AS LHV Group decided to commence operations to establish a bank in the United Kingdom to clearly separate AS LHV Pank’s current business activities in Estonia and in the United Kingdom. Until now, LHV has operated in the UK through a branch. Separating the business activities allows for better compliance with regulatory and supervisory requirements.…
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Greek Fintech Viva Wallet Plans Raising €500 Million
Viva Wallet, a Greek payments startup, is considering raising €500 million (over $592.4 million) in a fresh funding round to support its digital banking operations, Reuters reported last week. This came only eight months after the startup received a banking license with its merger with Praxia Bank. Though the deal was signed in January, it received a…
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Payments Platform Wirex Launches Waitlist for Revolutionary Multicurrency Mastercard Card
Leading payments company Wirex have launched the waitlist for their highly-anticipated Wirex multicurrency card, taking them one step closer to becoming the ultimate cryptocurrency platform. The move comes following the announcement of a product overhaul, with the launch of a Mastercard-enabled card heralding a number of game-changing product updates that will change the alternative payments space forever. Just…
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Yolt revamps app with new account and contactless card
ING-backed account aggregation app Yolt has launched a new account and contactless card to help people save while they spend.Launched in 2017, Yolt has since garnered 1.5 million registered users who are currently able to see their various bank accounts in one place, enabling them to track their spending, set budgets and identify where they…
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