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Europe

Europe
·Dec. 1, 2021

Bank North appoints Head of Savings ahead of full launch

Bank North, the UK's first truly regional business bank of the modern era, has appointed Louise Halliwell as Head of Savings
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Europe
·Dec. 1, 2021

It is Now Legal to Crowdfund Across All of the European Union But Challenges Remain

Earlier this month, the European Crowdfunding Service Providers Regulation (ECSPR) went into effect across the entire European Union. A dramatic step forward in removing internal borders in regards to capital formation, and part of the overall Fintech Action plan, the regulation allows firms in need
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Europe
·Dec. 1, 2021

Core banking system vendor Thought Machine raises $200m in Series C

Core banking software vendor Thought Machine has raised $200 million in its Series C funding round, bringing its valuation to over $1 billion.
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Europe
·Dec. 1, 2021

Plum completes $24 million fundraising campaign to drive future growth

Plum has successfully raised a total of $24 million from a Series A funding round that will help propel the company’s expansion into Europe
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Europe
·Nov. 30, 2021

India’s Slice becomes unicorn with $220M funding from Tiger Global, Insight Partners and Advent

Indian fintech Slice, which offers a credit card challenging product, has joined the unicorn club with fresh funds from Tiger Global, Insight Partners and others.
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Europe
·Nov. 30, 2021

Revolut Acquires Point-Of-Sale System Nobly to Expand Its Services Into Hospitality

Revolut announced the acquisition of ePOS software provider Nobly POS to expand its offering to serve the restaurant and hospitality sectors.
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Europe
·Nov. 30, 2021

FCA urged to rethink high risk categorisation of P2P lending

The Financial Conduct Authority (FCA) has been urged to rethink how it categorises peer-to-peer lending, amid concerns that it is unfairly labelling the asset as high risk. The prospect of new regulations in the P2P lending sector such as tougher marketing rules and investor restrictions was discussed at the P2P Leaders Forum, a virtual event...
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Europe
·Nov. 30, 2021

Bank of Lithuania Continues Digital Euro Experiments

The Bank of Lithuania invites payment market participants and technology companies to participate in an experiment and together develop a payment solution that enables instant settlements in digital euro at points of sale. 
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Europe
·Nov. 30, 2021

UK’s easyMoney Reveals that A Third of Women Don’t Invest Because they Don’t Know Enough About It: Survey

First came the gender pay gap, and now all eyes seem to be on the investment gap - and this time it’s bigger (a lot bigger), according to an update from easyMoney. UK’s easyMoney, the investment platform from Sir Stelios Haji-Ioannou’s easy family of brands
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Europe
·Nov. 30, 2021

ECB report finds banks failing to meet climate risk goals

The study looks at the state of climate-related and environmental risk management in 112 banks under ECB supervision, with €24 trillion of combined assets.
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