Beat them or join them? Gjensidige’s digital banking unit acquired, Ingenico next
Nordea has announced today that it will be acquiring Norwegian insurer Gjensidige Forsikring‘s digital banking unit for EUR578 million cash, effectively adding 176k customers and EUR4,840 million of their assets onto their balance sheet. With the acquisition of Gjensidige digital platform, Nordea will also be distributing Gijensidige’s insurance products to its own 900,000 customers. The acquisition, Gjensidige […]
Week 22: Research in a Glance
World Wealth Report 2018 by Capgemini An annual report on global high net worth individuals, their changes in net worth as well as the distribution of wealth. Innovate.Collaborate.Elevate. Paynext 2018 by Deloitte The British Business Bank, the UK’s economic development bank, provides fresh insights into business angel investors in the UK. Whose customer are you? […]
UK unscathed; burgeoning fintech investments despite Brexit
Adding fuel to fire, the UK’s Department for International Trade (DIT) has launched a brand new fintech investment drive to attract capital into the country’s booming fintech sector – moments before revealing that it has already attracted 1.8 billion GBP and generated 7 billion GBP in revenue over the course of last year. This seems to […]
Enterprise Ireland and Luge Capital launch fintech funds
Amidst much anticipation and fanfare, Enterprise Ireland, the Irish government’s agency responsible for the development and growth of Irish enterprises in world market, has launched the state’s fintech and deeptech fund yesterday at the Future of FinTech conference. The fund will support ventures in a broad array of fintech niches such artificial intelligence, machine learning, augmented […]
Funding Circle replaces loan book, possible IPO
The UK-headquartered P2P business lender is replacing its loan book with an upgraded statistics page. This will transition the company to quarterly reporting, and the page will contain information regarding funded companies, returns, and lending volumes. Funding Circle says it is taking down its loan book because it is downloaded infrequently – less than 0.3% […]
Member Spotlight: Ugoo
At present, “the financial sector is a good example of an industry where IT is really taking over,” says Timo de Man, a consultant at Ugoo, “which is good for business.” Ugoo is a young Dutch organisation that helps companies, particularly those in IT and tech innovation, find the right subsidies at European, Netherlands, and […]
Member Spotlight: WealthInitiative
WealthInitiative develops a secured platform for wealth management institutions to match High Net Worth clients within their network. The platform aims to facilitate transactions within the fields of Art, Real Estate, and other high-value non-bankable assets. The WealthInitiative Marketplace Platform Nominated for most innovative fintech solution this year at the Wealthbriefing Swiss Award and for […]
BNP Paribas rolls out fintech investment fund
The fund will acquire minority positions in pioneering fintech and insurtech start-ups. It will also indirectly invest using VC funds that prioritise innovative technologies like AI, blockchain, cybersecurity, and data, mirroring the company’s business interests. The fund is managed by BNP Paribas Capital Partners. Additionally, the bank’s new fund is part of their Open Innovation […]
De Breed & Partners open their first international office in Antwerp
De Breed & Partners, the consultancy firm for innovation financing, has opened a new office in Antwerp. It is the company’s first international office, as it already has three offices in the Netherlands. The new office is conveniently located at De Keyserlei, opposite the Central Station of Antwerp. The logical next step In the Netherlands, […]
Identity & security investments 2017-2018
Identity and security solutions vary across the market, targeting both individuals and organisations. Investors are constantly on the lookout for secure products and services that meet regulatory requirements while allowing simple customer on-boarding. This article gives an overview of active stakeholders in 2017 and activity so far in 2018. To provide a better overview of […]