Tagged: berlin

Germany’s Digital-Only Banking Platform N26 Appoints New CFO as Maximilian Tayenthal to Serve as co-CEO

Digital-only banking platform N26 has appointed a new Chief Financial Officer as Maximilian Tayenthal becomes the Fintech firm’s co-CEO. Dr. Jan Kemper is N26’s latest executive hire. Berlin-headquartered neobank N26 confirmed that it promoted company co-founder Maximilian Tayenthal to serve as co-CEO along with current… Read More

Berlin’s Elinvar, a Fintech that Assists Wealth Managers with Digitizing their Business, Secures €25 Million in Capital

Berlin-headquartered Elinvar, a Fintech firm that aims to assist wealth managers and private banks with digitizing their business processes, has secured €25 million in capital. Elinvar’s platform outsources key processes such as client relationship management, digital onboarding, onsite advisory services, investment management, reporting, invoicing, online… Read More

SNGLR, a Digital Advisory and Tech-focused VCs Specializing in Longevity and Smart Mobility, Launch Global Platform

SNGLR Holding AG has confirmed the official launch of its business operations and is now fully operational with its headquarters based in Zug, Switzerland. SNGLR Holding also maintains  business offices in Boston (USA), Berlin, (Germany), Rome (Italy), and Dubai (UAE). The SNGLR Holding team includes… Read More

Insurtech: Berlin based FRIDAY, an Insurance Technology Firm, Hires Nate Glissmeyer and Robin Latz to Serve in Key Roles

Germany-based FRIDAY, an Insurtech firm which operates as a Baloise subsidiary, has hired  Nate Glissmeyer to serve as the company’s Chief Platform Officer and Robin Latz has also been recruited to lead the management at the insurance technology provider. The two new hires will be… Read More

Bruce Pon: CEO at BigChainDB Explains how Ocean Protocol Allows Developers to Build Marketplaces for Sharing Data

  We recently connected with Bruce Pon, Founder of Ocean Protocol (OCEAN), which allows software engineers to build marketplaces and other apps to privately and securely publish, exchange, and consume data. Pon is also the CEO at BigChainDB, which is an organization that allows app… Read More

Ethereum as a Service Platform SKALE Network to Use Custody Support Services from Finoa for SKALE’s Native Token

Finoa has partnered with Skale Labs in order to offer institutional-grade custody support for SKALE, which is the native token that’s used to power the SKALE Network. The SKALE Network is an Ethereum-as-a-service platform that has been developed to support the “exponential” growth of the… Read More

There are Now 127 Islamic Fintech Firms Globally, According to IFN Islamic Fintech, a “One-Stop-Shop” for Info on Shariah-Compliant Services

IFN Islamic Fintech, a “one-stop-shop” for industry knowledge, networking and communication in the global Islamic financial technology space, revealed on June 26, 2020 that there are now at least 127 Fintech firms globally that reportedly provide a Shariah-compliant product. IFN says that it will soon… Read More

Google Cloud to Offer Mambu’s Digital Banking and Lending Products Natively

Mambu, a Berlin-based SaaS cloud banking platform provider, has teamed up with Google Cloud. Through the partnership, Mambu clients will be able to use a cloud-agnostic platform to launch and expand existing banking and lending operations into other countries. Mambu will aso be able to… Read More

Brussels based Fintech iBanFirst Secures €21 Million in Capital via Series C led by Elaia, Bpifrance Large Venture

Brussels-based Fintech firm iBanFirst has secured €21 million in capital through a Series C round, which was led by Elaia and Bpifrance Large Venture. The funds raised will be used to expand iBanFirst’s financial services platform for SMEs. The company mainly focuses on supporting B2B… Read More

Berlin based Digital Bank Vivid Money Launches via Visa and solarisBank Partnership

Berlin-headquartered Vivid Money, a digital banking service provider that’s supported by Russia’s Tinkoff Bank, launched on June 8, 2020 through a partnership with solarisBank and payments giant Visa. Vivid Money says it’s the first mobile-based, full-service banking solution, providing cashback incentives, sub-accounts in major foreign… Read More

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

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