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Liberis bags $112m in debt financing to fuel expansion in North America and Europe

Funding Boost: UK-based Liberis secures $112 million in debt financing from HSBC Innovation Banking and BCI Capital. Expansion Plans: Liberis aims to expand its embedded...

Germany’s Scalable Capital secures $65m in Series E extension

Banking License Secured:Trade Republic has obtained a full EU banking license from the European Central Bank (ECB).Expanded Services:The Berlin-based platform,...

Contis hit with €840,000 fine by Bank of Lithuania

Contis, part of German BaaS fintech Solaris, fined €840,000 by the Bank of Lithuania. Delegated anti-money laundering (AML) measures to distributors without proper...

Commerzbank becomes first German bank to receive crypto custody licence

Commerzbank granted first crypto custody license among German full-service banks Aims to develop a range of digital asset services, with a focus on...

German insurtech Wefox secures $55m debt financing from Deutsche Bank and UniCredit

Berlin-based insurtech Wefox secures $55 million in debt financing. Deutsche Bank and UniCredit are the key financiers. The financing is structured as a...

European Payments Initiative completes acquisitions of iDEAL and Payconiq International

The European Payments Initiative (EPI) has acquired iDEAL, an online payment solution by Dutch payments processor Currence, and Payconiq International (PQI), a Luxembourg-based...

German funds servicer Universal Investment names Francesca McDonagh as group CEO

Universal Investment Group names Francesca McDonagh as new group CEO, effective from January 1, 2024. Francesca McDonagh previously served as the group CEO...

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