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Europe

EuropeFintechNews Roundup
·Aug. 25, 2017

Early-Stage Fintech Financing in the UK and Germany

CB Insights reports on two of Europe's top markets for fintech investment, the UK and Germany; the UK is reporting significant early-stage investment in personal banking platforms and insurtech with insurtech also a top investment in Germany; year-to-date, European fintech companies have raised approximately $2.6 billion with early stage fintech financing in the UK at $202 million and Germany reporting financing of $83 million. Source

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Europe
·Apr. 6, 2022

ComplyAdvantage Releases New Anti-Money Laundering Essentials Guide

ComplyAdvantage, a global data technology company today announced the release of a new Anti-Money Laundering Essentials Guide for Startups.
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Focused multiracial corporate business team people brainstorm on marketing plan financial report gather at office table meeting, diverse serious colleagues group discuss paperwork engaged in teamwork
Europe
·Apr. 4, 2022

Fintech Scotland releases roadmap to drive UK fintech development

Fintech Scotland publishes a roadmap to drive innovation in Scottish fintech as part of a response to the Kalifa Review's recommendations for national financial inclusion and connectivity.
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EuropeFintechNews Roundup
·Jan. 30, 2020

Pleo Partnering With JPMorgan and Mastercard for Corporate Credit Cards

Pleo is a European fintech that automates expense reports and simplifies company spending via their smart corporate prepaid cards; today...
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EuropeFintechNews Roundup
·Apr. 5, 2018

New Automated Aggregator Launches for Digital Wealth Advisors

UK based Pia, personal investment assistant, is testing their new aggregator platform to help people find the best digital wealth advisor; “We spent time speaking to people who said we need to launch a product that’s far more accessible, interesting and engaging for somebody that doesn’t have a lot of investing experience and don’t know where to start,” said co-founder James Mackonochie to TearSheet; the difference between Pia and a typical aggregator site is they will use an AI powered chatbot to customize the user experience. Source.

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Europe
·Jan. 3, 2022

Tencent Takes Stake in UK Challenger Bank Monzo

Tencent, the Chinese-based tech group, has a new stake in Monzo, which shows a big recovery in Monzo’s fortunes as it’s now valued at $4.5 billion.
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EuropeFintechNews Roundup
·Feb. 21, 2020

UK Fintech Neyber Said to be Struggling to Attract New Funding

Neyber is a UK fintech that allows employees to borrow against their salaries; they started in 2013 and last raised...
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EuropeFintechNews Roundup
·Jan. 3, 2018

New European Legislation Seen as a Positive for Fintechs

The European Commission is developing new legislation that will help fintech companies, in particular crowdfunding sites and online lenders, operate and scale across single market member states; the idea is meant to create a digital single market, removing what some countries add on within their jurisdiction; this move could help propel funding for fintech companies and increase their ability to compete with companies in the US and Asia. Source.

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Europe
·Oct. 27, 2021

Stockholm Sees Growing Green Fintech Space

Sweden’s credentials in sustainability and Stockholm’s vibrant fintech ecosystem are converging into a flourishing green fintech market where players are gaining traction and starting to expand globally.
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Europe
·Jun. 21, 2022

Gen Z financial assistant app Cleo raises $80m at $500m valuation

Gen Z financial assistant app Cleo has raised $80 million, pegging its valuation at $500 million, five times that of its December 2020 valuation.
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