Tagged: europe

April 17, 2025 @ 8:46 am By JD Alois  |  

The European Central Bank (ECB) has cut its benchmark rates by 25 basis points. The ECB Governing Council said the move was due to an updated appraisal of the inflation outlook while claiming the disinflation process is “well on track.” “Most measures of underlying inflation… Read More

April 17, 2025 @ 8:24 am By Omar Faridi  |  

Bitcoin Suisse AG, the Swiss crypto financial service provider, and SSI Wealth Management AG, an independent wealth management firm, are pleased to announce a collaboration that will aim to “expand the investment opportunities available to their respective clients.” Bitcoin Suisse will provide SSI Wealth Management’s… Read More

April 16, 2025 @ 8:00 am By Omar Faridi  |  

bunq, which claims to be among some of the largest neobanks in Europe, is moving forward with its US banking license process, according to an update shared with CI. The company has filed for a broker-dealer license as “part of a two-phase strategy to enter… Read More

April 15, 2025 @ 9:39 am By JD Alois  |  

The European Investment Fund (EIF) has announced it has committed a “significant investment” in the AVP Growth Fund I.  The EIF joins  AXA as an anchor investor. AVP (Atlantic Vantage Point) is a global investment platform s upporting tech firms in Europe and North America…. Read More

April 15, 2025 @ 8:52 am By JD Alois  |  

Digital asset firm Elliptic will be working with Monerium on enabling compliance and AML solutions under the MiCA regulation in Europe. The two firms note that real-time, multi-chain compliance cuts manual intervention by 60%, supporting Monerium’s Euro (EURe) stablecoin and other operations. Monerium holds an… Read More

April 14, 2025 @ 9:16 pm By Omar Faridi  |  

Seb Vanhecke, Chief Product Officer of European fintech Rydoo, has commented on on the rise in employee expense fraud due to AI-generated fake receipts and the end of the fiscal year causing finance teams to become overwhelmed “with higher priority tasks, meaning routine tasks such… Read More

April 13, 2025 @ 2:04 pm By Omar Faridi  |  

Trading and investing platform eToro is to launch a stock lending program, a new feature enabling eToro users based in the UK and Europe to earn passive income by lending out their stocks. eToro is working with BNY, which will act as the “custodian, and… Read More

April 13, 2025 @ 7:09 am By Omar Faridi  |  

Crescent Capital Group LP, an alternative credit investment firm, announced the final closing of its third European specialty lending fund, Crescent European Specialty Lending Fund III, with total investable capital of approximately “€3 billion, including targeted leverage and separately managed accounts investing alongside the fund.”… Read More

April 12, 2025 @ 10:50 am By Omar Faridi  |  

Sekoia.io, a European cybersecurity technologies provider and developer of the Sekoia AI-SOC platform, announces it raised 26 million euros from Revaia, with participation from UNEXO and the support of its existing investors Bright Pixel Capital, Omnes Capital and Bpifrance. This Series B funding round brings… Read More

April 11, 2025 @ 7:40 am By Omar Faridi  |  

CaixaBank’s Corporate & Investment Banking (CIB) division has reportedly formalized over 2,000 transactions in 2024 through its three business areas: Corporate Banking, International Banking and Institutional Banking. In total, it channeled more than “39.5 billion euros of investment, a 20% increase on the previous year.”… Read More

April 10, 2025 @ 5:17 pm By Omar Faridi  |  

Adyen (ADYEN:AMS), the global financial technology platform of choice for leading businesses, has partnered with LegalZoom, an online platform for legal services, to optimize its payments processes. With a unified solution, Adyen will streamline LegalZoom’s payment processes which will “reduce complexity and administrative overhead.” Adyen’s… Read More

April 9, 2025 @ 10:59 am By JD Alois  |  

The French Autorité des Marché Financiers (AMF) and the Italian Commissione Nazionale per le Società e la Borsa (CONSAB), have joined to submit recommendations to the Europea Commission pertaining to the usage of blockchain or distributed ledger technology (DLT). The AMF shares that the European… Read More

April 9, 2025 @ 10:42 am By Omar Faridi  |  

SEI (NASDAQ:SEIC) announced that SEI Investments (Europe) Limited will partner with Ctrl Alt, a tokenization platform, and participate in the Bank of England’s Digital Securities Sandbox (DSS). The DSS aims to facilitate innovation in market infrastructure and protect financial stability and market integrity by “evaluating… Read More

April 8, 2025 @ 8:07 am By Omar Faridi  |  

Launched in 2021 by Luca Colciago, Jack Diamond and Matteo Avramov Giulivi, pan-European growth debt platform, Atempo Growth has announced the first close of its second fund, Atempo Growth II with commitments of over €300M. This close reportedly increases the firms AuM to “over €700M.”… Read More

April 8, 2025 @ 1:01 am By Omar Faridi  |  

French fintech startup Pennylane has secured €75 million ($83 million) in a funding round that doubles its valuation to €2 billion, signaling strong investor confidence in its cloud-based accounting platform. The investment round was reportedly led by Sequoia Capital, along with participation from Alphabet’s CapitalG,… Read More

April 7, 2025 @ 7:11 am By Omar Faridi  |  

XXImo, the European mobility payments platform, has migrated its infrastructure to Amazon Web Services (AWS) with the support of cloud services provider CloudNation. With this step, XXImo sets a standard as one of the “first” companies worldwide to move 100% of their card processing “to… Read More

April 6, 2025 @ 11:41 pm By Omar Faridi  |  

Estateguru noted that Estonian buy-to-let investors have become increasingly active in recent months. Estateguru also mentioned that instead of targeting the local market, many are focusing on the Latvian capital, Riga. According to Daniil Aal, Chief Operating Officer at the digital financing platform Estateguru, this… Read More

April 6, 2025 @ 11:02 pm By Omar Faridi  |  

TrueLayer, Europe’s Pay by Bank network, has announced a partnership with Papa Johns, one of the world’s pizza brands to introduce Pay by Bank, a payment method that enables customers to pay directly from their bank accounts. With TrueLayer’s open banking technology, Papa Johns customers… Read More

April 6, 2025 @ 5:16 pm By Omar Faridi  |  

Erwin Voloder, Head of Policy, European Blockchain Association, shared that Nethermind and PwC Germany have released report on the important role of token standards and what they mean for scaling up institutional adoption. The bulk of the report cuts “across token standards and their relationship… Read More

April 4, 2025 @ 8:29 am By Omar Faridi  |  

Klarna, the AI-powered payments and shopping network, announces its launch with Eurostar, enabling travelers in the UK and France to book their journeys with flexibility. Customers checking out on Eurostar.com can now choose Klarna’s Pay in 3, allowing them to “split the cost of their… Read More