Tagged: spain

Life Length’s Crowdcube Round Is Now Nearing £2 Million in Funding Secured

Life Length, a Spain-based telomere diagnostics and analyses company, has successfully secured £1.97 million in funding through its equity crowdfunding campaign on Crowdcube. The round was launched last month and quickly surpassed its £650,000 funding target. It has also attracted nearly 700 investors. Founded in… Read More

Celsius Network to Now Offer Loans in Euro & Stablecoins to Spain-Based Users

Celsius Network, a cryptocurrency lending and borrowing platform, announced on Tuesday it started offering cash and stablecoin loans to users in Spain. Accoridng to the platform, the loans are starting at just 4.95% per year and are claimed to represent the lowest cost available anywhere… Read More

BBVA Partners With Dufry Launches First WeChat Facilities in Spain at Adolfo Suarez Madrid-Barajas Airport

BBVA announced on Monday it has teamed up with Dufry to launched the first WeChat Pay facilities in Spain in travel retail operator’s World Duty Free stores at the Adolfo Suarez Madrid-Barajas airport. According to BBVA, the move is a “hugely significant shift” within the… Read More

Nanusens Raises €600,000 on Crowdcube

Nanotech firm Nanusens has closed on a crowdfunding round of €600,000 via Crowdcube. The offering was hosted via Crowdcube’s Spain facing platform. Nanusens raised approximately 3X its initial goal. The pre-money valuation was pegged at £4.9 million pounds with investors looking to purchase a 10.4%… Read More

Spanish Civil Guard Arrests 8 Individuals Running “Cryptocurrency Laundering as a Service” Operation

Officers of the Spanish Civil Guard in Spain assisted by Europol have arrested eight people and charged eight more for allegedly, “…providing large-scale crypto money laundering services to other criminal organizations.” Europol says the bust of this “cryptocurrency laundering as a service business” comes follows operation… Read More

Overfunding: Nanusens Latest Crowdcube Round Surpasses £200,000 Funding Target & Now Nears £350,000

Less than six months after securing €1 million through its previous Crowdcube round, Spanish nanotechnology company Nanusens has returned to the equity crowdfunding platform and has surpassed its £200,000 initial funding target. The funding round is now nearing £350,000 from more than 400 investors. As… Read More

GeoDB Raises Funds on Crowdcube to Grow Big Data Marketplace

Fintech startup GeoDB aims to provide a big data marketplace that includes an encrypted, safe, transparent, verified, accurate and decentralized datapool and also to solve the existing problems of the growing big data industry. The platform has recently begun £750,000 crowdfunding campaign on Crowdcube for… Read More

Spain Regulator: No ICOs Have Been Approved

Spain’s Comision Nacional Del Mercado de Valores (National Securities Market Commission or CNMV) has issued a statement clarifying that, to date, it has not approved any ICOs fundraising within its jurisdiction. According to a release from the Commission processed [Google Translate]: “The CNMV has not… Read More

Spanish CryptoMining Company to Return $68 Million Raised in ICO, Distances Self from “Loser” Token

CryptoSolarTech, a Spanish cryptocurrency mining company that raised $68 million USD (60 million euros) in an ICO fundraise last spring has sent a letter to investors announcing that the company will cease operations and return the money collected in the ICO, Cointelegraph reports. A copy… Read More

Crowdfunding: Startupxplore Claims to be Spain’s Largest Online Startup Network

In a release, equity crowdfunding platform Startupxplore stakes a claim as being “Spain’s largest online startup investors network.” The statement is based on Startupxplore having  14,703 registered individual investors. The site was launched in 2016 and reports having funded €6.5 million in 28 different deals.  Startupxplore is regulated by… Read More

Clubs DiR Returns to Crowdcube Again to Finance 24th Club, Raises €550,000

The Clubs DiR gym chain has closed a funding round of €550,000 via Crowdcube. The funding will provide needed capital to finance its twenty-fourth club, BDiR Calvet, which is expected to open its doors in 2019. Crowdcube reports that, in total, 142 people invested with… Read More

Nomo Banking Adds Raisin Savings Products to App based Platform

Nomo Banking, an App based banking service targeting freelancers, has added Raisin’s service to its platform. The bank will now offer its customers multiple options for overnight accounts and fixed-term deposits via Europe’s #1 deposit marketplace. Raisin currently provides access to over 65 different products… Read More

Raisin Partners with Santander on Open Banking, Spanish Savers Gain Access to Higher Interest Rates

Fintech Raisin has announced a new partnership with Santander Spain with an “Open Banking Agreement” which allows customers to authorize the bank to share with Raisin defined data for the registration process, including a customer’s name, date of birth, ID or contact details. Thus, registration… Read More

Spain: Finance Regulator Blacklists Unauthorized Crypto Exchange

Spain’s finance regulator, The Comision Nacional del Mercado de Valores (CNMV), has blacklisted a purported crypto and Forex brokerage called FX Trading corporation after the CNMV determined the company was facilitating “asset” trades for Spanish investors without being licensed to do so in the country,… Read More

Barcelona E-Bike Santafixie Cycles Toward Crowdcube Crowdfunding Success

Barcelona-based Santafixie Group, a brand and e-commerce of bicycles and components,  has released its own brand of bicycles, with nearly 90K orders and counting. Aiming to be the go-to global brand for bicycles, Santafixie is seeking an investment injection in order to release new models… Read More

Crowdcube Highlights from 2018, Including an Exciting Focus on Spain

This week UK based crowdfunding platform Crowdcube touted its best year to date when measured by multiple metrics; Q4 was said to be the most successful quarter in the history of the platform. Crowdcube channelled 166 million euros in 198 capital campaigns for European companies this… Read More

A Good Way to Diversify? Netherlands Crypto Firm Libereum Purchases Spanish Football Club Elche CF

Netherlands based crypto firm Libereum has acquired the Spanish football club Elche CF, according to a note from the company. Libereum said the purchase was conditioned on a bank guarantee of € 4.3 million as a 1st downpayment.  Libereum believes there is the potential for Elche CF to return to… Read More

BCN Nanotecher Nanusens Closes €1M+ Crowdcube Funding Round

Barcelona-based Nanusens nanotechnology company has closed a €1,073,800 financing round through the Crowdcube investment marketplace, aided by a Inveready seed capital fund and 785 private investors. This campaign marked the fifth capital increase carried out by Nanusens.  Caixa Capital Risc Dieco Capital and its shareholders…. Read More

Digital Bank Revolut Takes Heat for Clumsy Hiring Ploy Asking Applicants to Source 200 New Accounts to Be Considered [u]

Fintech unicorn Revolut is taking some heat for what appears to be a clumsy recruitment tactic that may backfire. First reported in Spanish news site ElDiario, the digital bank has apparently requested applicants for a open position to work for free and provide 200 bank… Read More

Spain Passes New Tax Laws Requiring Disclosure of Crypto Transactions and Holdings

As part of its efforts to capture tax dollars and curtail fraud and tax amnesties, the government of Spain has passed new anti-fraud laws requiring the mandatory declaration of cryptocurrency holdings and the documentation of all “operations” involving them, ABC Economy reports. Minister of Finance,… Read More

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