Tagged: europe

April 23, 2024 @ 10:40 pm By Omar Faridi  |  

Trustly announces a pledge to boost growth for businesses across Europe. In a major move to enhance the checkout experience “for millions of people,” the payments tech firm unveils the new Trustly Growth Guarantee. They are offering clients – current and new – a fresh… Read More

April 23, 2024 @ 8:26 am By Omar Faridi  |  

PeerBerry’s business partners – real estate developers Lithome and SIB Group– have now reportedly repaid investors two loans totaling €1.79 million with interest. As noted in a blog post by PeerBerry, Lithome has repaid a one-year term loan of €750,000 (the real estate project “Baltupio… Read More

April 23, 2024 @ 8:23 am By Omar Faridi  |  

After a challenging period for the cryptocurrency / digital assets market last year, investor optimism and confidence in digital assets has returned – albeit with some reservations. This is shown by the results of a joint survey conducted by KPMG in Germany and BTC-ECHO, the… Read More

April 22, 2024 @ 8:13 am By Omar Faridi  |  

Estateguru has shared its latest Loan Portfolio Overview for the month of March 2024. Estateguru says they have “originated €6.9M worth of loans in March, with the majority of funding coming from Estonia, and Latvia.” Estateguru reveals that it “saw €8.4M in loan repayments, with… Read More

April 20, 2024 @ 5:24 pm By Omar Faridi  |  

Austrian, French, Italian and Spanish financial market authorities have given their key priorities for a macro-prudential approach to asset management, the AMF noted in a recent update. As the European Commission prepares to launch its consultation on the macro-prudential treatment of risk in asset management,… Read More

April 19, 2024 @ 6:42 am By Omar Faridi  |  

DNA Payments has recently announced a key partnership in order to provide online retailers with high-performance, simple, unified payments by integrating DNA Payments’ acquiring and checkout solution with their E-commerce platform. DNA Payments’ feature-rich, customizable website checkout pages “offer easy integration with full technical support… Read More

April 17, 2024 @ 8:11 am By Omar Faridi  |  

Binance Academy, the crypto learning hub of Binance, has partnered with European educational institutions to launch a series of paid university-accredited courses. Their curricula will cover key topics and disciplines of blockchain and Web3, “offering learners a deep understanding of the digital-asset space.” By offering… Read More

April 17, 2024 @ 7:38 am By Omar Faridi  |  

Bitpanda recently announce their strategic partnership with Landesbank Baden-Württemberg (LBBW), which is reportedly Germany’s largest federal bank and with a balance sheet of more than 330 billion Euros (as well as a key institution in the German banking sector). Through this collaboration, LBBW will “utilize… Read More

April 16, 2024 @ 11:12 am By Omar Faridi  |  

UK Finance has announced work on a new UK Regulated Liability Network (RLN) experimentation phase with eleven of its members. The UK RLN is envisaged as a common ‘platform “for innovation’ across multiple forms of money, including existing commercial bank deposits and a shared ledger… Read More

April 15, 2024 @ 2:02 pm By Omar Faridi  |  

Inpay, the Danish cross-border payments provider, has announced strong annual results for 2023. Annual revenues increased by 23 percent to €60.1 million, up from €48.6 million in 2022. The business also saw strong growth in EBITDA, “up 57 percent to €13.0 million in 2023, up… Read More

April 15, 2024 @ 10:33 am By Omar Faridi  |  

HeavyFinance has recently shared its latest platform performance review for the month of March 2024. In March, a total of €843,000 was “invested and distributed across 29 agricultural projects” available on the HeavyFinance platform. As of the end of March 2024, a significant sum of… Read More

April 15, 2024 @ 9:55 am By Omar Faridi  |  

Debitum Investments has reportedly received an “A level” taxpayer rating from the Latvian State Revenue Service. The team at Debitum further noted that as part of the long-term strategy platform have launched a new financial instrument – Debitum Notes. Debitium also mentioned in a blog… Read More

April 15, 2024 @ 7:52 am By Omar Faridi  |  

Investment platform Bondora has shared its latest performance and statistics for March 2024. The European investment platform has shared key insights into their ongoing growth and performance. In March 2024, Bondora claims that it welcomed 2,077 people who reportedly “created their investor accounts with them.”… Read More

April 15, 2024 @ 7:11 am By Omar Faridi  |  

European megafunds raised record amounts of capital in 2023, according to an update from PitchBook. Most notably, the top five funds contributed “to a record concentration of over half the year’s fundraising figure in Europe, with CVC Capital Partners raising a global record €26 billion… Read More

April 10, 2024 @ 11:52 am By Omar Faridi  |  

Meijers Assurantiën, a Dutch insurance broker and Worldwide Broker Network member, has reportedly become CyberCube’s first client in the Netherlands marking the leading cyber risk modeler’s continued international expansion. Meijers is a family business that “has grown in half a century to become one of… Read More

April 10, 2024 @ 8:15 am By Omar Faridi  |  

N26, Europe’s digital bank, announced the launch of Joint Accounts in 21 new markets. Joint Accounts allow N26 customers to “manage both their personal finances as well as finances shared with a partner – all in the N26 app, and at no extra cost.” This… Read More

April 9, 2024 @ 9:11 am By Omar Faridi  |  

The latest Royal Bank of Scotland Report on Jobs survey, compiled by S&P Global signalled a sustained deterioration in permanent staff placements “across Scotland during March. Although the rate of decline eased from the month before, the number of people placed into permanent roles fell… Read More

April 9, 2024 @ 9:09 am By Omar Faridi  |  

Hokodo, Europe’s provider of digital payment terms solutions, has today announced a new €100 million debt facility from Viola Credit, a global credit investment manager focused on supporting the growth of the innovation economy. With this new financing, Hokodo will facilitate “more than €1.5 billion… Read More

April 8, 2024 @ 8:12 am By Omar Faridi  |  

CAB Payments Holdings announced it has expanded into the European Economic Area (EEA) with the establishment of CAB Europe BV, trading as CAB Payments Europe. CAB Payments Europe has secured a payment service provider license with De Nederlandsche Bank N.V., (DNB) to “provide services in… Read More

April 4, 2024 @ 8:06 am By Omar Faridi  |  

N26 announced the launch of its Stocks and ETFs trading product in Germany. The company also announced “an increased interest rate of 4% on Instant Savings for N26 Metal customers from April 9th, 2024, as it continues to expand and improve its integrated savings and… Read More