Tag: Europe

European lending platform TP24 has received a mezzanine funding facility from Channel Capital Advisors.

Germany-based RegTech Hawk AI, which provides AML and fraud prevention technology to banks and payments companies, has secured $17m in its Series B.

Bricknode, a brokerage-as-a-service platform, has secured a SEK 2.5m ($2.3m) loan from its founder and co-CEO Stefan Willebrand, co-CEO Erik Hagelin and Chairman Robert Lempka.

Monex Europe, a corporate FX and hedging provider, has named Tim Philip as its new global operations director, subject to regulatory approval.

French banking customers prefer a ‘playful’ method to building their risk profile compared to traditional questionnaires, according to a field study by everyoneINVESTED.

J.P. Morgan has acquired a 48.5% stake in Viva Wallet, a cloud-based neobank, alongside a €100m cash injection.

Card payment network UnionPay has partnered with full-service payment provider epay to launch UnionPay’s QR code payment service in Europe.

Insiber, which is focused on helping SMEs with their cybersecurity risks, has reportedly collected €100,000 in funding.

Younited, which offers instant credit in Europe, has raised €60m in a fresh funding round, bringing its valuation to €1.1bn.

It is no secret the economic situation is in a bit of turmoil. People face a cost-of-living crisis and having just recovered from the impact of the pandemic, businesses are once again preparing for a tough market where survival is a priority. SME lending is their saviour.