Tagged: europe

June 23, 2023 @ 1:49 pm By Omar Faridi  |  

UK Fintech Modulr has reportedly expanded its embedded payments product offerings to France and Spain. With this recent expansion move as well as a layer of localization, French and Spanish companies are able to leverage Modulr’s embedded payments solutions to enhance their market competitiveness within… Read More

June 23, 2023 @ 12:21 pm By Omar Faridi  |  

Provenir, which claims to be a global leader in data and AI-powered risk decisioning software, announced the appointment of Carol Hamilton as its Chief Product Officer. Based in Provenir’s London office, Hamilton will be “responsible for shaping the company’s global product strategy, overseeing product development… Read More

June 23, 2023 @ 9:31 am By Omar Faridi  |  

CACEIS, the asset servicing unit that’s owned by Credit Agricole (ACA.PA) and Santander (NYSE: SAN), has reportedly registered with France’s markets regulator AMF in order to offer digital asset custody services (including cryptocurrencies). The firm has registered as a digital asset service provider (DASP) on… Read More

June 23, 2023 @ 7:16 am By Omar Faridi  |  

Funding Circle (LSE: FCH),which claims to be the UK’s largest small business lending platform, and Waterfall Asset Management (WAM), a multi-national institutional asset manager, announce “the closing of a £240m securitization backed by SME loans.” The loans, “financed by funds managed by WAM, and originated… Read More

June 22, 2023 @ 3:55 pm By Omar Faridi  |  

LHV Bank, a banking services provider to Fintech companies, has been selected by Montonio, a “rapidly growing” e-commerce checkout solution provider, to enhance its merchant services. LHV Bank’s robust API-driven infrastructure “will serve as the backbone for Montonio’s enhanced customer experience.” With LHV Bank’s suite… Read More

June 22, 2023 @ 9:52 am By Omar Faridi  |  

After obtaining the corresponding approval certificates from the EPC, CaixaBank and Iberpay announce that their respective payment technology platforms are ready “to imminently process, as of June 22, the first SEPA Request-to-Pay in Europe.” In parallel, CaixaBank, which has become the first bank in Europe… Read More

June 21, 2023 @ 9:53 am By Omar Faridi  |  

We recently caught up with Valerii Brizhatiuk, Chief Product Officer, Co-Founder at Swisstronik, a layer-1 solution designed to build scalable decentralized applications that ensure users’ data protection and privacy, while remaining in compliance with local regulations. According to the project team, Swisstronik is unique because… Read More

June 21, 2023 @ 7:49 am By Omar Faridi  |  

Deutsche Bank AG (ETR: DBK) has reportedly submitted an application for obtaining regulatory clearance to serve as a digital asset custodian, based in Germany, the bank revealed on Tuesday (June 20, 2023). As first reported by Bloomberg, this latest development from Deutsche Bank comes only… Read More

June 20, 2023 @ 5:42 pm By Omar Faridi  |  

Cboe Global Markets Inc. (Cboe: CBOE), the derivatives and securities exchange network, today announced that Cboe Clear Europe, its Amsterdam-based clearing house, is planning to introduce a Central Counterparty (CCP) clearing service “for securities financing transactions (SFT) in Q3 2024, subject to regulatory approvals.” This… Read More

June 20, 2023 @ 3:27 pm By Omar Faridi  |  

Analysis from online pension provider, PensionBee, reveals an increase in the number of pension savers who would like to see the oil sector completely excluded from their pension investments, from 15% in 2022 to 21% in 2023. PensionBee’s annual Tailored Plan survey, “which seeks to… Read More

June 20, 2023 @ 11:15 am By Omar Faridi  |  

Compass, the Mediobanca Group consumer credit arm, has signed an agreement to acquire 100% of HeidiPay Switzerland AG from HeidiPay AG. HeidiPay Switzerland AG is described as “a fast-growing Swiss company specializing in the Buy Now Pay Later (BNPL) segment, with over 400 commercial agreements… Read More

June 20, 2023 @ 11:12 am By Omar Faridi  |  

Global fintech SumUp has unveiled its latest UK campaign, with a merchant-centric push that champions the businesses, entrepreneurs and SMEs that power the country, dubbed ‘Local Heroes’. The focus of the campaign is SumUp merchants “from West London and its aim is to use a… Read More

June 19, 2023 @ 8:39 am By Omar Faridi  |  

Bitpanda Cash Plus is described as a new way for the community “to earn 2.57% yield and even more on their cash, and another big step towards our goal of simplifying wealth creation for everyone.” As explained in a blog post, Bitpanda Cash Plus claims… Read More

June 18, 2023 @ 6:38 pm By Omar Faridi  |  

Transcend, a provider of liquidity, funding, and collateral optimization solutions, has appointed Emily Harris as a Product Specialist, based out of the United Kingdom. In this role, Emily will “focus on leading Transcend’s securities finance product development efforts and growing the firm’s global footprint, particularly… Read More

June 16, 2023 @ 3:53 pm By Omar Faridi  |  

Coincover, the digital asset protection company, announces the appointment of Vikki Sly as Chief People Officer (CPO), boosting the firm’s commitment to building a healthy scaling business. With a strong background in designing and implementing successful internal cultures, Vikki will play “an integral role in… Read More

June 16, 2023 @ 11:22 am By Omar Faridi  |  

Backbase, the global firm focused on Engagement Banking software, announced its acquisition of Nucoro, the UK-based digital wealth platform for an undisclosed amount. The acquisition will allow Backbase “to incorporate Nucoro’s headless platform capabilities directly into the Backbase Engagement Banking platform, enabling its customers to… Read More

June 16, 2023 @ 9:34 am By Omar Faridi  |  

VC firm Molten Ventures has reportedly written down its current holding in digital banking platform Revolut by a sizeable 40%. This move is adding to the Fintech firm’s recent challenges as it struggles to obtain a UK banking license. Molten Ventures has discounted the value… Read More

June 16, 2023 @ 9:21 am By Omar Faridi  |  

Digital bank Zopa has appointed Peter Donlon and Kate Erb as CTO and COO respectively, pending regulatory approval. Peter and Kate add significant technology and operations experience “to Zopa’s leadership roster as the company matures and enters its next stage of growth to become Britain’s… Read More

June 15, 2023 @ 11:29 pm By Omar Faridi  |  

The team at Yapily has hired Tanya Ziv as Chief Operating Officer (COO) to lead operations and strengthen their position as the leading open banking platform in the UK and Europe. With over 15 years of experience leading compliance and risk departments in the fintech… Read More

June 15, 2023 @ 10:57 pm By Omar Faridi  |  

Capita plc  announces it has been awarded a contract by the City of London Police to deliver customer contact and victim engagement services for the force’s new fraud reporting service. The contract will reportedly “run from 2024 and is worth approximately £50m over five years,… Read More