Tag #Fintech

Showing 217 to 223 of 223 results

kathimerini.gr

🌐 75% Global Worthiness

Nov 30, 14:58

Greek Banks Seek Investor for Teiresias Credit Agency

Greek banks are seeking a strategic investor for a minority stake (5-40%) in Teiresias, potentially including management, to modernize credit scoring and leverage new technologies, amidst the government's launch of a Private Debt Monitoring Registry.

Greek Banks Seek Investor for Teiresias Credit Agency

Greek banks are seeking a strategic investor for a minority stake (5-40%) in Teiresias, potentially including management, to modernize credit scoring and leverage new technologies, amidst the government's launch of a Private Debt Monitoring Registry.

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What is the immediate impact of Greek banks seeking a strategic investor for Teiresias?

Greek banks have initiated a process to find a strategic investor for a minority stake in credit reporting agency Teiresias, potentially including management. This aims to improve credit scoring mechanisms and the agency's operations using new technologies.

euronews.com

🌐 65% Global Worthiness

Nov 20, 16:08

Wero: New European Payment System Launches

The European mobile payment system Wero launches in Belgium, with plans to expand across Europe, aiming to challenge US payment giants.

Wero: New European Payment System Launches

The European mobile payment system Wero launches in Belgium, with plans to expand across Europe, aiming to challenge US payment giants.

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Decent Work and Economic Growth

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What is Wero, and what are its main features?

Wero, a new European mobile payment system, has launched in Belgium, Germany, and France, aiming to become a Pan-European payment solution.

welt.de

🌐 45% Global Worthiness

Nov 19, 16:12

N26 achieves profitability after lifting of growth restrictions

German neobank N26 overcomes growth restrictions imposed by Bafin and reports significant revenue growth and profitability.

N26 achieves profitability after lifting of growth restrictions

German neobank N26 overcomes growth restrictions imposed by Bafin and reports significant revenue growth and profitability.

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Decent Work and Economic Growth

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What are N26's plans for future growth and expansion?

Despite reaching profitability on a monthly basis, N26 anticipates a €20 million operating loss for 2024 due to losses incurred from early repayment of low-interest bonds to finance new investments. The company expects to have 4.8 million revenue-generating customers by the end of the year and plans to offer business accounts in 2025.

cincodias.elpais.com

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Nov 12, 10:13

Bunq Enters Spanish Investment Market

Dutch neobank Bunq launches low-cost investment service in Spain targeting young customers, challenging traditional banking models.

Bunq Enters Spanish Investment Market

Dutch neobank Bunq launches low-cost investment service in Spain targeting young customers, challenging traditional banking models.

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What are Bunq's future plans, and what challenges does it face?

Bunq's founder, Ali Niknam, plans to expand its product range to include loans, but faces challenges due to varying regulations across European countries. He advocates for unified regulations to allow for more competitive credit offerings across the eurozone.

euronews.com

🌐 65% Global Worthiness

Nov 21, 16:03

Digital Euro Progress and Challenges

This article discusses the European Central Bank's efforts to develop a digital euro, outlining the project's goals, challenges, and potential timeline.

Digital Euro Progress and Challenges

This article discusses the European Central Bank's efforts to develop a digital euro, outlining the project's goals, challenges, and potential timeline.

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Industry, Innovation, and Infrastructure

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What are the main goals and objectives behind the proposed digital euro?

Evelien Witlox, project director for the digital euro at the European Central Bank, is leading the effort to create a digital euro. The project aims to provide a pan-European digital payment solution to address the fragmentation of current systems and reduce reliance on non-European providers.

dailymail.co.uk

🌐 65% Global Worthiness

Nov 19, 04:03

Fintech Bankruptcy Freezes Millions in Savings

The bankruptcy of Synapse, a financial technology company, has frozen millions of dollars in savings accounts for Yotta customers, resulting in a lawsuit and highlighting risks in the fintech industry.

Fintech Bankruptcy Freezes Millions in Savings

The bankruptcy of Synapse, a financial technology company, has frozen millions of dollars in savings accounts for Yotta customers, resulting in a lawsuit and highlighting risks in the fintech industry.

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No Poverty

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What caused the freezing of funds for Yotta customers?

Yotta, a fintech company offering savings accounts with lottery features, experienced a significant financial setback when its partner, Synapse, declared bankruptcy. This resulted in frozen accounts for Yotta users, preventing access to over \$100 million in funds.

theglobeandmail.com

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Nov 13, 22:05

Klarna's US IPO Filing

Klarna, a Swedish BNPL firm, files for a US IPO, marking a significant event for the European tech scene.

Klarna's US IPO Filing

Klarna, a Swedish BNPL firm, files for a US IPO, marking a significant event for the European tech scene.

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What is Klarna's current plan?

Klarna, a buy now, pay later (BNPL) company, is going public for a second time, filing paperwork with the SEC for an initial public offering (IPO). This will be one of the largest European company IPOs next year, potentially surpassing all but Revolut.

Showing 217 to 223 of 223 results