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Europe

Europe
·Nov. 15, 2021

ABN AMRO reports 14% rise in Q3 2021 net profit to €343m

ABN AMRO has reported a net profit of €343m for quarter ended 30 September 2021, a 14% rise compared to €301m for the same period in 2020.
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EuropeNews RoundupOnline Lending
·Nov. 29, 2016

MarketInvoice Funds 1bn British Pounds in Invoices

MarketInvoice has reached a 1 billion British pound invoice funding milestone; in the past 14 months it has financed 500 million British pounds of invoices; just recently reaching the 1 billion British pounds funding milestone, it reported invoices funded of 958,029,836 British pounds as of October 31 with a total loan amount of 765,451,443 British pounds; the company has been in business since 2010 with a total of over 20,000 transactions; it currently offers loans of 10,000 British pounds to 3 million British pounds for company invoices.  Sources

 

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Europe
·Jan. 10, 2022

UK parliament launches crypto group

The UK's parliament has launched a cross-party group of MPs and Lords to cover the crypto and digital assets sector.
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EuropeFintech
·Jul. 27, 2020

UK Fintech Investment Drops 40 Percent in First Half of 2020

UK fintech investment dropped 39 percent for the first half of 2020 to $1.84bn, down from $3bn in the first...
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EuropeNews RoundupOnline Lending
·Mar. 20, 2017

Zopa’s Giles Andrews Joins MarketInvoice as Chairman

Giles Andrews launched Zopa, the industry's first peer-to-peer lending platform, in 2005; he has now taken on a new role as the chairman of MarketInvoice; MarketInvoice provides P2P financing for small business invoices giving them an alternative source for working capital; Giles Andrews will help the firm scale its business and reach its 2017 goal of 2 billion British pounds ($2.48 billion) in lending.  Source

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EuropeFintechNews Roundup
·Nov. 21, 2017

French Startup Looks to Help Banks with Artificial Intelligence

French based DreamQuark is looking to provide an AI solution to banks, asset management firms and insurance companies; the product, Brain, helps financial services companies to make smarter decisions in fraud detection, anti-money laundering and credit scoring; they can also help to better organize data so firms can offer customers tailored products and cut down on false positives so consumers don’t need to call for verification purposes. Source.

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Europe
·Dec. 10, 2021

Upmarket neobank Monument gears up for next funding round as launches savings products

Monument, which plans to do mass affluent banking better than its competitors, aims to reach profitability within 24 months of launch.
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Europe
·May. 5, 2022

Stripe launches open banking product sparking Twitter taunt from Plaid CEO

Stripe announced an open banking product called Financial Connections sparking a testy Twitter tussle with Plaid CEO Zachery Perret.
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Europe
·Jun. 20, 2022

Bitcoin Crash Deepens, BTC Loses $20,000 Level

Bitcoin (BTC) is currently going through one of the worst corrections in its history.
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european union flag, yellow stars in a circle blue background
Europe
·Oct. 31, 2022

Legislators approve MiCA bill

A comprehensive 380-page document was released that explained the policy and future legislation.
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