Tagged: portugal

July 15, 2020 @ 9:52 am By Samantha Hurst  |  

Open banking platform Railsbank recently announced it has formed a partnership with Portugal-based The Fintech House. According to Railsbank, The Fintech House started in 2019 and is an initiative of Portugal Fintech. “[The Fintech House] was a natural step to keep developing this ecosystem after… Read More

June 21, 2020 @ 3:45 pm By Omar Faridi  |  

Andréa Toucinho, the Director of Studies, Prospective and Training of Partelya Consulting and Country Ambassador for France of European Women Payments Network (EWPN), notes that it’s necessary to develop a European vision or roadmap for adopting Open Banking and Open Finance platforms. She suggests that… Read More

March 3, 2020 @ 10:23 am By JD Alois  |  

Most banks suck when it comes to moving money around internationally. Bogus rates and nosebleed fees = screw the customer. Transferwise has generously provided a solution for this problem with its bank-friendly API. Today, Transferwise has announced a new partnership with Activo Bank in Portugal…. Read More

December 5, 2019 @ 10:18 pm By Samantha Hurst  |  

Tink, a Sweden-based fintech that provides APIs to create next-generation banking services, announced on Thursday it has launched its service in both Italy and Portugal. As previously reported, Tink provides partners ranging from big banks to individual developers with the technology to securely access financial… Read More

September 2, 2019 @ 7:45 am By JD Alois  |  

Digital bank Revolut is expanding into Portugal with a new customer operations center in Porto. The company reports that it will hire up to 400 new employees at the new location. Ricardo Macieira, an ex-Airbnb executive, and Rebeca Venancio, formerly at Microsoft, have been appointed… Read More

August 7, 2019 @ 7:56 am By JD Alois  |  

EstateGuru, an online marketplace for secured, short term loans, has launched in Portugal, according to a note from the company. EstateGuru is now providing crowdfunding services in six different countries including Estonia, Latvia, Lithuania, Finland, and Spain. EstateGuru said by opening in the Portuguese market… Read More

July 25, 2019 @ 8:26 am By JD Alois  |  

Phone House, a European electronics retailers and telecommunications providers, has formed a partnership with UTtrust, a cryptocurrency payment solution. UTrust, based in Switzerland, went live earlier this year when football club Benifica enlisted its services to accept cryptocurrency payments. Beginning next month, Phone House customers… Read More

July 11, 2019 @ 8:15 am By Samantha Hurst  |  

Uphold, a U.S.-based digital finance platform, announced on Thursday it has doubled its presence in the country of Portugal by acquiring Scytale, a digital agency based in Braga, Portugal. As previously reported, Uphold is on a  mission to create trusted access to digital money and… Read More

May 22, 2019 @ 1:44 pm By Samantha Hurst  |  

Portugal-based agriculture tech company, Agroop, has successfully secured its initial €500,000 funding target through its latest equity crowdfunding campaign on Seedrs. The funding round was launched in March, less than two years after Agroop obtained €514,000 on the funding platform.  As previously reported, Agroop was… Read More

April 1, 2019 @ 11:03 am By Samantha Hurst  |  

Just a little over a year after securing nearly €200,000 through its first Seedrs funding round, Corkbrick Europe has returned to the equity crowdfunding platform to raise €250,000. As previously reported, Corkbrick was founded in 2012 by father-daughter duo Miguel Reynolds Brandão and Catarina Reynolds… Read More

March 7, 2019 @ 1:34 pm By Samantha Hurst  |  

Portugal-based agriculture tech company, Agroop, is now seeking €500,000 through its new equity crowdfunding campaign on Seedrs. As previously reported, Agroop was founded in 2014 with a mission to democratize the access to technology in the farming sector by building a big data analytics platform… Read More

January 12, 2019 @ 9:26 pm By JD Alois  |  

Indico Capital Partners has launched a new venture capital fund. According to a release from the group, the Lisbon based fund has raised €41 million from global LPs calling it the first major Lisbon based fund. The fund aims to identify and invest in the “most… Read More

December 27, 2018 @ 7:14 am By Samantha Hurst  |  

Undandy, a Portugal-based custom-made shoe company, has closed its equity crowdfunding round on Crowdcube. The campaign was launched last month and raised nearly £1.1 million from more than 275 investors. As previously reported, Undandy, which was founded in 2015, offers fully customizable, handcrafted shoes through its 3D online design… Read More

December 11, 2018 @ 12:13 pm By Samantha Hurst  |  

Banco BNI Europa and Edebex announced on Tuesday they celebrated the first anniversary of their partnership that makes available an online platform for the purchase and sale of invoices to Portuguese companies with working capital needs, offering an innovative alternative to financial credit and traditional… Read More

November 25, 2018 @ 9:01 pm By Samantha Hurst  |  

Undandy, a Portugal-based custom-made shoe company, has successfully secured its initial 1 million funding target through equity crowdfunding platform, Crowdcube. The funding round was launched earlier this month and has attracted nearly 150 investors. As previously reported, Undandy, which was founded in 2015, offers fully customizable, handcrafted shoes… Read More

July 19, 2018 @ 8:48 am By JD Alois  |  

Raize, a peer to peer lender, became the first initial public offering out of Portugal this week since 2014. The small cap online lender IPOed at €2.00 yesterday (July 18th) having gained 1400 new shareholders. Trading on the Euronext Access exchange under ticker MLRZE shares increased the… Read More

June 27, 2018 @ 5:04 am By JD Alois  |  

Portuguese peer-to-peer lender Raize has announced an initial public offering (IPO) where it will float 15% of the company’s shares. An additional 10% of shares will be made available for a period of 6 months once trading starts on the 18th of July – trading… Read More

June 25, 2018 @ 7:01 am By JD Alois  |  

Fintechs Banco BNI Europa and Raisin have furthered the collaboration between the two firms. Banco BNI Europe says it has entered into a cooperation to allow Portuguese savers to gain access to the best savings rates available from across Europe. BNI Europa Executive Chairman Pedro… Read More

June 6, 2018 @ 8:10 am By JD Alois  |  

Banco BNI Europa, a European digital only bank, has partnered with Alterest to boost their lending vertical. Alterest is a loan data and intelligence platform that should help Banco BNI streamline their analytics, risk management and originating partnerships. Banco BNI says the partnership comprises of data-feeds… Read More

May 14, 2018 @ 2:00 am By JD Alois  |  

Banco BNI Europa, a digital challenger bank based in Portugal, has partnered with Lendrock in Spain to provide financing to consumers looking to buy a car. Banco BNI said it will invest up to €15 million on this online financing platform that specializes in near… Read More