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Apple partners Santander’s Zinia for BNPL financing services in Germany

Apple Partners with Santander’s Zinia for Payment Solutions in Germany Key Highlights:Partnership Details:Apple collaborates with Santander’s digital consumer finance platform, Zinia. New payment...

Climate fintech start-up Cloover secures $114m in seed funding round

Company: Cloover, a Berlin-based climate fintech. Funding: Raised $114 million in seed funding (combination of debt and equity). Investors:Led by Lowercarbon Capital. ...

N26 fined €9.2m by BaFin over late submission of suspected money laundering reports in 2022

N26 Fined and Regulatory Updates: Fine Imposed:Amount: €9.2 million Reason: Systematic late submission of suspected money laundering reports in 2022 Regulator: Federal Financial Supervisory...

ABN Amro acquires Germany’s Hauck Aufhäuser Lampe in €672m deal

Acquisition Details:Price: €672 million Seller: Fosun International Buyer: ABN Amro, one of the Netherlands’ largest banksStrategic Goals and Impact:Combination with...

FE fundinfo snaps up wealth management fintech Dericon

Acquisition Details:Acquirer: FE fundinfo, a UK-based financial data firm. Target: Dericon, a wealth management fintech based in Frankfurt, Germany. Acquisition Amount: Undisclosed....

Iwoca lands £270m debt funding package from Citibank and Barclays

UK-based SME lender Iwoca has secured a debt funding package totaling £270 million to address the increasing demand for finance from small businesses. ...

GFT Technologies promotes Marco Santos to group CEO

Promotion of Marco Santos to Group CEO:Marco Santos, who has been with GFT Technologies since 2011, has been promoted to the role...

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