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Mondu, a fintech specializing in Buy Now, Pay Later (BNPL) services for corporate customers, secured a banking license, enhancing independence and reducing costs. The company plans...
Marathon Digital Holdings faces significant challenges due to the falling Bitcoin price, increased mining difficulty, and operational hurdles like rising energy costs and geopolitical uncertainties. Despite...
Trade Republic has struggled with customer inquiries since late 2023, prompting costly overtime and hinting at deeper operational issues. The decision to outsource customer service, rather...
The Baltic states have become fintech powerhouses with over 500 companies leveraging their lack of traditional banking infrastructure to leap directly into digital financial services. Key...
Revolut has secured a restricted UK banking license after a years-long wait, allowing it to prepare for full-service deployment over the next year. Despite exponential growth...
Mercury Bank will stop supporting fintech startups based in or founded by individuals from 14 African countries and six non-African nations, including Ukraine, due to increased...
French fintech saw robust M&A activity in H1 2024 with 29 transactions, 31% intra-sector. Risk management solutions raised €70 million, and asset management raised €29 million....
Solaris enables startups to use its banking license and offers banking services to established companies. Bafin found significant deficiencies in Solaris’ operations, including money laundering prevention,...
Enpal launched its fintech subsidiary, EFS, to offer solar loans with capped interest rates of 5.99% over 25 years, attracting 6,000 customers. Competing with startups like...
Lemon Markets secured €12 million to launch new products and expand in Europe. Having received a securities trading license from Bafin in January, the company offers...
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