The percentage of European neobanks currently offering investment products is 44% according to a research article Investments...
Fintech startup Meniga is one of Europe's leading bank service providers; the firm has developed solutions including software that connects legacy banking tech infrastructure with modern APIs for new digital customer experiences; it also offers banks technology solutions for complying with P2D2 regulations; it is working with some of the world's largest banks to integrate digital solutions. Source
Similar to how fintech is scaling vertical SaaS, the pandemic-fueled disaggregation of healthcare has created new players that are taking a page out of the fintech revolution book.
Scotland has seen significant growth in its FinTech ecosystem, reflecte
The Association of Alternative Business Finance is rumored to be the alternative lending sector's next representative association; the consortium has reportedly been developed by seven balance sheet lenders to represent the interests of their lending group; the association will seek to employ and enhance transparency, responsibility, fairness and security; its criteria for inclusion is primarily focused on business product lending. Source
UK based stockbroker challenger Freetrade became the second fintech to knock crowdfunding site Crowdcube offline during a fundraising round; Monzo...
The notion of a fair day’s work for a fair day’s pay is fundamental to a harmonious workplace. Most people agree that workers should be paid in full once work is done. The arrival of real-time payments means that payroll on demand is a practical reality.
Fintech startup, Abaka, raised 520,000 British pounds in seed funding from Anthemis Exponential Ventures and MMI Holdings' Exponential Ventures; the company intends to use the capital to hire new people and launch in the UK; the company uses artificial intelligence to help employees improve financial wellness through a savings platform so they can manage their pension plans on their phones. Source
Huddle Capital provides P2P loans for businesses; Terry Fisher talks about the platform's differentiators and advantages; also discusses its ownership by Access Commercial Finance, its relationship with Rebuildingsociety, its technology and what investors can expect. Source
Europe is leading the global market in challenger banks and also providing examples for the future of banking; as digital banks increasingly gain market share a number of Europe's large banks have announced branch closings including Lloyds, RBS and NatWest; AltFi discusses the ideal bank of the future reporting on the growth of challenger banks and their potential to open physical branch locations. Source