Tagged: europe

UK’s Metro Bank Introduces Vulnerable Customer Online Hub

Metro Bank has created dedicated online hubs both to support brokers who may be “working with a vulnerable client, and customers going through a period of vulnerability themselves.” The Bank has launched “a dedicated Vulnerable Customer page on its intermediary website to help brokers understand… Read More

Investment Platform Robocash Reports Solid Results, Key Changes in August 2023

Robocash notes that the month of July turned out to be “active,” which is reflected in the key monthly figures. For now, Robo.cash says they are still “keeping a low-key offer and waiting for updates from the business.” As covered, Robo.cash has announced upcoming changes… Read More

CoinShares Reports Minor Digital Asset Fund Outflows, but Inflows for Bitcoin (BTC)

James Butterfill from CoinShares notes that have been minor outflows, but inflows for Bitcoin. So, is negative sentiment “on the turn?” As noted in the update from CoinShares, digital asset investment product flows cooled off, with relatively minor outflows totaling US$11.2 million. This run of negative… Read More

PeerBerry Reports Record €75.36M of Loans Funded in August via Platform

In August, PeerBerry reportedly crossed two key milestones. PeerBerry investors funded “a record amount of EUR 75.36 million in loans, exceeding a pre-war level”. It is the largest amount funded “in one month on the platform in PeerBerry’s six-year history.” At the end of August,… Read More

Swiss B2B Fintech GenTwo Raises Series A led by Point72 Ventures

GenTwo, a Swiss-based B2B Fintech platform specialized in securitization of bankable and non-bankable assets, announced that it has raised a USD 15 million Series A led by US-based Point72 Ventures. In conjunction with the investment round, Pete Casella, Senior Partner and Co-Head of Fintech investments… Read More

Digital Identity Solutions: Veridas Voice Biometrics Now Available on Genesys AppFoundry

Veridas, a Spanish technology company specializing in digital identity and biometrics,  announces its Voice Biometrics Solution is now “available on the Genesys AppFoundry, a marketplace of solutions offering a curated selection of applications and integrations that elevate customer and employee experiences.” With Veridas Voice Biometrics,… Read More

Arendt Services Taps Dublin Regtech Fenergo to Deliver Frictionless Investor Experiences

Arendt Services announces a partnership with Fenergo in order “to deliver its investment management clients a best-in-class, investor lifecycle experience.” Arendt Services will leverage Fenergo’s Software-as-a-Service (Saas) Client Lifecycle Management (CLM) solution “to meet investor expectations for a frictionless onboarding and maintenance experience.” Arendt Services… Read More

UK Government Expected to Miss Inflation Target in 2023, Report Claims

The vast majority of SME finance experts expect the Government to “miss its target of halving inflation by the end of the year,” iwoca’s latest Q2 2023 SME Expert Index finds. The new research, carried out with over one hundred SME finance brokers who collectively… Read More

UK Insurtech Qover Obtains FCA Authorization License

Qover, which claims to be a leader in embedded insurance orchestration, announces the successful granting of a Financial Conduct Authority (FCA) full authorization. Following seven years of active operations in the UK market, this achievement ensures Qover’s continued growth “across the continent post-Brexit and underscores… Read More

Banking Circle Joins Spanish Association of Fintech and Insurtech (AEFI)

Banking Circle, the Payments Bank for the new economy, is strengthening its presence in Spain “with membership of the Spanish Association of Fintech & Insurtech (AEFI).” A modern correspondent bank committed to building a local clearing network for all major currencies, Banking Circle says that… Read More

Arqit Quantum, Sierra Nevada Corp. Mission Systems UK Announce Strategic Teaming Agreement

With two weeks until the start of DSEI 2023, Arqit Quantum Inc. (Nasdaq: ARQQ, ARQQW) and Sierra Nevada Corporation Mission Systems UK, LTD. (announced a strategic partnership to collaborate “on creating resilient high-grade security solutions and services.” Arqit claims that it is “a leader in… Read More

UK Financial Inclusion Report Examines Impact of a Cost of Living Credit Crunch, State of Personal and Household Finances

Plend‘s ‘Financial Inclusion Report notes that the impact of a cost of living credit crunch’ is far-reaching. The update touches on the effects of “the cost of living crisis, personal and household finances, and the resulting impacts on access to financial services in the UK.”… Read More

Keyrock’s Accelerator Program Starts in Belgium with High-Potential Fintech, Web3 Startups

Keyrock, a digital asset market maker, is announcing the selection of eight web3 and Fintech startups for the 1st edition of its acceleration program in partnership with Tenity, a prominent global accelerator and incubator for fintech. The first edition of Keyrock’s Accelerator Program will “start… Read More

Worldcoin Crypto Initiative Is Being Scrutinized by Regulators in Several Jurisdictions

Growing numbers of world governments are beginning to scrutinize the services provided by Worldcoin, which is described as a crypto-related initiative that’s co-founded by OpenAI Chief Executive Officer Sam Altman that was officially launched in July of this year. Nearly 2.3 million consumers throughout the… Read More

UK’s Workplace Pension Provider, Smart Pension, Reportedly Among First to Make Deforestation Commitment

Smart Pension, which claims to be one of the UK’s leading workplace pension schemes, announces it is committing “to removing commodity-driven deforestation from its main investment arrangements.” Smart Pension is reportedly one of the first pension providers “to make such a commitment and one of… Read More

Digital Assets: Zodia Custody Appoints Jonathan Hugh as CFO

Zodia Custody, which claims to be a leading institution-first digital asset custodian whose shareholders include Standard Chartered, SBI Holdings and Northern Trust, has recently appointed Jonathan Hugh as “the firm’s new Chief Financial Officer, effective immediately.” As part of his role, Jonathan will be “responsible… Read More

Financial Wellbeing: Civica, Experian to Enhance Worker Payday Experience

Customers of global software provider Civica will benefit from enhanced payroll information thanks to a new partnership with Experian. Through Experian’s interactive digital platform, PayDashboard, Civica users “will be empowered to better engage with, and understand their payslip information, helping them to take control of… Read More

Aventus Group to Cover War-Affected Short-Term Obligations Towards PeerBerry Investors

Aventus Group is about to “fully cover” its war-affected short-term obligations towards PeerBerry investors, including accumulated interest “totaling EUR 35.13 million.” The final repayment of Aventus Group war-affected short-term obligations “will be processed on September 5.” On September 5, PeerBerry will reportedly “process the last… Read More

Global Payments Fintech iBanFirst Appoints New Chief Operations Officer

Julien Molez joins iBanFirst as Chief Operations Officer and becomes a member of the company’s Executive Committee (EXCO). With nearly 20 years of experience in consulting, technology, and artificial intelligence within leading financial institutions, Julien will “leverage his expertise to contribute to the operational excellence… Read More

Coinbase Enables Seamless Crypto Purchases for Germany, UK Clients via PayPal

Users in Germany and the UK can now link their PayPal (NASDAQ:PYPL) account directly to Coinbase (NASDAQ:COIN) in order to buy cryptocurrencies, “providing a hassle-free, trusted, and secure purchasing and withdrawal option.” Coinbase now offers their German and UK users a quick and hassle-free method… Read More

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