Tagged: europe

February 26, 2025 @ 8:19 am By Omar Faridi  |  

Nexi, the European PayTech, currently claiming to be serving merchants in more than 25 countries, and Klarna, the AI-powered payments and commerce network, have reportedly expanded their ongoing relationship into a global partnership. Nexi will enable its merchant customers across Europe to “offer Klarna’s payment… Read More

February 25, 2025 @ 7:28 pm By Omar Faridi  |  

The fintech market remains under pressure, according to a report from KPMG which noted that in 2024, global fintech investments “fell to USD 95.6 billion – a level last seen in 2017.” As noted in the research report from KPMG, geopolitical conflicts and an uncertain… Read More

February 22, 2025 @ 6:03 pm By Omar Faridi  |  

N26 announced that new Metal customers will benefit from an ECB-linked interest rate, currently 2.75% per annum, on their Instant Savings. N26 Instant Savings reportedly comes with “no additional costs, no deposit limits, and full flexibility to withdraw funds at any time.” With an N26… Read More

February 22, 2025 @ 12:24 pm By Omar Faridi  |  

While some of the largest banking institutions continue to support office mandates (and frustrate some workers who aren’t to keen about it), global Fintech Revolut appears to be headed in the opposite direction. Revolut, the London-based Fintech, told its 10,000 workers that it was planning… Read More

February 21, 2025 @ 8:44 am By Omar Faridi  |  

Adyen (AMS: ADYEN), the financial platform of for companies across the globe, announced its partnership with Eats365, a restaurant point-of-sale (POS) provider currently serving 27 markets. This collab will now aim to simplify “operations for Eats365 merchants and users throughout the supported regions.” Through 365pay,… Read More

February 21, 2025 @ 6:37 am By Omar Faridi  |  

Societe Generale-FORGE announces the launch of its EUR-backed stablecoin (EURCV) on the Stellar network. This expansion will open opportunities for users and businesses “to access a secure, transparent, and scalable digital euro stablecoin, powered by the innovative Stellar blockchain infrastructure.” This move combines the regulatory… Read More

February 20, 2025 @ 8:40 am By Omar Faridi  |  

On January 27, 2025, the European Central Bank (ECB) adopted Decision (EU) 2025/222, titled “Decision of the European Central Bank on access by non-bank payment service providers to Eurosystem central bank operated payment systems and central bank accounts” (ECB/2025/2). This decision expands access to Eurosystem… Read More

February 19, 2025 @ 11:14 am By JD Alois  |  

B2B payments firm Two and Avarda, a white-label B2C company, will partner on a “fully integrated white-label payment solution tailored for both businesses and consumers in the Nordic e-commerce market.” It was not immediately clear if the two firms were forming a strategic alliance or if they were… Read More

February 19, 2025 @ 9:40 am By Omar Faridi  |  

OKX is reportedly among the first MiCA-licensed global crypto exchanges to passport its services across Europe. This is considered to be a key milestone for their company and the crypto community in the European Economic Area (EEA). OKX now reportedly offer regulated, localized crypto services… Read More

February 18, 2025 @ 3:18 pm By Omar Faridi  |  

Checkout.com, a global digital payments company, announces its partnership with Vinted, Europe’s online marketplace for second-hand fashion. With members across 20+ countries, Vinted is enhancing the second-hand fashion industry by “empowering individuals to buy and sell pre-loved items with ease through its digital platform.” Through… Read More

February 18, 2025 @ 8:01 am By Omar Faridi  |  

Global venture capital firm Antler has closed its second Nordic-focused fund, which is valued at roughly €100 million at the final closing. The fund will invest in early-stage tech companies across the Nordics with a significant “focus on Finland.” Enni Rautio, Interim Director of Tesi’s… Read More

February 17, 2025 @ 9:00 am By Omar Faridi  |  

With Bitcoin price surpassing $100K, it’s arguable that 2025 is starting strong for the crypto industry. Regulatory developments in Hong Kong and the United Kingdom, combined with regime change in the United States, could set the stage for more institutional and mainstream adoption of stablecoins…. Read More

February 17, 2025 @ 8:25 am By Omar Faridi  |  

Bitget, the cryptocurrency exchange and Web3 company, has obtained a Virtual Asset Service Provider (VASP) license from Bulgaria’s National Revenue Agency. The licensing now enables Bitget to offer a suite of crypto services within Bulgaria, including the “exchange, trading, transfer, custody, and public offering of… Read More

February 17, 2025 @ 8:22 am By Omar Faridi  |  

With the acquisition of Danish payment reconciliation software Storebuddy, accounting platform Ageras rolls-up its seventh company -preceded by its 2024 acquisition of business banking provider Shine from Société Générale– to complement its service offering and “enhance its position as a leading accounting platform for SMEs… Read More

February 16, 2025 @ 11:35 pm By Omar Faridi  |  

GoCardless, the bank payment company, announces that it has selected Form3, the cloud-native account-to-account platform, to provide them with Bacs payment connectivity to “support the scale up of UK operations.” Form3’s technology solution provides GoCardless with improved operational and technical resilience to “ensure that service… Read More

February 16, 2025 @ 6:26 pm By Omar Faridi  |  

Global Fintech firm Adyen (AMS: ADYEN) announced financial results for the half year ending December 31, 2024. The firm’s shares rose around 15% on Thursday after the payments Fintech had reported full-year core earnings that are above market expectations, and forecast greater net revenue growth… Read More

February 16, 2025 @ 9:18 am By Omar Faridi  |  

Commerzbank and Visa (NYSE: V) have agreed on a strategic partnership in the card business. The firms are reportedly expanding their existing cooperation in payments. In the foreseeable future, Commerzbank customers will preferentially “receive debit and credit cards” from the global tech company Visa. The… Read More

February 15, 2025 @ 3:38 pm By Omar Faridi  |  

SIX has reportedly launched the Digital Collateral Service (DCS), permitting financial institutions to post selected cryptocurrency assets as collateral alongside traditional collateral. The product offers a solution through which clients are able to manage traditional securities as well as cryptocurrency based collateral. Firms managing bonds… Read More

February 15, 2025 @ 3:02 pm By Omar Faridi  |  

StepStone Group Inc. (Nasdaq: STEP), a private markets investment firm responsible for around $698 billion in total capital, including $65 billion in private debt, announced it received approval to launch a Private Debt-based European Long-Term Investment Fund (ELTIF). Neil Menard, Partner and President of Distribution,… Read More

February 15, 2025 @ 2:47 pm By Omar Faridi  |  

Estateguru has noted that in May 2024, they spoke with Antje Mertig, CEO of Steinberg Real Estate Management GmbH, their partner in Germany, about the recovery process of defaulted loans in the market. Estateguru is now evaluating the progress made over the past year and… Read More