Tagged: spain

December 8, 2022 @ 11:36 pm By Omar Faridi  |  

As the colder weather settled in, Bondora platform originations and investment figures are also “cooling.” With “a 6.4% decline in loan originations, as well as a 5.8% decline in investments.” Spain, however, continues “to increase its origination standing.” There was also “a substantial increase in… Read More

November 29, 2022 @ 11:47 pm By Omar Faridi  |  

In October, Bondora reveals it “saw favorable increases in investments and originations. Originations exceeded €15M, and investments €14M.” This puts Bondora on track “for a good Q4 in 2022.” Spanish originations “exceeded 1M once again.” In contrast to September, investments “for all products increased in… Read More

November 23, 2022 @ 7:31 pm By Omar Faridi  |  

The international remittances company, Tempo France and the Spanish company Elsa Care Technologies (Elsa.care) have launched money transfers to the Philippines. Clients are now able “to send money through the Elsa.care’s app to the recipients’ bank accounts in this country.” The integrator of the technical… Read More

November 11, 2022 @ 7:47 am By Omar Faridi  |  

European investment platform Bondora reveals that October made solid gains in the origination and investment front. Especially when considering “the declines from September.” Investment funding via Bondora “increased by 21.3% to over €14M.” And loan originations “exceeded €15M.” Secondary Market activity “increased once again, and… Read More

November 9, 2022 @ 9:29 pm By Omar Faridi  |  

CaixaBank Research, the Research Service of CaixaBank, has launched its “Real-Time Economics” website, which is described as “the most complete initiative of its kind in the world, offering quality information practically in real time on the country’s economic reality.” The company’s Research Service is “making… Read More

September 29, 2022 @ 8:13 am By Omar Faridi  |  

Younited, the instant credit provider in Europe, provides European households – in France, Italy, Spain, Portugal, and Germany – with financing solutions “for projects and purchases up to 50,000 euros.” This milestone is the “best proof” of the relevance of Younited’s offer to its customers:… Read More

September 26, 2022 @ 9:47 am By Omar Faridi  |  

Allurity has acquired Spanish multinational Aiuken, as “an important step in its journey to becoming Europe’s leading cybersecurity provider.” Aiuken brings an entire SOC platform “spanning three continents, as well as its Cloud Security and SOC-as-a-Service platforms.” This deal takes Allurity one step closer “to… Read More

September 24, 2022 @ 6:54 pm By Omar Faridi  |  

Bizum has arrived at N26. The online bank has announced that all customers with a Spanish IBAN can now “send, receive and request money through the popular mobile payments solution.” In addition, the online bank’s app will “incorporate the Bizum functionality to pay at partner… Read More

September 19, 2022 @ 8:29 am By Omar Faridi  |  

In August 2022, more than €80M in returns have reportedly been paid out to Bondora investors since they were founded. Bondora is focused on helping “to empower people to take charge and set themselves up for success with their financial futures.” Loan origination and investments… Read More

September 10, 2022 @ 8:47 pm By Omar Faridi  |  

Easy Payment & Finance, which claims to be a leading financial payment and technology enabler in Spain, announced it has chosen digital payments platform, Carta Worldwide, a subsidiary of Mogo Inc. (NASDAQ:MOGO), to support its new card offering. Easy EP is reportedly among Spain’s major… Read More

September 6, 2022 @ 8:16 am By Omar Faridi  |  

Easy4Cloud, which conducts operations in Italy, the United Kingdom, Spain and the US, digitizing different business areas and simplifying their management, has selected Fabrick to expand its offer and introduce BancheinCloud, a Business Intelligence platform for the aggregated management of Current Accounts through which personal,… Read More

September 5, 2022 @ 12:53 am By Omar Faridi  |  

After having a slow month in June, investment and loan origination figures “rebounded and increased steadily by 18.7%,” according to an update from Bondora. This brought both totals to “a solid €15,333,326 in July.” This is encouraging to see at the start of Q3, the… Read More

August 21, 2022 @ 8:17 pm By Omar Faridi  |  

After a slow June, Bondora‘s collection and recovery figures “rebounded as anticipated.” Bondora further noted that “the number of recovered loans, as well as the total cash recovered, increased.” The total recovered cash also “climbed to exceed €1 million once again.” The count of loans… Read More

August 17, 2022 @ 11:35 pm By Omar Faridi  |  

viafintech GmbH, part of the leading specialized payments platform, Paysafe (NYSE: PSFE), recently announced a partnership with Pecunpay “to launch a new cash deposit and withdrawal network in Spain.” Pecunpay, a brand from e-money institution Pecunia Cards EDE, “specializes in innovative e-payment and e-money processing… Read More

August 17, 2022 @ 10:39 pm By Omar Faridi  |  

Nebeus, the European cryptocurrency app, has announced a partnership with Modulr, the embedded payments platform, “to augment its offering with accounts, real-time payments and Visa cards.” This move makes Nebeus one of the first European companies “to leverage Modulr’s one-stop card issuing solution across the… Read More

August 14, 2022 @ 11:47 pm By Omar Faridi  |  

Bondora reports that loan origination and investments showed a “solid increase” to €15,333,326 in July. This rebound in statistics was “expected after the slow summer decreases in June.” Bondora also noted that the collection and recovery statistics grew, “exceeding €1 million.” In July, Bonodra welcomed… Read More

August 8, 2022 @ 5:09 pm By JD Alois  |  

Brickken has partnered with Hillstone Finance, Veritas, and Digital Gold Capital to expand its network to three new countries, according to a company release. Brikken is a company that was founded in Spain in 2020 that aims to leverage blockchain technology to tokenize or turn… Read More

August 1, 2022 @ 10:47 pm By Omar Faridi  |  

After stabilizing in May 2022, investment figures declined “from €15,458,394 to €12,913,190 in June 2022” on the Bondora platform. And with loan originations, there was “an overall decline of 17.3%.” This was expected, as there “have been slowdowns in origination and investment activity during the… Read More

July 31, 2022 @ 10:27 pm By Omar Faridi  |  

ID Finance Spain has published its results for the first half of 2022. The firm has provided the following operational and financial information: Net profit up 25% YOY, to €5m Revenue up 57% YOY, mainly due to the positive performance of MoneyMan’s lending activity in… Read More

July 28, 2022 @ 9:40 am By JD Alois  |  

Quasar Finance, a Cosmos-based DeFi project, has raised $6 million from big-name blockchain VCs including Polychain Capital, Blockchain Capital, Figment Capital, Lightshift Capital, and Galileo. Quasar CEO and co-founder Valentin Pletnev aims to make digital assets “simple, accessible and secure, while utilizing the Cosmos platform’s… Read More