Tagged: germany

April 23, 2024 @ 8:23 am By Omar Faridi  |  

After a challenging period for the cryptocurrency / digital assets market last year, investor optimism and confidence in digital assets has returned – albeit with some reservations. This is shown by the results of a joint survey conducted by KPMG in Germany and BTC-ECHO, the… Read More

April 17, 2024 @ 7:38 am By Omar Faridi  |  

Bitpanda recently announce their strategic partnership with Landesbank Baden-Württemberg (LBBW), which is reportedly Germany’s largest federal bank and with a balance sheet of more than 330 billion Euros (as well as a key institution in the German banking sector). Through this collaboration, LBBW will “utilize… Read More

April 16, 2024 @ 7:58 am By JD Alois  |  

Berlin-based Fintech finmid has announced a €35 Million funding round following its emergence from stealth mode. Investors include Blossom Capital, Earlybird VC, and N26-founder Max Tayenthal.  finmid is an embedded finance platform that aims to provide platforms with an alternative to working with banks. The… Read More

April 10, 2024 @ 8:15 am By Omar Faridi  |  

N26, Europe’s digital bank, announced the launch of Joint Accounts in 21 new markets. Joint Accounts allow N26 customers to “manage both their personal finances as well as finances shared with a partner – all in the N26 app, and at no extra cost.” This… Read More

April 7, 2024 @ 9:14 am By Michael Wong  |  

Financial inclusion data provider Smile API has successfully closed a funding round with DEG‘s Up-Scaling program, a venture supported by the German Development Finance Institution. This initiative, co-financed by the German Ministry for Economic Cooperation and Development, channels investments into innovative Fintech and greentech ventures… Read More

April 4, 2024 @ 8:06 am By Omar Faridi  |  

N26 announced the launch of its Stocks and ETFs trading product in Germany. The company also announced “an increased interest rate of 4% on Instant Savings for N26 Metal customers from April 9th, 2024, as it continues to expand and improve its integrated savings and… Read More

April 3, 2024 @ 10:29 pm By Omar Faridi  |  

Commerzbank is updating its existing payment platform in Germany to process cross-border payments via the SWIFT network and to process high-value and urgent payments via the TARGET 2 or EURO 1 payment systems. To achieve this, the Bank is using the TRAVIC-Payment Hub developed by… Read More

April 3, 2024 @ 10:30 am By JD Alois  |  

GenoCrowd, an online real estate investment platform, is reporting that it distributed €1.38 million to investors at the beginning of April. GenoCrowd described the distribution as a “milestone.” The total amount consists of complete repayments from three projects and interest payments from two projects. The… Read More

March 29, 2024 @ 7:34 am By Michael Wong  |  

Bavest, a Frankfurt/Munich-based business-to-business fintech firm, has announced raising €1.1 million (about $1.2 million) in a pre-seed funding round, signaling strong market confidence in its innovative financial infrastructure solutions. The investment round draws support from a notable group of backers, including Bitpanda co-founder Christian Trummer,… Read More

March 28, 2024 @ 9:00 am By Omar Faridi  |  

Bitbond is working with NYALA for issuers of crypto securities (digital securities) under the German Electronic Securities Act. Combining Bitbond’s “bank-grade” tokenization infrastructure with NYALA’s BaFin-regulated Crypto Securities Registry services, their clients would aim to “benefit from a scalable issuance platform for bonds, certificates, and… Read More

March 25, 2024 @ 8:46 am By Omar Faridi  |  

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

March 22, 2024 @ 11:45 am By Omar Faridi  |  

Micropayment, the Berlin-based payment processor, has partnered with Tink, a payment services and data enrichment platform, to add Pay by Bank to its payments offering. Operating primarily in Germany, Austria, and Switzerland, Micropayment works with merchants across industries “including fundraising and non-profit, digital services, gaming… Read More

March 17, 2024 @ 9:48 am By Omar Faridi  |  

N26 has reportedly launched Instant Savings in 13 new markets, offering customers up to 4% interest on deposits. Digital bank N26 recently confirmed in a blog post “the launch of its Instant Savings accounts in a further 13 markets across Europe.” From now onwards, customers… Read More

March 13, 2024 @ 8:21 am By Omar Faridi  |  

Tide, the UK’s business financial platform, is to launch in Germany, with the country becoming Tide’s second market outside of the UK, following the successful start of its operations in India in 2022. In the UK, Tide offers small businesses “that don’t have a finance… Read More

March 7, 2024 @ 8:27 am By Omar Faridi  |  

wefox, an Insurtech firm, has announced the appointment of Mark Hartigan as its Executive Chairman and Chief Executive Officer. Julian Teicke will be transitioning into “the non-executive role of President, and remain Vice Chair of the Board of Directors after nine successful years of steering… Read More

March 4, 2024 @ 11:10 am By JD Alois  |  

A payments provider and once one of the most successful Fintechs in Germany, Wirecard collapsed into a pile of allegations of fraud and misconduct. Wirecard, at one time part of the DAX and valued in the billions of dollars, became a huge embarrassment for regulators… Read More

February 26, 2024 @ 2:13 pm By Omar Faridi  |  

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

February 22, 2024 @ 3:13 pm By JD Alois  |  

The European Union has doled out the new Authority for Anti-Money Laundering and Countering the Financing of Terrorism (AMLA) to Frankfurt, Germany. According to the EU, nine member states were in the running for the new bureaucracy. The competing cities included; Belgium (Brussels), Germany (Frankfurt),… Read More

February 22, 2024 @ 7:11 am By Omar Faridi  |  

wefox, which claims to be among the leading Insurtech firms, has appointed Dominik Ulrich as Chief Risk Officer (CRO), with immediate effect. Prior to this role Mr. Ulrich was working as Head of Internal Audit at wefox. Mr. Ulrich will now be expected to “lead… Read More

February 14, 2024 @ 8:32 am By Omar Faridi  |  

wefox and Wind Tre have selected HDI Embedded as an insurance partner. The partnership enables greater coverage and “extended warranty solutions for customers of Italian mobile operator Wind Tre.” wefox, which claims to be the world’s leading insurtech, and Wind Tre, the Italian multi-service operator… Read More