VWFS takes indirect majority stake in finance software house
Volkswagen Financial Services has acquired an indirect majority stake in Portugal's VTXRM, a software developer for commercial and retail financial services.
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Online challenger Banco BNI Europa sees equity investment
Lisbon-based online challenger Banco BNI Europa has attracted equity investment and posted net income of €2.3m in 2017.
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Deutsche Bank sheds Portugal leasing operations
Deutsche Bank has sold its private and commercial banking business in Portugal, including leasing operations, to Spain's Abanca for an…
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Alphabet expands into Portugal through local partner
Alphabet, the business mobility division of the BMW group, has expanded into Portugal through local partner Finlog. Alphabet has begun…
ByBNI Europa seeds €50m to German SMEs through Funding Circle
Portuguese online bank Banco BNI Europa has said it will provide €50m funding for small business loans in Germany via…
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EIB loans €420m to Portugal’s water supplier
First tranche for infrastructure upgrade will go through state-owned water company, while second one might target municipalities directly.
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BNI signs €15m deal with Creditshelf to fund German SMEs
Banco BNI Europa has signed a deal with online business financer Creditshelf to invest up to €15m (£13.4m) on the…
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BNI Europa signs €10m p2p funding deal for Portuguese SMEs
Banco BNI Europa has agreed to provide €10m (£8.7m) in funding to Raize, a Portuguese peer-to-peer platform, to support SMEs.…
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