MoneyThing has announced its authorization from the UK Financial Conduct Authority; says it will no longer be pre-funding loans and revising its terms for new lenders; plans to seek HMRC approval for innovative finance individual savings accounts. Source
A new fintech named Twig has launched in the UK with the aim to allow customers to turn their unwanted possessions into instant cash.
nCino will acquire SimpleNexus for around $240 million in cash and approximately 13.2 million shares of nCino stock.
The lender pledges €500m to support the German economy.
CB Insights held a webinar discussing fintech trends in Europe; top trends included insurtech expansion, blockchain, open banking and the changing financial services infrastructure; reports that European fintech has raised $2.637 billion in 2017 from 300 deals with record financing in the first quarter of $1.1 billion. Source
Business Insider has put together a list of the 27 fintech unicorns from around the world; data used to determine...
The sustainability of bitcoin is still an issue. Industry experts say a collaboration of all stakeholders is needed to make an impact.
This month Revolut has significantly expanded operations catering towards SMEs, freelancers and sole traders.
BTC or ETH is not subject to tax on sales if the individual sells them more than 12 months after being acquired.
The circular economy has become a fundamental part of Europe's sustainable growth agenda and finance is powering the way.