Tagged: europe

THIS, UK Foodtech Making Plant-based Meat Alternatives, Raises Over £1 Million via Seedrs

THIS, which claims to be the UK’s “fastest growing” food brand (Feb ’23), making ridiculously meaty plant-based alternative, has secured over £1  million on Seedrs topping its funding target of £750,000. The securities offering has almost a month left in its campaign. THIS is offering… Read More

UK’s PensionBee Announces Proposed US Business Expansion

PensionBee Group plc, an online pension provider, recently announced it has entered into an exclusive, non-binding term sheet “with a large, US-based global financial institution in order to expand into the United States of America.” The US has the world’s largest Defined Contribution pension market,… Read More

UK’s ESProfiler, a Cybersecurity Startup, Reports £2.8M Seed Round

ESProfiler, the British cybersecurity start-up, announces a £2.8 million Seed round, led by Nauta Capital. This milestone builds on the momentum from angel investments received in 2023. Founded to tackle the inefficiencies in enterprise cybersecurity investments, ESProfiler is emerging as a key player in the… Read More

Digital Assets: LeadBlock Bitpanda Ventures to Focus on Providing Capital to High-Potential Initiatives

Eric Demuth, CEO at Bitpanda, reveals that they’re launching LeadBlock Bitpanda Ventures (focused on Venture Capital and Private Equity Principals). When the team first created Bitpanda, there wasn’t much help available to them. There also wasn’t enough funding and there wasn’t expertise they could draw… Read More

UK’s Digital Bank Monzo Secures $400 Million at $5 Billion Valuation

UK’s challenger bank Monzo has finalized a heavily-trailed $400 million investment round, which has increased the firm’s valuation to $5 billion. The funding round, an incentive for pushing the banking platform towards profitability, was reportedly led by Alphabet-owned Capital G, along with contributions from Google… Read More

EuroCrowd Announces Partnership with Italian Startup Association InnovUP

EuroCrowd, the pan-European assocation that represents investment crowdfunding platforms across the continent, has announced a partnership with InnovUP,  or the Italian Innovation & Startup Ecosystem association. According to a note from EuroCrowd, the partnership means that EuroCrowd will help represent Italian platforms. This is said… Read More

UK Businesses Continued Positive Start to 2024 – Report

Businesses continued their positive start to the new year, Lloyds Bank’s latest Business Barometer has found. The Barometer – which measures businesses’ overall confidence “by assessing their trading prospects and optimism for the economy – found that while overall confidence dipped slightly to 42%, businesses… Read More

UK’s FullCircl, a Platform Removing Regulatory and Verification Roadblocks, Introduces Orchestration Platform

FullCircl, a UK-based SaaS platform that removes the regulatory and verification roadblocks to drive revenue growth, is excited to announce the launch of its first white label orchestration platform through W2 by FullCircl to help regulated businesses onboard more customers and meet regulatory requirements. It’s… Read More

UK Fintech TangoPay and Currencycloud to Improve Remittance Services

Currencycloud, the Fintech firm focused on simplifying business processes in a multi-currency environment, has teamed up with UK-headquartered Fintech company, TangoPay to improve its remittance service for its UK-based expat clients. This enhancement will be achieved by introducing real-time competitive foreign exchange (FX) rates along… Read More

Switzerland’s SIX to Link Connexor to D7, Deutsche Börse’s Digital Post-Trade Platform

SIX is partnering with Clearstream in order for the Connexor service of SIX to become a D7 Digital Market Partner to process and distribute reference data of financial instruments. D7 is Deutsche Börse’s digital post-trade platform for digitizing financial instruments, which allows for the issuance… Read More

ClearBank, the Enabler of Embedded Banking Services, Appoints Emma Hagan as CEO of UK Operations

ClearBank, the enabler of secure accounts, real-time clearing and embedded banking for financial institutions, announced that Emma Hagan has been appointed CEO of ClearBank UK, and will take up the role following regulatory approval. Hagan brings a wealth of banking experience “to the role, having… Read More

Open Banking Fintech Yapily Partners with Uncapped, a Working Capital Provider

Yapily, a provider of open banking solutions, is announcing its partnership with Uncapped, a Fintech providing working capital funding to scaling brands, retailers, and merchants across the UK, EU, and US. This collaboration significantly bolsters progress in “the financial lending sector and democratises access to… Read More

UK’s Smart Pension and Wahed Introduce Diversified Workplace Pension

Smart Pension, one of the UK’s workplace pension providers, and Wahed, an Islamic digital investment platform, have launched a new diversified workplace pension, the Halal Workplace Pension. The collaboration meets the unmet demand for modern, Shariah-compliant workplace pensions from Muslim employers and “among the UK’s… Read More

Vencora UK Announces Acquisition of CREALOGIX Holding AG

Vencora UK Ltd announced the settlement of its public tender offer for all publicly held registered shares of CREALOGIX Holding AG with “a nominal value of CHF 8.00 each. The Offer was completed successfully on February 21, 2024.” The acquisition of CREALOGIX “is expected to… Read More

Swiss Fintech Klarpay Launches Entrepreneur Accounts

Klarpay, a Swiss financial institution, has launched a new service called Entrepreneur Accounts, a tailored financial solution designed exclusively for Business Founders, UBOs, and Senior Management members who already hold accounts with Klarpay. Recognizing the intrinsic link between entrepreneurs and their businesses, Klarpay is committed… Read More

Lithuania’s Šiaulių Bankas Selects Temenos to Enhance Core Banking Platform

Temenos (SIX: TEMN) announced that Šiaulių Bankas, which claims to be the largest independently-owned bank in Lithuania with over €4 billion in assets, has selected Temenos to modernize its core banking platform. Šiaulių Bankas will migrate its retail and corporate banking “including trade finance to… Read More

iwoca and Business Account Provider Countingup to Provide Flexible Loans

iwoca, which claims to be one of Europe’s largest SME lenders, announces a partnership with business account provider Countingup to make business finance available to almost 10,000 of Countingup’s users at the touch of a button. Building on Countingup’s suite of built-in finance, accounting and… Read More

European Fixed Income Firm NordIX AG Extends Engagement with SaveLend

The partnership between SaveLend Group and NordIX began in June 2022, focusing on consumer credits distributed within Sweden. Initially, NordIX invested about MSEK 50, and this amount “has more than doubled since the partnership began.” Now, the collaboration is set “to grow further, extending to… Read More

European Union Adopts Instant Payments Regulatory Guidelines

The European Council reportedly adopted a regulation that will make instant payments fully available in euro to consumers and businesses in the EU and in EEA countries. The new rules will improve the strategic autonomy of the European economic and financial sector as they will… Read More

Finnish Neobank Saldo Launches Operations in Sweden, Raises Interest Rates on Fixed-Term Deposits

Saldo Bank, which is starting its operations in Sweden, offers an interest rate of as much as 5% for a year’s deposit. Jarkko Mäensivu, the CEO of Saldo Bank, said: “We want to increase fairness in fixed-term deposits.” The digital neobank with a Finnish background,… Read More

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