UK Fintech Sector Dominates Europe with 65% Share of All Deals Done in First Half of 2024 - New Annual Report
- 1 month 2 weeks ago
- Infrastructure
The UK has increased its dominant role in Europe’s fintech sector, accounting for two-thirds of the total volume of deals reached across the continent in the first half of this year, according to a new annual report analysing the sector, with investment and M&A anticipated to grow this year and into 2025.
Aryza Group Expands Insolvency Expertise with Acquisition of NTI
- 1 month 2 weeks ago
- Infrastructure
Aryza Group, a leading provider of financial software solutions, has strengthened its presence in the insolvency sector with the acquisition of NTI, the UK’s largest bespoke training provider for restructuring, insolvency, and debt management solutions.
Chatham Financial Acquires Tech Startup Verumex, Advancing CRE Data Management for the Industry
- 1 month 2 weeks ago
- Infrastructure
Chatham Financial, a global leader in financial risk management technology and advisory, announced its acquisition of Verumex (VmX), a comprehensive global data platform serving the complex needs of the commercial real estate (CRE) industry. The combined firm will enable CRE investors and asset managers to resolve common challenges associated with poor CRE data quality, improving day-to-day efficiency, and increasing decision-making confidence... more
HSBC Launches New Embedded Finance Venture
- 1 month 2 weeks ago
- Infrastructure
HSBC has launched its new jointly owned venture, SemFi by HSBC, which aims to deliver Seamless Embedded Finance solutions to business clients. The new technology company is a joint venture between HSBC and B2B global trade network Tradeshift. SemFi will embed HSBC payment, trade and financing solutions across a range of e-commerce and marketplace venues, including Tradeshift’s own B2B network.
WealthKernel Expands into Europe with a Spanish Licence
- 1 month 2 weeks ago
- Infrastructure
WealthKernel, the leading digital investing infrastructure provider, today announces its expansion into the European market with a license from the Spanish National Securities Market Commission or CNMV (Comisión Nacional del Mercado de Valores). This makes WealthKernel one of the only API-first investment infrastructure providers dual-regulated in the UK and EU.
Euronext Securities Expands Its Services Offering with the Acquisition of Acupay
- 1 month 2 weeks ago
- Infrastructure
Euronext, the leading pan-European market infrastructure, today announces that it has acquired substantially all the business of Acupay Group[1], global leader in financial reporting, corporate actions, cross-border tax relief, and securities processing.
ekko Leads the Charge in Sustainable Finance with Ambitious Mission to Deliver $1 Billion to Environmental Projects Globally
- 1 month 2 weeks ago
- Infrastructure
Following the closure of its $2.5 million funding round, ekko is setting its sights on a bold mission to contribute $1 billion to environmental projects through a renewed focus on partnering with financial institutions. Through this initiative, ekko aims to bring sustainability to the forefront of the finance industry, creating tangible, large-scale impact.
Moneyboxx Finance Expands Branch Network to 141 by Entering South India
- 1 month 3 weeks ago
- Infrastructure
Moneyboxx Finance Limited (Moneyboxx), a BSE-listed Non-Banking Finance Company that focuses on impact financing by providing business loans to micro entrepreneurs in Tier-III & below places, announced the opening of 28 branches in September 2024, of which 18 branches were opened in the states of Andhra Pradesh, Karnataka, Tamil Nadu, and Telangana. With the addition of these branches to its branch network, Moneyboxx has commenced operations... more
Exness Scores Big with LALIGA: Landmark Event Marks Latin American Partnership
- 1 month 3 weeks ago
- Infrastructure
Exness, a global leader in multi-asset brokerage, showcased its role as LALIGA's Official Regional Partner in Latin America with a spectacular event this weekend. The celebration drew hundreds of enthusiastic football and trading fans, highlighting the powerful fusion of sports and finance. This landmark gathering underlined Exness's commitment to engaging with Latin American audiences through the universal language of football.
Ebury and Kompasbank Bring the World Closer to Danish SMEs
- 1 month 3 weeks ago
- Infrastructure
Ebury, global financial services provider and one of Europe's leading fintechs, is partnering with kompasbank. The Danish digital bank helps SMEs release their full potential through easy and fast access to credit and business banking solutions.
Stripe Expands in Toronto to Accelerate Canadian Business Growth
- 1 month 3 weeks ago
- Infrastructure
Stripe, a financial infrastructure platform for businesses, today opened its new flagship office in Toronto. The expansion reflects Toronto’s growth as the fourth-largest market for tech talent in North America and reinforces Stripe’s commitment to Canada.
OnDeck: Main Street Optimism Remains High as Digital Financing and Payment Solutions Expand
- 1 month 3 weeks ago
- Infrastructure
Small businesses are overwhelmingly optimistic about their future growth, according to the latest Small Business Cash Flow Trend Report from OnDeck, the leading small business lending company at Enova and Ocrolus, the document AI and cash flow analytics platform for lenders. Key findings include:
Solaris Discontinues Major Parts of EMI Business (Formerly Known as Contis)
- 1 month 3 weeks ago
- Infrastructure
Solaris, Europe’s leading embedded finance platform has taken the difficult decision to discontinue major parts of its Electronic Money Institution business (formerly known as Contis).
eToro Expands Long-Term Savings Offer with Acquisition of Spaceship in Deal Worth Up to $80 Million AUD
- 1 month 3 weeks ago
- Infrastructure
eToro, the trading and investing platform, has entered into an agreement to acquire the Australian investing app Spaceship in a deal worth up to $80 million AUD. The acquisition will strengthen eToro’s footprint in a key market for the business, while also broadening its product offering as the company expands its long-term savings proposition globally.
Galileo Launches Secured Credit with Dynamic Funding
- 1 month 3 weeks ago
- Infrastructure
Galileo Financial Technologies, a leading financial technology company owned by SoFi Technologies, Inc., announced the launch of Secured Credit with Dynamic Funding. Built to help fintechs, banks and other businesses address the needs of underbanked and underserved customers, Galileo Secured Credit with Dynamic Funding simplifies the secured credit process, making it easier for consumers to manage their debit and credit accounts. This... more
