Tagged: germany

Overfunding: German Community Bike-Sharing Platform listnride Secures €150,000 Funding Target on Seedrs

Less than one month after launching its equity offering on crowdfunding portal Seedrs, listnride, a Germany-based bike-sharing community platform, has successfully secured its initial €150,000 funding target. As previously reported, listinride describes itself as a bike sharing platform that connects bikes cycling enthusiasts. Users may book a variety… Read More

German Crowdfunding Platform Aescuvest Combines Institutional & Private Investors to Fund Health & Medical Startups

German Investment crowdfunding platform Aescuvest has recently listed an offer to invest in Rodos Biotarget GmbH. The company has reportedly developed a platform technology under the name TargoSphere, which allows the targeted transport of active substances with “nanotransporters”.  These nanotransporters. Rodos Biotarget is emblematic of the… Read More

Debitos, an Online Debt Marketplace, Sees Opportunity in EU Consultation on Banks Offloading Non-Performing Loans

Last month, the European Commission, Financial Stability, Financial Services and Capital Markets division, launched a consultation on non-performing loans being held by banks. The Commission is seeking feedback on the development of secondary markets for distressed debt. Policymakers view this as essential in tackling the… Read More

Ready to be Disrupted: Europe’s First Digital Only Insurance Company “ONE” to Launch Next Month

ONE (part of the Wefox Group) wants to change the way the world uses and purchases insurance and apparently the company is going to launch in September.  Starting in Europe, ONE, the newest Insurtech startup, says it will reinvent insurance many different ways. The insurance… Read More

Zinsbaustein: Continues Rapid Growth with Property Development in Leverkusen

Young real estate crowdfunding platform Zinsbaustein continues to pick up speed as the real estate crowdfunding sector grows in Germany. Zinsbaustein’s most recent project is a revitalization of a development in Leverkusen (near Cologne) labeled Cube Offices 574. Individual investors may participate in the form of a… Read More

Billie to Offer SMEs Invoice Financing with Support from Wirecard

Berlin based Billie will now offer SME invoice financing following an agreement inked with Wirecard. Billie will offer SMEs and freelancers the opportunity to pre-finance their invoices by purchasing all liabilities from third parties and settling the outstanding amount. Wirecard, a supplier of digital payment solutions,… Read More

German Real Estate Platform iFunded Tackles Large Project With Bond Issue. Founder Talks About Adopting No-Exemption Status

A new entrant in German online real estate lending, iFunded wants to address the market of larger property development projects that lie beyond the scope of real estate crowdfunding. Partnering with umbrella investment bank NFS Netfonds Financial Service, the platform is launching its first €10… Read More

MeineSpielzeugkiste Toy Sharing Platform Surpasses €1.5M on Companisto

MeineSpielzeugkiste (MyToyBox), a children’s toys sharing platform, has retuned to Companisto for a second round of equity crowdfunding. MeineSpielzeugkiste has established itself in the market and cooperates with almost all major toy manufacturers, offering 250 toys from brands including Playmobil, Ravensburger, Hasbro, Haba and LEGO. Families… Read More

German Community Bike-Sharing Platform listnride Quickly Nears €150,000 Funding Target on Seedrs

listnride, a Germany-based bike-sharing community platform, has launched an equity crowdfunding campaign on Seedrs. Seeking  €150,000, the platform has already attracted more than €100,000 from close to 50 investors. The company describes itself as a bike sharing platform that connects bikes cycling enthusiasts. Users may book… Read More

auxmoney & Digital Challenger Bank N26 Partner to Provide Credit to Users

N26, a digital only challenger bank, has expanded its range of consumer loans through a partnership with auxmoney, an online lender serving Continental Europe.  As with all other products of N26 customers can access credit with just a few clicks directly on the N26. In… Read More

Banco BNI Europa to Invest Up to €15 Million via SME Lending Platform Creditshelf

  Banco BNI Europa has formed a strategic partnership with marketplace lender Creditshelf to help provide financing to German SMEs. Creditshelf is an SME lending specialist and BNI Europa is slated to invest up to €15 million into German SMEs over the coming months. Launched in 2014,… Read More

Zinsbaustein Crowdfunds Real Estate Project in Munich

Real estate crowdfunding in Germany is expected to experience rapid growth this year. Following a precarious moment where regulators were considering blocking real estate from the crowdfunding space, we are seeing a growing number of property deals come accross our desk. Zinsbaustein.de, luanched in 2016,… Read More

Raisin, A Global Open Banking Forerunner

Pan-European marketplace for savings products, Raisin has become the poster child of Fintech disruption as it managed to convince 75,000 investors to put more than €3 billion into savings accounts held at foreign banks. We spoke with Tamaz Georgadze, co-founder and CEO, who explained to… Read More

Rocket Internet Sells International P2P Lending Platform Lendico to Arrowgrass

The German press reports that German incubator Rocket Internet is selling its participation in the multinational P2P lending platform Lendico to British hedge fund Arrowgrass. Arrowgrass already owns a small share of Lendico and wants to take over the company. Founded in December 2013 by… Read More

Funding Circle Germany Takes a Fresh Start

  Germany is a huge SME and VSME (very small business) credit market. But it is not as mature a market for online marketplace lending as the UK, the US, or even the Netherlands. This partly explains why Funding Circle Germany’s early loan book underperformed…. Read More

Companisto Shares Characteristics of Crowdfunding Investors

Companisto, a leading investment crowdfunding platform based in Berlin, has shared data captured by a survey of their investors.  The survey, taken from 2,300 of its registered investors (out of more than 70,000) highlights some interesting information. According to Companisto, the following information was uncovered:… Read More

Germany Financial Organizer Zuper Launches Seedrs Campaign & Quickly Secures €250,000

Zuper, a data-driven financial organizer that helps people control their money and improve their financial health, has launched an equity crowdfunding campaign on Seedrs, seeking to raise €500,000. Founded in 2016, the company stated it is creating a new kind of personal finance management platform… Read More

Wirecard Partners with WeChat Pay to Allow European Retailers Access to 938 Million Users

Wirecard has announced an agreement with Tencent’s WeChat Pay, one of the leading mobile payment solutions in China. WeChat or Weixin are deeply integrated into Chinese people’s daily life with a combined monthly active users of over 938 million. The mobile payment solution, WeChat Pay, has… Read More

German Consumer Lender Auxmoney Passes the Half-Billion-Euro Mark

German online consumer lending marketplace auxmoney announced that it has crossed a new milestone: the marketplace has granted more than 70,000 loans worth more than €500 million in cumulated volume. Raffael Johnen, CEO of auxmoney, commented: “Half a billion euros worth of loans. This demonstrates… Read More