Tagged: europe

June 30, 2023 @ 8:00 am By Omar Faridi  |  

NatWest, which claims to be the UK’s biggest bank for business, is offering 24 months of free business banking to UK businesses “switching their main business banking account to NatWest.” The new SME switcher offer from NatWest for businesses “with up to £2m in turnover… Read More

June 29, 2023 @ 5:35 pm By Omar Faridi  |  

Bitpanda has announced that Bitpanda Pro, their digital asset exchange for institutions and “seasoned” investors, is rebranding and becoming ‘One Trading.’ Founded in 2014 and headquartered in Vienna, Bitpanda is one of the most successful digital asset firms in Europe. After a €30m Series A… Read More

June 29, 2023 @ 2:56 pm By Omar Faridi  |  

Ledger brings core tech and governance “to help institutions manage crypto trading risk and regulation with custodial trading solutions.” Ledger recently announced that the firm is “entering the institutional trading technology market with the first open network to enable custodial trading via exchange and custodial… Read More

June 29, 2023 @ 11:22 am By Omar Faridi  |  

Mastercard (NYSE: MA) announced the launch of the Multi Token Network (MTN), a set of core capabilities designed to make transactions within the blockchain and digital asset ecosystems secure, scalable and interoperable – enabling payment applications and trade more efficiently. A new solution for the… Read More

June 29, 2023 @ 9:29 am By Omar Faridi  |  

European SMEs are increasingly using cards and making online and  virtual payments, according to research by Qonto, the European business finance  solution for SMEs. Analysis published has looked at “the spending habits of 350,000 SMEs and freelancers.” The  data “shows increased card usage as well… Read More

June 29, 2023 @ 8:49 am By Omar Faridi  |  

Binance, which claims to be the largest crypto exchange that’s being sued by US regulators for a wide range of issues, has now had its European banking partner Paysafe Payment Solutions (NYSE: PSFE) reveal that it will stop offering its embedded wallet solution to the… Read More

June 28, 2023 @ 8:43 am By Omar Faridi  |  

In May, Estateguru’s crowdfunding platform reportedly saw €8.2M worth of new loans. In May of this year, Estateguru’s crowdfunding platform reported steady activity. Their sales team is now “concentrating on the Baltics and Finland: in Estonia the volume was €4.0M, in Lithuania €1.4M, in Latvia… Read More

June 28, 2023 @ 8:36 am By Omar Faridi  |  

UK law may be able to accommodate crypto-assets by introducing a new category of personal property that may include digital assets, independent body the Law Commission stated on Wednesday (June 28, 2023). In a ne report that has been commissioned by the government, the Law… Read More

June 27, 2023 @ 9:15 pm By Omar Faridi  |  

Feedzai, which claims to be the world’s first RiskOps platform for financial risk management, has partnered with Portuguese bank Novo Banco S.A. (Novobanco) “to further enhance the bank’s customer experience, improve its digital journey and provide best in class fraud protection.” Novobanco is a domestic… Read More

June 27, 2023 @ 6:42 pm By Omar Faridi  |  

Infosys (NYSE: INFY), which claims to be a global leader in next-generation digital services and consulting, announced that it has signed a strategic collaboration with Danske Bank, a Nordic Bank, to accelerate the bank’s digital transformation initiatives with speed and scale. This collaboration will help… Read More

June 27, 2023 @ 5:09 pm By Omar Faridi  |  

Global members of the buy-side community are “bullish” on digital assets and ESG investing amid widespread dialogue on both spaces, according to new research from SIX Group. The study, ‘Cornerstones for Growth’ (a Future of Finance Report from SIX), “surveyed 300 portfolio managers, asset allocators,… Read More

June 27, 2023 @ 9:45 am By Omar Faridi  |  

The final phase of a multi-stage process is now complete, and online savings platform SaveBetter has officially rebranded as Raisin. This change comes as the Berlin-headquartered Fintech platform “streamlines its identity across all markets to capitalize on brand awareness.” Globally, Raisin operates “as a free… Read More

June 27, 2023 @ 8:10 am By Omar Faridi  |  

The Swiss National Bank (SNB) will reportedly be issuing a wholesale central bank digital currency (CBDC) on Switzerland’s SIX digital exchange as part of a pilot program, the central bank’s chairperson revealed at a recent conference that took place in Zurich on Monday (June 26,… Read More

June 27, 2023 @ 8:06 am By Omar Faridi  |  

The team at Conio pleased to announce that their company has been selected among the six Italian fintech companies for the Visa Innovation Program Europe 2023. The program aims “to promote innovation in the financial and payment sectors by fostering collaboration and accelerating innovative companies… Read More

June 26, 2023 @ 6:06 pm By Omar Faridi  |  

wefox, which claims to be the world’s leading Insurtech, has made three new appointments to its Extended Executive Committee. Dr Ronny Fischer is appointed as SVP Strategy, Fabienne Doerig is appointed as SVP Operations and Dr Marc Olivier Morant joins the ExCo in his existing… Read More

June 26, 2023 @ 7:38 am By Omar Faridi  |  

The FSMA has noted that Binance is offering and providing exchange services in Belgium between virtual currencies and legal currencies, as well as custody wallet services, from countries that are “not members of the European Economic Area.” The FSMA has therefore ordered Binance “to cease,… Read More

June 26, 2023 @ 7:30 am By Omar Faridi  |  

Freetrade, which claims it is building the home screen app for your life savings, has raised 176% (£1,764,417.20) of its £1,000,000 target (from 3194 investors with 3 days left in the sale at the time of writing) through its crowdfunding campaign, carried out via Crowdcube…. Read More

June 24, 2023 @ 9:58 am By Omar Faridi  |  

Crypto.com announced that it has received its Virtual Asset Service Provider (VASP) registration from the Bank of Spain. Crypto.com secured this registration “following a comprehensive review of its compliance with Anti-Money Laundering Directive (AMLD) and other financial crimes laws, as well as measures to safeguard… Read More

June 23, 2023 @ 7:35 pm By Omar Faridi  |  

PayPal Holdings, Inc. (NASDAQ: PYPL) and KKR, a global investment firm, announced the signing of an exclusive multi-year agreement “for a €3 billion replenishing loan commitment under which private credit funds and accounts managed by KKR will purchase up to €40 billion of buy now,… Read More

June 23, 2023 @ 5:34 pm By Omar Faridi  |  

The European Union has introduced the European Digital Infrastructure Consortium (EDIC), a new entity that aims to focus on promoting blockchain policy in order to move Europe’s “digital decade” forward in a meaningful manner. The EDIC should become operational towards the end of 2024 and… Read More