Tagged: spain

November 28, 2021 @ 12:02 pm By Omar Faridi  |  

ID Finance, which claims to be one of the fastest-growing Fintechs in Spain and Mexico, has raised 106% (€1,062,883) of its €1M fundraising target from 459 investors (at the time of writing) via Crowdcube with 3 days left in its crowdfunding campaign. After a record-setting… Read More

November 25, 2021 @ 8:21 am By Omar Faridi  |  

TrueLayer, which is one of Europe’s Open Banking platforms, has announced its collaboration with Spanish broker Ninety Nine in order to provide an enhanced experience leveraging open banking payments. Ninety Nine was formed with the stated goal to educate consumers on investing and “empower their… Read More

November 22, 2021 @ 5:01 pm By JD Alois  |  

MetaSoccer, an earn-to-play football metaverse developed primarily on the blockchain, says it has raised  €2 million to launch the first football game in the metaverse. In a release, Barcelona-based MetaSoccer said that investors include Play Ventures, Defiance Capital, Parafi Capital, DAO Maker, Kyros Ventures, Metrix… Read More

November 22, 2021 @ 3:43 pm By Omar Faridi  |  

European P2P lender Bondora notes that after a “booming” September, where the platform managed to recover over €2.3 million in missed payments, these figures “subsided” during the month of October 2021. As mentioned in a report from Bondora, there was a total of €977,354 that… Read More

November 17, 2021 @ 8:21 am By JD Alois  |  

Yapily, an open banking platform, has expanded into Spain, according to a company statement. Yapily notes that it already can cover over 95% of Spanish bank accounts, both retail and commercial, at 52 banks. Yapily recently raised $51 milion in Series-B funding and said it… Read More

November 7, 2021 @ 1:21 pm By Omar Faridi  |  

Croatian P2P lender Robo.cash has shared the performance of its loan originators for Q3 2021. The Robo.cash team writes in a blog post, dated November 2, 2021, that today, they’re updating clients on the results of the Robo.cash loan originators in Q3. UnaPay, the Philippines… Read More

November 3, 2021 @ 5:33 pm By Omar Faridi  |  

BBVA, the Spanish multinational banking group, and the Sella Group have reportedly entered into a partnership that is focused on supporting Open finance. Through the partnership, BBVA will be providing its foreign clients, who are willing to operate in Italy and those of the newly… Read More

October 30, 2021 @ 4:18 pm By Omar Faridi  |  

F10 Spain has announced 10 high-potential startups that are joining the second cohort of its Incubation Program in Barcelona. Chosen from over 180 national and global applications, this batch aims to bring innovative business models and trends, includes more female founders and “a good mix… Read More

October 25, 2021 @ 7:38 am By Omar Faridi  |  

After a “positive jump” in the Bondora portfolio during the month of August 2021, originations had slightly lower return rates “as a whole in September.” European P2P lender Bondora also mentioned that originations still “show good returns when compared to their target rates.” Here are… Read More

October 22, 2021 @ 7:09 am By Omar Faridi  |  

The BBVA Group is launching an all-digital retail banking in Italy, with a “unique” value proposition and customer experience. BBVA is entering the Italian market with free digital banking; “one of the most secure cards in the world – as there are no printed numbers… Read More

October 11, 2021 @ 11:09 am By Omar Faridi  |  

Banco Santander (NYSE: SAN) has started to introduce its sustainable payment cards, which are reportedly made with recycled material. The cards are being rolled out in Spain. Santander had previously launched the “One Card” design in Poland and Portugal. The financial institution plans to have… Read More

October 7, 2021 @ 9:47 am By Omar Faridi  |  

Veriff is focused on continuing its global expansion with a new Barcelona-based tech hub. The Veriff team writes in a blog post they’re coming to Barcelona and that their new hub will open soon, and they’re currently looking for talent in the Catalan city. As… Read More

October 2, 2021 @ 8:47 am By Omar Faridi  |  

There have been many new developments in the banking and Fintech space with new research predicting growth across various areas of the fast-evolving sector. The team at payments specialist Banking Circle notes that they were recognized at Money 20/20 by two industry awards. Banking Circle… Read More

September 29, 2021 @ 10:40 am By Omar Faridi  |  

Earlier this year, the Central Bank of Spain (BdE), the Monetary Authority of Spain (Comisión Nacional de Mercados y Valores – CNMV), and Directorate-General for Insurance and Pension Funds (DGSFP) had revealed that that Spanish firm Vottun had been chosen to take part in the… Read More

September 29, 2021 @ 7:47 am By Omar Faridi  |  

UK-based digital bank Starling is expanding its business operations into Europe. As of H1 2022, “subject to regulatory approval,” Starling intends to make its Banking as a Service (BaaS) solution offering available in the European Union, which includes France, Germany, The Netherlands and Spain, according… Read More

September 27, 2021 @ 9:52 am By Omar Faridi  |  

European P2P lending platform Bondora reveals that the number of loans recovered and the amount of cash recovered from missed or skipped payments “jumped higher in August.” This is the opposite of the trend observed in the month of July 2021, which saw these two… Read More

September 25, 2021 @ 10:59 am By Omar Faridi  |  

Fintech firm Modulr has now opened business offices in the Netherlands, which will serve as “the springboard for its EU-wide expansion in 2022 and 2023.” Following steady business growth in the United Kingdom during the last 5 years, Modulr is expanding rapidly, putting significant investment… Read More

September 21, 2021 @ 8:45 am By Omar Faridi  |  

bolttech, one of the fastest-growing global Insurtech unicorns, reveals that it has completed an extension of its $180 million series A round that was led by Activant Capital Group, bringing the series total to $210 million. As mentioned in a release, this is the largest… Read More

September 12, 2021 @ 11:47 am By Omar Faridi  |  

European P2P lending service Bondora reveals that during the month of August 2021, there were 2,155 new investors that joined their platform, bringing the total number of investors to 172,809 individuals. More than €472M has now been invested via Bondora, and investors have earned over… Read More

September 7, 2021 @ 8:36 am By Omar Faridi  |  

European P2P lender Mintos reveals that it has reached another key milestone with EUR 7 billion of loans now funded via its platform. The Mintos team writes in a blog post, dated September 6, 2021, that it’s been a year of milestones for them, and… Read More