Tagged: spain

September 14, 2020 @ 8:12 am By Omar Faridi  |  

Germany, France, Italy, Spain, and the Netherlands recently asked the European Commission (EC) to draft strict regulatory policies for stablecoins, which are digital assets that are supposed to be backed or pegged 1-to-1 with major fiat currencies like the US dollar or the British pound… Read More

September 11, 2020 @ 2:48 pm By Samantha Hurst  |  

Peaks, an Amsterdam-based micro-investing app, announced earlier this week that is has expanded its service to Spain and France. The company noted it will now be available in four European countries. Founded in 2016, Peaks claims its mobile app is the “easiest” way to set… Read More

September 11, 2020 @ 8:52 am By JD Alois  |  

Santander Innoventures is going it alone. The venture capital subsidiary of Banco Santander is being spun off and renamed as Mouro Capital. The new entity is also receiving additional capital from the bank as Santander will double the amount of dedicated funds going from $200… Read More

September 11, 2020 @ 7:51 am By Omar Faridi  |  

Hungarian firm PeasyPay has launched a biometric digital payment system that uses facial and palm recognition to verify customers’ IDs and settle transactions. The Fintech company stated that it will be introducing its biometrics-enabled point-of-sale payments technology in Spain and the UK. Consumers can download… Read More

September 9, 2020 @ 9:58 am By Omar Faridi  |  

Zürich-based Swiss Infrastructure and Exchange (SIX) Group AG, the operator of Switzerland’s stock exchange, has revealed that it will set up its Fintech incubator and accelerator F10 in Spain. In June 2020, SIX had acquired a controlling interest in BME, the Spanish stock market operator…. Read More

September 1, 2020 @ 9:58 pm By Samantha Hurst  |  

Mitto, a Spain-based payments app, has successfully secured its initial £500,000 funding target through its equity crowdfunding campaign on Crowdcube. The initiative recently launched and has already attracted 260 Crowdcube investors.  As previously reported, Mitto states it is an app linked to a card that… Read More

August 30, 2020 @ 10:34 pm By Samantha Hurst  |  

Mitto, a Spain-based payments app, is now seeking £500,000 through its equity crowdfunding campaign on Crowdcube. Founded in 2019, Mitto states it is an app linked to a card that makes it easier for users to consume in a more conscious and sustainable way. “With… Read More

August 27, 2020 @ 2:02 pm By Omar Faridi  |  

BBVA, a Spanish multinational financial services company based in Madrid and Bilbao, Spain with nearly €700 billion in assets, is reportedly planning to conduct trials of its new software that allows merchants to take contactless payments via their Android mobile devices, without having to install… Read More

August 25, 2020 @ 6:50 am By Omar Faridi  |  

Javier Rodriguez Soler, the Country Manager / CEO at the BBVA USA (NYSE: BBVA), a Spanish multinational financial services company based in Madrid and Bilbao, Spain with nearly €700 billion in assets, confirms that In early August, BBVA USA revealed it would work with Google … Read More

August 12, 2020 @ 9:16 am By Omar Faridi  |  

The COVID-19 outbreak has led to major changes in how businesses are now operating, globally. UK-based TSB Bank is reportedly planning to phase out 929 cashier roles which are supporting its physical branch network. The bank said it’s making the changes due to COVID, which… Read More

August 5, 2020 @ 10:10 am By Samantha Hurst  |  

Bnext, a Spain-based mobile-first neobank, has reportedly raised an additional €11 million through its extended Series A funding round, which raised €22 million ($25 million) last Fall.  As previously reported, Bnext offers customized services tailored to individual needs. The mobile banking platform allows its customers… Read More

July 23, 2020 @ 9:00 am By Samantha Hurst  |  

  Allfunds, Spain-based independent wealthtech and fund distribution platform, announced on Thursday it is strengthening its commitment to Corporate Social Responsibility and has joined corporate sustainability initiative, the United Nations Global Compact Allfunds reported that it has been producing a CSR report in accordance with the Global Reporting… Read More

July 21, 2020 @ 8:00 am By Omar Faridi  |  

Bolsas y Mercados Españoles (BME), a Spanish company that addresses the organizational aspects of Spain’s stock exchanges and financial markets (including stock exchanges in Madrid, Barcelona, Bilbao, and Valencia), has reportedly teamed up with Barcelona Tech City in order to establish a new Fintech hub…. Read More

July 19, 2020 @ 3:00 pm By Omar Faridi  |  

BBVA (Banco Bilbao Vizcaya Argentaria, S.A.), a Spanish multinational financial services company based in Madrid and Bilbao, Spain with nearly €700 billion in assets, has introduced the results of six proof of concept (PoC) trials that leverage quantum computing for several different potential business use… Read More

July 16, 2020 @ 8:52 pm By Omar Faridi  |  

Banco Santander, a Madrid-based multinational commercial that generates around 50 billion Euros in annual revenue, and Banco Sabadell, the fifth-largest Spanish banking group with over 26,000 employees, have finalized a proof-of-concept (PoC) test that supports the execution of digital payments via blockchain-based smart contracts. BBVA,… Read More

July 15, 2020 @ 12:43 am By Omar Faridi  |  

Telefónica, S.A., a Spanish multinational telecommunications company with over 48 billion EUR in annual revenue, will be piloting a blockchain or distributed ledger tech (DLT)-based platform for settling roaming discount agreements. Telefónica will be joined by Deutsche Telekom, a major German telecommunications company, and British… Read More

July 14, 2020 @ 1:13 pm By Samantha Hurst  |  

Auriga, an Italy-based company specializing in omnichannel banking solutions,  announced on Tuesday the opening of its two new branches in Spain and Mexico, following its international expansion strategy. Founded in 1992, Auriga describes itself as a software solutions company that specializes in end-to-end systems that integrate… Read More

July 5, 2020 @ 7:17 pm By Omar Faridi  |  

Village Capital helps company founders and business owners through its accelerator program. There are 11 early-stage Fintech firms that will be taking part in Village Capital’s investment-readiness program, called Finance Forward Europe. The initiative is part of Finance Forward, which is a multi-year global coalition… Read More

July 3, 2020 @ 8:13 am By Omar Faridi  |  

October, a leading European online lender, notes that it was launched after the global financial crisis of 2008-2009 with the goal of providing more financing options or alternatives to European SMEs. The October team wrote in a blog post published on July 1, 2020: “We… Read More

June 23, 2020 @ 1:33 pm By Samantha Hurst  |  

Strands, a Spain-based fintech that specializes in advanced digital banking solutions, announced on Tuesday it has been granted an AISP license as it prepares to expand its PSD2 services offering. According to Strands, an AISP is a payment institution which, under the revised Payment Services… Read More