Tagged: berlin

Troubled German Fintech Solaris Needs Money or Potential Sale of Business

European Fintech firm Solaris in reportedly seeking additional funding to maintain its operations. The German banking-as-a-Service (BaaS) platform is said to looking for an emergency capital injection of £100 million. Solaris reportedly aims to put its business up for sale should it fail to acquire… Read More

Investment Platform Mintos Partners with Upvest to Enhance ETF Portfolios Across European Markets

Mintos, a multi-asset investment platform headquartered in Latvia, has joined forces with Upvest, the European provider of investment infrastructure, to enhance its ETF portfolio offering across Europe. The partnership with Upvest will strengthen Mintos’ mission to solidify their position as a solution for “long-term” investing… Read More

European Embedded Finance Platform Solaris to Discontinue Parts of Electronic Money Institution Business

Solaris, Europe’s embedded finance platform has taken the difficult decision to discontinue major parts of its Electronic Money Institution business (formerly known as Contis). Solaris is reshaping into a stronger, “more resilient and agile organization that leads the market with innovative financial solutions.” As part… Read More

Fintech bunch, a Firm Aiming to Transform Private Markets, Announces $15.5 Million Series A

bunch, a Fintech seeking to private markets, has announced the closing of a $15.5 million Series A funding round. The funding was led by FinTech Collective, along with existing investors including, Cherry Ventures and Motive Ventures. Other investors in the round were Broadhaven Ventures and… Read More

Upvest and Raisin Migrate Single-Digit Billion in AuM Over One Weekend

Upvest, the investment infrastructure provider in Europe, and Raisin, Europe’s marketplace for savings and investment products, are pleased to announce the successful migration of single-digit billion in Assets under Management (AuM). This significant achievement demonstrates “the strength of the partnership between the two fintech leaders… Read More

European Digital Bank N26 Appoints Mayur Kamat to Key Executive Role

Digital bank N26 recently announced the appointment of Mayur Kamat as its new Chief Product Officer. Mayur is said to have “a proven track record leading product teams and building new solutions at some of the world’s biggest technology companies.” He reportedly brings with him… Read More

Intapp, a Provider of AI-powered Software for Capital Markets Firms, to Acquire Berlin’s delphai

Intapp (NASDAQ: INTA), a global provider of AI-powered software for professionals in advisory, legal, and capital markets firms, announced that it has signed an agreement to acquire delphai, a Berlin-based AI software company specializing in applied AI for firmographic data automation, structuring, and intelligence. The… Read More

Germany’s Insurtech wefox Appoints Paul Onnen as Chief Technology Officer

wefox, the European insurtech, has appointed Paul Onnen as Chief Technology Officer, with immediate effect. Mr. Onnen takes over the role from Sergi Banos who “was promoted to Chief Platform Officer (CPO) as the company accelerates its plans to launch the platform that will connect… Read More

Germany’s Digital Bank N26 Is Offering Up to 2.6% Interest on Deposits with Instant Savings

N26 announced an important extension to its product portfolio with the launch of a flexible Instant Savings account. From today, customers in Germany can “benefit from up to 2.6% interest p.a. with transparent conditions, and without deposit limits or additional costs involved.” The overnight savings… Read More

Berlin’s Insurtech wefox Launches New Initiative to Support Digital Insurance Services

wefox, the Berlin-based insurtech, is launching a new brand claim: “wefox Empowering Insurance”. The new brand claim defines the company’s unique position “as more than just an insurance company.” It paves the way for wefox to also “provide a wide range of tech-enabled insurance solutions.”… Read More

Berlin’s Fintech Firm Moonfare Appoints Dr. Lorenz Jüngling as Co-CEO

Moonfare has appointed Dr. Lorenz Jüngling, currently managing director, chief operating officer, and chief financial officer, “as Co-CEO, alongside Moonfare founder, chairman and current CEO Dr. Steffen Pauls. Jüngling, a Ph.D. material scientist and physicist by training, currently oversees Moonfare’s R&D, finance, operations and compliance… Read More

Berlin’s Habyt, the Flexible Housing Provider, Acquires €40M via Series C to Expand Operations Globally

Habyt, the flexible housing provider, has raised €40M in a series C round as it expands globally and consolidates its market share. This investment round is “led by the new investors Korelya Capital (Paris-based) and Deutsche Invest (Munich-based). It was also participated by new investors… Read More

Berlin’s Digital Bank N26 Introduces Initiative to Highlight Client-Centric Approach to Banking

Berlin-based online bank N26 has launched its new full-funnel, multi-channel global brand campaign, ‘This is how I bank’. The campaign showcases how N26’s innovative and customer-centric approach “to banking gives everyone the confidence and freedom to bank where, when, and exactly how they want to.”… Read More

Berlin’s Upvest to Provide Smart Money App Plum with Investments API, Enabling More Investment Opportunities

Berlin-based fintech Upvest is set to provide Plum, the smart money app, with its investment API, enabling Plum to expand its range of investment opportunities to EU customers. Plum currently offers 3,000 US stocks to EU customers. Following this partnership, Plum will have the functionality… Read More

Berlin’s Open-Source Web Builder Anytype Announces $13.4M Round Following Launch of Open Beta

Anytype – the peer-to-peer web builder designed to “restore our digital freedoms and put the power of our digital lives back in our hands” – is announcing it has raised a $13.4 million round led by Balderton Capital. Inflection and Square One also “participated, as… Read More

European Investment Platform Shojin, LINUS, Reinvest24 to Focus on Real Estate Initiatives

Investment platform Shojin has teamed up with LINUS as well as Reinvest24 in order to expand various real estate opportunities. Shojin, a UK-headquartered FCA-regulated investment platform, has announced its partnership with LINUS Digital Finance, a Berlin-based real estate investment platform, and Reinvest24, an Estonia-based real… Read More

European SME Financing: Silvr Signs Securitized Facility of Up to €200M with Citi, Channel

Founded in 2020, Silvr‘s mission is to make financing more accessible to SMEs. Silvr claims that it has rapidly become a European leader in short-term lending due “to its technology and innovative data processing tools.” This new securitized facility will “increase Silvr’s financing capacity., which… Read More

Berlin-based Fintech Savings Platform SaveBetter Rebrands as Raisin

The final phase of a multi-stage process is now complete, and online savings platform SaveBetter has officially rebranded as Raisin. This change comes as the Berlin-headquartered Fintech platform “streamlines its identity across all markets to capitalize on brand awareness.” Globally, Raisin operates “as a free… Read More

Berlin’s Upvest, Shares to Offer European ETFs, Stock Investments Across Europe

Shares, Europe’s community-powered investment app, chooses Upvest, the Berlin-based infrastructure fintech, “to expand its investment product offering and geographical presence.” Following its successful launch and rapid growth in the UK, Shares will “bring its social investment experience to the European stage through Upvest’s Investment-API.” For… Read More

Digital Bank N26 Chief Growth Officer Alexander Weber to Leave His Role By End of June 2023

After 9 years at the company, N26’s Chief Growth Officer, Alexander Weber, will be leaving his role at the end of June “to pursue his own entrepreneurial journey.” Having joined N26 in 2014 as one of its first team members, Alexander has “been an important… Read More

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