Tagged: finland

December 4, 2023 @ 7:51 am By Omar Faridi  |  

S Group, the Finnish retail market firm, is set to enhance customer experiences through an extensive partnership with Adyen (ADYEN:AMS), the global financial technology platform of choice for leading businesses. S Group offers everyday services “at grocery stores, hotels and restaurants, department stores, service station stores,… Read More

December 1, 2023 @ 8:12 am By Omar Faridi  |  

Bondora reports that the month of October 2023 saw a rebound for originations and investments. Bondora notes in a blog post that after decreasing slightly in September, investments and originations rebounded in October. Both these statistics “totaled just over €15M, with a growth rate of… Read More

October 20, 2023 @ 11:06 pm By Omar Faridi  |  

Token.io, the account-to-account (A2A) payment infrastructure provider has announced the expansion of its direct open banking connectivity network to Sweden, Norway, Denmark and Finland, where it now “offers Account Information Services (AIS) and Payment Initiation Services (PIS) services.” This unlocks new opportunities “for Payment Service… Read More

September 23, 2023 @ 6:02 pm By Omar Faridi  |  

The growth that kickstarted in July has continued into August, “with increases across the board,” the team at Bondora noted. Loan originations, as well as investment product funding, “totaled over €15M each in August. Cash recoveries and collection efforts also increased to over €1M.” Bondora… Read More

August 16, 2023 @ 8:34 am By Omar Faridi  |  

Tietoevry is pleased to announce its collaboration with The Savings Banks Group Finland in order “to renew its lending platform, where Tietoevry’s Lending Suite, the leading credit solution in the Nordic markets, will serve as the foundation.” This strategic partnership is part of “a broader… Read More

August 14, 2023 @ 1:46 am By Omar Faridi  |  

July kickstarted what could be the “rebound” after a slow summer for investments and loan originations. Both originations and investments totaled over €14M each in July, according to a recent update from Bondora. As noted in a blog post by Bondora, the API technical error… Read More

August 9, 2023 @ 2:40 am By Omar Faridi  |  

Bondora notes that we are more than halfway through the year. Like with any goal, it’s essential to acknowledge achievements along the way to stay motivated on the path to success, the team at Bondora noted while adding “that a lot has happened already, and… Read More

July 9, 2023 @ 11:00 pm By Omar Faridi  |  

Despite small decreases, there was still a large number of investments and loans originated in May 2023, according to an update from European investment platform Bondora. Both were in the €19 million ballpark, which is still “some of the highest monthly amounts they’ve seen recently.”… 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 9, 2023 @ 3:13 pm By Omar Faridi  |  

In recent years, Danske Bank has made fundamental changes to the bank, resulting in a more focused business with a reduced risk level and a strengthened organization. Simultaneously they have “focused on strengthening our commercial momentum, and Danske Bank is on a clear trajectory to… Read More

May 16, 2023 @ 10:33 pm By Omar Faridi  |  

The first quarter of 2023 started and ended with “a bang,” according to Bondora. After February had some of the highest origination and investment figures Bondora has seen post-pandemic, March statistics reportedly surpassed “all previous records to set new all-time highs. Investments and originations topped… Read More

April 9, 2023 @ 11:47 pm By Omar Faridi  |  

The team at Bondora says that they truly believe in working hard and “celebrating hard.” Each update, no matter how small, should be acknowledged, the Bondora team added. And there were some significant milestones to celebrate in Q1 of 2023, the firm reveals. Bondora celebrated… Read More

March 19, 2023 @ 10:58 pm By Omar Faridi  |  

2023’s figures continue to “exceed expectations,” according to an update from investment platform Bondora. Investments for February via Bondora have “topped €20M for the first time in years, with a total of €20,660,543.” Increasing by 12.2%, loan originations on Bondora “totaled €19,228,733.” This is the… Read More

February 23, 2023 @ 7:53 am By Omar Faridi  |  

After an official tender process to procure a prepaid payment card service, the State Treasury of Finland and Kela (the Social Insurance Institution of Finland) awarded the contract to Finnish issuer processor Enfuce. The State Treasury of Finland, Kela, and Enfuce “signed the five-year contract… Read More

February 16, 2023 @ 9:10 pm By Omar Faridi  |  

Enfuce, the European card issuing and processing Fintech, has been selected by  Finnish e-commerce aggregator start-up Starcart in order “to offer its retailers and shoppers the speed, security and convenience of embedded virtual card payments.” The partnership is set “to transform the way in which… Read More

February 11, 2023 @ 3:27 pm By Omar Faridi  |  

2023 starts where 2022 ended, with a “strong wave” of loan originations and investments. Investors added a total of €17,087,257 to their accounts, according to an update from Bondora. And loan originations also launched into the new year “with an impressive €17,137,703.” In January, 2,179… Read More

January 12, 2023 @ 9:57 am By Omar Faridi  |  

The team at Bondora notes that 2022 ended strong “with impressive numbers across [their] portfolios.” December reportedly had “the highest loan originations and investment figures, over €1M in recoveries, and more.” In December, 1,500 new investors joined Bondora. Investors have “earned more than €88M in… Read More

January 9, 2023 @ 2:32 pm By Omar Faridi  |  

CubiCasa, a global-reaching real estate software company, announced that Georgia MLS has joined the company’s recently launched MLS Partnership Program. Through the program, participating MLSs can “unlock unique benefits to strengthen the free floor plans produced by the CubiCasa app and deliver more value to… Read More

January 5, 2023 @ 11:55 pm By Omar Faridi  |  

Coinmotion, a Finland-based cryptocurrency service provider, has obtained confirmation from the Bank of Spain as “a valid provider of virtual currency exchange services for fiat currency and custody of electronic wallets with the registration number D741.” This means that Coinmotion “reinforces its presence in the… Read More

December 30, 2022 @ 4:59 pm By Omar Faridi  |  

Enfuce, the Finnish cloud-native issuing and processing pioneer, has announced the launch of a pilot project with social enterprise Welcome.Place, Finnish mobile payments provider for employment benefits Epassi, and digital payments giant Visa in order “to distribute prepaid payment cards to refugees arriving in France.”… Read More