Tag "Europe"

Zurich Emerges as Data Center Hotspot in Europe
Cloud

Zurich Emerges as Data Center Hotspot in Europe

Zurich is emerging as a hotpot for data center development in Europe. The city is on track to becoming one of Europe’s top ten largest data center markets within the next five to ten years, according to a new study

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European Proptech Landscape: Who is Leading Proptech Funding?
Proptech

European Proptech Landscape: Who is Leading Proptech Funding?

The UK is the European leader in proptech funding with US$821 million raised so far and is home to the region’s largest proptech sector with 771 companies, according to a new report by German proptech investment fund Proptech1 Ventures. The

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14 Hottest Digital-First Challenger Banks by Country in Europe
Virtual Banking

14 Hottest Digital-First Challenger Banks by Country in Europe

Europe has been the bright spot for challenger banks and neobanks over the past decade. Since 2011, European neobanks’ customer base has grown by more than 15 million, according to a research by AT Kearney. It’s projected that by 2023,

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European Fintech Investment Surpassed Asia
Various

European Fintech Investment Surpassed Asia

Fintech is Europe’s largest venture capital (VC) investment category, receiving 20% of all VC investment in the region between 2017 and 2019 year-to-date (YTD), surpassing enterprise software (17%), health (13%) and transportation (8%), according to the State of European Fintech

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European Challenger Banks Struggle to Turn a Profit: Research
Personal Finance Mgt (PFM)

European Challenger Banks Struggle to Turn a Profit: Research

Though challenger banks have attracted a collective customer base of over 200 million customers, many of them are still not profitable, according to a new research by Amsterdam-based Fintech Consultancy Group (Fincog) which analyzed over 150 challenger banks worldwide. Fincog,

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SME Digital Banking Startups See Rapid Growth in Europe
Various

SME Digital Banking Startups See Rapid Growth in Europe

The European Union (EU) is home to 24 million small and medium-sized enterprises (SMEs), representing about 99.8% of all companies and employing 93 million people that account for two-thirds of total employment. Although SMEs make up a large part of

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New European Alliance Formed To Enable Mobile Payment Systems Interoperability
Mobile Payments

New European Alliance Formed To Enable Mobile Payment Systems Interoperability

Seven independent mobile payment systems in Europe have teamed up to form the European Mobile Payment Systems Association (EMPSA), an organization headquartered in Zurich tasked to create a European network of the seven mobile payment solutions. Members of EMPSA include

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N26 Launches In Switzerland But Without CHF Support
Personal Finance Mgt (PFM)

N26 Launches In Switzerland But Without CHF Support

N26 is officially live in Switzerland. The Germany-native digital bank launched its services in Switzerland on September 3, 2019, offering Swiss customers a choice of two memberships: a free standard bank account and a free business bank account. Over 20,000

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Top 10 Most Valuable Fintechs Across North America and Europe
Top Picks USA

Top 10 Most Valuable Fintechs Across North America and Europe

PitchBook, a software-as-a-service company that delivers data, research and technology covering the private capital markets, has released its list of the ten most valuable fintech startups in North America and Europe. These tackle a broad range of areas including cryptocurrencies,

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Europe’s Largest IEO Comes from Austria, €43.6M Raised
Austria Blockchain/Bitcoin

Europe’s Largest IEO Comes from Austria, €43.6M Raised

Bitpanda, a Vienna-based crypto startup, has launched a new digital asset exchange, called Bitpanda Global Exchange  after raising EUR 43.6 million in the largest initial exchange offering (IEO) in Europe. On August 6, Bitpanda sold out its IEO for the

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