Lloyds backs Sonovate securitisation increase to £240m
The increase builds upon a £165 million deal made with BNP Paribas and M&G Investments in July.
The increase builds upon a £165 million deal made with BNP Paribas and M&G Investments in July.
The ABN Amro Ventures (AAV) fund is comprised of 15 early-stage companies and has €150m in AUM.
Additionally, the company has also launched a “fully localised” solution catering to the European market.
Recharge plans to close two to three more acquisition deals in the next 12 months.
France-based Swan will be launching in the Netherlands and Italy.
Based in Signicat’s Rotterdam office, van der Bogaard will lead a team of more than 35 people.
The company had previously been operating in the UK under the FCA’s Temporary Permissions Regime.
LC Financial Holdings will help BCM Global expand its business and develop new services across Europe.
Alexander Zwart replaces Bart Leurs, who has served as chief innovation and technology officer since 2021.
With the stake, Auxmoney plans to build upon its “continuous organic growth” of recent years.
Zandona has served as Mambu’s interim CEO since June after Eugene Danilkis stepped down from the role.
SME Finance CEO says the agreement with EIF allows it to offer financing to businesses “on significantly better terms”.
The company attributed the performance to hiring costs and US competition.
David Robert Baxendale and Edward John Macnamara have been appointed as joint administrators.
Görkem Köseoğlu is to assume the position of chief technology officer from 1 September 2023.
The digital bank says it has now raised around €100m in funding over this year alone.
The funding will be used to lend to SMEs in the UK, Australia and Netherlands.
Binance failed to secure a virtual asset service provider (VASP) licence in the Netherlands.
A handy round-up of the recent funding endeavours of fintech companies across Europe.
OVpay, the open loop payments system, will now be accepted at all modes of public transport across the country.
Schneider replaces Ronen Morecki, who has left the company to join Monday.com as VP of payments.
The funding line will enable Factris “to support struggling business owners” with its financing services.
The banking charter from the FDIC would allow the neobank to offer its services across the country.
The partnership will see use cases developed for SME segments from various industries.
ABN Amro’s corporate customers can now better identify, manage, and enhance liquidity positions “on the go”.
Bunq reported a pre-tax profit of €2.3 million over Q4 2022.
Köppen was hired as Mollie’s CTO last year from Klarna.
Featuring Ascendant, Evergreen, Komunal, Kwara, Pilon, and Sprinque.
Patel joins from interbank cooperative Swift, where he was most recently head of securities.
He will take up his new role at the UK bank in June 2023 subject to regulatory approval.
PayU is aiming to provide merchants with more detailed customer insights to support business growth.
BNP Paribas’ solutions will be connected to ABN Amro via the BlackRock Aladdin platform.
Floryn claims it has provided more than €650 million in financing since inception.
The firm took the DNB to court earlier this year over the use of AI/ML technology for AML checks.
Buitenhek first joined the bank in 1988 and has been head of transactions services since 2014.
The acquisition deal was originally announced back in August 2021.
OPP founder and CEO between them own the remaining 60% of the company.
Bittner, who is currently CTO at Commerzbank, is set to fill the vacancy left by Christian Bornfeld.
The app will be tested by Dutch department store HEMA from mid-September in three of its stores.
ING says it evaluated all options and concluded it is “not feasible to achieve its ambitions with Yolt”.