Anthemis Holdings, the strategic investment subsidiary of Anthemis Group, has closed a €1.87m round of new investment in Fidor Bank, a provider of online financial services and e-commerce banking solutions.
Fidor Bank, together with its subsidiaries, is a Munich-based provider of online financial services and e-commerce banking solutions with a focus on providing a modern, social banking and e-wallet service to their retail and corporate customers. Fidor’s retail customers can manage multiple currency accounts (including accounts denominated in precious metals and alternative virtual currencies), peer-to-peer (P2P) lending and borrowing, and savings products on one intuitive platform.
A report by broking group Marsh examines the repercussions from the administration of the South Korean company, which filed for bankruptcy protection at the end of August.
Global research by C2FO suggests that smaller businesses are less concerned with the repercussions of Brexit and the upcoming US presidential election.
A squeeze on skilled talent means it now takes an average of seven weeks to fill open permanent roles in finance in the UK according to new research from financial services recruitment firm Robert Half.
Early-stage merger and acquisition deals in Asia-Pacific show nearly 10% year-on-year growth in recent months.