Tagged: spain

September 29, 2022 @ 8:13 am By Omar Faridi  |  

Younited, the instant credit provider in Europe, provides European households – in France, Italy, Spain, Portugal, and Germany – with financing solutions “for projects and purchases up to 50,000 euros.” This milestone is the “best proof” of the relevance of Younited’s offer to its customers:… Read More

September 26, 2022 @ 9:47 am By Omar Faridi  |  

Allurity has acquired Spanish multinational Aiuken, as “an important step in its journey to becoming Europe’s leading cybersecurity provider.” Aiuken brings an entire SOC platform “spanning three continents, as well as its Cloud Security and SOC-as-a-Service platforms.” This deal takes Allurity one step closer “to… Read More

September 24, 2022 @ 6:54 pm By Omar Faridi  |  

Bizum has arrived at N26. The online bank has announced that all customers with a Spanish IBAN can now “send, receive and request money through the popular mobile payments solution.” In addition, the online bank’s app will “incorporate the Bizum functionality to pay at partner… Read More

September 19, 2022 @ 8:29 am By Omar Faridi  |  

In August 2022, more than €80M in returns have reportedly been paid out to Bondora investors since they were founded. Bondora is focused on helping “to empower people to take charge and set themselves up for success with their financial futures.” Loan origination and investments… Read More

September 10, 2022 @ 8:47 pm By Omar Faridi  |  

Easy Payment & Finance, which claims to be a leading financial payment and technology enabler in Spain, announced it has chosen digital payments platform, Carta Worldwide, a subsidiary of Mogo Inc. (NASDAQ:MOGO), to support its new card offering. Easy EP is reportedly among Spain’s major… Read More

September 6, 2022 @ 8:16 am By Omar Faridi  |  

Easy4Cloud, which conducts operations in Italy, the United Kingdom, Spain and the US, digitizing different business areas and simplifying their management, has selected Fabrick to expand its offer and introduce BancheinCloud, a Business Intelligence platform for the aggregated management of Current Accounts through which personal,… Read More

September 5, 2022 @ 12:53 am By Omar Faridi  |  

After having a slow month in June, investment and loan origination figures “rebounded and increased steadily by 18.7%,” according to an update from Bondora. This brought both totals to “a solid €15,333,326 in July.” This is encouraging to see at the start of Q3, the… Read More

August 21, 2022 @ 8:17 pm By Omar Faridi  |  

After a slow June, Bondora‘s collection and recovery figures “rebounded as anticipated.” Bondora further noted that “the number of recovered loans, as well as the total cash recovered, increased.” The total recovered cash also “climbed to exceed €1 million once again.” The count of loans… Read More

August 17, 2022 @ 11:35 pm By Omar Faridi  |  

viafintech GmbH, part of the leading specialized payments platform, Paysafe (NYSE: PSFE), recently announced a partnership with Pecunpay “to launch a new cash deposit and withdrawal network in Spain.” Pecunpay, a brand from e-money institution Pecunia Cards EDE, “specializes in innovative e-payment and e-money processing… Read More

August 17, 2022 @ 10:39 pm By Omar Faridi  |  

Nebeus, the European cryptocurrency app, has announced a partnership with Modulr, the embedded payments platform, “to augment its offering with accounts, real-time payments and Visa cards.” This move makes Nebeus one of the first European companies “to leverage Modulr’s one-stop card issuing solution across the… Read More

August 14, 2022 @ 11:47 pm By Omar Faridi  |  

Bondora reports that loan origination and investments showed a “solid increase” to €15,333,326 in July. This rebound in statistics was “expected after the slow summer decreases in June.” Bondora also noted that the collection and recovery statistics grew, “exceeding €1 million.” In July, Bonodra welcomed… Read More

August 8, 2022 @ 5:09 pm By JD Alois  |  

Brickken has partnered with Hillstone Finance, Veritas, and Digital Gold Capital to expand its network to three new countries, according to a company release. Brikken is a company that was founded in Spain in 2020 that aims to leverage blockchain technology to tokenize or turn… Read More

August 1, 2022 @ 10:47 pm By Omar Faridi  |  

After stabilizing in May 2022, investment figures declined “from €15,458,394 to €12,913,190 in June 2022” on the Bondora platform. And with loan originations, there was “an overall decline of 17.3%.” This was expected, as there “have been slowdowns in origination and investment activity during the… Read More

July 31, 2022 @ 10:27 pm By Omar Faridi  |  

ID Finance Spain has published its results for the first half of 2022. The firm has provided the following operational and financial information: Net profit up 25% YOY, to €5m Revenue up 57% YOY, mainly due to the positive performance of MoneyMan’s lending activity in… Read More

July 28, 2022 @ 9:40 am By JD Alois  |  

Quasar Finance, a Cosmos-based DeFi project, has raised $6 million from big-name blockchain VCs including Polychain Capital, Blockchain Capital, Figment Capital, Lightshift Capital, and Galileo. Quasar CEO and co-founder Valentin Pletnev aims to make digital assets “simple, accessible and secure, while utilizing the Cosmos platform’s… Read More

July 27, 2022 @ 10:47 am By Omar Faridi  |  

As from today, all Austrian and Spanish government debt securities cleared by LCH SA’s RepoClear service are “available for settlement through Clearstream Banking AG.” The two new markets “complement the existing proposition for Belgian, French and German government debt.” RepoClear clearing members can now “choose… Read More

July 26, 2022 @ 7:53 am By Omar Faridi  |  

Barcelona-headquartered community Fintech 11Onze has partnered with insurance firm Tuio, in order to provide a unique market proposal – 11Onze Segurs. It’s a technology-driven, agile, transparent, affordable home insurance service for members. The home insurance policy is around 15-20% cheaper when compared to the average… Read More

July 18, 2022 @ 8:35 am By Omar Faridi  |  

For those interested in how Go & Grow works, Bondora recently shared information about what makes it successful (mainly its portfolio distribution). Bondora has provided details on how the claims added to Go & Grow are distributed, the most common ratings, the “most popular” goal… Read More

July 13, 2022 @ 11:08 pm By Omar Faridi  |  

French startup Qori has officially launched services, allowing Europeans to make payments in store, remotely or online with their bank or virtual currency wallets without being required to download a proprietary app. The “pay by bank” and “pay by crypto” tech is currently available to… Read More

July 13, 2022 @ 3:17 pm By Omar Faridi  |  

Allfunds Blockchain, the arm of Allfunds (AMS:ALLFG) specialized in blockchain technology, launches FAST in Italy, a solution “built on blockchain technology aimed at increasing the speed and efficiency of mutual funds transfers, which was already successfully launched in Spain.” FAST represents a “novelty” for the… Read More