April 19, 2018 @ 9:41 am By JD Alois  |  

Yes, we are still here, not gone actually … stated SaveDroid CEO and founder Yassin Hankir. SaveDroid in a bizarre PR stunt vaporized its website alleging the company had fled along with the gains of its recently completed initial coin offering. The internet erupted into collective anger… Read More

April 18, 2018 @ 10:21 pm By JD Alois  |  

SaveDroid appears to be the latest in a long line of initial coin offering scams. Adding insult to injury, the website home page posted a mocking image stating “aannnd its gone” while the CEO tweeted photo stating Thanks guys! Over and out … #savedroidICO –… Read More

April 17, 2018 @ 9:52 am By JD Alois  |  

Neufund, a Berlin based Blockchain equity crowdfunding platform, has announced it will establish a “strong presence” in Malta to support its rapidly expanding ecosystem. Neufund has taking an interesting approach by enabling the tokenization of equity and raising capital on the blockchain. Malta has quickly… Read More

April 16, 2018 @ 8:50 am By JD Alois  |  

Dow Jones VentureSource is out with their quarterly report and their numbers indicate a decline in venture capital funding during the first quarter of 2018. According to the report, investment declined by 16% in the number of funds and delivered a 29% drop in capital… Read More

April 11, 2018 @ 10:30 am By Cali Haan  |  

  Speaking Saturday at the Cryptochicks Conference in Toronto, Zoe Adamovicz, CEO of Neufund, an online equity token-investing platform based in Germany, characterized the current regulatory crackdown in the US as as much about “protecting investors” as a matter of “jurisdictional competition,” where countries, negotiate… Read More

April 9, 2018 @ 9:24 am By JD Alois  |  

Blockchain Bundesverband has published an extended version position paper on regulating initial coin offerings (ICOs). This is a follow on publication from a shorter document published this past February. The group seeks to advocate for a regulated market for ICOs in Europe. The aim of this… Read More

March 29, 2018 @ 7:28 am By JD Alois  |  

Spotcap, an SME focused online lender based in Berlin, recently held a roundtable on the future of finance. Individuals from prominent firms joined with the Fintech lender to assess progress made so far. Representatives from Deutsche Bank, Figo, GP Bullhound, McKinsey along with Spotcap debated… Read More

March 26, 2018 @ 8:55 am By JD Alois  |  

Penta, a Berlin-based Fintech, has announced a new feature to digitize company formation in Germany. Penta has launched “Compass” a platform that enables businesses to incorporate, create a share structure and open a bank account in less than 24 hours unlike the weeks long process… Read More

March 26, 2018 @ 7:51 am By JD Alois  |  

Purplebricks Group plc (AIM: PURP), a “hybrid estate agent,” has received a £125 million strategic investment from German conglomerate Axel Springer via its subsidiary of Fünfundachtzigste Vermögensverwaltungsgesellschaft mbH. Following the investment, Axel Springer will own approximately 11.5% of Purplebricks. Concurrently, Purplebricks will appoint Dr Andreas… Read More

March 19, 2018 @ 9:29 am By Samantha Hurst  |  

German mobile bank N26 has secured €110 million during its Series C funding round, which was co-led by Allianz X, the digital investment unit of Allianz Group, and Tencent Holdings Ltd., a provider of internet value-added services in China. This news comes nearly six months after… Read More

March 15, 2018 @ 12:00 pm By Samantha Hurst  |  

On Thursday, Germany’s Deutsche Kreditbank AG announced it has teamed up with FinReach to launch a new chatbot called Herbie. The company described Herbie as a customer assistant based on artificial intelligence that will accompany interested parties online on their way to a private loan. While sharing… Read More

March 15, 2018 @ 8:31 am By JD Alois  |  

Frankfurt, Germany based Robo-Advisor Ginmon has hired Dmitriy Fot as CTO. Fot previously worked as a cloud architect at Amazon Web Services (AWS) Germany. Ginmon says the appointment of a high profile expert for a Fintech company is quite rare. Ginmon’s mission is to provide investors… Read More

March 8, 2018 @ 10:17 pm By Samantha Hurst  |  

solarisBank, a German digital-only bank, announced on Thursday it has successfully secured  €56.6  million through its Series B funding round. Participants from the round include current investors Arvato Financial Solutions and SBI Group, renowned global companies BBVA, Visa, Lakestar and ABN AMRO’s Digital Impact Fund (DIF) have… Read More

March 1, 2018 @ 9:05 am By JD Alois  |  

Faytech, a supplier of industrial touch screen solutions and a global leader in optical bonding touch panels, has selected Fundernation to help crowdfund its growth capital. Fundernation is the first German investment crowdfunding platform that is founded by a venture capital team. Fundernation’s investment focus is in… Read More

February 21, 2018 @ 9:14 am By JD Alois  |  

Savings marketplace Raisin has launched in the UK. The Berlin based Fintech has been expanding across the European continent but today they have crossed the British Channel to offer their services to UK savers. Raisin provides an interesting service that leverages technology to help savers… Read More

February 20, 2018 @ 6:13 am By JD Alois  |  

Germany’s BaFin (Bundesanstalt für Finanzdienstleistungsaufsicht), or the Federal Financial Supervisory Authority, is the largest financial supervisory authority in continetal Europe. Today, BaFin has published a note on initial coin offerings (ICOs). BaFin joins a growing number of national regulatory agencies that have published some degree of clarifications… Read More

February 17, 2018 @ 7:28 am By Samantha Hurst  |  

Wirecard, a Germany-based global provider of digital payments and commerce solutions, announced this week it has expanded its expanding its collaboration with German bank, ReiseBank. The duo recently rolled out the mobile banking app bankom. According to Wirecard, the companies are providing users with a completely… Read More

February 16, 2018 @ 7:46 am By Therese Torris  |  

After France, Spain and Italy, Lendix is launching operations in Germany and the Netherlands. The company reaffirms its strategy to be first to market with a pan-European strategy, leveraging its marketplace business model through the addition of local teams. “We’re not pivoting. We’re remaining true… Read More

February 15, 2018 @ 1:00 am By JD Alois  |  

BinckBank N.V.  is poised to disrupt the Dutch savings market as the online bank will be the first to offer its clients access to European savings products via a partnership with Raisin. BinckBank serves more than 614,000 account holders with assets of € 22.7 billion as of… Read More

February 11, 2018 @ 3:59 pm By JD Alois  |  

  The Blockchain Bundesverband has published a position paper on initial coin offerings regarding important regulatory considerations.  The focus is largely on the European Union, and specifically Germany, but the discussion has global considerations regarding exchanges and public policy in general. Much of the world… Read More