BBVA launches an open API marketplace for developers and startups

Spanish bank BBVA has launched an open banking platform by making its APIs publicly available. The BBVA API Market will release eight of the bank’s APIs to companies, startups, and developers to access and integrate customer data into their services, such as customer acquisition and loan origination. The open banking platform will comply with the […]

Mortgage robo-adviser MortgageGym raises £2 million, launching this summer

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 […]

As alternative lending platforms grow, regulation will be needed says new report

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 […]

ARM co-founder Hermann Hauser makes significant investment in Austria’s Kompany

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) […]