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Europe

EuropeFintechNews Roundup
·Mar. 13, 2020

Santander to Acquire Majority Stake in Spain’s Mercury TFS

Santander will acquire a controlling interest of 50.1% in Spanish trade finance software house Mercury TFS with a €30 million...
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EuropeFintechNews Roundup
·Mar. 13, 2020

How UK Banks are Evolving the Branch Experience

About a third of branches at UK banks have closed in recent years as digital banking takes hold and contactless...
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EuropeFintechNews Roundup
·Mar. 17, 2020

Monzo Launching Business Account

Monzo has officially launched their first product for businesses; the bank has shared that they hope to be profitable in...
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EuropeFintechNews RoundupUSA
·Mar. 17, 2020

Banks Worried Low Rates Will Cut Margins and Not Spur Borrowing

The Fed took the unprecedented step of cutting rates to near zero to help ease the blow of Coronavirus and...
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EuropeFintechNews Roundup
·Mar. 18, 2020

Penta Raises €18.5 million

Penta is a Berlin-based business bank which also has operations in Italy; RTP Global led the round with investors HV...
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EuropeFintechNews Roundup
·Mar. 18, 2020

Financial Crime Costs total £1.2 billion in the UK in 2019

A recent report called ‘Our Fraud – the Facts 2020’ produced by UK Finance shows just how much fraud is...
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EuropeFintechNews Roundup
·Mar. 18, 2020

Iwoca Launches Lending as a Service Platform

UK based small business lender Iwoca is launching a lending as a service platform so other fintechs can add lending...
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EuropeFintechNews Roundup
·Mar. 19, 2020

Aggregators in UK See Influx of SME Signups

Registrations are soaring at the aggregator sites which connect borrowers and financing providers; Funding Options is one company that is...
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EuropeFintechNews Roundup
·Mar. 20, 2020

LendInvest Completes Second Securitization Amid Turbulent Market

UK property lender, LendInvest, has completed a £285 million securitization of prime “buy-to-let” mortgages; it received a AAA rating for...
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EuropeFintechNews Roundup
·Mar. 20, 2020

Robinhood Faces Uncertain Future with Lawsuits and Potential Regulatory Action

Robinhood has been one of the hottest startups in fintech but the firm has run into a number of issues...
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