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Europe's Economic Crossroads: Recession Fears and S&P Global's
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Executive Moves
Recognise Bank Appoints Sahil Thapa as CTO
2022-06-21T21:42:00.000+02:00
He worked for over ten years at Deutsche Bank.
Thapa was previously employed by Standard Chartered Scope International.
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ComplyAdvantage Introduces ComplyTry for Efficient Verification
2022-06-21T12:04:46.242+02:00
ComplyTry users will be able to better understand the risk profiles of prospective customers.
The newly introduced service will help with detecting and preventing financial crimes.
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FinTech
First Derivative Announces New Office in Poland
2022-06-20T21:46:00.000+02:00
The company recently launched an office in Toronto, Canada.
First Derivative opened the new office amid 'significant demand'.
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UK Outlines Plan for BNPL Regulation
2022-06-20T13:43:09.998+02:00
Under the newly announced plans, lenders will be required to carry out affordability checks.
The popularity of BNPL services has increased significantly in the UK in the last few years.
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Executive Moves
BTIG Limited Hires Managing Directors for Its Fixed Income Credit Team
2022-06-16T20:22:00.000+02:00
Christelle Girardie previously was employed by Seaport Global.
Paras Shah worked at HSBC.
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Brokers
BUX Introduces Fractional Investing in AEX-Listed Companies
2022-06-16T09:55:38.551+02:00
The company has partnered with ABN AMRO Clearing.
BUX recently hired Niek van Rens as the new Chief Operating Officer.
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News
IPC Signs Partnership with Newsquawk to Launch Connexus Broadcast
2022-06-15T23:41:00.000+02:00
Connexus Broadcast will be delivered via IPC's Connexus Voice.
Newsquawk is a market multi-asset audio market data service.
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MFS Africa Secures an Additional $100 Million in Equity and Debt Funding
2022-06-15T11:50:21.073+02:00
The funding was led by Admaius Capital Partners.
The investment will increase MFS Africa’s integration into the global digital payment ecosystem.
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Executive Moves
Equinix Appoints Two Executives to Its Board of Directors
2022-06-14T03:13:00.000+02:00
Fidelma Russo and Jeetu Patel were appointed to Equinix's Board of Directors.
Both executives have extensive experience in the technology industry.
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Certegy Signs Collaboration Deal with Trust Payments
2022-06-13T23:20:00.000+02:00
The deal aims to leverage the Buy Now, Pay Later (BNPL) and BankPay offerings.
Trust Payments will be bringing the Certegy BNPL solution to its merchants.
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Wirex Wallet to Facilitate Malaysian and Indonesian Users with New Payment Method
2022-06-11T14:00:48.028+02:00
The company has made its non-custodial wallet more accessible to APAC users.
Wirex recently introduced new alternative payment methods for those living in India and Portugal.
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Analysis
FinTech
Analysis
Neobanks vs Traditional Banks: Is the War Already Over?
2022-06-10T15:09:42.899+02:00
Most neobanks are backed by traditional banking giants.
Despite growing adoption, less than 5% of challenger banks are profitable.
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Brokers
UP Fintech Reports 35.2% YoY Dip in Q1 Revenues
2022-06-10T12:00:23.275+02:00
Total revenues came in at $52.6 million, compared to $81.3 million in the same period last year.
The company added 30,150 funded accounts in the recent quarter.
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Rapyd Enhances International Presence, Opens Dubai Office
2022-06-09T13:59:12.912+02:00
The fintech company called the recent development a ‘major milestone’.
Rapyd has been registered at Dubai International Financial Center.
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FinTech
Rauva Aims Super App at 20m SMEs in Mediterranean Europe
2022-06-08T15:52:36.388+02:00
Sam Mizrahi and Jon Fath unveiled Rauva on Wednesday.
Rauva to be launched early 2023 in Portugal and Spain.
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Monty Finance Expands Global Presence, Enters Europe with New Services
2022-06-08T13:13:29.814+02:00
The fintech company is headquartered in the United Kingdom.
Monty Finance has officially launched its neobank and payment gateway in all European markets.
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News
Ebury Partners with KYC Startup LoopingOne, Invests €800K
2022-06-08T12:30:19.279+02:00
It was the first seed round closed by LoopingOne.
The two companies will use each other's resources to shape their offerings.
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News
Ziglu Inks Deal with ClearBank to Expand Its Banking Offerings
2022-06-07T23:22:00.000+02:00
The UK-based money app will offer virtual GBP bank accounts.
ClearBank will support Ziglu's real-time processing and reporting of such bank accounts.
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LHV UK Parent Raises €35 Million as It Seeks UK Banking License
2022-06-07T10:18:37.989+02:00
The funds will be used to capitalize on the new UK bank.
The proceeds were raised with a rights issue.
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Thought Leaders
Senior Leadership Changes at Fxview Announced for Long-Term Success
2022-06-06T09:55:16.659+02:00
The management overhaul will help strengthen the company’s diversity at senior levels.
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News
TrueLayer Partners with Thunes to Improve Payment Experience
2022-06-01T15:13:40.533+02:00
Thunes is building a borderless B2B payment infrastructure.
The partnership will facilitate consumers across the UK and Europe.
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Trustly Announces Acquisition of Ecospend
2022-05-31T13:01:43.480+02:00
Ecospend is an open banking payments platform based in the UK.
The financial details of the acquisition were not disclosed.
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Executive Moves
Mollie Appoints Klarna’s Koen Köppen as the New CTO
2022-05-31T10:38:10.388+02:00
The company aims to build a broad range of financial services.
Köppen spent more than a decade at Klarna.
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Dutch Neobank Integrates Sentinels’ RegTech Solution for AML Scaling
2022-05-30T13:05:07.621+02:00
The neobank wants to increase its compliance needs with the growing customer base.
Sentinels uses AI for transaction monitoring.
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News
Bloom Raises £300 Million in Series A Investment
2022-05-28T14:01:45.328+02:00
The funding was led by Credo Capital Partners and funds managed by Fortress Investment Group LLC.
The company aims to become the leading capital provider in Europe.
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