MortgageGym, a London-based mortgage robo-adviser, has raised a £2 million seed round from Trifecta Capital, China Pacific Capital, and Gaby Salem of Wharton Asset Management. The property tech (or proptech) service, which is regulated by the Financial Conduct Authority (FCA), gives buyers access to free online mortgage application advice and eligibility matching. It plans to […]
Financial services giant BNP Paribas is hosting its next mixer event in Paris on May 30, tackling the challenge of regulation.
The growth of alternative lending options in Europe, such as peer-to-peer (P2P) lending, will require new regulation and oversight, according to a report. The Alternative Lending Index (ALI) report, authored by P2P lending platform TWINO with KPMG, examined the lending landscape in Europe between 2010 and 2016. The report pulled data from the European Central […]
Kompany, a regulation tech startup, has secured a “seven-digit investment” led by Hermann Hauser Investment’s I.E.C.T. Capital Partners and Floor13. Kompany, based in Vienna, provides real-time access to commercial registry data globally such as company filings, to assist companies, mostly in the finance sector, in staying in line with regulations like Know Your Customer (KYC) […]
German fintech startup Kreditech has received an investment of €110 million from the payment services provider PayU, which is owned by the Internet and media group Naspers. This brings the total raised by the company to €242 million. The valuation of the company has not been disclosed but it is estimated to be between €300-€500 million.
UK fintech company Huddlestock has acquired the intellectual property of Norway’s Islero, an investment analysis platform. Islero, based in Trondheim, is described as a Spotify for investment analysis, providing a subscription service for investors. “We have built a marketplace where investment analysts can share their ideas, and get compensated for it, while users can easily […]
German startup Fastbill has raised a seven-digit investment from FinLab and Coparion. The company offers cloud-based financial management solutions for small businesses and the self-employed.