SME Finance bag €40M from EIF to support SMEs in the Netherlands, among others
SME Finance, with an EIF partnership, will provide loans to targeted businesses backed by up to 80 per cent loan guarantees.
Fintech
Payments, neobanks, embedded finance, and the regulatory boundary between fintech innovation and the financial system it sits on top of.
933 articles · Fintech
London’s Translucent bags £5M in seed funding for its innovative multi-entity financial platform
London-based Translucent, a financial management platform for multi-entity and multinational enterprises, announced that it has raised £5M…
Adyen’s shares sink 31% after weak H1 2023 report; sparks worries over sector's high valuations
Amsterdam-based Adyen, a fintech unicorn, encountered a setback as its shares experienced a sharp decline after publishing its H1 2023 report that fell short of analysts' projections and the company's medium-term targets.
London’s UK FinTech Growth Partners announces new fund to support growth-stage fintech startups in UK
UK FinTech Growth Partners will launch FinTech Growth Fund, a domestic financing initiative for growing startups.
UK’s SumUp bags €91M in credit facility from Victory Park Capital for its merchant cash advance product
London-based SumUp, a fintech company, announced on Wednesday that it has entered into a $100M (approximately €91M) credit facility with…
PayPal unveils PYUSD Stablecoin, faces surge in counterfeit tokens: Know more
California-based PayPal, a financial technology company, announced on Monday, August 7, that it has introduced a regulated stablecoin that has the potential to revolutionise payments within web3 and digitally native ecosystems.
London-based fintech Orbital secures €5.8M in first institutional fundraise
London-based fintech company Orbital has secured £5m in an oversubscribed growth round led by Golden Record Ventures.
Stock exchange for music: MasterExchange raises €2.46M for its new music investment platform
Stockholm-based music startup MasterExchange has raised $2.7M in an initial funding round to launch its music investment platform.
PayU sells its Global Payments Organisation platform to Rapyd for €556M in cash deal
PayU, the fintech and e-payments business of Prosus, announced on Tuesday that it will sell its online payment platform, Global Payments Organisation (GPO), to Rapyd, a fintech service provider.
Bank of Spain authorises eToro as a virtual currency exchange service provider
eToro receives Bank of Spain approval for virtual asset services. The registration was completed on June 29 under code number D848.
IMC acquires Rotterdam’s Altas Technologies to revolutionise technology-driven future of trading
IMC announced its acquisition of Altas Technologies, a technology and data-driven trading firm in Rotterdam.
Seedrs seeking to get authorised under new EU regulation: Exclusive interview with MD Kristy Grant
Seedrs is in the process of getting an EU authorisation. The company plans to get “deeper” into the promising EU startup market.