Tagged: europe

February 5, 2024 @ 8:10 am By Omar Faridi  |  

Vault Hill, which is described as an AI-powered metaverse designed to enrich engagement & create new revenue channels, has acquired over £215,000 from 45 investors (at the time of writing) through its crowdfunding campaign, carried out via Seedrs. There are currently two days left in… Read More

February 5, 2024 @ 8:07 am By Omar Faridi  |  

Debitum says they are pleased to announce that a new investment product – shorter terms and daily interest repayments – is available to their investors starting now. Debitum is a licensed and regulated platform “where it is possible to invest only in bond-like financial instruments… Read More

February 5, 2024 @ 8:04 am By Omar Faridi  |  

In December, Mintos reports that it continued its strong performance, with investments in Notes reaching €113.7 million. According to Peteris Mikelsons, Head of Partnerships at Mintos, “this marks the second-best month in 2023, following the peak in November.” However, the supply of new loans “failed… Read More

February 4, 2024 @ 6:06 pm By Omar Faridi  |  

Aldona Micė has reportedly been appointed as the Head of Risk and Recovery at HeavyFinance. According to an update shared by HeavyFinance, Aldona Micė has been “with farmers through many floods and droughts.” She was recently appointed as “a new Head of Risk and Recovery… Read More

February 4, 2024 @ 5:55 pm By Omar Faridi  |  

The Bank of England has recently shared a Working Paper, focused on open banking, and it is attributed to several authors including Tania Babina, Saleem Bahaj, Greg Buchak, Filippo De Marco, Angus Foulis, Will Gornall, Francesco Mazzola and Tong Yu. As noted in the paper… Read More

February 4, 2024 @ 1:25 pm By Omar Faridi  |  

Businesses in the United Kingdom have reportedly entered the new year with renewed positivity as overall confidence rose to the highest level for nearly two years. The Barometer – which measures businesses’ confidence by assessing their trading prospects and optimism in the economy – shows… Read More

February 4, 2024 @ 1:14 pm By Omar Faridi  |  

LendInvest Mortgages, which claims to be one of the UK’s leading platforms for mortgages, has launched its Strategic Partners program for 2024, relationships that will be directly managed by Nigel Robbins, who was recently promoted to National Account Manager. In his new role, Nigel will… Read More

February 3, 2024 @ 11:39 am By Omar Faridi  |  

Estateguru reports that with the continued support of clients has allowed them to weather the storm, and consolidate their status as a key player focused on property backed lending in Finland, and the Baltics. Estateguru‘s management notes in a blog post that the challenging macroeconomic… Read More

February 3, 2024 @ 10:35 am By Omar Faridi  |  

Kaldi App, whose developers are on a mission is to transform the savings habits of Gen Z & Millennials by getting them to save earlier & better, has raised £472,875 from 140 investors at the time of writing with 25 days left in the firm’s crowdfunding… Read More

February 1, 2024 @ 9:22 pm By Omar Faridi  |  

Kvarn Capital, a digital asset firm licensed under the Finnish Financial Supervisory Authority (FIN-FSA), has chosen Talos as its technology provider to empower Kvarn X, its brokerage platform, to “provide advanced brokerage services to its individual and institutional clients.” This integration includes access to Talos’s… Read More

February 1, 2024 @ 7:58 pm By Omar Faridi  |  

Banco Santander has announced the appointment of Petri Nikkilä as the new global CEO of Openbank and head of the Digital Consumer Bank’s non-auto consumer business. Mr. Nikkilä succeeds Ezequiel Szafir, who “was Openbank’s CEO until last year, and will report to Daniel Barriuso, head… Read More

February 1, 2024 @ 8:17 am By Omar Faridi  |  

Bank of Ireland has announced an investment of more than €60 million in a range of branch improvements, including the Bank’s largest single investment in ATMs in the last decade. Starting later this year, a new fleet of ATMs will “be rolled out to all… Read More

February 1, 2024 @ 7:53 am By Omar Faridi  |  

Dynatrace (NYSE: DT), which claims to be among the leaders in unified observability and security, has recently announced that it is working with Lloyds Banking Group, which is reportedly one of the UK’s largest financial services providers, in order “to measure the environmental carbon impact… Read More

February 1, 2024 @ 1:22 am By Omar Faridi  |  

ClearBank, the enabler of real-time clearing and embedded banking for financial institutions, announces a new report on the Electronic Money Institution (EMI) market in the UK and Europe. The independent report, commissioned by ClearBank and produced by leading analyst house Celent, finds “that EMIs now… Read More

January 31, 2024 @ 9:21 am By JD Alois  |  

Dublin-based Fenergo has been selected by the Centralis Group to improve its client and investor onboarding process. Fenergo is a company that provides “Client Lifecycle Management” (CLM) solutions, including Know your Customer (KYC) and Anti-Money-Laundering (AML) services. Fenergo offers a regulatory-compliant service for onboarding and… Read More

January 31, 2024 @ 8:53 am By Omar Faridi  |  

Tandem, a UK digital bank, has announced the appointment of Maria Khan, as Director of Product and Digital, and Chris Parker, as Head of Marketing. As Director of Product and Digital, Maria leads “the development of Tandem’s exciting digital offering, working with the team to… Read More

January 31, 2024 @ 8:50 am By Omar Faridi  |  

Kriya, a B2B payments Fintech, has announced that it has secured a new £50 million debt facility from debt partner Viola Credit. This will allow the fintech “to power over £1 billion of B2B Payments over the next 24 months.” With this facility, Kriya intends… Read More

January 30, 2024 @ 10:56 pm By Omar Faridi  |  

HeavyFinance, a climate tech investment marketplace, has successfully financed €50 million in agricultural loans across Europe. This significant sum has been allocated “across the current markets where HeavyFinance operates, including Bulgaria, Latvia, Lithuania, Poland, and Portugal.” The €50 million has been “distributed across almost 1,700… Read More

January 30, 2024 @ 7:45 am By Omar Faridi  |  

bunq, which claims to be the second largest neobank in Europe, reports a net profit of €53.1 million in 2023. A “testament” to bunq’s sustainable business model proven to yield record profits throughout 2023, the challenger will “direct its net profit to propel its global… Read More

January 30, 2024 @ 7:42 am By Omar Faridi  |  

Bitpanda is announcing the launch of Bitpanda Wealth, which is described as the specialized service tailored specifically to meet the unique needs of High-Net-Worth Individuals (HNWIs), Family Offices, External Asset Managers and Corporate Treasuries. Responding to the demands of investors in our current markets in… Read More