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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

Monzo and Starling Bank Big Winners at the British Bank Awards

Last night in London the banking community in the UK came together for the annual British Bank Awards; Starling Bank...
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EuropeFintechNews Roundup
·Mar. 12, 2020

UK Budget Calls for Review of Fintech and More Funds for Delivery Panel

While the coronavirus continues to take most of the headlines the UK Chancellor Rishi Sunak released the 2020 budget; the...
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EuropeFintechNews Roundup
·Mar. 12, 2020

Funding Circle Looks to Break Even by Mid-2020

Samir Desai recently chatted with Peer2Peer Finance News; Desai noted that the company started 2020 in a very strong position...
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EuropeFintechNews Roundup
·Mar. 10, 2020

Revolut Looking to Secure UK Banking License

UK based digital only bank Revolut is now looking to secure a UK banking license with Brexit forcing the country...
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EuropeFintechNews Roundup
·Mar. 10, 2020

OakNorth Doubles Profits as Growth Halves

UK based online SMB lender OakNorth said they nearly doubled profits to £65.9mn in 2019; the news was dampened a...
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EuropeFintechNews Roundup
·Mar. 10, 2020

Litigation Funding Platform AxiaFunder to Raise Capital on Seedrs

AxiaFunder is the first UK for-profit litigation funding platform; they are now launching a Seedrs capital raise which is open...
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EuropeFintechNews Roundup
·Mar. 9, 2020

Travel Insurance Policy and Regulatory Issues Led to N26’s UK Exit

According to new reporting by Sifted and Finance Forward N26’s exit from the UK was not due to Brexit but...
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EuropeFintechNews Roundup
·Mar. 9, 2020

LendInvest Completes Second Securitization

The securitization includes £285 million of UK prime buy-to-let mortgage loans and was oversubscribed; Citi arranged the securitization who was...
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EuropeFintechNews Roundup
·Mar. 9, 2020

Tandem raises £60m

Reuters reports that the challenger bank has raised £60 million; sources familiar with the matter said investors include the Qatar...
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