Tagged: berlin

London’s Micropayments Fintech SatoshiPay Acquires $550,000 Investment in XLM Cryptocurrency from Stellar Development Foundation

London-based SatoshiPay, a Fintech firm that aims to provide fast and affordable payment solutions, has teamed up with the San Francisco-headquartered Stellar Development Foundation (SDF). According to a release, SatoshiPay has received a $550,000 investment from SDF’s Enterprise Fund. The funds will be used to… 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

BaFin, Germany’s Financial Regulator, Suspends Operations of Crypto Firm, which Allowed Users to Buy and Sell Digital Currencies via ATMs

The Federal Financial Supervisory Authority of Germany (BaFin), the nation’s financial regulator, is suspending the operations of a firm known as KKT UG from Berlin, which allowed users to purchase and sell digital currencies via ATMs. As BaFin noted on March 4, 2020, Adam Gramowski,… Read More

Cross-Border Savings and Investment Marketplace Raisin Surpasses €20 Billion in Deposits

Berlin-headquartered Raisin, a cross-border savings and investment marketplace, has confirmed the strategic placement of more than €20 billion with banks based in 25 different countries. Raisin’s management noted that it’s currently managing an investment volume of more than €500 million.  Raisin also announced that it… Read More

Varengold Bank Opens Fintech Hub in Berlin

Germany-based banking group Varengold Bank announced on Monday it has opened its new fintech hub in Berlin. According to Board of Managing Directors member, Frank Otten, the new hub will “add value” for the Varengold Bank’s current customers in Berlin because the bank will provide… Read More

Klarna Announces Plans to Open New Tech Hub in Berlin

Payment processing platform Klarna announced on Thursday its plan to open a tech hub in Berlin at the beginning of next year. Klarna reported that the new hub will enable it to further build out its product portfolio and services as well as better serve… Read More

Insurtech: Germany’s Insurance Technology Firm Wefox Group Secures $110 Million via Series B Round

Berlin headquartered Wefox Group, an Insurtech firm that has developed the consumer-facing insurance app and carrier One and Wefox, an insurance platform, has secured $110 million via a recent Series B round according to a company release. The additional funding has doubled Wefox’x Series B… Read More

Mambu Launches New Marketplace For Financial Institutions

Mambu, a Berlin-based SaaS banking platform provider, announced last week the launch of its new marketplace for financial institutions. According to Mambu, the marketplace offers a choice of global and localized solutions which can be seamlessly integrated with the SaaS engine to rapidly address evolving… Read More

Brazilian Fintech Nubank Opens New Engineering Office in Berlin

Earlier this week, Brazilian fintech startup Nubank announced it has opened an engineering unit in Berlin. According to CTO Edward Wible, the company is expecting to hire two dozen employees for the new German hub. Founded in 2013, Nubank stated it is committed to fighting… Read More

Companisto Launches First Donation-Based Crowdfunding Campaign: For Fachnetzwerk Schülerfirmen

“It’s our goal as a foundation to support this entrepreneurial spirit and encourage more people to start their own business. This is how the startups of tomorrow are created.” The combined fundraising efforts of the Berlin-headquartered German Children and Youth Foundation (Deutsche Kinder- und Jugendstiftung) and Companisto for… Read More

Anti-Fascist Group Hope Not Hate Launches Crowdfunding Campaign to Sue Former Ukip Leader Nigel Farage

On Tuesday, anti-fascist group Hope Not Hate launched its own self-running crowdfunding campaign to sue former Ukip leader Nigel Farage after he reportedly referred the organization as an extremist group that “masquerade as being lovely and peaceful but actually pursue violent and very undemocratic means” while… Read More

Guten Tag: Brewdog Opens New Location in Germany “Berlin Mitte”

BrewDog, the largest independent brewery in Europe, opened its new German location, Berlin Mitte on Friday. The new location is just minutes away from Mauerpark. Sharing details about Berlin Mitte, the Brewdog team stated: “We are psyched to be opening in this incredible city – so much… Read More

Seedrs’ European Expansion Continues: Prepares to Open Berlin Office & Appoints Kyrill Zlobenko As New Regional Manager

On Monday, equity crowdfunding platform Seedrs announced it is continuing its European expansion by opening an office in Berlin. The location will reportedly bring the Germany, Austria, and Switzerland (DACH) deal flow to the funding portal. Speaking about the new office, Jeff Lynn, CEO and co-founder of Seedrs, stated:… Read More

Brief: German Marketplace Lender Smava Nabs $34M Funding, Runa Capital Leads Round

Smava, the German marketplace lender, has secured a $34M in a funding round led by Runa Capital, with additional participation from the Scandinavian private equity firm Verdane Capital, mojo.capital and existing investors, reported AltFi News. Runs, an active investor in the alternative finance sector, has also invested in… Read More

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

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

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

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

German Startup TradeMachines Revs Up Companisto Campaign, Nabs over 158K€ on Day 1

Berlin start-up TradeMachines,  the world’s largest meta search engine for industrial auctions, launched a 500,000€ equity crowdfunding campaign on Companisto yesterday.  In the first day, the startup secured over 158,874€ from over 164 investors toward its goal. Since 2013, TradeMachines has brokered machine sales worth €2 billion, Listing 30 %… Read More

Stone Brewing Company Offers Up New Brewery Updates to Indiegogo Backers (Video)

On Wednesday, California-based brewery Stone Brewing Company announced some exciting updates for its Indiegogo backers. Last year, the adult beverage company embarked on two new brewery projects that will bring their style of fresh, thoughtful, delicious, high-quality craft beers not only to the other side… Read More

Companisto’s First Venture Loan for Chocolatier Sawade Quickly Overfunds, Exceeding 255K€ within Week

Sweet returns: Sawade investors who have their interest paid out in chocolate will receive annual interest of 12 % instead of 8 %. Last week the Berlin chocolatier Sawade embraced a new approach to growth financing, offering venture loans on Companisto. Venture loans are a new asset class for the… Read More

UNYTE Swiftly Secures Over 101K€ in Equity Crowdfunding on Companisto: Paulus Neef Believes Yoga Is for Everyone!

UNYTE: Yoga for everyone! launched its Companisto equity crowdfunding campaign, quickly raising over 101,470€ of its 200,000€ goal with the help of over 73 backers. Funding will be used to open the first UNYTE flagship studio in Berlin. Additional funding will be tapped by several sources, including the initiators’ own… Read More

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