Tagged: europe

July 3, 2023 @ 3:11 pm By Omar Faridi  |  

From 3rd July 2023, Monzo Premium’s worldwide family travel insurance will be provided by Zurich, powered by Qover. Most of the things covered by the insurance will “stay the same.” As will the excess amount and the price of Monzo Premium, the team at Monzo… Read More

July 3, 2023 @ 8:32 am By Omar Faridi  |  

LendInvest plc (AIM: LINV), which claims to be the UK’s leading platform for mortgages, has announced a £500 million investment “to fund part of its future mortgage originations for its Buy-to-Let and Residential Mortgage products from Chetwood Financial Limited.” This new funding will “further the… Read More

July 3, 2023 @ 7:55 am By Omar Faridi  |  

Qardus, which claims to be an ethical & Sharia-compliant financing platform for social impact SMEs and investors, has secured 106% (£318,837) of its £300,002 target from 153 investors (at the time of writing) with 17 days left in the firm’s crowdfunding campaign carried out via… Read More

July 3, 2023 @ 7:20 am By Omar Faridi  |  

PeerBerry investors funded €65.12 million of loans in June and received €819,213 in interest. The amount of funded loans on the PeerBerry platform “was 3% higher than the previous month.” PeerBerry’s portfolio “amounted to €115.17 million at the end of June.” 1205 new investors “joined… Read More

July 3, 2023 @ 7:16 am By Omar Faridi  |  

Trade Ledger, the global technology provider for the commercial banking and financial services industry, is excited to announce the opening of its new office in Krakow, Poland. This strategic expansion marks Trade Ledger’s first development hub in the EU, “further strengthening its global footprint and… Read More

July 3, 2023 @ 5:18 am By Omar Faridi  |  

Shawbrook has announced the appointment of Sarah Woolf as the new Senior Regional Development Manager in its Real Estate team. Sarah originally joined Shawbrook in 2012 “as a Business Development Manager, and in 2016 took on the role of Head of Sales.” Sarah left Shawbrook… Read More

July 2, 2023 @ 6:51 pm By Omar Faridi  |  

Over three-quarters or 75% of the population in Lombardy, Italy’s largest and most industrialized area, banked online this past year, compared with the national average of just 63%, the Bank of Italy recently revealed. Virtual banking in Lombardy has reportedly increased by around 20 percentage… Read More

July 2, 2023 @ 2:59 pm By Omar Faridi  |  

Two-in-three people are likely to take time out “to provide unpaid care at some point during their working life,” according to a new report from online pension provider, PensionBee. The Carer’s Pension Gap report highlights “the extent of unpaid care in the UK and how… Read More

July 2, 2023 @ 2:45 pm By Omar Faridi  |  

Chris Ansara, CEO of UK-based Regtech startup docStribute and Chair, Phil Shelley, have shared their career insights on the necessity of digital transformation in order to meet FCA regulations as well as decarbonize global business. As many sectors struggle to meet regulatory demands, particularly financial… Read More

July 2, 2023 @ 2:40 pm By Omar Faridi  |  

Businesses in the UK can now give their trade customers up to 12 months to pay for products or services, with a new feature of iwoca‘s integrated B2B payments solution iwocaPay. Building on a 3 month offering, iwocaPay has now added “a second option allowing… Read More

June 30, 2023 @ 5:56 pm By Omar Faridi  |  

FloQast, a provider of accounting workflow automation software created by accountants for accountants, announced a strategic implementation partnership with BDO Germany to implement FloQast in the DACH (Germany, Austria, and Switzerland) region. Through the partnership, FloQast will leverage BDO Germany’s expertise “to continue international expansion… Read More

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