Tagged: germany

The Crowd Devours Eatclever’s Companisto Food Delivery Crowdfunding Campaign

eatclever

Companisto has provided a platform for several successful German food startups in the recent past, including MyCouchBox, Naturbursche and Foodist, and it looks as if eatclever will be joining their ranks if the first day of its campaign is an indicator.  In the hours since… Read More

Germany’s Second Largest Bank, Commerzbank, Said to Launch P2P Platform this Year

Commerzbank HQ 1885

Commerzbank, the  second largest bank in Germany, is intending on launching their own peer to peer lending platform. While many traditional banks are seeking partnerships with disruptive financial firms, it appears that Commerzbank has decided to take a path less traveled and strike out on… Read More

Germany based Fintech Firm Scalable Capital Raises €7 Million in Advance of European Expansion

Scalable Capital laptop

Digital asset manager Scalable Capital has raised €7 million in a Series A funding round. The additional capital was provided mainly by existing investors; Holtzbrinck Ventures, Monk’s Hill Ventures, Tim Marbach, MPGI, Raier Mauch and the German Startups Group. Tengelmann Ventures joined the funding round as… Read More

The Many Faces of Marketplace Lending : Auxmoney, Funding Circle, FundingXChange & CrossLend 

Euros Money 200

  Execfintech, the German fintech event that took place March 8 in Frankfurt dedicated a couple of panel presentations to marketplace lending. The companies represented included the two most successful lending platforms in Germany, P2P lending site Auxmoney and P2B lending marketplace Funding Circle, along… Read More

Brief: German Friendsurance Aims to Become Europe’s Biggest Insurtech Platform

friendsurance

Founded in 2010, friendsurance.com currently counts over 75,000 new customers on its platform. The peer-to-peer insurance model  conceived by Friendsurance had led the creation of a new insurance market segment with over 15 new entrants in seven countries. “In 2015, we saw an amazing growth with more than 200… Read More

At Execfintech: Frankfurt Vies to Become the New FinTech Capital

execfintech in Frankfurt opening

When thinking about Frankfurt, Finance immediately comes into mind. But FinTech? Not necessarily. Well, if it goes according to Execfintech, this is about to change. In its 3rd edition, Execfintech is a Fintech networking event, part pitching and part conference style panels and presentations –… Read More

Innovestment Claims First Investment Crowdfunding Offer to Use SPV in Germany

Christin Friedrich

Berlin-based Innovestment has announced the completion of the “First” crowdfunding offer to use a Special Purpose Vehicle (SPV) in Germany. Use of an SPV or similar structure is prevalent in some jurisdictions. Creating a single shareholder entity can drive benefits for the issuing firm.  One… Read More

Brief: Spotcap, German Fintech Startup, Locks In €31.5M To Support Its Online SMB Lending Platform

Spotcap-Toby-Triebel

German online lending platform Spotcap has successfully closed its third financing round, according to the company’s recent press release. The Berlin-based financial technology company raised EUR 31.5 million in new funding led by international private equity firm, Finstar Financial Group, with participation from previous investor Holtzbrinck Ventures…. Read More

Exclusive: solidLUUV Co-Founder Tobias Gerhardt Discusses Crowdfunding on Indiegogo, Kickstarter and now Companisto

team LUUV

The Berlin-based startup LUUV is returning to the crowd after completing two successful crowdfunding campaigns on Indiegogo and Kickstarter which garnered over €360.000 in pre-orders to date, from more than 60 countries. solidLUUV was awarded with the “ISPO Product of the Year” Award 2015/2016. In addition, the jury of CES (Consumer Electronics Show)… Read More

Brief: Debt-based “Crowdlending” Platforms did €16 Million in Germany During 2015

Germany Bavaria

According to a recent report, the total amount of loans for direct lenders in Germany stood at € 16 million for 2016. Peer to peer, or marketplace lending is on the rise in many countries including Europe’s largest single economy. As published in iBusiness using data… Read More

Peter Thiel Backs German Fintech Startup Deposit Solutions

Peter Thiel

Peter Thiel, Paypal’s co-founder and first outside investor in Facebook, has reportedly made an investment Deposit Solutions GmbH, which is considered the first open architecture platform for retail deposits in Europe. Since its establishment in 2011, Deposit Solutions has already mediated deposits in excess of… Read More

MODINICE Links with Companisto to Crowdfund for its Office PC

modinice

Munich-based tech startup MODINICE has partnered with Companisto on its recently launched equity crowdfunding campaign. In its first day the startup raised over 58,725€ from more than 117 investors toward its 500,000€ funding goal. Even though digitization has progressed quickly, office computer design has been relatively flat over the… Read More

Energieheld Surges Past 130K€, Quickly Exceeds Campaign Threshold on Companisto

energieheld - energyhero!

Be an Energy Hero! The Hanover, Germany-based Energieheld is a new platform that helps property owners save money through energy efficiency.  Energieheld digitizes craftsman businesses by providing independent information on energy-efficiency modernization and connecting customers with craftsmen. Taking advantage of the surge in interest in energy transition and efficiency,… Read More

Mambu Receives €8 Million from Acton Capital Partners & CommerzVentures

Eugene Danilkis

SaaS banking provider Mambu has raised €8 Million in a funding round led by CommerzVentures and Acton Capital Partners. CommerzVentures was established in October 2014 by Commerzbank AG as its corporate venture capital fund. Existing investors also participated in the most recent funding round. According to… Read More

Indiegogo Alum Stone Brewing Co. Releases Its First Berlin-Brewed Beers

Stone Brewing Company 2

Earlier this week, Indiegogo alum Stone Brewing Co. released its first ever Berlin-brewed beers to the public. The company shared: “Stone Brewing will celebrate the release of the very first (and über fresh) Berlin-brewed Stone beers. Some of our favorite breweries, bars and restaurants in… Read More

Companisto Exceeds €25M, Milestone Exemplifies Growing Crowdfunding Sector

tamo zwinge & david rhotert

Companisto, the German market leader in equity crowdfunding, has now become the first equity crowdfunding platform in Germany, Austria, and Switzerland to raise a total of over €25 million. Globally, equity crowdfunding is growing rapidly. This type of financing, based on private individuals’ teaming up and investing… Read More

Aescuvest Partners with Eastern Bavarian Technische Hochschule Amberg-Weiden to Crowdfund Startups

German Crowdfunding

Investment crowdfunding platform aescuvest, has inked a new partnership with the Eastern Bavarian Technische Hochschule Amberg-Weiden (OTH Amberg-Weiden) to assist medtech / healthcare startups in their quest for funding. Commenting on the signing of the agreement, Dr. Patrick Pfeffer, CEO and co-founder of aescuvest stated;… Read More

Backed by Peter Thiel, German Number26 Smartphone Bank Expands across Europe: Withdraw Money Everywhere

number26

  German smartphone bank Number26 will expand across Europe, opening its mobile-only account to consumers in France, Greece, Ireland, Italy, Slovakia, and Spain, according to a release. The expansion brings the total number of countries where Number26 is active to eight, following its initial launch in Germany… Read More

TripRebel Live on Companisto: Savvy Travel App for Hotel Booking Secures 75K€+ in First Hours

triprebel

In the first hours of going live on Companisto, the Hamburg-based start-up TripRebel raised over 75,410€ toward its 400,000€ funding goal. In 2015, the European Commission selected TripRebel as the “Best European Startup.” In January 2013, while TripRebel founder Carlos Borges was living in Bahia, Brazil, he sought  to… Read More

Bragi Dash Enters Mass Production. Angela Merkel Approves

Angela Merkel looks at Bragi Dash

The Bragi Dash is finally in mass production.  In a backer update, Dash creators stated that broad shipping will occur next weeks with batches going to specific regions around the world via UPS. Production is expected to quickly ramp to approximately 1500 Dashes per day.  One… Read More