Tagged: finland

July 18, 2024 @ 9:54 am By Omar Faridi  |  

Bondora reveals that June was a “record-breaking” month for loan originations, thanks to steady growth in Finland and the Netherlands. Overall, Bondora Group’s loan originations has reportedly “totaled €24,567,566 – the highest origination amount ever.” In June, Bondora pointed out that 1,507 more people “created… Read More

June 17, 2024 @ 8:41 pm By Omar Faridi  |  

Liberis, the global embedded finance platform announced today, a partnership with Paytrail, the Finnish online payment service provider. Paytrail Financing, powered by Liberis, is designed to “offer e-commerce businesses in Finland revenue-based financing within a simple 4-click journey.” Revenue-based finance is not yet “a staple… Read More

May 14, 2024 @ 9:25 am By JD Alois  |  

Invesdor, one of the oldest securities crowdfunding platforms in Europe, says it has funded the largest sustainability securities online offering in Europe. According to the platform, the Fryslân wind farm in the Netherlands raised €6 million in just one day. The securities offering went on… Read More

February 27, 2024 @ 9:27 am By JD Alois  |  

Finland-based Enfuce, a card issuer and payment processor, says it has been approved to operate in the UK with an E-money license (EMI). Frequently, Fintechs in the UK will leverage the license to provide more banking services. The company says this is a key moment… Read More

February 3, 2024 @ 11:39 am By Omar Faridi  |  

Estateguru reports that with the continued support of clients has allowed them to weather the storm, and consolidate their status as a key player focused on property backed lending in Finland, and the Baltics. Estateguru‘s management notes in a blog post that the challenging macroeconomic… Read More

February 1, 2024 @ 9:22 pm By Omar Faridi  |  

Kvarn Capital, a digital asset firm licensed under the Finnish Financial Supervisory Authority (FIN-FSA), has chosen Talos as its technology provider to empower Kvarn X, its brokerage platform, to “provide advanced brokerage services to its individual and institutional clients.” This integration includes access to Talos’s… Read More

December 23, 2023 @ 11:16 am By Omar Faridi  |  

Bondora reveals that November showed signs of slightly less activity for loan originations. Bondora noted that Finland remains “the most robust loan market, with over €10M in loan originations in November alone.” Due to strategic risk policy changes, “the Spanish market is also temporarily closed… Read More

December 14, 2023 @ 9:10 pm By Omar Faridi  |  

OP and Nordea are establishing a joint venture whose goal is to solve payment challenges domestically. The plan is to develop solutions for paying “by phone number and managing e-invoices that benefit both consumers and companies.” The solution is built to “be open to other… Read More

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 31, 2023 @ 9:11 am By Omar Faridi  |  

After continued increases in July and August, Bondora has seen “slight dips” for originations and investments in September. As noted in a blog post by Bondora, both these statistics “totaled just under €15M, decreasing 5.1% from the previous month. Cash recoveries, however, did well, totaling… 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