Revolut reaches 30 million users

Revolut reaches 30 million users

British online bank and investment platform Revolut now has more than 30 million retail customers worldwide. Since November last year, the platform has gained over five million new users. Additionally, the platform now processes more than 400 million transactions per month.

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HeavyFinance grows user base in Europe

HeavyFinance grows user base in Europe

HeavyFinance, an agricultural investment platform from Lithuania, has surpassed 8.000 registered investors. This is in part thanks to growth in Germany, France and Spain. In addition, HeavyFinance’s users have invested nearly 1 million euros in green loans for carbon certificates.

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Bondora increases Go and Grow limit

Bondora increases Go and Grow limit

European lending platform Bondora has increased the monthly investment limit on its auto-invest product called Go & Grow. Existing investors can now invest up to 700 euros automatically per month.

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Nibble launches debt investments

Nibble launches debt investments

European investment platform Nibble is launching a new product: Legal Strategy. This gives private investors the opportunity to invest in debts. According to the platform, it offers a minimum guaranteed annual interest rate of 8 percent.

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Dutch crowdfunding increases 48%

Dutch crowdfunding increases 48%

In 2022 over 1 billion euros was raised via crowdfunding platforms in the Netherlands. That is a 48 percent increase compared to the year before. The amount was put towards more than 18,000 projects, mostly business loans.

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Revolut offers ETFs in Europe

Revolut offers ETFs in Europe

Revolut is offering ETFs to its European users. For the new investment product, the online bank is partnering with German financial startup Upvest. In the next few months, Revolut wants to add European listed stocks and other trading products as well.

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France wants to adopt early stage tax incentives EIS and SEIS

France wants to adopt early stage tax incentives EIS and SEIS

The French government wants to triple the amount of business angels in the country. Officials want to adopt two UK programs, the EIS and SEIS, which provide early-stage tax incentives. As a result, the government hopes that business angels will invest 3 billion euros annually into startups, creating 200,000 jobs by 2027.

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eToro partners with Twitter

eToro partners with Twitter

Online broker eToro has partnered with Twitter in an effort to further financial education. Twitter users can now see real-time prices for stocks, crypto and other assets. Users can also click through to eToro and start investing.

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Crowdcube and Octopus Investments start partnership

Crowdcube and Octopus Investments start partnership

Equity crowfunding platform Crowdcube and Octopus Investments are partnering up. Together, they have created a solution that lowers the minimum level of an investment into Venture Capital Trusts (VCTs) to 500 euros. This means that more retail investors will have access to investing in these companies.

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