finleap connect, an open banking platform, has signed a strategic partnership agreement with SIA, a European hi-tech company in the payment services and infrastructures sector, controlled by CDP Equity, to deliver new open banking services to European Fintechs, banks and more, according to a release…. Read More
A Blast from the Past. Bitgrail, a bankrupt crypto exchange that previously operated in Italy, has surfaced in the media once again. Back in 2018 news emerged of a significant crypto theft of around $150 million in Nano (XRB). At that time a post on… Read More
Yolt, a money management app, will now allow its debit card-holding customers to make payments through Apple Pay. The integration will let Yolt’s users complete digital payments via their iPhones or Apple Watches, instead of having to settle transactions with cash or their physical cards…. Read More
Raisin, a top European Fintech that has created a highly successful deposits marketplace, has expanded its services into Italy in a new partnership with Banca Sella. Founded in 1886, Banca Sella is the retail and commercial bank of Sella Group, Italy’s largest privately owned and… Read More
Challenger bank FinecoBank has expanded its investment offerings once again with a series of funds from Robeco. Account holders will now have access to Robeco’s range of investment products, including a number of products focused in the sustainable sector. FinecoBank says more partnerships are in… Read More
Italian mobile payments firm Satispay has secured €93 million (appr. $110.5 million) in capital from a share sale to several different investors which includes payments company Square (NYSE:SQ), tech giant Tencent (HKG: 0700), LGT Lightstone and TIM Ventures. Satispay’s investment round consisted of €68 million… Read More
Italy’s first digital bank, illimity, is reporting a pre-tax profit for the third quarter of €13.2 million (+31% over the previous quarter) and a net profit of €24 million in the first nine months of 2020. This compares to a loss of €18 million in… Read More
Italy-based banking challenger Aidexa has secured €45 million in funding through a seed round. Established by Roberto Nicastro, former GM at Unicredit, Aidexa plans to leverage artificial intelligence (AI) and Open Banking to help Italian SMEs with streamlining their banking and overall business operations. Aidexa… Read More
Skrill, the online payments company behind Skrill Money Transfer, announced on Friday it is once again dropping all fees and foreign exchange charges for anyone using Skrill Money Transfer to send funds in or out of Italy as the country begins a new wave of… Read More
The COVID-19 pandemic has negatively impacted the operations of small businesses across the globe. European SMEs are the lifeblood of the region’s economy and a recent report claims that nearly half of these companies might shut down within the next 12 months. According to research… Read More
Italy-based Enel will soon be the first of Europe’s major utilities providers to introduce a digital banking platform this month. According to Reuters, the virtual bank will let customers open a new current account by using the debit card they use to settle their energy… Read More
The LSE Group has issued a statement on the proposed divestment of Borsa Italiana Group in a transaction with Euronext. The deal will see a sale to Euronext for an equity value of €4.325 billion, plus an additional amount reflecting cash generation to completion. The… Read More
Two European payments firms, Nexi S.p.A. and SIA S.p.A. have signed a memorandum of understanding (MoU) regarding the integration of the two groups through the merger by incorporation of SIA into Nexi, according to a release. The MoU was executed by the respective shareholders, CDPE3… Read More
Nexi, an Italy-based paytech, announced on Tuesday it has formed a new partnership with UK fintech Ebury. Through the partnership, Ebury will join Nexi Open and Nexi’s partner banks will be able to offer their clients the full suite of Ebury services, which includes international… Read More
Enrico Vigano, CFA and CEO and Founder at FinDynamic (from Milan Area, Italy), notes that a new Fintech tool has been introduced which aims to support supply chains. Vigano confirmed that Diners Club Italia and FinDynamic (a company offers an “innovative form of supply chain… Read More
October, a leading European online lender, notes that in the past 5 years, it has issued over 450 million euros in loans to different companies. The marketplace lender reveals that 100 projects, or 10% of all projects that have received loans through its platform, were… Read More
Germany, France, Italy, Spain, and the Netherlands recently asked the European Commission (EC) to draft strict regulatory policies for stablecoins, which are digital assets that are supposed to be backed or pegged 1-to-1 with major fiat currencies like the US dollar or the British pound… Read More
Revolut has partnered with TrueLayer, a financial service API provider, to incorporate open banking features in Italy. According to a release issued by the digital bank, Revolut customers in Italy will now be able to connect their Intesa Sanpaolo, UniCredit, UBI Banca, Banco BPM, Poste… Read More
The London Stock Exchange (LSE), which is based in the City of London, England and has a market cap of around $4.6 trillion, is reportedly looking into whether it should sell its Borsa Italiana business, so that it can appease certain European Union regulators, and… Read More
Flowe has announced the selection of SIA to provide digital banking services including e-money, payments, current accounts, loans and savings management. Flowe is part of the Mediolanum Group, an Italian e-money institution. SIA is a European hi-tech company in the payment services and infrastructures sector… Read More
Crowdfund Insider is the leading news and information web site covering the emerging global industry of disruptive finance including investment crowdfunding, Blockchain peer-to-peer / marketplace lending and other forms of Fintech.
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it and agree to our terms of service.Ok