Latest News: Banking, Fintechs & Investments

Investment app BUX, based in The Netherlands, is launching its 2nd crowdfunding campaign soon, giving its customers a chance to be even more invested in the product. Ever since the company's first crowdfunding in 2017 which saw over €1 million pledged within 24 hours, BUX has secured mover €100 million funding from the tech giant Tencent and Procus. For crowd investors this time around, BUX also provides perks such as BUX merchandise, BUX Tokens, free Savings Plans in the app and more, next to owning a piece of the BUX pie.

The campaign's goal is to help BUX develop further in its core European markets and ramp up product innovation. In the current climate where markets are either stagnant or in decline, this could give a much needed boost to the company's future plan. It is worth noting that all investments … Continue reading

Find us on LinkedIn Tweet this Fintech Compass article Share on Facebook

Posted on 09.10 at 10:20

German neobank Nuri files for insolvency

Nuri, a digital-first financial services company with a combined offering of a bank account and crypto investment platform, has filed for insolvency due to the current challenging market developments and subsequent effects on financial markets. The company claims that the step was necessary to ensure …

Find us on LinkedIn Tweet this Fintech Compass article Share on Facebook

12.08 at 01:23

Wirex rolls out Crypto-backed credit

Cryptocurrency trading platform Wirex recently launched a credit product - offering loans backed by crypto holding, marking its first major step into the lending space. Customers of Wirex will be able to borrow up to 80% against the total value of cryptocurrency they hold, at …

Find us on LinkedIn Tweet this Fintech Compass article Share on Facebook

22.07 at 07:29

Revolut launches card readers for businesses

Earlier this week, Revolut unveiled a new product - card readers for SMEs. This move marks UK-based neobank's first venture into physical goods sales. With an intended target audience consisting of small shops, restaurants, cafes and bars, the move is seen as a way to …

Find us on LinkedIn Tweet this Fintech Compass article Share on Facebook

06.07 at 14:08

Dutch fintech bunq reports 6,5 million trees planted

Earlier this week, Dutch challenger bank bunq reported having hit a significant milestone of 6.5 million trees planted. The bank reports this effort is comparable to offsetting the CO2 that’s the equivalent of 2 million flights from New York to Paris.

Find us on LinkedIn Tweet this Fintech Compass article Share on Facebook

01.07 at 10:07

Revolut joins the Buy Now Pay Later party

Revolut, the popular high street bank alternative, has announced the launch of its take on Buy Now Pay Later. The feature lets customers pay for purchases up to €499 in interest-free instalments, putting the digital bank in direct competition to well known BNPL brands such …

Find us on LinkedIn Tweet this Fintech Compass article Share on Facebook

26.06 at 16:07

Curve introduces Metal

Curve, an "all-in-one" digital wallet solution that promises to be "the last card you'll ever need", announced this Thursday an official launch of Curve Metal, a new subscription that comes with an exclusive metal card. This is the second big product launch Curve had in …

Find us on LinkedIn Tweet this Fintech Compass article Share on Facebook

17.06 at 10:29

The information provided on this website does not, and is not intended to, constitute financial nor legal advice; instead, all information, content, and materials available on this site are for general informational purposes only. Information on this website may not constitute the most up-to-date legal or other information. This website contains links to other third-party websites. Such links are only for the convenience of the reader, user or browser; the website administration and its members do not recommend or endorse the contents of these third-party sites. Please refer to third party websites for actual pricing.

Fintech Compass - Your financial navigator