Posts Tagged ‘EU’

Early stage technology investment in Europe increases four-fold in three years

Investment in Early Stage Technology in Europe has increased from  €875 million in the first half of 2015 to €3.6 billion in the first half of 2018, finds a new report. The report, A Deep Dive into European Early-Stage Tech Startup Activity, produced by Stripe, Techstars and research specialists, found that Fintech startups such as Monzo […]

2nd Fintech Banking Summit at the BMC

Following last year’s professional and media success, the Fintech Banking Summit conference will again be organized this year by Elektromédia Kft. on November 22 at the Budapest Music Center (BMC). The aim of the event is to outline the latest fintech trends and gather together key players in the industry, connecting potential clients, partners, mentors and […]

Fintech development and regulation highly variable across Europe: report

The greatest regulatory obstacles blocking fintech development across the EU are prudential rules, AML regulations and data protection procedures, according to new research by FECIF, the pan-European trade association for Financial Advisers and Intermediaries. In this third survey, under the FECIF Expertise Initiative, a total of 11 national associations participated, covering nine core EU countries with […]

Goldman-backed fintech startup Marqeta launches in Europe

Marqeta, a U.S. financial technology startup that helps young companies including digital-only banks issue payment cards, has expanded into Europe. The company will service the region from London, where it has hired at team of five and signed up new clients. Founded in 2010, Marqeta has raised a total of $116 million in venture capital, most recently […]

Nordic Fintech Report

Five Nordic countries: Denmark, Finland, Iceland, Norway and Sweden partnered to provide insight on the investment landscape, regulatory environment and opportunities and challenges in fintech they are faced with in their region. Read more Download the report

World business trends at the INSIDE TRENDS conference

During the INSIDE TRENDS conference held on the 18th and 19th of October 2018 in the Warsaw’s Koneser Praskie Center the world most interesting current trends will be discussed by experts from all around the world. INSIDE TRENDS aims to be one of the most important events discussing business trends in the Central and Eastern […]

The fintech ‘genius’ accused in $165m fraud

Shortly after the UK voted to leave the EU in 2016, WB21, which claimed to be a fintech company, announced it was upping sticks from London to Berlin. Its chief executive, Michael Gastauer, declared that the legal uncertainty of Brexit had driven his business to Germany. Last Wednesday, the US SEC unveiled a civil lawsuit […]

BBVA unveils match-making platform for fintech startups

Banco Bilbao Vizcaya Argentaria (BBVA) has launched a match-making platform that helps fintech startups get in touch with business units at the Spanish bank that might benefit from their products and services. The Open Marketplace already has 150 members, which can use a search tool, a directory of profiles and a smart match-making system to connect […]

Modern Investing in the digital age – An ETF & fintech revolution in Paris

TrackInsight, the global ETF data, analytics and selection platform has announcd the first edition of the TrackInsight European Summit that will take place on November 6th & 7th at Hotel Salomon de Rothschild in Paris. TES2018 will bring together over 250 European investment professionals ranging from asset managers, private banks, family offices, corporates, pension funds and […]

Fintech start-up TransferWise reports second year of profit, revenue almost doubles

TransferWise, one of Europe’s largest fintech start-ups, reported an annual post-tax net profit of £6.2 million ($8 million) for the fiscal year ending March 2018. Annual revenue nearly doubled to £117 million during the period, from £66 million the previous year. Operating profit came in at £9.5 million following a loss of £519,000 last year. TransferWise […]