Tagged: europe

April 11, 2021 @ 5:20 pm By Omar Faridi  |  

Ten high-potential technology firms have reportedly been chosen for 11th Annual Fintech Innovation Lab New York. As noted in the announcement (published on April 7, 2021), Fintech solutions aim to leverage AI and advanced data analytics to “address key industry challenges including sustainability.” As mentioned… Read More

April 10, 2021 @ 2:27 pm By Omar Faridi  |  

After carrying out its market overviews for developing Asian countries like Uzbekistan, P2P lending marketplace Mintos has now shared key insights about Mexico. The Mintos team has carefully examined the overall picture of Mexican markets, as well as covering how the nation and the local… Read More

April 9, 2021 @ 7:46 am By Omar Faridi  |  

UK-based mobile banking platform Atom Bank has revealed that its £40 million raise is being led by Toscafund Asset Management LLP and BBVA. As the bank aims to reach profitability, the £40 million raise includes “an offer to participate for qualifying shareholders in new ‘A’… Read More

April 8, 2021 @ 9:05 am By Omar Faridi  |  

UK-based Open Banking solution provider TrueLayer has secured $70 million in capital through a Series D round. TrueLayer‘s latest investment round was led by Addition and included contributions from several angel investors. Following this latest fundraise, the Fintech firm has acquired a total of $142… Read More

April 8, 2021 @ 7:38 am By Omar Faridi  |  

UK’s Buy Now, Pay Later (BNPL) Fintech firm Zilch is introducing a “tap and pay-over-time” solution that allows consumers to carry out in-store payments with a wave of their online or digital wallet, with the cost of their purchase spread over a manageable 6-week time… Read More

April 8, 2021 @ 1:17 am By Omar Faridi  |  

Madrid-based Allfunds, a B2B Wealthtech solution provider, will reportedy be listing on the Euronext Amsterdam stock exchange. Allfunds has developed a comprehensive ecosystem that aims to cover the complete fund distribution value chain and related investment cycles, including through Allfunds Connect, which is a suite… Read More

April 7, 2021 @ 11:09 pm By Omar Faridi  |  

A Fintech-related business could create over 40 new jobs in Newcastle after a recent £1.6 million fundraise. As first reported by Bdaily News, a North East based Fintech firm has revealed that it’s now focused on creating around 40 new roles after acquiring £1.6m via… Read More

April 7, 2021 @ 7:00 pm By Omar Faridi  |  

Digital assets firm Gemini says that their international footprint “reflects crypto’s global reach.” As the company continues to expand its business operations, they are increasingly supporting “a range of clients around the world,” the Gemini team notes in an April 7, 2021 blog post. The… Read More

April 7, 2021 @ 8:23 am By Omar Faridi  |  

ABN Amro (AMS:ABN), a Dutch bank with headquarters in Amsterdam, and Rabobank, a Dutch multinational banking and financial services group, are reportedly working with research platform TNO in order to test technology that allows banking institutions to share data that’s used for identifying financial crime… Read More

April 6, 2021 @ 10:47 pm By Omar Faridi  |  

Open Banking Fintech Plaid is reportedly in the process of closing financing at around a $13 billion valuation. Plaid’s investment round will be led by Altimeter Capital, according to Bloomberg which cited “people” familiar with the matter. Many of the Fintech firm’s current investors will… Read More

April 6, 2021 @ 7:33 am By Samantha Hurst  |  

Settle Group, a European mobile payments provider, announced on Tuesday it has partnered with Currencycloud, a provider of B2B embedded cross-border solutions, to add foreign exchange and cross-border payments for its invoice financing and factoring customers across Europe. Settle Group revealed that the partnership will… Read More

April 5, 2021 @ 9:53 am By Omar Faridi  |  

The team at Properti,  a technology-driven real estate firm focused on modernizing residential properties in Europe, reveals that it remains focused on expanding its operations. Properti’s management noted: “As of April 1, 2021, we have expanded our team in the areas of marketing, business development,… Read More

April 5, 2021 @ 7:40 am By Omar Faridi  |  

European online lender October reports its best quarter ever (during Q1 2021). Meilleur Q1 ever sur @October_EU : +126% en € versus 2020 et +181% en nombre de TPE & PME accompagnées (149 entreprises). Et un Q2 avec des innovations structurelles dès avril #staytuned 🇪🇺… Read More

April 5, 2021 @ 7:37 am By Omar Faridi  |  

European P2P lending platform Bondora recently looked into whether there are any arguments in favor of “still investing” in loans offered via peer to peer platforms this year. As stated in a blog post on the Bondora website, we should still consider investing in P2P… Read More

April 4, 2021 @ 10:55 pm By Omar Faridi  |  

Monzo, a UK-based digital bank that recently raised £50 million as part of a Series G extension, reveals that it has a new special offer, “exclusively for Monzo Plus & Premium customers.” The Monzo team writes in a blog post that they know you are… Read More

April 4, 2021 @ 5:35 pm By Omar Faridi  |  

European digital asset manager CoinShares reports that the inflows of $21 million last week (from a March 29, 2021 report) were the lowest since October of last year. CoinShares added that flows into digital asset investments “remained positive last week (as reported on March 29)… Read More

April 4, 2021 @ 5:18 pm By Omar Faridi  |  

Modulr, a Payments as a Service API Platform for digital businesses, has shared insights on how Fintech firms can “harness the power” of cryptocurrency. Gavin Waddell from Modulr writes in a blog post that digital currencies have “shaken up” the financial world. Innovation is “the… Read More

April 4, 2021 @ 3:18 pm By Omar Faridi  |  

The team at Banking Circle, a leading financial infrastructure developer, notes that as the first quarter of 2021 comes to an end, anti-money laundering or AML measures have been “a key focus in the industry.” The company writes in a blog post that following the… Read More

April 3, 2021 @ 9:37 pm By Omar Faridi  |  

Astorya.io, which aims to serve as the search engine for Insurance and Banking technologies, has published a blog post, titled InsurTech Europe: 10 Years Of InsurTech In Europe Analyzed Through 800+ Startups (based on data from astorya.io). While discussing how InsurTech startups are gaining considerable… Read More

April 3, 2021 @ 8:34 pm By Omar Faridi  |  

The team at UK-based Blend Network, an online P2P lender, notes that after a “short-lived” slowdown, the United Kingdom annual house price growth managed to recover with “renewed vigor” in February 2021. Blend Network writes in a blog post that January 2021 saw price growth… Read More