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

·Nov. 10, 2021

Austria Aims to Boost Crypto Adoption by Taxing Them Like Stocks

About: It’s almost go time for the holiday shopping season, and nearly 90% of U.S. consumers plan to make at least some of their purchases online — 13% more than did in 2020. The 2021 Holiday Shopping Outlook, PYMNTS surveyed more than 3,600 consumers to learn what is driving online sales this...

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Europe Fintech News Roundup

·Oct. 20, 2017

The Names Behind Digital Bank Startups

There have been many recent launches of digital banks which was a result of regulatory changes in the UK; Metro Bank was the first having launched in 2010, but there are many new names since then; article highlights founders and investors in the space including Eileen Burbidge (Monzo), Sanjeev Gupta (Wyelands Bank), Jonathan Rowland (Redwood Bank), Nick Ogden (ClearBank) and the Pears family (Masthaven Bank). Source

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Europe

·Apr. 10, 2022

$250M Metaverse Fund Announced by HBAR Foundation to Onboard Consumer Brands to Hedera

The HBAR Foundation, which supports development of the Hedera ecosystem, recently announced the launch of a $250 million Metaverse Fund.

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Europe Fintech News Roundup

·Feb. 27, 2020

Iwoca Receives €100mn from BNY Mellon for German Expansion

UK based small business lender Iwoca secured €100mn from Insight Investment, which is owned by BNY Mellon, to dramatically increase...

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Europe

·Jun. 8, 2022

PayPal is finally allowing users to move their cryptocurrency to other wallets –

PayPal announced today that its users will now be able to transfer cryptocurrency from their accounts to other wallets and exchanges.

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Europe News Roundup Online Lending

·Apr. 25, 2017

Growth Street Reports 600 New Investors in Five Months

Growth Street has originated over $67.44 million since its launch in November 2016 with a new CEO and two new executive hires; the firm has now reported 600 new investors on the platform in the five months since its launch; Growth Street provides financing for UK SMEs; the short term financing options appear to be a factor attracting investors; the platform matches borrowers and lenders for 30 days and also allows investors to withdraw funds with notice of 30 days. Source

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Europe Fintech News Roundup

·Aug. 4, 2017

Blocksure Brings Blockchain to Insurance Industry

Blocksure is looking to bring the beneficial aspects of blockchain technology to the insurance market; according to Coverager, Blocksure has developed an insurance policy delivered by a SMART contract; SMART stands for see-through, multifaceted, authoritative and real-time; this would enable insurers and the many parties involved in a transaction to use one centralized location for the contract; this would be a more efficient and secure way to operate; we are likely to continue to see blockchain based proof of concepts across the insurance space in the future. Source

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Europe Fintech News Roundup

·Jun. 4, 2019