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European Banks Move Towards Open Finance
Across Europe, banks are moving beyond open banking and PSD2 requirements, steadily transitioning towards open finance, a new report by open banking startup Salt Edge says. The paper, titled State of open banking payments in Europe in 2021, draws on
Read More8 Fast-Growing Fintech Startups from Berlin to Watch
Boasting one of the densest network of startups, deepest pools of experienced talent and some of the world’s most sophisticated investors, Berlin is a major tech powerhouse and one of the world’s largest fintech hubs in the world. The city
Read MoreVirtual Debit/Credit Cards Take Off Amid Rising Theft, Digital Shift
Around the world, virtual debit and credit cards are on the rise, a trend brought about by COVID-19. In Switzerland, neobanks, incumbents and card issuers are waking up to the shift, launching new products to address evolving customer demand and
Read MoreMoney20/20 Europe 2021: Line-up, Key Topics and More
Money20/20 Europe, one of the biggest annual fintech events in the region, is coming back from September 21 to 23, 2021, in the Netherlands, and will bring together some of the fintech industry’s brightest minds to explore where the future
Read MoreAustrian Unicorn Bitpanda Bags US$263 Million, Now Valued at US$4.1 Billion
Austrian digital investment platform Bitpanda has raised US$263 million in funding at a US$4.1 billion valuation 4 months after gaining unicorn status. The Series C funding round was led by Valar Ventures, with the participation of Alan Howard and REDO
Read MoreThe 10 Most-Well Funded European Fintech Companies of 2021
2021 has been a record year for fintech funding globally. In Europe, total fintech funding broke the record for annual investment, reaching EUR 10.4 billion in just June 2021 and surpassing the previous record of EUR 9.3 billion raised across
Read MoreNubank Bags US$ 750 Million in Two Series G Extensions, Now Valued at US$30 Billion
Brazilian challenger bank Nubank announced that it has raised a total of US$ 750 million during two extensions of its Series G funding round, raising the round to US$1.15 billion. During the first extension, the challenger bank secured US$500 million
Read MoreDigital Banking: Release a New Feature in the Swiss Market in Half the Time
The Swiss banking market is among the most traditional in Europe. With a number of native traditional, private banks and a few European challengers attempting to penetrate the market, it stands to say that the digital banking landscape is evolving
Read MoreFintech DACH Trends: Funding Bounces Back in 2020
Despite an initial fall in transaction value and volume in the first half of 2020, fintech funding in Germany, Austria and Switzerland, or the DACH region, rebounded significantly in the second half of the year with EUR 2.2 billion raised
Read MoreSwedish Fintech Tink Acquires German Open Banking Counterpart FinTecSystems
Sweden’s open banking platform Tink continues its expansion across Europe with the acquisition of FinTecSystems, a German open banking infrastructure fintech, powering over 150 banks and fintechs in Germany, Austria and Switzerland. The acquisition of FinTecSystems is conditional upon approval
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