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Europe

EuropeFintechNews Roundup
·May. 22, 2019

TransferWise Raises $292mn in Secondary Funding

UK based payments fintech TransferWise has upped their valuation to $3.5bn with a secondary funding raise of $292mn; the round...
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EuropeFintechNews Roundup
·May. 22, 2019

1 in 10 European Banks Could Close by 2023

According to a new study by consultancy firm A.T. Kearney the combination of digital only banks and the fact that...
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EuropeFintechNews Roundup
·May. 22, 2019

Ireland Strengthens Fintech Presence by Embracing Digital Identity

Ireland is working to bolster their claims to be a destination for financial services firms and fintech startups by embracing...
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EuropeFintechNews Roundup
·May. 22, 2019

Funding Circle Asks Shareholders to Approve Wind-Down of Fund

Funding Circle is recommending shareholders to approve the wind-down of the Funding Circle SME Income Fund; the fund will continue...
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EuropeFintechNews Roundup
·May. 21, 2019

Financial Wellness Aims to Improve Financial Mental Health

According to Michael Kent, CEO of Azimo, a recent survey says 77 percent of UK residents are stressed about money;...
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EuropeFintechNews Roundup
·May. 21, 2019

Funding Circle Sees Success in Foreign Markets

The UK is still Funding Circle’s biggest market but expansion to new markets and improved performance from established foreign markets...
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EuropeFintechNews Roundup
·May. 21, 2019

Crypto and Forex Scams Triple in the UK

The UK’s Financial Conduct Authority found that the number of crypto and forex fraud claims tripled in the last year...
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EuropeFintechNews Roundup
·May. 21, 2019

Kard Aims to be the Bank Account for Generation Z

The French startup called Kard is similar to many of the challenger banks today except that they are targeting a...
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EuropeFintechNews Roundup
·May. 20, 2019

Facebook Setting Up Fintech Company in Switzerland

The new company called Libra Networks will focus on blockchain, payments, data analytics and investing; the information was gathered through...
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EuropeFintechNews Roundup
·May. 20, 2019

Revolut Seeks License in Russia as Lithuania Puts Approval on Hold

One of Europe’s hottest fintech startups Revolut plans to seek a banking license in Russia as the Lithuania government delays...
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