Tagged: germany

Berlin based BNPL Billie Raises $100 Million at $640 Million Valuation

Berlin-based BNPL (Buy Now Pay Later) Billie has raised $100 million at a $640 million valuation according to a note from the Fintech. Simultaneously, Billie said it had received refinancing lines of $200 million per month. The capital will be provided by a consortium of German… Read More

EstateGuru Finances 95 Loans Worth €21.2M in September 2021

EstateGuru, a property-backed loan marketplace catering to retail investors, notes that in September 2021, they came very close to “breaking the record set in March 2021, financing 95 loans worth a total of €21.2 million.” The team at EstateGuru writes in a blog post that… Read More

Financial Services Firm Bling Card Requests Treezor to Create Pocket Money App for Kids, Teens

Bling Card has teamed up with SocGen-owned banking-as-a-service (BaaS) firm Treezor in order create a prepaid pocket money card and financial education app for children in Germany. With the Bling Card, kids and teenagers are able pay independently and securely at merchant outlets in Germany…. Read More

Digital Bank N26 Raises “Record Breaking” $900 Million Round at $9+ Billion Valuation

Digital banking continues to be a hot sector of Fintech as Germany-based N26 has announced a $900 million “record-breaking” funding round at a whopping $9+ billion valuation. The capital infusion was led by Third Point Ventures and Coatue Management, with Dragoneer Investment Group joining as… Read More

Remagine, SolarisBank Debut Accounts For Purpose-Driven European Startups

As our world becomes more purpose-driven, ethically aligned companies will want to bank with an institution that shares their values. Remagine wants to be that bank, co-founder Sebastian Dienst said. Based in Berlin, Remagine’s goal is to reshape financial services through founder-friendly and tech-driven financial… Read More

Nord/LB Chooses Planixs Real-Time Software Solution to Support Treasury Transformation Program

Planixs, the provider of real-time, intraday cash, collateral and liquidity management services, has revealed that its Realiti software suite has been chosen by Nord/LB as the bank “embarks on a digital transformation project to overhaul its treasury operations.” NORD/LB Norddeutsche Landesbank is reportedly one of… Read More

Insurtech: Digital Insurance Provider GetSafe Extends Series B Round to $93M

Getsafe, a digital insurance service provider that’s focused on serving Millennial buyers in Germany and the United Kingdom, confirmed that it has now extended its Series B round to $93 million. You might have heard already: We are excited to share that we extended our… Read More

Auto1 FT Wants to Provide Car Financing on Blockchain

Berlin-based Auto1 FT (Auto1 Fintech) says it has created a platform to replace paper documents with blockchain for the auto financing process. Auto1 is in the business of providing fast financing for a vehicle purchase. In a release, Auto1 FT claims to be the first… Read More

Bankhaus von der Heydt, Founded in 1745, Incorporates Digital Asset Services in Partnership with Fireblocks

Bankhaus von der Heydt, a privately owned bank founded in 1754, has added digital assets to the list of its services offered. According to a company release, the bank will leverage ‘ custody solution in combination with the Fireblocks Network to expand digital asset and… Read More

Deutsche Börse to Use Digital Asset to Support Post Trade Platform in Push Towards Digital Security Future

Deutsche Börse has selected Digital Asset to power its post-trade platform labeled “D7”. Deutsche Börse has long been interested in the digital security realm and has been pushing forward with the transition towards a digital-only ecosystem. According to a note distributed by Digital Asset, the… Read More

Online Lender creditshelf Reports Strong Q3 Loan Originations

creditshelf, an online lender serving SMEs in Germany, is reporting solid Q3 results as loan originations rise. According to a note distributed by creditshelf, new loan business during the 9 months of the fiscal year 2021 grew by 58% to € 110.9 million ( versus… Read More

Instant Payments Volume to Surge 470% in 5 Years, CBDCs May Also Streamline Cross-Border Transactions: Report

There have been many new developments in the banking and Fintech space with new research predicting growth across various areas of the fast-evolving sector. The team at payments specialist Banking Circle notes that they were recognized at Money 20/20 by two industry awards. Banking Circle… Read More

Mambu Teams Up with ModusBox to Support Digital Transformation and Improve Access to Data for Financial Institutions

ModusBox is teaming up with Mambu, the global Fintech platform. Through their partnership, the companies aim to support the next generation of financial institutions in order to challenge the status quo. Mambu and ModusBox intend to bring a combination of domestic and international experiences and… Read More

UK’s Digital Bank Starling to Expand Business Operations into Europe

UK-based digital bank Starling is expanding its business operations into Europe. As of H1 2022, “subject to regulatory approval,” Starling intends to make its Banking as a Service (BaaS) solution offering available in the European Union, which includes France, Germany, The Netherlands and Spain, according… Read More

Cloud enabled Financial Risk Platform Feedzai and Berlin’s BaaS Fintech SolarisBank Announce Partnership

Feedzai, a US Cloud-powered financial risk management platform, and Berlin’s Banking-as-a-Service (BaaS) service provider Solarisbank have entered a multi-year partnership (announced at Money20/20 Europe). Through the partnership, Solarisbank will be leveraging Feedzai’s innovative tech, which will allow them to apply a proper risk management approach… Read More

UK Fintech Modulr to Bring Fast-Tracked Financial Technology to Europe with Netherlands Expansion

Fintech firm Modulr has now opened business offices in the Netherlands, which will serve as “the springboard for its EU-wide expansion in 2022 and 2023.” Following steady business growth in the United Kingdom during the last 5 years, Modulr is expanding rapidly, putting significant investment… Read More

Young European Exchange Equiduct Starts Trading ETFs

Equiduct, a retail securities exchange, is now offering Exchange Traded Funds (ETFs) and Exchange Traded Products (ETPs) trading on Apex – Equiduct’s on-exchange Best Execution service with zero trading fees for retail brokers. Equiduct is a market segment of Börse Berlin. Equiduct states that ETFs… Read More

HCL Technologies Commits to Application Services Partnership with Lendico, a Brand of ING Germany

HCL Technologies, a global tech firm, has agreed to a multi-year application services transformation partnership with Lendico, which is a brand of ING Germany, in order to deliver application and engineering services to help it create a digital platform that makes business banking faster and… Read More

Antler Berlin Announces First Group of Investments Including Fintechs

Antler, an early-stage VC, has announced its inaugural portfolio of investments for Antler Berlin. Launched in 2017 in Singapore, Antler holds a mission to enable and invest in the world’s most exceptional people building the defining companies of tomorrow. Antler reports that it received almost… Read More

Etherisc, BCCM to Develop Blockchain-Based Insurance Prototype

Etherisc, an open-source, decentralized insurance protocol, and ecosystem, together with the Blockchain Competence Center Mittweida (BCCM) at Mittweida University of Applied Sciences, today announced the launch of a joint project to develop a blockchain-based insurance prototype. This project aims to provide refined alternatives to traditional… Read More

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