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Europe

EuropeFintech
·Jul. 30, 2020

UK Current Account Switches Hit Record Lows

Only 98,192 account switches took place in Q2 2020, down 65 percent from Q1 when more than 280,000 switches took...
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EuropeFintech
·Jul. 30, 2020

SoftBank Faces Blow to Reputation over Wirecard Investment

Several SoftBank executives held calls last month to discuss potential legal risks with their large investment into Wirecard so soon...
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EuropeFintech
·Jul. 30, 2020

UK’s FCA Tells Finance Firms to Better Protect Customers

The UK’s Financial Conduct Authority ordered financial firms to do more to protect vulnerable customers; the FCA issued the order...
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Asia/PacEuropeFintechNews RoundupUSA
·Jul. 30, 2020

More News for July 30, 2020

Banks call on Congress to freeze new ILC approvals How the pandemic is propelling Zelle With Robinhood’s UK launch delayed,...
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EuropeFintech
·Jul. 29, 2020

Remitly Raises $85M at a $1.5B Valuation

Remittance fintech Remitly has announced it has raised $85 million in equity at a $1.5 billion valuation, an up round...
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EuropeFintech
·Jul. 29, 2020

TransferWise Valued at $5bn in Secondary Sale

TransferWise sold $319mn worth of shares to early investors and employees that valued the fintech at $5bn; the company’s valuation...
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EuropeFintechUSA
·Jul. 29, 2020

The World Bank Needs to Create a Universal Coin

There are a seemingly endless amount of blockchains, with the latest coming from The Ant Group as they released AntChain...
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Asia/PacEuropeFintechNews RoundupUSA
·Jul. 29, 2020

More News for July 29, 2020

Cboe Proposes Plan That Could Curb Advantages of Fast Traders European banking needs a Big Bang Hong Kong-based EMQ raises...
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EuropeFintech
·Jul. 28, 2020

ComplyAdvantage Raises $50M in Series C

London-based financial crime fintech, ComplyAdvantage, has closed a $50 million Series C funding round; the round was led by Ontario...
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EuropeFintech
·Jul. 28, 2020

UK Fintech Thought Machine Raises Another $42 Million

Thought Machine has raised another $42 million, an add-on round to its Series B announced in March, taking their total...
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