Tag: FinTech

Data centers should be treated like critical infrastructure

The cost of a single failure in a data center is counted in amounts ranging from $100,000 to a million dollars. These facilities process...

PragmaGO has closed the subscription for bonds with a 30% reduction

PragmaGO has successfully concluded the subscription for corporate bonds in EUR, with a reduction rate of 30.13%. The registrations were made by 295 investors...

Record deal between XTB and KSW

The cooperation between KSW and XTB carries symbolic significance. These are two Polish brands that have achieved international success thanks to their ambition and...

XTB Achieves Record Growth in Client Numbers, Revenues, and Profits in Q3 2024

In the third quarter, 108.1 thousand new investors joined XTB, which means a growth of 60.1% year on year (y/y) Over 9 months...

Another transfer from Allegro to XTB. Polish fintech strengthens Technology Department

XTB has strengthened its Technology and Product department. Kinga Ćwiklińska has joined the team led by Adam Dubiel and will be responsible for the...

PragmaGO with growth dynamics at the level of 26% YoY in 3Q24

PragmaGO continues to grow dynamically in 2024. In the third quarter, the company grew by 26% year-on-year, strengthening its position as a leader in...

XTB introduces IKE and virtual wallet with multicurrency card

XTB has introduced two new products to its offering, as announced earlier this year. The first one is IKE, now available for Polish investors....

Ailleron Group with solid results in the first half of 2024.

In the first half of 2024, Ailleron Group achieved sales revenues of PLN 249.5 million, representing a nearly 10% increase compared to the same...

PragmaGO acquires majority stake in Romanian fintech Omnicredit

PragmaGO has purchased a majority stake in Telecredit IFN S.A. (Omnicredit), a Romanian fintech that develops digital financial products for the SME sector. This...

Decrease in the Number of Indebted Poles, but Average Debt Continues to Rise in 2024

Data from three different registers indicate that by the end of the first half of this year, there were between over 2 million to...

N!Bank Nest Assistant wins Best of Show award at FinovateFall 2024 for AI innovation

N!Assistant, a breakthrough AI-based assistant from Nest Bank, has won the prestigious Best of Show award at the international conference FinovateFall 2024. Best of Show...

PastPay raises 12 million euros in Series A. Largest round for B2B BNPL in Central and Eastern Europe

PastPay, a B2B payment solutions provider, has announced a series A funding round worth €12 million, led by Platina Capital in collaboration with several...

PFR Ventures signed the first agreements with funds under the FENG program

PFR Ventures has signed the first four agreements with venture capital fund management teams under the European Funds for the Modern Economy (FENG) program....

India – The Rising Star of the Global Economy

For a third term under the leadership of Prime Minister Narendra Modi, India continues to both enjoy high economic growth rates (+6.4% in 2024...
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