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SME Finance, a Lithuanian-based fintech startup and leading fintech platform for non-banking financing in the Baltic states, today announced it has received €80 million in back from the European Investment Bank (EIB) to support small and medium-sized Lithuanian, Latvian, and Estonian enterprises in the transport, retail, wholesale, production, and services sectors. The investment is the largest EIB investment…

Aidexa, an Italian challenger bank for SMEs, has raised €45 million in seed financing. Founded by Roberto Nicastro, former general manager of Unicredit, Aidexa intends to use a combination of AI and Open Banking to target the seven million businesses in Italy with a turnover of less than €10 million. The startup, which plans to…

As is known, our German-speaking colleagues already had their reservations about the state of affairs at Wirecard in Germany in 2016. Elfriede Sixt of EFRI (European Funds Recovery Initiative) from Vienna now states that the Netherlands has its own Wirecard with Payvision. This is not good news for ING. When ING bought a significant portion…

For years now, brick-and-mortar stores have been faced with the challenge of competing with online competitors that may be offering a broader range or cheaper products. The result, says Paulette Rowe, CEO, integrated & eCommerce solutions at Paysafe, has been a decline of footfall on the high street. So creating a customer experience in-store has been key to survival,…