Tagged: europe

March 11, 2025 @ 11:05 am By JD Alois  |  

ClearBank has selected former CFO Mark Fairless as its new CEO. According to a release, founder and former CEO Charles McManus will continue with the bank as a member of the Board of Directors, helping to guide the firm’s strategy. McManus will also remain as… Read More

March 11, 2025 @ 8:05 am By Omar Faridi  |  

The overall interest in digital assets continues to surge, with many investors increasingly allocating substantial portions of their investment portfolios to cryptocurrencies, undeterred by an evolving regulatory landscape. This, according to a report from KPMG. This resilience is examined in a research study conducted by… Read More

March 10, 2025 @ 9:04 am By Omar Faridi  |  

Alchemy Pay, the fiat-crypto payment solution provider, is pleased to announce its admission to the Association for Quality Assurance of Financial Services (VQF) as a recognized Self-Regulatory Organization (SRO) in Switzerland. This regulatory milestone allows Alchemy Pay to offer compliant fiat-to-crypto and crypto-to-fiat exchange services,… Read More

March 9, 2025 @ 11:27 pm By Omar Faridi  |  

On March 3, 2025, Sweden’s central bank, Sveriges Riksbank, released its latest Business Survey titled “No Strong Wind in Our Sails,” revealing a somewhat disappointing state of the Swedish economy. But this is largely consistent across Europe and even across the globe due to growing… Read More

March 8, 2025 @ 4:20 pm By Omar Faridi  |  

IDnow, an identity verification platform provider in Europe, today announced a new strategic investment from Corsair Capital, a specialist investment firm targeting payments, software, and business services investments in the financial services sector. With this transaction, Corsair will now reportedly acquire a majority stake in… Read More

March 7, 2025 @ 4:16 am By Omar Faridi  |  

iCapital, the fintech platform driving the world’s alternative investment marketplace for the wealth and asset management industries, has entered into a partnership with Aviva Investors, the global asset management business, to broaden access to Aviva Investors’ climate transition strategy “focused on investments in private markets.”… Read More

March 6, 2025 @ 11:48 am By Omar Faridi  |  

The national development bank ILTE has signed a cooperation agreement with HeavyFinance and has started investing in Green Loans for farmers. The returns from loans provided through the HeavyFinance platform will be generated by “creating and selling carbon emission certificates on farms.” ILTE invests up… Read More

March 6, 2025 @ 7:07 am By Omar Faridi  |  

PitchBook noted in a report that Germany’s venture capital (VC) and private equity (PE) markets have been fairly resilient amid global economic shifts. PitchBook revealed in its comprehensive research report that as of December 2024, Germany’s private capital ecosystem demonstrates steady growth, though tempered by… Read More

March 4, 2025 @ 11:36 am By JD Alois  |  

Digital banking enabler myTU says it has raised €10 Million in an oversubscribed Series A funding round. The Fintech said its original target had been €9 million. myTU raised money at a pre-money valuation of €35 million. The funding round was backed by existing investors… Read More

March 4, 2025 @ 10:45 am By Omar Faridi  |  

As sustainable finance and financial inclusion continue to gain traction on a global scale, technology-powered solutions leveraging blockchain and Web3 are playing a key role in addressing traditional financial challenges. As part of this movement, Swiss blockchain company Fedrok AG, says it has been actively… Read More

March 3, 2025 @ 8:55 pm By Omar Faridi  |  

Monorail, a financial App that allows people to invest in companies that align with their American values, has reportedly secured $60,298 via Republic (at the time of writing). So far, the company has raised 4% of its $1.23M max goal from 43 investors. According to the… Read More

March 3, 2025 @ 1:34 pm By Omar Faridi  |  

BaFin has shared an update titled “Risks in Focus 2025” and it notes that climate change, geopolitics and a weak economy could “put pressure on Germany’s financial system.” BaFin noted on its official website that natural disasters made more likely by climate change, international tensions… Read More

March 3, 2025 @ 9:48 am By Omar Faridi  |  

Bondora, a European investment platform, is making significant updates to its Go & Grow investment product and reports solid January 2025 performance metrics. As noted in a blog post, these developments underscore Bondora’s commitment to simplifying investing and driving growth for its investor community. Starting… Read More

March 1, 2025 @ 3:12 pm By Omar Faridi  |  

Bank of Ireland last year approved €600 million in new construction loans to housebuilders / property developers that are now supporting the delivery of 4,000 homes. The new lending lifts the Bank’s homebuilding loan approvals to €1.05 billion, which will “support the construction of 21,000… Read More

February 28, 2025 @ 9:05 am By Omar Faridi  |  

The World Economic Forum and VivaTech have agreed to launch a European Centre for AI Excellence (CAIE) in Paris in 2025. The centre will join the World Economic Forum’s Centre for the Fourth Industrial Revolution (C4IR) global network, further “advancing its global leadership in leveraging… Read More

February 28, 2025 @ 8:41 am By Omar Faridi  |  

Fintech Scotland noted that five fintech firms have each been awarded £50,000 to propel developments that support financial inclusion, accelerate financial resilience and deepen consumer engagement in financial services. FinTech Scotland, in partnership with the University of Strathclyde and University of Glasgow, announced the outcome… Read More

February 27, 2025 @ 10:15 am By JD Alois  |  

Stripe, a payments and cash management platform used widely around the world, says it will extend an offer to shareholders to purchase stock at a valuation of $91.5 Billion or €87.3 billion. Stripe noted that it is profitable and anticipates this will continue going forward…. Read More

February 27, 2025 @ 9:06 am By Omar Faridi  |  

The European Payment Study by management and technology consultancy BearingPoint reveals shifts in payment behavior across European countries. While cash usage continues to dominate transactions in German-speaking countries, it is “steadily declining across the continent.” In Germany, Austria, and Switzerland, cash remains the “most frequently… Read More

February 26, 2025 @ 11:27 am By JD Alois  |  

Euroclear and Digital Asset are partnering on the mobility of collateral assets using the Canton Network. The Euroclear group comprises Euroclear Bank, the International CSD, and other subsidiaries providing post-trade services like custody and settlement. Digital Asset is a blockchain infrastructure firm serving the entire… Read More

February 26, 2025 @ 8:21 am By Omar Faridi  |  

Estateguru has shared their latest platform loan portfolio overview for January 2025. According to the update from Estateguru, January marked a steady start to the year, with “stable loan origination, repayments, and investor activity.” Estateguru also mentioned that loan funding remained consistent, and investors continued… Read More