Tagged: spain

June 24, 2023 @ 9:58 am By Omar Faridi  |  

Crypto.com announced that it has received its Virtual Asset Service Provider (VASP) registration from the Bank of Spain. Crypto.com secured this registration “following a comprehensive review of its compliance with Anti-Money Laundering Directive (AMLD) and other financial crimes laws, as well as measures to safeguard… Read More

June 23, 2023 @ 7:35 pm By Omar Faridi  |  

PayPal Holdings, Inc. (NASDAQ: PYPL) and KKR, a global investment firm, announced the signing of an exclusive multi-year agreement “for a €3 billion replenishing loan commitment under which private credit funds and accounts managed by KKR will purchase up to €40 billion of buy now,… Read More

May 27, 2023 @ 7:22 am By Omar Faridi  |  

CaixaBank launches Smartphone TPV, a solution designed for businesses, professionals and the self-employed of any size and sector, “enabling them to easily accept card payments of any amount from mobile devices, without the need for an additional device, as was previously necessary.” It is reportedly… Read More

May 16, 2023 @ 10:33 pm By Omar Faridi  |  

The first quarter of 2023 started and ended with “a bang,” according to Bondora. After February had some of the highest origination and investment figures Bondora has seen post-pandemic, March statistics reportedly surpassed “all previous records to set new all-time highs. Investments and originations topped… Read More

May 16, 2023 @ 9:40 am By Omar Faridi  |  

The digital bank N26 announced the launch of its new N26 Instant Savings account in Spain, offering eligible customers “with a Spanish IBAN 2.26% AER (2,26% NIR) on deposits with no conditions of permanence, no minimum deposit amounts required, no additional fees, and no need… Read More

April 20, 2023 @ 8:39 am By Omar Faridi  |  

Investments from continental Europe are available in 112 different countries throughout the world, according to an update from Robo.cash. On the continent, Spain reportedly ranks first as an investment-attractive сountry. Outside of Europe, the United States leads the way, the team at Robo.cash notes in… Read More

April 19, 2023 @ 10:05 pm By Omar Faridi  |  

CaixaBank is marking this year’s “World Earth Day” with an innovative activity at its “all in one” centers in Ibiza, Burgos, Valencia, Barcelona and Madrid. All customers visiting these centers will be able “to participate in the metaverse in a memorable experience on caring for… Read More

April 9, 2023 @ 11:47 pm By Omar Faridi  |  

The team at Bondora says that they truly believe in working hard and “celebrating hard.” Each update, no matter how small, should be acknowledged, the Bondora team added. And there were some significant milestones to celebrate in Q1 of 2023, the firm reveals. Bondora celebrated… Read More

April 5, 2023 @ 11:37 pm By Omar Faridi  |  

Orange Bank announced it will migrate to Mambu’s cloud banking platform at its head office in France based on the successful launch of Orange Bank on Mambu in Spain in 2019. The bank leverages Mambu “to manage its current account, loan and credit card products… Read More

March 23, 2023 @ 8:02 am By Omar Faridi  |  

ID Finance has announced a €30M investment “led by a leading UK-based asset manager, Kingsway Capital.” The transaction “has been officially endorsed by the Spanish Council of Ministers, after obtaining a favorable review from the External Investment Board, thus officially becoming the biggest investment inflow… Read More

March 19, 2023 @ 10:58 pm By Omar Faridi  |  

2023’s figures continue to “exceed expectations,” according to an update from investment platform Bondora. Investments for February via Bondora have “topped €20M for the first time in years, with a total of €20,660,543.” Increasing by 12.2%, loan originations on Bondora “totaled €19,228,733.” This is the… Read More

February 28, 2023 @ 8:06 am By Omar Faridi  |  

Circles.house has secured 137% (€206,810) of its €150,000 fundraising target from 291 investors via Crowdcube at the time of writing. This convertible offer from Spain ends today (February 28, 2023). As explained in the update, rather than investing and immediately receiving shares, in this round… Read More

February 22, 2023 @ 8:30 am By JD Alois  |  

Tokeny Enables another Digital Security with VC Fund. Emprendeduros has launched a tokenized VC fund. Co-founded by entrepreneurs Rodrigo Navarro and Alejandro Salomon, Emprendeduros is a media firm/podcast series that has developed a popular Spanish entrepreneurship show with up to 1.2 million weekly listeners. As… Read More

February 11, 2023 @ 3:27 pm By Omar Faridi  |  

2023 starts where 2022 ended, with a “strong wave” of loan originations and investments. Investors added a total of €17,087,257 to their accounts, according to an update from Bondora. And loan originations also launched into the new year “with an impressive €17,137,703.” In January, 2,179… Read More

January 24, 2023 @ 11:10 am By JD Alois  |  

Female-founded Fintech Twinco Capital has announced a $12 million funding round led by Quona Capital. The funding provided both debt and equity capital. Working Capital, as well as existing investors Mundi Ventures and Finch Capital, participated in the round, with Zubi Capital providing the venture… Read More

January 17, 2023 @ 8:28 am By Omar Faridi  |  

Divilo, a Spain-based fintech providing B2B financial services, and ThetaRay, a leading provider of AI-powered transaction monitoring technology, announced they will “collaborate to protect Divilo’s growing services against money laundering, sanctions violations, and other financial crimes.” Through the agreement, ThetaRay will “provide Divilo its SONAR… Read More

January 12, 2023 @ 9:57 am By Omar Faridi  |  

The team at Bondora notes that 2022 ended strong “with impressive numbers across [their] portfolios.” December reportedly had “the highest loan originations and investment figures, over €1M in recoveries, and more.” In December, 1,500 new investors joined Bondora. Investors have “earned more than €88M in… Read More

January 5, 2023 @ 11:55 pm By Omar Faridi  |  

Coinmotion, a Finland-based cryptocurrency service provider, has obtained confirmation from the Bank of Spain as “a valid provider of virtual currency exchange services for fiat currency and custody of electronic wallets with the registration number D741.” This means that Coinmotion “reinforces its presence in the… Read More

December 21, 2022 @ 11:57 pm By Omar Faridi  |  

Investment figures and origination numbers dipped “slightly” in November, according to an update from Bondora. Investors added just shy of €14M to their accounts, Bondora revealed. And a total of just over €14M was “originated in loans across all [their] active markets.” Although they decreased,… Read More

December 14, 2022 @ 11:46 am By Omar Faridi  |  

Banco Santander (NYSE: SAN) has opened new tech hubs in Malaga, Spain and in Warsaw, Poland to support business units. Together, they will “employ some 1,400 professionals with backgrounds in science, technology, engineering and maths (STEM), who will contribute to the bank’s digital and business… Read More