Tagged: germany

Wirecard Announces Digital Installment Payment Plan in Germany

Germany-based global provider of digital payments and commerce solutions Wirecard announced on Friday it has launched a new installment payment plan for online shops in Germany. According to Wirecard, the new offering is available through its digital financial commerce platform, benefits both merchants and consumers thanks… Read More

Germany: Huge Real Estate Developer Bauwens Group Invests in Security Token Issuance Platform Fundament Group

Huge German real estate developer, Bauwens Group, has invested in security token issuance platform Fundament Group ostensibly with the intent of issuing digital assets backed by real estate. Details on the investment were not disclosed. Bauwans Group has an estimated €6.7 billion in managed project… Read More

Two New CEOs Appointed at Deutsche Handelsbank as Bank Focuses on Fintech, SMEs

Deutsche Handelsbank has appointed two co-CEOs. Deutsche Handelsbank is an interesting institution that is focused on Fintech. Originally launched as a payment transaction service provider, today the bank provides SME loans, including factoring, as well as savings accounts. On top of this, Deutsche Handelsbank provides… Read More

Yolt Now Provides Access to Raisin with Integration of Savings Accounts

In partnership with Raisin, Yolt has launched access to competitive savings accounts in the UK, Italy and France. Raisin announced a new relationship with Yolt this past summer. Yolt users may now apply for a Raisin account accessing a range of deposit products, select from… Read More

Germany’s Bavarian State Bank’s Report: Bitcoin Is Designed as an “Ultra-Hard Type of Money,” Poised to “Take a Big Leap” in 2020

BayernLB (Bavarian State Bank), a publicly regulated bank in Munich, Germany, recently published a report that analyzes the claim made by some investors that Bitcoin is outperforming gold. The report states that the “hardness” of an asset in the traditional commodities market is determined using… Read More

STO: Bitbond Issues First Bond Coupon Payment on Chain

Bitbond, the first security token offering in Germany to have its prospectus approved by Bafin, has issued its first on-chain coupon payment according to a tweet. Bitbond is a unique global online lender that recently completed a security token offering (STO) for a debt offering… Read More

Germany’s WEG Bank AG Is Planning to Process Bitcoin Payments for Its Retail Clients

WEG Bank AG, a German bank that’s partly owned by blockchain-related organizations Nimiq, TokenPay, and the Litecoin Foundation, is reportedly preparing to accept cryptocurrency transactions on behalf of its clients next year.  WEG Bank AG CEO Matthias von Hauff said that the bank’s program is… Read More

Germany: Kreditech Gains €20 Million in Equity Financing, Plans Global Expansion

Online lender Kreditech has raised €20 million in its latest funding round, according to a note from the company. Apparently, the additional capital will help the Fintech scale globally in its goal to provide credit to near-prime customers. The funding was co-led by Runa Capital… Read More

Robocash Claims P2P Lending Growing in Popularity in Germany as Interest Jumps by 6.5X Since 2015

Peer to peer platform Robo.cash has published a report indicating growing interest from Germany regarding P2P lending. In a study conducted by the platform, the company said that in 2015 the monthly number of requests related to P2P lending in the country was less than… Read More

SME Focused Digital Bank Penta Tops 10,000 Business Customers

Berlin based digital bank Penta has announced that after only 18 months of operation it has acquired over 10,000 business customers. User numbers have increased over 200% in the past two months, according to a release. Penta is a partner of Berlin-based solarisBank. In August,… Read More

Report: Germany Frontruns Libra, Passes Law Forbidding Private Currencies

As part of a “blockchain strategy” passed Wednesday, German Chancellor Angela Merkel’s cabinet has forbidden the issuing of currencies by private companies, Reuters reports. The move is likely a direct response to the announcement of Facebook’s Libra, a proposed in-app “stablecoin” cryptocurrency the company plans… Read More

Germany: Sutor Bank Comments on German Government’s Blockchain Strategy

According to reports, the German cabinet announced its blockchain strategy today. The Economy Minister Peter Altmaier and Minister of Finance Olaf Scholz both said they see huge potential related to blockchain technology. It is believed that the energy sector can benefit from blockchain but the… Read More

STO: Neufund Receives Clearance from Financial Monetary Authority in Liechtenstein, Offers First Compliant Blockchain based Offering to Retail Investors

Security token offering (STO) platform Neufund has received regulatory clearance from the Financial Monetary Authority (FMA) in Liechtenstein to offer securities to retail investors.  The first retail issuer on Neufund is Greyp, an electrical mobility platform that is backed by Porsche, Camel Group and T-mobile…. Read More

German Government Speaks Against the Authorization of Facebook’s Stablecoin Libra

Germany’s government has spoken against the authorization of the ongoing development of Facebook’s controversial stablecoin project Libra in Europe. Christian Democratic Union parliamentarian Thomas Heilmann, who’s responsible for creating CDU’s policies on blockchain technology, said the German government will not allow projects like Libra to… Read More

Dutch Medtech Firm is First Pan European Crowdfunding Offering on aescuvest

Germany based investment crowdfunding platform aescuvest has kicked off pan-European securities offerings with Surge On Medical. The Dutch Medtech has developed technology aimed at setting new standards in precision and robotic surgery. Surge-On seeks to raise up to €5 million on aescuvest. A launch event,… Read More

Germany: Global Real Estate Investment Platform iFunded Lists New Offering, Both Retail & Institutional Investors May Participate

Real estate investment platform iFunded has listed a new property investment opportunity – both retail and institutional investors may participate in the security offering. According to iFunded, the property being financed is an apartment building in Berlin with five units, three of which have already… Read More

Raisin Bank: Fintech Raisin Rebrands Acquired Bank to “Sharpen Focus” on Offering Banking as a Service

Within the Fintech industry, there is a lot of movement in the banking sector. The conventional wisdom is that old banks are over-burdened with far too many branches that consumers want to avoid and challenged with green screen technology that IT Directors live in fear… Read More

Fintech Raisin Acquires German Retirement Savings Specialist fairr in Move to Expand Services

Raisin, a Fintech that provides an online marketplace for savers seeking better returns, has acquired fairr a retirement savings Fintech. Both companies are headquartered in Germany. The acquisition by Raisin comes following a recent funding round of €25 million from Goldman Sachs. The terms of… Read More

N26 Moves Out of Beta & Fully Launches to U.S. Consumers

Less than a month after it opened its platform in the U.S., digital-only banking group N26 announced it has made its mobile banking app available to U.S. consumers nationwide. Starting today, U.S. residents may now download the app and apply for an N26 account and… Read More

Wirecard Announces Fast Track PSD2 Onboading Through Financial Commerce Platform

Germany-based global provider of digital payments and commerce solutions Wirecard announced it automatically offering all new customers a fast track to PSD2 onboarding through its digital Financial Commerce Platform. “From 14 September 2019, new rules will apply in the European Union that stipulate that every online… Read More

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