Tagged: austria

Digital Finance Platforms Kapilendo, Finnest, Consolidate Under Invesdor Brand

Three European digital investment platforms Kapilendo, Finnest, and Invesdor will now consolidate under the Invesdor brand. Finland-based Invesdor was originally launched as a securities crowdfunding platform. In 2019, Invesdor and Finnest completed a merger. When the two companies merged, Finnest was operating as an online… Read More

Estonia’s Bigbank Chooses Nets for Offering Virtual Cards and Mobile Payments Capabilities

Bigbank, a global Estonian-owned bank providing personalized financial products, has selected European payment services firm Nets, to offer issuer processing and digital services, such as virtual cards and mobile payment capabilities. As noted by its management: “We’re a new type of bank – a truly… Read More

Falkensteiner Hotel Group Looks to Top Prior “Crowd Finance” Rounds on Finnest

The Falkensteiner hotel group and online capital formation platform Finnest are partnering once again to raise capital for the hotel chain. Finnest, based in Austria, is a debt and equity crowdfunding platform that claims to be the largest in the Nordic region following its merger… Read More

Switzerland based Banking Solution Provider CREALOGIX Hires Fintech Professional Jordi Perez as Regional MD

Switzerland-based banking solution provider CREALOGIX has reportedy hired Jordi Perez to serve as its Regional Managing Director. Perez is expected to take on the responsibility for CREALOGIX’s business operations in Austria, Germany, and Switzerland. He will be overseeing operations in other Central European countries as… Read More

European Payment Services Provider Nets Group and Salamantex to Support Bitcoin, Ethereum Transactions in Austria

Nets Group, a European payment services provider, along with with Salamantex, an Austrian developer of software solutions for cryptocurrency payments, have announced that they’re bringing acceptance of virtual currencies like Bitcoin (BTC), Etherereum (ETH) and XRP to in-store points-of-sale in Austria. The partnership between Nets… Read More

Austria-Based Fintech NumberX Set to Launch App-Based Payment Card Powered By Open Banking

  NumberX, an Austria-based fintech, recently announced its plans to launch if app-based payment card, which is powered by open banking. Mastercard is notably the company’s strategic partner for the card. Founded in 2020, NumberX’s focus is on maximum freedom and flexibility, the greatest possible acceptance, and… Read More

Unicorn: Bitpanda Raises $170 Billion Series B Led by Valar Ventures, Plans to Expand Beyond Crypto-Assets into ETFs, Shares and More

Digital investment platform Bitpanda has raised $170 million in a Series B funding giving the company a $1.2 billion valuation making it Austria’s first unicorn. The Vienna-based company says the round is one of the largest Series B investments ever in Europe. The round was… Read More

Austrian Regtech kompany Launches Global Shareholder Discovery Technology

  kompany, an Austria-based regtech, announced on Tuesday it has launched its newest anti-money laundering compliance solution that is designed to ease ultimate beneficial ownership (UBO) discovery for regulated entities across the world. According to kompany, UBO Discovery applies artificial intelligence (AI) to analyze unstructured shareholder… Read More

Finnest, Part of the Invesdor Group, Says 2020 Was a Good Year for Crowd Investing

Finnest, part of the Invesdor Group, says 2020 was a good year in spight of the ongoing COVID-19 health crisis. Based in Austria, Finnest says some forms of financing were able to show their strengths during this period, including crowdinvesting from specialists in digital financing… Read More

Invesdor Reports €25.9 Million in Investments for 2020

Invesdor, first launched as a Nordic securities crowdfunding platform, is reporting 2020 numbers of €25.9 million in funding for the year from 6100 individual transactions. In mid-2019, Invesdor completed a merger with online debt platform Finnest – a Fintech based in Austria. The combination of… Read More

Austria based Digital Asset Exchange Bitpanda to Hire 300 New Workers and Establish Hub in Poland

Austria-based digital asset exchange Bitpanda has announced that it will be allocating €10 million in capital toward the development of a technology and innovation hub based in Poland, which will employ 300 additional staff members. Based in Krakow, the new hub is expected to effectively… Read More

German Digital Only Bank N26 Makes Google Pay Services Available For Austria, Estonia, Greece, Lithuania, Latvia, the Netherlands and Portugal

  Digital-only bank platform N26 recently announced it is bringing Google Pay to customers in Austria, Estonia, Greece, Lithuania, Latvia, the Netherlands, and Portugal. The company made Google Pay available to customers starting in 2018, with the first launches in Belgium, Ireland, Slovakia, and Spain…. Read More

Trading Bot: Trality Raises €1.5 Million to Build Out Crypto Trading Service

Trality, a Fintech developing a trading bot for crypto, has raised €1.5 million to further advance its platform. Trality says it is now making robo trading available to any private investor and trader. Investors came from Austria and the German blockchain accelerator BLOCKROCKET as well… Read More

Invesdor Launches Updated Website, Looks to Target DACH Countries

Invesdor, an investment crowdfunding platform based in Finland, has relaunched its website and branding. In recent months, Invesdor has had a change in leadership as founder Lasse Mäkelä stepped down as CEO to be replaced by Günther Lindenlaub. Invesdor completed a significant merger with debt-based… Read More

Regtech: kompany Raises €6 million for boost DLT based KYC Service, AI Shareholder Analysis Tool

kompany, a Vienna, Austria based Regtech firm, has raised just shy of €6 million, according to a note from the company. This brings total funding to €14 million. kompany is an AML/KYC service that is also developing an artificial intelligence (AI), DLT based, compliance solution…. Read More

Austrian Fintech Paysafecash Launches Services in Bulgaria to Enable Online Cash Purchases

Just a few months after launching its services in Latvia, PaySafeCard, an Austria-based fintech that is part of the Paysafe Group, has made its debut in Bulgaria. As previously reported, PaySafeCard claims it has become a global market leader in online prepaid payment methods and… Read More

Amsterdam Fintech BUX, a Retail Brokerage Firm, to Offer Simplified Investing Experience to Traders in Germany and Austria

Amsterdam based Fintech BUX, a retail brokerage company that announced a “soft launch” version of its digital asset exchange earlier this year, will be expanding its stock trading services into Austria and Germany. The commission-free trading app provider is introducing its investment platform, Bux Zero,… Read More

Invesdor Completes First Austrian Securities Offering for Biogena

  Invesdor, an equity crowdfunding platform that merged with an Austrian debt-funding platform Finnest in 2019, has completed its first equity round in the DACH region (Germany-Austria-Switzerland). Biogena Group GmbH raised almost €2 million, according to reports by Invesdor. Biogena, founded by CEO Albert Schmidbauer,… Read More

COVID-19: Largest Real Estate Platform in Austria First Saw Dip, then a Bounce

  We are hearing a lot of chatter about some online lending platforms halting originations and some real estate crowdfunding platforms pulling back. A report out of the DACH countries provides some European perspective. In the DACH countries, property investment has been a standout performer… Read More

Fintech Firm Trade Republic Secures $67 Million in Capital via Series B Round led by Accel, Founders Fund

Trade Republic, a mobile-based investing app, has secured €62 million (appr. $67 million) in capital through a Series B funding round led by Accel and the Founders Fund. The money raised will be used to expand the company’s line of products and services. The funds… Read More

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