BNPL Startup HeidiPay Gets Funding From Mediobanca’s Credit Arm Compass
Swiss BNPL startup HeidiPay has closed a new funding round led by Italian banking group Mediobanca’s consumer credit arm Compass. The amount, which comprised equity and debt financing, was not disclosed. The funding builds on the companies’ existing partnership in
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Apple Card Partners With Goldman Sachs to Offer Savings Account Feature
Apple has partnered with Goldman Sachs to provide Apple Card users with a savings account where they will be able to automatically deposit their Daily Cash cashback rewards. Apple Card users will be able to set up, manage and monitor
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BNP Paribas to Acquire Currency Risk Management Company Kantox
French banking group BNP Paribas announced plans to acquire UK currency risk management company Kantox, building on the companies’ existing partnership which started in 2019. Kantox’s software solution helps companies automate their entire foreign exchange workflow, including risk analysis and
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Marketplace Lending Volume in Switzerland Rose 20% in 2021
After timid growth in 2020, marketplace lending in Switzerland witnessed a strong upturn last year, with total volume rising 20% between 2020 and 2021. That uptick was driven mostly by improved crowdlending loan volumes, notably in real estate and small
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LPB Bank: The Fintech Industry in Latvia Has Great Potential but Requires Decisive Action
The Fintech industry in Latvia has enormous opportunities lying ahead – this was one of the insights at a recent forum held by the Financial and Capital Markets Commission (FCMC) and the Investment and Development Agency of Latvia (LIAA), with
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SDX Web3 Goes Live With Its Institutional Custody Service for Crypto Assets
SDX Web3, the newly launched business unit from SIX Digital Exchange, is now live with its institutional custody service for crypto assets. The SDX Web3 Custody service includes key storage, transfer execution and monitoring with banking-grade compliance standards, automated reporting
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Crypto.com to Invest €150 Million to Establish Paris as Its European Headquarters
Crypto.com announced plans to invest €150 million in France to support the establishment of its market operations and regional headquarters in Paris. The announcement comes shortly after the cryptocurrency platform was cleared to operate in France as a Digital Asset
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The Future of Insurance Europe 2022 Takes Off Next Week in Amsterdam, Physically
Reuters Events will be hosting their event The Future of Insurance Europe 2022 in Amsterdam from 18th-19th October 2022. The fully-in person event will connect more than 40 Insurance professionals and 350+ industry representatives to investigate how the sector can
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EU Passes Uniform Legal Framework for Crypto-Assets Across the Bloc
The European Union’s (EU) Economic and Monetary Affairs Committee voted 28 to 1 in favour of the Markets in Crypto Assets regulation (MiCA), a uniform legal framework for crypto-assets in the EU. Under the MiCA, entities issuing and trading crypto-assets
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Alpian Launches Its Private Banking App for the Mass Affluent
Digital private bank Alpian has launched its mobile-first digital service which combines everyday and private banking services for the mass affluent client segment. The service aims to differentiate itself by providing clients access to personalised wealth services that are conventionally
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