Tagged: europe

February 14, 2025 @ 7:53 am By Omar Faridi  |  

HeavyFinance has shared its latest performance review. In January, HeavyFinance says that it saw “a strong inflow of investments, with a total of €3.29 million committed.” Meanwhile, HeavyFinance pointed out that € 3.34 million was used “to completely finance 78 farmer loans during the month.”… Read More

February 13, 2025 @ 7:31 am By Omar Faridi  |  

TrueLayer, Europe’s Pay by Bank provider, is announcing that its consumer network has now surpassed 10 million active users. This growth highlights the demand for cost-effective digital payments, with TrueLayer’s Pay by Bank solution contributing to the key industry trend. To date, TrueLayer says that… Read More

February 12, 2025 @ 9:53 pm By Omar Faridi  |  

NCR Atleos Corporation (NYSE: NATL), a key player focused on expanding self-service financial access for financial institutions, retailers and consumers, announced that it has expanded its ATM network, under the Cashzone brand, into Italy, providing access to cash for both residents and tourists. Although many… Read More

February 12, 2025 @ 8:37 am By Omar Faridi  |  

ETFbook, a data and analytics platform specializing in the ETF market, announced the closing of a €4 million Series A round led by BlackFin Capital Partners. ETFbook provides a data and analytics platform accessible through a web application and APIs. Based in Zurich with a… Read More

February 11, 2025 @ 11:22 pm By Omar Faridi  |  

A recent survey of German companies operating in Central and Eastern Europe (CEE) reveals that the region is expected to become increasingly important as a market and investment location. More than half of the companies surveyed (55%) anticipate that the economic relevance of the region… Read More

February 11, 2025 @ 9:18 pm By Omar Faridi  |  

Copenhagen-based Fintech startup ReBloom has secured a €400k pre-Seed round to fuel its growth, just three months after its founding. The company aims to democratize access to unlisted stocks through its AI-driven platform, enabling investors to trade shares in private companies like SpaceX, Revolut, and… Read More

February 11, 2025 @ 9:44 am By JD Alois  |  

The European Union (EU) has announced a commitment of €200 billion to boost development of artificial intelligence (AI). In a public statement at the Artificial Intelligence (AI) Action Summit in Paris, Commission President Ursula von der Leyen announced the new funding to accelerate AI in… Read More

February 11, 2025 @ 8:02 am By Omar Faridi  |  

Kivra and Trustly have reportedly developed a new generation of Autogiro, making automatic payments easier. The service allows users to register direct debit with a simple BankID confirmation, “lowering the barriers to sign-up.” For businesses, the solution can drive more on-time payments, “reduce administrative workload,… Read More

February 8, 2025 @ 8:29 am By Omar Faridi  |  

Lendermarket has launched a fully localized Polish website catering to the growing number of Polish investors joining the platform. This development is said to be a direct response to the increasing demand for a seamless and intuitive investment experience. The new Polish site will now… Read More

February 7, 2025 @ 6:06 am By Omar Faridi  |  

The EU AI provisions reportedly went into force on 2 February, 2025. Diyan Bogdanov, Director of Engineering Intelligence & Growth at Payhawk, the global spend management solution and Bulgaria’s “first” unicorn, explains that the EU AI Act isn’t “just another compliance burden — it’s a… Read More

February 5, 2025 @ 11:13 pm By Omar Faridi  |  

Adyen (ADYEN:AMS), one of Europe’s financial technology companies, has started using Yapily‘s account information services (AIS) to power their merchant services. Yapily will enable Adyen to deliver a better onboarding experience for customers while improving their account verification processes. Merchants that use Adyen’s services can now… Read More

February 5, 2025 @ 9:19 am By Omar Faridi  |  

Pacaso, the tech-enabled real estate marketplace for co-owned luxury vacation homes, announced that it is continuing its international expansion with the acquisition of three European properties. The addition of two residences in London and one in Paris solidifies Pacaso’s presence in Europe, offering buyers “opportunities… Read More

February 5, 2025 @ 7:30 am By Omar Faridi  |  

Paxos, the blockchain and tokenization infrastructure platform, announced it has completed its acquisition of Membrane Finance, an Electronic Money Institution (EMI) based and licensed in Finland. The acquisition received regulatory approval, “making Paxos a fully licensed EMI” in Finland and the EU. Paxos issues USD-backed… Read More

February 4, 2025 @ 12:57 pm By Omar Faridi  |  

The partnership between Binance Pay and xMoney, a Web3 payment provider in Europe, highlights the growing significance of web3 technologies in streamlining payments. xMoney operates within a “regulated” framework, complying with the EU’s MiCA regulations. With this partnership, Binance Pay’s merchant network has “grown to… Read More

February 4, 2025 @ 10:43 am By Omar Faridi  |  

Solaris SE, Europe’s embedded finance platform, announced the securing of its Series G funding round. This, after facing significant operational challenges during the past year. The investment round with a total volume of €140 million was led by SBI Group and Boerse Stuttgart Group, with… Read More

February 3, 2025 @ 11:18 pm By Omar Faridi  |  

The European Investment Bank (EIB) Group signed €89 billion in new financing last year. The Group made more investments to strengthen EU energy security, mobilizing over “€100 billion for projects in new and upgraded infrastructure such as grids and interconnectors, renewables, net-zero industries, efficiency and storage.”… Read More

February 3, 2025 @ 8:09 am By Omar Faridi  |  

European digital bank N26 has recently announced the completion of its conversion from a German Stock Corporation (Aktiengesellschaft, AG) to a European Company (Societas Europaea, SE). N26 noted in the update that this step reflects the company’s commitment to evolving its corporate governance and “aligning… Read More

February 2, 2025 @ 5:47 pm By Omar Faridi  |  

Enable Banking, the open banking provider offering business account connectivity and account-to-account payment infrastructure, has partnered with Qred Bank, a provider of financing solutions tailored to entrepreneurs’ needs. Qred specializes in delivering “flexible” financing, enabling entrepreneurs to focus on growing their businesses without the “constraints… Read More

January 31, 2025 @ 12:37 pm By JD Alois  |  

Swan, a European banking Fintech, has raised €42 million in Series B extension funding according to a blog post. Investors in the funding round include Accel, Hexa, Creandum, Lake Star and Eight Roads. Swan said the new money would help it expand its embedded banking… Read More

January 31, 2025 @ 7:51 am By Omar Faridi  |  

Estateguru, a real estate investment platform, has released its 2024 performance report, highlighting significant growth and achievements. Estateguru CEO Mihkel Stamm shared the company’s accomplishments and outlined plans for 2025. He stated: “In 2024, we remained focused on enhancing portfolio quality, resolving legacy portfolio challenges,… Read More