Latest News
Inc & Co brand incspaces Announces €1.5M Investment in Barcelona Office with European Expansion Plans & Global Pivot
incspaces, a leading provider of flexible workspaces, which is part of Inc & Co Group, announced global expansion plans, which will see new locations in key markets across Europe, the USA, Middle East, and Asia.
The decision to refocus the company’s efforts on new markets is pivotal, given the UK flexible office market has become saturated with office space providers in recent years.
LONDON, April 26, 2024 /PRNewswire/ — New sites in Barcelona and Dublin are set to open this quarter, the latter opening next month, and already has 95% pre-let occupancy. Both buildings will become the first of many to be based outside of the UK, strengthening the incspaces footprint in key European markets.
Jack Mason, Group CEO of Inc & Co, added, “We’re investing €1.5M into our two new European buildings, which is the start of a strategic realignment for incspaces, positioning the company to capitalise on new opportunities and build a strong international presence. We are dedicated to supporting our clients’ growth and success through flexible, high-quality work environments wherever business takes them.”
As part of the incspaces global expansion, the decision was also reached to revitalise its leadership team, bringing on board executives with extensive international expertise to drive growth and ensure a seamless transition into these new markets. Further announcements will be made in the coming months.
The expansion into additional markets will see incspaces not renew its London leases that are due for renewal and instead refocus its efforts on additional sites in Bangkok and Amsterdam, which are already in advanced discussions. The new two locations will benefit from a €1.5M investment into the fit-out before launch.
incspaces also recently launched Infinity Office in the U.K., aimed at start-ups and entrepreneurs who don’t want the commitment of an office space but want to drop in casually, have mail redirected and meet or attend events. The new service launched in April and has already seen enormous interest from start-ups in Manchester.
About incspaces
incspaces is a global office provider with locations throughout the UK, Spain and Ireland. Focusing on unique, collaborative, carbon-neutral spaces, they offer a mix of flexible, dedicated offices, co-working & event spaces that inspire entrepreneurs and business owners to create their best work.
To learn more about incspaces, visit: incspaces.com
Photo – https://mma.prnewswire.com/media/2398551/incspaces_one_embankment.jpg
View original content:https://www.prnewswire.co.uk/news-releases/inc–co-brand-incspaces-announces-1-5m-investment-in-barcelona-office-with-european-expansion-plans–global-pivot-302128641.html
Latest News
Revio, the young fintech winning over Old Mutual and MTN
Latest News
Basel Committee highlights rising risks from finance digitalisation in new report
The post Basel Committee highlights rising risks from finance digitalisation in new report appeared first on HIPTHER Alerts.
Latest News
French fintech Lydia launches digital banking app Sumeria
Lydia, a prominent French fintech company known for its innovative financial solutions, has taken a significant leap forward with the launch of its new digital banking app, Sumeria. This development marks a strategic expansion for Lydia as it continues to redefine the financial landscape in Europe and beyond.
About Lydia
Since its inception, Lydia has been at the forefront of fintech innovation in France, providing users with seamless and user-friendly payment solutions. The company has built a strong reputation for its mobile payment app, which allows users to send and receive money, pay for goods and services, and manage their finances with ease. With millions of users and a robust platform, Lydia is well-positioned to venture into the digital banking space.
Introducing Sumeria
Sumeria is Lydia’s latest offering, designed to cater to the growing demand for comprehensive digital banking solutions. The app aims to provide users with a full suite of banking services, all accessible from their smartphones. Key features of Sumeria include:
- Personal and Business Accounts: Sumeria offers both personal and business accounts, enabling users to manage their finances efficiently. The app supports a range of functionalities tailored to meet the needs of individual users and small to medium-sized enterprises (SMEs).
- Intuitive Interface: True to Lydia’s commitment to user experience, Sumeria boasts an intuitive and easy-to-navigate interface. Users can quickly access account information, transaction history, and various banking services with just a few taps.
- Comprehensive Financial Tools: Sumeria provides a range of financial tools designed to help users better manage their money. Features such as budgeting, expense tracking, and personalized financial insights empower users to make informed financial decisions.
- Security and Privacy: Lydia places a high priority on security, and Sumeria is no exception. The app incorporates advanced security measures, including biometric authentication and end-to-end encryption, to ensure that users’ financial data is protected.
- Integrated Payments: Leveraging Lydia’s expertise in payments, Sumeria integrates seamless payment solutions, allowing users to send and receive money instantly, pay bills, and make purchases directly from the app.
Strategic Implications
The launch of Sumeria represents a strategic move for Lydia, positioning the company as a formidable player in the digital banking arena. By expanding its product offering, Lydia aims to capture a larger share of the market and meet the evolving needs of its users. This initiative also reflects a broader trend in the fintech industry, where traditional payment service providers are evolving into comprehensive financial service platforms.
Market Impact
Sumeria’s entry into the market is poised to have a significant impact. With its user-centric design and robust feature set, the app is likely to attract a diverse user base, from tech-savvy millennials to SMEs seeking efficient banking solutions. Moreover, Sumeria’s integration with Lydia’s existing payment infrastructure provides a seamless transition for current Lydia users, further boosting its adoption.
Future Prospects
Looking ahead, Lydia plans to continually enhance Sumeria by adding new features and expanding its services. The company’s focus on innovation and customer satisfaction will be key drivers of Sumeria’s growth. Additionally, Lydia’s potential to scale Sumeria across other European markets presents a substantial opportunity for further expansion.
Source: fintechfutures.com
The post French fintech Lydia launches digital banking app Sumeria appeared first on HIPTHER Alerts.
-
Latest News7 days ago
Al Hassan Ghazi Ibrahim Shaker Co. announces a strong start to FY24, reporting a 12.09% YoY increase in net profit to reach SAR 32.25 million in Q1-FY24
-
Latest News6 days ago
Newgen Recognized in the Gartner® Market Guide for Commercial Banking Cash Management and Trade Finance Solutions 2023 Report
-
Latest News6 days ago
Major Korean pension fund invests in carbon solutions with Stafford Capital Partners
-
Latest News6 days ago
Precisely Showcases Critical Role of Trusted Data in AI at the Gartner® Data & Analytics Summit in London
-
Latest News6 days ago
One United Properties posts a consolidated turnover of 84.3 million euros and a gross profit of 37 million euros in the first three months of 2024
-
Latest News3 days ago
B Lab UK research reveals UK public back change to company law to put people, the planet and profit on more equal footing
-
Latest News4 days ago
Unleash a Wave of Opportunities this May with Bybit
-
Latest News3 days ago
Bankart migrates payment processing to Diebold Nixdorf’s Vynamic Transaction Middleware