Extraordinary times call for extraordinary measures. The EU announced last week that it would suspend the Growth and Stability Pact....
The company is currently valued at $2.8 billion and has lent $4 billion to British businesses with zero defaults; the...
This November we will host our fifth installment of LendIt Fintech Europe in London. Although London is most often referenced...
The list covers all industries, but includes the fastest growing financial services businesses in Europe; TransferWise came in at #24, reporting 3,392% revenue growth from 2013-2016; the company hired 670 people over the same time period. Source
Robo-advisors are far less prevalent in Europe compared to the US; however this is a growing market particularly in the UK and Germany; the UK market is larger, but Germany is growing at a faster rate; total assets under management stand at $3.5 billion at the end of 2017 according to TechFluence; it is estimated that there are around 98-126 robo-advisor services in Europe; article shares the biggest robo-advisors in Europe and the major differences between markets. Source
One of the challenges for the challenger banks like Monzo, Starling and Revolut is to go beyond the young demographic...
The report from the European Securities Markets Authority, the European Banking Authority and the European Insurance and Occupational Pensions Authority...
The company intends to list on the Nasdaq in Stockholm and raise approximately $227 million which would value the company...
Revolut continues to add functionality to their accounts as they apply for their banking license; while Revolut customers have access to card payments, in Europe many utilities require that you pay phone and electricity bills with direct debits. Source
Marqeta has hired its first employee in London as it aims for a 2018 European launch; the firm provides payment card technology and works with other fintech firms such as Square and Kabbage; they have raised a total of $76 million, which includes a recent $25 million investment which was led by Visa; CEO Jason Gardner stated in a Business Insider interview, “The use-cases we see here in the US and Canada are very similar to the use-cases we see in Europe. Since our inception [we] have always seen ourselves as a global issuer-processor and Europe is obviously an enormous market.” Source