Tagged: luxembourg

SIX Group to Leverage Luxembourg Fintech LUXHUB’s Open Banking Tech to Streamline Switzerland’s Financial Sector

Luxembourg based Fintech firm LUXHUB has partnered with Zürich-headquartered Swiss Infrastructure and Exchange (SIX) Group AG, the operator of Switzerland’s stock exchange. According to a release, the SIX Group will be using LUXHUB’s Open Banking technology. As mentioned in the announcement: “SIX continues to invest… Read More

Digital Asset Platform Tokeny Solutions to Provide Private Security Data to Invenium Capital Partners, Tokeny’s Real Estate Secondary Market Forthcoming

Tokeny Solutions, a digital asset platform facilitating primary issuance and management of security tokens, has partnered with Invenium Capital Partners to provide private security data. Invenium is described as a “Fintech SaaS” company with offices in New York City and Northville, Michigan. Founded in 2017,… Read More

UK Fintech Galytix to Offer AI and Machine Learning Enhanced Smart Data Analytics Solution for Obtaining Reliable Company Data

Banking professionals, asset managers, insurance providers and Big Four auditing firms need access to reliable information about businesses. Fintech firm Galytix has introduced an economic intelligence platform that allows users to gain access to important information about companies. Galytix is reportedly planning to establish operations… Read More

Security Tokens: Kaspersky Confirms Security of Tokeny Solutions Smart Contract Protocol

Security tokenization platform Tokeny Solutions has announced today that a review by well-known cybersecurity firm Kaspersky has “confirmed” the overall security of its smart contract protocol – the Token for Regulated EXchanges or T-REX. Tokeny Solutions is a primary issuance platform for digital assets that… Read More

Leading European Tokenization Platform Tokeny Signs MoU with Monaco to Facilitate STOs

Tokeny Solutions, a digital asset platform providing primary issuance of security tokens, has signed a Memorandum of Understanding (MoU) with the Principality of Monaco. The Luxembourg based Fintech is expected to provide support for the issuance of various tokenized financial instruments. According to a statement… Read More

Investment Marketplace for Music Royalties ANote Music Schedules July Launch

ANote Music, a marketplace for investing in music royalties, is planning to launch on July 28, 2020, according to a company release. Based in Luxembourg, ANote Music plans to allow users to invest in music, own rights from content creators, and earn returns through the… Read More

European Regulators Only Issued 34 Payment Institution and E-Money Licenses During First 5 Months of 2020, and 131 Such Permits During Same Period in 2019

The global economy has slowed down considerably during the past few months due to COVID-19. Many businesses and industries have been negatively affected, including financial services providers. The pandemic has destabilized private capital markets. Investments in new initiatives and early-stage companies have decreased significantly. During… Read More

Regtech: Luxembourg-based Open Banking Firm LuxHub Secures €7.4 Million, Focused on PSD2 Regulatory Standards

Luxembourg-based Open Banking firm LuxHub has secured €7.4 million from its founder banking institutions, which include Banque Raiffeisen, BGL BNP Paribas, Post Luxembourg, and Spuerkeess. Established a few years back by these four banks, LuxHub claims it has assisted around 40 financial service providers with… Read More

Impact Investing Platform Bamboo Capital Partners Publishes Report on 2019 Performance

Founded in 2007, Bamboo Capital Partners is an impact investing platform that provides innovative financing solutions to bridge the gap between seed and growth-stage funding.  Bamboo aims to improve the lives of marginalized communities while delivering strong financial returns. Since inception, Bamboo reports having raised… Read More

STOKR Partners with Lemon Way Enabling Payment Gateway for Security Token Issuance

STOKR S.A. has partnered with payment platform Lemon Way S.A.S, thus allowing for registration with the French financial regulator Autorité de Control Prudentiel et de Resolution (ACPR) as payment service agent (a​gent prestataire de services de paiement​). STOKR is now subject to the supervision of… Read More

Germany: BaFin Said to Approve First Cross Border Security Token Offering in ParkinGO

The German Federal Financial Supervisory Authority or BaFin, has approved the first cross-border security token offering (STO) for ParkinGO, according to the company. ParkinGO will be issuing digital securities on the token issuance platform STOKR based in Luxembourg. Retail investors in Germany, along with investors… Read More

Digital Assets: Tokeny, a Tokenization Platform, Partners with Cynopsis on AML and KYC

Luxembourg based Fintech Tokeny Solutions has partnered with Cynopsis to provide a streamlined compliance solution to its customers. Cynopsis Solutions was established in Singapore in 2014 and offers services designed to automate KYC processes. It has operations in Singapore, UK, Taiwan, and Vietnam. Cynopsis Solutions… Read More

Financial Infrastructure Developer Banking Circle Receives Banking License from Luxembourg’s Financial Regulator

Banking Circle, a financial infrastructure developer, has been awarded a banking license from Luxembourg’s financial regulator. Established in 2013, Banking Circle serves as an alternative to the high-cost traditional banking network. The company’s services aim to provide greater financial utility, allowing Fintech firms to gain… Read More

Sogexia Aims to Become First True European Neobank, Gains Payments Authorisation in Luxembourg

Sogexia has been authorized as a payment institution by the Minister of Finances of Luxembourg and has been granted at the same time the European passport enabling the Fintech to operate within the 31 countries of the European Economic Area (EEA). A company representative said… Read More

Neobank Sogexia Granted Payment Institution License By the Minister of Finances of Luxembourg

Neobanking group Sogexia announced on Monday it has been granted its payment institution license by the Minister of Finances of Luxembourg. The company reported that since 2010 it has been providing to both consumers and corporates the ability to open a payment account in a… Read More

Security Token Issuance Platform Tokeny Forms Partnership with PwC

Digital asset primary issuance platform Tokeny has announced a new partnership with PwC. Tokeny is a Luxembourg based Fintech that enables companies, banks, funds, real estate assets and more to tokenize these securities using blockchain technology. Tokeny enables institutional grade, issuance, transfer and servicing management… Read More

Tech-Enable Governance Solutions Governance.com Secures €3 Million Through Latest Investment Round

Governance.com, a Luxembourg-based company that provides technology-enabled governance solutions, has secured €3 million through its latest investment round.  Founded in 2014, Governance.com helps regulated businesses achieve sustainable business success by understanding critical process information, enabling users to identify and deal with exceptions while recording every… Read More

Hello Luxembourg: Fintech Map Displays Robust Financial Services Innovation Ecosystem

Luxembourg is a relatively small EU country that has long been home to a good number of financial services firms. In fact, with a population of just 615,000, it is one of the smallest countries in Europe but it also claims one of the highest… Read More

Dubai Financial Services Authority and Luxembourg’s Commission de Surveillance du Secteur Financier to Work on Developing Fintech Platforms

The Dubai Financial Services Authority (DFSA) and the Commission de Surveillance du Secteur Financier (CSSF) Luxembourg have made an agreement to work cooperatively to develop Fintech-related platforms. The cooperation framework shows that both regulators have made an effort to encourage the development of innovative technologies… Read More

Token Issuance & Trading Platform VNX Exchange Announces Launch and First Asset Backed Token

VNX Exchange, a Luxembourg based Fintech, has officially launched. The token issuance and trading platform kicked things off with the issuance of its first asset-backed digital asset during the Global Venture Summit in Luxembourg. The launch ceremony was followed by a panel discussion on “Digital… Read More

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