The European Investment Fund (EIF) and Lithuania’s SME Finance have signed a guarantee agreement under the InvestEU programme to facilitate more than €40 million in new financing in the form of loans, leases and factoring for micro and small enterprises and small mid-caps in the Baltics, Finland and the Netherlands.

Lumera, a leading insurtech company dedicated to the digital transformation of the European life and pensions industry, has entered an agreement with Nordic life insurance and pension provider Nordea Liv to deliver a new solution for managing the company’s life and pension insurance portfolio in the Norwegian market. 

Working with Lumera, Nordea Liv Norway will establish a new cloud-based solution to enable more agile digital service development. Expected benefits include lower costs and reduced operational risk. 

The Chairman of the Board for PayFix and Board Member of TÖDEB, Erkan Kork, recently shared his insights on the advancements in Turkey's fintech sector and the future of the fintech industry.

Mambu, the leading cloud banking platform, has appointed Fernando Zandona as Chief Executive Officer (CEO). 

iDenfy, a fraud prevention startup specializing in identity verification and compliance solutions, announced a new partnership with Florida-based Beyond the Pines Productions, a full-service video production company offering video consulting and equipment rental services. iDenfy's comprehensive ID verification solution will be used for customer onboarding, as it has been seamlessly integrated into the automated rental checkout process.

Translucent, the accounting platform solving the financial management problems of multi-entity and multi-national businesses, has raised a £5M seed round co-led by Chalfen Ventures and LocalGlobe.

Today, investment platform Lightyear announces the launch of small business investment accounts for freelancers and sole directors in the UK. This launch comes alongside a brand new partnership with BlackRock to bring access to Money Market Funds for UK businesses without the high fees or minimum investments.

New business accounts mean freelancers can invest and earn interest on company money

Starting this Monday, Bitso —the leading financial services company powered by crypto in Latin America— has integrated the Tron network for USDT (Tether) transactions, which will enable faster operations and at a lower cost to Bitso clients in all the countries where it operates.

Snapping up rivals has always been a fundamental part of business when it comes to growth, but the banking sector might not be getting the most out of a crucial weapon when it comes to dealmaking.

Corserv, a company that empowers banks and fintechs with payment programs, has implemented a unique credit card program with Greenwich, CT-based Fieldpoint Private, to improve their clients’ banking and wealth management experience.