Greece’s four largest banks are likely to improve their profitability this year on the back of continued balance sheet strength, said S&P Global Ratings in a report, “Greek Banking Sector 2022: Focus Turns To Profitability,” that was published today. The lenders, Piraeus, Alpha Bank, National Bank of Greece (NBG), and Eurobank, are expected to build […]
Fiduciam, the institutionally funded lender to SMEs, provided £19.4 million of funding for student accommodation across Europe in the last month. The two schemes will offer a total of 701 new or recently refurbished student rooms in the United Kingdom and the Netherlands. The average interest rate is 0.60% per month and the Loan to […]
Icelandic technology provider Dohop has raised an undisclosed growth equity round from Scottish Equity Partners (SEP). This investment will enable Dohop to further accelerate growth and develop its innovative virtual interlining offering, allowing airlines and scheduled transport providers to sell complex itineraries without the need for codesharing or traditional interline agreements. Since SEP’s initial investment […]
It’s a first in the history of Catalan community: first collective purchase of gold. Within a couple of weeks of the launch of “preciosos”, community fintech 11Onze has made the first collective purchase of gold for its community. Given the increasing inflation and unpredictable markets, Catalan community has decided to invest in the precious metal […]
Economic activity in Emerging Asia will continue to recover in 2022, but important uncertainty and risks remain. Policy makers in the region need to broaden financing options, further deepening capital markets and instruments, to ensure a sustainable recovery, according to the Economic Outlook for Southeast Asia, China and India 2022: Financing Sustainable Recovery from Covid-19 […]
Temenos (SIX: TEMN), the banking software company, today announced that Rakuten Europe Bank – part of the Rakuten group, a unique ecosystem of 70+ businesses and over 1.6 billion members worldwide – has signed with Temenos to deliver banking services including Rakuten Pay on the Temenos Banking Cloud. Powered by Temenos open platform, Rakuten Europe […]
Following the whirlwind that the global markets have gone through over the last two to three years, people are wanting to meet up and find out what has changed and where do we go from here. With the crisis, it was confirmed that Factoring is the one of the best methods when it comes to […]
Bazaar, Pakistan’s leading B2B e-commerce and fintech platform has raised $70m in a Series B financing led by Dragoneer Investment Group and Tiger Global Management. Through its expanding footprint of digital products and last-mile infrastructure, Bazaar provides procurement, fulfilment, operating software, digital lending, and supply chain products to merchants and suppliers in Pakistan. This investment, […]
After closing a seed round of $3m led by Kindred Ventures, fintech Noh is preparing to enter one of the hottest untapped markets in Brazil: multi-player or shared finances. Brazil is one of the world’s top nations for making joint purchases. Noh promises to automate the division of expenses, taking away the stress of chasing […]
1400 traders, 82% of whom reported that they traded with Russia, attended today’s free webinar organised by the Institute of Export & International Trade (IOE&IT) on “How to comply with trade sanctions against Russia”. IOE&IT trade specialist, Ray Burgin, set out eight practical steps that companies could take to make sure that they were trading […]
