Skip to content

Tag: European

The coronavirus crisis takes its toll on fintech companies: funding rounds drop to their lowest level in 3 years

The uncertainty generated by the COVID-19 crisis is evident in the economy and in the movements of investors. In a scenario where nobody knows exactly what is going to happen, money moves wisely. This has been noticed in the rounds of financing of fintech, one of the most attractive sectors…

Leave a Comment

Ireland turns its ‘startups’ into the EU against Brexit (which does not arrive)

The old tobacco factory in Mullingar smoked Ireland and part of Europe for half a century. Owned by the Imperial Tobacco Group, a former British monopoly with Victorian airs, those ships were a hotbed of machines that made cigarettes and packaged them. Today the facilities are the headquarters of a…

Leave a Comment

The enigma of Airbnb and the false “guests”: why is it creating a housing crisis?

The majority of Airbnb offers in almost every city worldwide are entire houses or apartments, not rooms with a “host” According to a recent interview published in El País with the vice president of Public Policies of Airbnb, Chris Lehane, the platform is a sustainable tourist option because it allows…

Leave a Comment

The entry of major technology companies in financial services could change to the banking sector

Banks in the European Union could have an instantaneous payment system by 2020, according to a Reuters report of June 26. According to the report, real-time payments have been possible in the euro zone since 2017, but only about half of the banks in the bloc adhered to the initiative.…

Leave a Comment

FinTecSystems receives permit of an account information and a payment initiation service

FinTecSystems received the BaFin permit as an account information service as well as a payment initiation service. In the competition of the Fintechs the Munich can now offer their services from the digital bank information to the payment initiation regulated. They are very happy about the BaFin permit. They have…

Leave a Comment

Copyright reform: Upload filters alert European startups

In an open letter entrepreneurs from 16 countries warn of drastic consequences. The startup association renews its criticism. No legislative proposal is currently shaking waves like the EU’s copyright reform, which the European Parliament is due to vote on next week. For Saturday, demonstrations are planned in numerous cities –…

Leave a Comment