  |  

Castles Technology, which claims to be one of the world’s top payment solutions providers is pleased to announce a partnership with Worldline (Euronext; WLN) for its first international deployment of a comprehensive range of Android payment terminals and associated services, including repair and staging. Through… Read More

October 16, 2023 @ 12:42 pm By Omar Faridi  |  

The month of September has shown “promising” growth on Mintos. Total investments via Mintos saw “a significant increase to €94.9 million, and interest earned by investors climbed to €4.1 million.” This upward trend was primarily “driven by the same trend we observed in August,” explained… Read More

October 16, 2023 @ 10:59 am By Omar Faridi  |  

SIX, the global financial information provider, is leveraging leading Network as a Service provider Megaport in order to “provide customers seamless private access to its data services via any major public cloud provider.” The service is available as of today and “covers more than 100… Read More

October 16, 2023 @ 9:28 am By Omar Faridi  |  

Uncertainty over the economic outlook and rising costs continued to weigh on hiring decisions in September, according to the KPMG and REC, UK Report on Jobs survey, compiled by S&P Global. Permanent placements fell again as companies “were often reluctant to commit to permanent hires,… Read More

October 16, 2023 @ 9:17 am By Omar Faridi  |  

Founded in 2017 in the Netherlands, Fourthline has developed a technological suite that enables financial service providers to automatically and compliantly perform KYC (Know Your Customer) and AML (Anti-Money Laundering) procedures in accordance with local requirements. Fourthline offers a single API “to streamline the onboarding… Read More

October 16, 2023 @ 8:21 am By Omar Faridi  |  

The AMF announces the appointment of its new Secretary General, Sébastien Raspiller Following a decision by the Chair of the Autorité des Marchés Financiers (AMF), Sébastien Raspiller will be “appointed Secretary General of the AMF on 16 October 2023.” He replaces Benoît de Juvigny, who… Read More

October 14, 2023 @ 5:55 pm By Omar Faridi  |  

Smart Pension, which claims to be one of the UK’s leading workplace pension schemes, announces that it aims to reduce the emissions of its default growth fund by 75% by 2030. This new target swiftly follows the announcement that Smart Pension “had achieved a 50%… Read More

October 14, 2023 @ 10:35 am By Omar Faridi  |  

The European Investment Fund (EIF) and KBC Insurance have announced a new investment partnership that will see the Belgium-based Banking and Insurance Group support up to €200 million of equity investments in sustainable infrastructure projects across Europe. The deal, signed in Brussels, runs over “a… Read More

October 14, 2023 @ 9:23 am By Omar Faridi  |  

While the summer may traditionally be a quieter time of the year for many businesses, CrowdProperty says that it bucked the trend by funding £100 million in property development projects within the last quarter. The CrowdProperty team of experts claims that they “continued to be… Read More