Tag "Europe"
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
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
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
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
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
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
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
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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Regtech in Europe: Regtech 3.0 Solutions and more
Regtech, a term that refers to the use of technology such as advanced analytics, robotic process automation, cognitive computing and cloud computing, to help financial services firms get better at dealing with regulation, is one of the fastest-growing segments of
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EU Report Looks Into Innovation Hubs And Regulatory Sandboxes
In recent years, governments in the European Union (EU) have launched numerous initiatives to facilitate financial innovation, including establishing so-called “innovation facilitators.” These typically take the form of innovation hubs and regulatory sandboxes. As of January 2019, 21 EU Member
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