Tag "Europe"

European Banks Invest in Fintech Startups, Embrace New Tech Amid Rising Threat from Digital Challengers

In Europe, incumbent banks are responding to rising competition from platform players, neobanks and payment providers by launching their own digital-only subsidiaries, investing in technology and providing banking-as-a-service (BaaS) offerings. These strategies are arising as banks are perceiving considerable threat

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Top 20 Fintech Events to Attend in Europe in H1 2024

The European fintech industry witnessed a considerable pullback in 2023, with fintech investment declining by a significant 70% year-on-year in the first half of 2023 to reach a mere EUR 4.6 billion, according to a report by Finch Capital. This

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EU Moves Closer to Instant Payment Ubiquity

Europe is undergoing a profound transformation in its instant payment landscape as the bloc strives to become a leader in payment innovation. Recognizing the need for enhanced adoption of real-time payments, regulatory bodies are driving the push for better instant

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Fintech M&A Activities Remains High in Europe

In Europe, mergers and acquisitions (M&A) activity in the fintech sector remains vigorous as traditional financial institutions and established fintech companies are capitalizing on the venture funding slowdown and the global markets turmoil to snap up young startups to fuel

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Top 28 Upcoming Fintech Events Taking Place in Europe in Q4 2023

Europe has rapidly evolved into a powerhouse of fintech innovation and growth, driven by regulatory support, consumer demand, and technological advancements. In recent years, key European cities including London, Berlin and Stockholm have emerged as global fintech hubs, drawing billions

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Fintech Funding in Europe Stumbles 70% YoY

European fintech companies secured only EUR 4.6 billion in funding in H1 2023, down by a staggering 70% from the EUR 15.8 billion raised during the same period last year, a new report by European growth investor Finch Capital shows.

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European Merchants Tap Latin America E-Commerce Opportunity

Latin America (LatAm), one of the fastest-growing e-commerce markets globally, has become a preferred destination for European companies looking to expand globally, an appeal that’s owed to the region’s booming smartphone penetration, rapidly digitizing population and improving payment infrastructure, a

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Banking-as-a-Service Momentum to Carry on this Year in Europe

Banking-as-a-service (BaaS) has been on the rise in Europe in recent years, driven by favorable new regulations, the region’s thriving fintech ecosystem, increased collaboration between banks and fintech companies, and changing customer expectations. Moving forward, BaaS will carry on its

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Europe’s Top 10 Neobanks Serve a Combined 64M Customers

Changing customer behavior, technological advancements and an evolving regulatory landscape are fueling the rise of digital banking. So-called neobanks or challenger bank are rapidly capturing the market and are now serving a combined customer base of 1 billion people. The

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IFZ Insurtech Study: European Insurtech Industry Increased 20% This Year

Over the past year, Europe’s insurtech industry has seen the addition of more than 100 companies, bringing the total number of insurtech firms in the continent to 598, a new report by the Swiss Institute of Financial Services Zug IFZ

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