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Europe

EuropeFintechNews Roundup
·May. 16, 2019

Brits Are Still Reluctant Users of Fintech Says New Study

A study of around 15,000 consumers in 15 different countries by Dutch bank ING found that the British are wary...
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EuropeNews RoundupOnline LendingReal Estate
·Mar. 22, 2017

Property Crowd Launches IFISA

UK debt crowdfunding platform Property Crowd has announced the launch of its innovative finance individual savings account (IFISA); the minimum investment for the IFISA is 5,000 British pounds ($6,220) and the account will target returns of 7% to 10%; Property Crowd will compete for investment across the alternative debt market however its offerings vary slightly from traditional P2P lenders since the firm's debt products include structured real estate bonds.  Source

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Europe
·Jan. 17, 2022

FTX launches $2bn fund to back web3 startups

Cryptocurrency exchange FTX has launched a $2 billion venture capital fund that will invest in firms pushing blockchain and web3...
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Europe
·Jun. 9, 2022

German wealthtech Trade Republic bags €250m in Series C extension

Berlin-based Trade Republic, which claims to be Europe’s largest savings platform, has announced a €250 million Series C extension.
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EuropeFintechNews Roundup
·May. 29, 2019

Plaid Officially Launches in the UK

One of the hottest U.S. based fintech startups is now live in the UK with their first two customers; Plaid...
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EuropeFintechNews Roundup
·Mar. 1, 2019

Revolut’s CFO Has Resigned Amid Challenges for the Company

Peter O’Higgins, who had been the CFO for Revolut since 2016, resigned last month from the fast growing fintech; this...
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Europe
·Jan. 7, 2022

How many app downloads do you now need to be worth $1bn?

Europe's fintechs are hitting the $1bn mark with fewer downloads than ever, a new analysis shows.
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Europe
·Mar. 3, 2022

Amid heavy financial losses, iBuyers bought 70,000 homes in 2021

So-called iBuyers purchased a total of 70,402 homes in 2021, more than doubling the number purchased in 2019, according to a report from Zillow released on Tuesday.
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EuropeNews RoundupOnline Lending
·Jan. 25, 2017

Funding Circle Exits Spain, Reinvests in Europe

Upon their acquisition of Zencap, Funding Circle took up operations in Germany, the Netherlands and Spain, though now you can remove Spain from that list; according to Ryan Weeks of AltFi, this was due in large part to a low quality pool of borrowers and limited understanding in Spain of P2P lending; in terms of their loan book this was only a fraction of global originations for Funding Circle; they will now be able to allocate more resources to Germany and the Netherlands where they are looking to increase their market share.  Source

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EuropeFintechNews Roundup
·Oct. 4, 2017

P2P-Banking Releases September P2P Lending Volumes

Funding Circle lead originations for the month of September followed by Zopa and RateSetter; many other originators across Europe are included in the list. Source

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