Tagged: germany

Bragi Dash Review: Smart, Wireless Earphones Deliver on Promised Product

Bragi Dash Review iPhone

In February of 2014, Munich-based Bragi Dash launched their rewards crowdfunding campaign on Kickstarter. The concept was to create “smart” wireless headphones that combined a full set of features and technology currently unavailable in the retail market. The vision of founder Nikolaj Hviid, formerly Head… Read More

Peer to Peer Lender auxmoney Points to P2P Loans as Safe Harbor During Brexit Uncertainty

raffael-johnen

In a public statement referencing the Brexit, the CEO and founder of auxmoney, the largest German P2P lender, pointed to the current environment of high-volatility in markets and the contrasting, relative stability of investing in P2P loans. Reflecting the Brexit,Raffael Johnen stated; “Especially in this environment, P2P loans… Read More

Invoice Cycle Raises $4 Million Seed Round from Müller Medien Group

UK based Fintech startup Invoice Cycle has secured a solid $4 million seed round.  The funding, first reported in Tech.eu, said participating investors, along with SeedL joined in the round. Müller Medien is an interesting investor as its roots are more traditional businesses. Founded in… Read More

PwC Announces Partnership with German Equity Crowdfunding Platform Companisto

David Rhotert

PricewaterhouseCoopers (PwC), an auditing and consulting company, announced on Monday that it has formed a partnership with Germany’s equity crowdfunding platform, Companisto.  According to the duo, the new partnership is meant to enable start-ups successfully financed through Companisto to get support on all aspects related to their… Read More

SaaS Banking Provider Mambu Launches Fintech Startup Program

Money International Global Currency

Mambu, a SaaS alternative to legacy core banking software that allows financial firms to move quickly online, has partnered with several accelerators and incubators on a Fintech Startup Program. The new initiative is said to enable startups to build financing products faster and cheaper than… Read More

German FinLeap Receives €21M for Fintech Incubation Program, Plans to Pump €50M Back into Fintech Ecosystem

Ramin Niroumand

FinLeap, the startup platform behind Germany’s SolarisBank, has secured €21 million in equity capital to support its fintech incubation program. Next to the founding shareholder Berlin-based HitFox-Group, new institutional investors from the insurance industry took a stake in the company including Hannover Re, the third largest worldwide reinsurer,… Read More

Companisto: The Most Active Venture Capital Provider in Germany

Companisto Deals

Germany represents the fourth largest economy in the world, ahead of the UK and following  the economy of Japan.  The German economy is dominated by the Mittlestand: small and medium-sized companies, many which are family owned, that fuel prosperity with their robust productivity. These smaller… Read More

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