Banking 03:15 pm
Monneo, virtual IBAN and eCommerce bank account provider, has unveiled an innovative new look logo and website design this week, as the brand expands across Europe and beyond.
With the help of strategy-led design agency fst, the experienced banking and FinTech team behind Monneo worked together to create the rebrand as the firm enters an exciting next phase.
Formed in 2018, with headquarters in London, UK and an office in Prague, Czech Republic, the Authorized Payment Institution is licensed by the FCA.
With Monneo, every virtual IBAN is linked to a safeguarding bank account so client’s funds are safe and secure. With a private banking approach, Monneo supports B2B international transfers from merchants to suppliers and vendors.
23.2.2021 08:00
Loan volume decreased from 2019 due to the COVID-19 pandemic
1.1. - 31.12.2020 in brief
EBIT was 0.6 million euros (1.6).
EBIT margin was 5.5% (11.6).
Adjusted EBIT was 0.6 million euros (2.3).
Adjusted EBIT margin was 5.5% (16.5).
Profit of the financial year was -0.9 million euros (-0.1).
Adjusted profit was -0.9 million euros (0.5).
Earnings per share (EPS) was -0.12 euros (-0.01).
Adjusted earnings per share (Adjusted EPS) was -0.12 euros (0.08).
End balance of the balance sheet was 28.4 million euros (36.0).
Equity at the end of the period was 13.6 million euros (14.5).
Cash and cash equivalents at the end of the period was 3.8 million euros (3.9)
Number of outstanding shares at the end of the period 7 173 625 (7 173 625).
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One driver for the first widely adopted cryptocurrency Bitcoin was to create a store of value that existed
outside of government control. It is therefore no surprise that attempts to regulate the rapidly developing crypto asset market have required great efforts from regulators and legislators around the world to keep apace.
In this blog, we compare key drivers and results of the regulatory approach being taken in the US and UK. While the U.S. is leading the way on the enforcement of crypto regulations, the UK has taken greater steps in relation to banking approvals. With regard to tax treatment, the position is becoming much clearer in both jurisdictions.
Friday, January 8, 2021
One driver for the first widely adopted cryptocurrency Bitcoin was to create a store of value that existed
outside of government control. It is therefore no surprise that attempts to regulate the rapidly developing crypto asset market have required great efforts from regulators and legislators around the world to keep apace.
In this blog, we compare key drivers and results of the regulatory approach being taken in the U.S. and UK. While the U.S. is leading the way on the enforcement of crypto regulations, the UK has taken greater steps in relation to banking approvals. With regard to tax treatment, the position is becoming much clearer in both jurisdictions.