Tagged: europe

March 8, 2024 @ 5:23 pm By Omar Faridi  |  

xpate, a frontrunner in the e-commerce payment solutions sector, announces its migration to Mambu’s cloud banking platform, marking an advancement in its service offerings across Europe. This transition signifies xpate’s commitment “to deploying a robust, scalable architecture that promptly adapts to evolving market demands and… Read More

March 8, 2024 @ 7:46 am By Omar Faridi  |  

Lloyds Banking Group has signed a corporate Power Purchase Agreement (PPA) with global renewable energy company, Low Carbon. Through the 10-year agreement, the Group will “purchase 50 GWh of clean electricity annually, the equivalent of powering more than 14,000 homes.” The energy will be generated… Read More

March 7, 2024 @ 1:43 pm By Omar Faridi  |  

eBill has reportedly surpassed three million users for the first time. More and more people in Switzerland are said to be “opting for the eBill digital invoice.” At the end of February, SIX recorded “more than three million registered users for the first time.” This… Read More

March 7, 2024 @ 8:57 am By Omar Faridi  |  

Fuel Ventures SEIS Fund says it was recently recognized as the UK’s best SEIS Investment Manager. Investments in the fund may qualify for 50% tax-relief potential. Fuel Ventures SEIS Fund has raised £187,306 from 59 investors (with 32 days left in the campaign at the… Read More

March 7, 2024 @ 8:27 am By Omar Faridi  |  

wefox, an Insurtech firm, has announced the appointment of Mark Hartigan as its Executive Chairman and Chief Executive Officer. Julian Teicke will be transitioning into “the non-executive role of President, and remain Vice Chair of the Board of Directors after nine successful years of steering… Read More

March 7, 2024 @ 8:17 am By Omar Faridi  |  

In the latest Spring Budget, the Chancellor of the Exchequer Jeremy Hunt announced that, following a highly competitive bidding process, the British Business Bank intends to award “a total of £250m under the Long-Term Investment for Technology and Science initiative.” The Chancellor also announced “the… Read More

March 6, 2024 @ 8:36 am By Omar Faridi  |  

IDEX Biometrics and Accomplish Financial, an international payment solution provider, are bringing to market a biometric payment program to help the visually- and memory impaired. The program will first launch in the UK, “where a global fintech will bring to market an accessible payment solution… Read More

March 6, 2024 @ 8:31 am By Omar Faridi  |  

Innovate Finance, the independent industry body for UK Fintech, has launched the Unicorn Council for UK Fintech (UCFT), a coalition of UK-based Fintech unicorn founders to accelerate and unlock promised growth in the UK FinTech sector. The Council will be “co-chaired by Janine Hirt, CEO… Read More

March 5, 2024 @ 11:53 am By Omar Faridi  |  

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

March 5, 2024 @ 11:44 am By Omar Faridi  |  

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

March 5, 2024 @ 11:41 am By Omar Faridi  |  

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

March 5, 2024 @ 8:57 am By Omar Faridi  |  

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

March 5, 2024 @ 8:52 am By Omar Faridi  |  

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

March 4, 2024 @ 11:12 pm By JD Alois  |  

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

March 4, 2024 @ 7:25 am By Omar Faridi  |  

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

March 4, 2024 @ 7:23 am By Omar Faridi  |  

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

March 3, 2024 @ 11:50 pm By Omar Faridi  |  

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

March 3, 2024 @ 9:34 pm By Omar Faridi  |  

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

March 3, 2024 @ 7:33 pm By Omar Faridi  |  

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

February 29, 2024 @ 9:33 pm By Omar Faridi  |  

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