Posts Tagged ‘EU’

Augmentum Fintech makes new investments totalling GBP7m

UK-listed fintech venture capital investor Augmentum Fintech has invested a GBP3 million convertible note as part of a GBP8 million funding round alongside existing investors, in Tide, an SME challenger bank. Augmentum has also invested GBP2 million in Previse as part of a GBP5.3 million Series A financing. Previse uses machine learning to give multinational companies […]

Cryptocurrency CFDs Limit Comes Into Force in EU

Cryptocurrency contracts for difference (CFDs) limit 2:1 was enforced on August 1 in the EU. The measure will continue at least three months with possible renewal in November. European Securities and Market Authority (ESMA) introduced the crypto restriction as part of wider intervention measures to CFDs and binary options (BOs) for retail investors, including different limits […]

European Parliament: Cryptocurrency Could Replace Fiat Currency

An in-depth analysis of the fintech sector by the European Parliament Committee on Economic and Monetary Affairs revealed a highly nuanced EU Parliament position on cryptocurrencies, with the committee stating the possibility for crypto to function as an alternative to fiat currency in a variety of different applications. The EU Parliament highlights distributed ledger technology as […]

PIMFA FinTech Conference 2018

PIMFA FinTech Conference 2018 is a one-day event, giving attendees the platform to explore the advantages and potential risks of bringing together technology and the investment management and financial advice industry. Industry experts will discuss the latest trends alongside demonstrations by FinTech start-ups, winners of the international FinTech competition 2018, which took place earlier this year. When: […]

FinTech startup TrueLayer gets $7.5m to fuel European expansion

Financial API provider TrueLayer has secured $7.5m (£5.77m) to take its company across Europe, starting with Germany and France. The multi-million Series A funding round was led by venture capital fund Northzone, which has previously invested in Spotify, Klarna, Zopa and iZettle. Existing investors Connect and Anthemis also contributed. Using TrueLayer, businesses can verify identity and […]

EU watchdog says some banks too plodding to win fintech race

The European Banking Authority (EBA) looked at the risks and opportunities from fintech and its impact on the business models of long established lenders. Risks to banking profitability depend on how well banks adapt to what customers want, and whether they are weighed down by books of souring loans or hindered by old technology, the EBA […]

Oracle decides on Brussels for European fintech innovation centre

US software giant Oracle will centre its European fintech programme in Brussels as European centres become increasingly attractive to fintech investments post-Brexit. Oracle chose the Belgian capital to host its Fintech Innovation Programme due to its proximity to European financial institutions and to the European Commission (EC). It will now dedicate more European staff and resources to […]

Decentralized 2018: Athens, Greece Blockchain Conference Nov 14-16 Event Details

Owing to the fact that the Decentralized 2017 was a massive success as Europe’s first ever Blockchain conference that focused on the implications of blockchain technology, the University of Nicosia has organized a similar conference scheduled to take place on 14-16 November 2018 in Divani Caravel, Athens, Greece. Decentralized 2018 Conference features overs 1200 attendees […]

London Fintech Week 2018 announces the FCA, Royal Bank of Scotland, Bank of America and IBM as event headliners

London Fintech Week 2018, sponsored by Census.xyz, returns for its fifth year and will bring together between 3,000-5,000 leading fintech thinkers throughout the week from around the globe to engage in one of the world’s leading financial services ecosystems. The conference will feature 40 international companies exhibiting over the course of the week, with each day […]

Southeast Europe – Fintech and Innovations, 2018

Key findings: Slovenia and Croatia ranked highest in ICT development in Southeast Europe (SEE) in 2017, data from International Telecommunication Union’s study Measuring the Information Society Report shows. Bulgaria is the second most innovative upper-middle income country in the world, the most innovation efficient country and the top innovation achiever in SEE together with Moldova, […]