Tag: europe

Stripe obtains $600M funding at $95B valuation
March 15, 2021 BY Steffy Bogdanova

Stripe obtains $600M funding at $95B valuation

John Collison, President and Co-Founder of Stripe, commented: We’re investing a ton more in Europe this year, particularly in Ireland. Whether in fintech, mobility, retail or SaaS, the growth opportunity for the European digital economy is immense. Stripe also plans to expand its Global Payments and Treasury Network with the raised capital. The company announced…

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Europe’s post-Merkel era: Part II
March 27, 2019 BY Valentina Kirilova

Europe’s post-Merkel era: Part II

The following article is courtesy of Retail FX broker Aetos Capital Group.  Part II (for Part I click here) Queen's rulings in finance weakened Data released by Eurostat shows that, in September 2018, unemployment rates in France, Italy and Spain were 9.3%, 10.1% and 14.9%, respectively, with the 3.4% unemployment in Germany, who highlights it as the…

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Europe’s post-Merkel era: Part II
March 26, 2019 BY Valentina Kirilova

Europe's post-Merkel era: Part I

The following article is courtesy of Retail FX broker Aetos Capital Group. Part I The dominoes in history On October 14, 2018, the state election was held in Bavaria, Germany's economic powerhouse and conservative stronghold, but it looked more like an "open execution" for the conservative governing coalition than a state campaign. The CSU, the…

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January 31, 2018 BY Mariela Naydenova

Russia's Sberbank opens a cryptocurrency exchange in Switzerland

The largest state bank in Russia, Sberbank, has taken serious steps into introducing a cryptocurrency exchange in Europe through its Swiss branch, Sberbank Switzerland AG, local media group RBC said on Tuesday Jan. 30. The reason for the bank's choice to open the exchange in Switzerland is the fact that right now, cryptocurrency transactions and operations…

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December 15, 2016 BY admin

E-Global Trade & Finance Group gets broker license in Luxembourg

E-Global Trade & Finance Group, the holding company of popular retail FX broker brands Forex4you and Share4you announced it has received authorization from the Luxembourg Ministry of Finance and Commission de Surveillance du Secteur Financier to operate a brokerage as E-Global Trade & Finance Luxembourg S.A. According to the company, the license (which was authorized last…

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August 24, 2016 BY Valentina Kirilova

Global-e appoints Paysafe as merchant acquirer

The comprehensive cross-border solutions company Global-e has appointed digital payment solutions provider Paysafe Group Plc (LSE:PAYS) as its merchant acquirer. Global-e, which has been using Paysafe’s processing gateway to deliver a frictionless payments experience to clients, will now benefit from a full suite of processing and settlement currencies through a single global operator. Global-e enables retailers…

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March 31, 2016 BY Mike Fox

ESMA fines DTCC Derivatives Repository Limited €64,000 for data access failures

The European Securities and Markets Authority (ESMA) today has fined the trade repository DTCC Derivatives Repository Limited (DDRL) €64,000, and issued a public notice, for negligently failing to put in place systems capable of providing regulators with direct and immediate access to derivatives trading data. This is a key requirement under the European Markets and…

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