Tagged: germany

WeltInvest: Fintech Raisin Offers Savings Plan for German ETF Platform with Assistance from Vanguard

Competition for Robo Advisors Raisin, a Fintech that provides better access to higher interest rates for savers, is expanding the line of its services with a new product that will make investing easier for everyone. First starting on Weltsparen, Raisin’s platform serving Germany, the company… Read More

Italian Bank Startup Illimity Forms Partnership with Raisin

illimity, a banking start-up listed on Borsa Italiana’s MTA exchange, has formed a partnership with Raisin, Fintech marketplace for online savings and investments in Europe. illiminity is a “new generation Italian bank” formed by the merger between SPAXS and Inter-provincial Bank. It plans to reach… Read More

Following IPO, German Fintech creditshelf Holds First Annual Meeting

creditshelf Aktiengesellschaft (CSQ.F), a Fintech marketplace for small and medium-sized enterprises (SMEs) in Germany, has held its first annual general meeting in Frankfurt am Main following its IPO in July 2018. The company reports solid shareholder participation as 52.16 % of share capital was represented… Read More

“Wall Street Market,” World’s Second Largest Dark Net Market, Closed After Busts in Germany and US; Six Figures in Cryptocurrency Seized

Police in Germany and the US moved in this week to arrest three men in Germany they believe operated “Wall Street Market,” the world’s second largest Dark Net market for drugs and other illicit products, The Telegraph reports. Two more men associated with the case,… Read More

Switzerland: BlockState Launches Platform to Tokenize Privately Owned Assets, Announces First Equity Token Offering by Streetlife International

BlockState, a new Switzerland based tokenization platform, has announced the first security token offering (STO) from Berlin-based Streetlife International. BlockState is an online capital formation platform for privately owned assets. The company says it will tokenize assets under existing Swiss regulation. The first STO is… Read More

FinTechRat: Germany Publishes Statement on Blockchain Strategy

A document recently published by the Fintech Council of the German Federal Government has outlined the country’s potential approach to blockchain technology. The document is a consultation entitled “Stellungnahme des FinTechRat zur Blockchain-Strategie der Bundesregierung im Rahmen der öffentlichen Konsultation.” The “FinTechRat” is an advisory… Read More

Digital Investment Bank wevest Goes with Stellar Blockchain for Security Tokens

Digital investment bank wevest has announced it has selected Stellar as its preferred iteration of blockchain for issuance of security tokens. In a blog post, the Berlin-based Fintech stated: “After extensive diligence and testing, wevest has identified Stellar as the most suitable platform for its… Read More

Stuttgart Stock Exchange and Digital Asset Trading: A Discussion with Alexander Höptner, CEO of Börse Stuttgart

It is not just disruptive startups that are looking to create value in the digital asset sector. More traditional firms are taking the plunge, dedicating capital and investing in the future of finance. In the secondary market and primary issuance sector, there are numerous young… Read More

Bitbond’s Security Token BB1 Will be Immediately Tradable Upon Issuance

Bitbond announced the first BaFin approved security token in February. The digital asset, BB1, is a debt based offering with a targeted return of 8% per annum which includes a 4% coupon and a participation percentage (60%) baked into the crypto. BBI was issued with… Read More

Raisin and Commerzbank Launch Online Savings Platform for Corporate Clients

Commerzbank has partnered with Fintech Raisin to provide the first deposit portal for corporate clients in Germany. Raisin, in a release, said that their service has gained in popularity with consumers and now corporate clients are jumping in. Commerzbank is Germany’s largest bank in the… Read More

Investigation Questions the Nature and Soundness of Wirecard Asian Partnerships

An on-the-ground investigation by London news outlet Financial Times has shown that several payment referral partnerships maintained by German payments giant Wirecard in the Philippines are either insubstantial or dubious. On Friday, it was revealed that a top accounting executive with the firm had departed…. Read More

German Fintech FinLeap Announces Acquisition of Digital Business Banking Solution Penta

FinLeap, the fintech start-up platform behind Germany’s SolarisBank, announced on Tuesday it has acquired digital business banking solution, Penta. According to FinLeap, Penta offers fast and easy business banking for digital companies. Penta, which counts over 5,500 digital businesses like AirHelp, bepro11, and Global Digital… Read More

German Crowdfunding Association Issues Self-Regulatory Transparency Quality Label

At the InnoFinance Summit 2019 on March 26, 2019, the German Crowdfunding Association  (Bundesverband Crowdfunding) introduced its new “Transparency Seal”. The Transparency Seal is a self-regulatory label awarded by the association to member platforms which respect a set of quality and customer protection standards. With this… Read More

First Data Acquires Operator of YesCash & Cash4Less – ayCash

First Data (NYSE:FDC), has acquired ayCash, a Germany-based provider of cashless payment terminals and digital merchant services. A First Data representative said ayCash has a growing client base, serving the increased demand for cashless technology in Germany and the region. Founded in 2008 by Hans… Read More

Bitbond BaFin Approved Security Token Offering, Seeks €100 Million, chooses BitGo Wallet

Bitbond, an online lending platform, has launched one of Germany’s first Security Token Offerings (STO). The Bitbond STO has published a BaFin approved Prospectus in conjunction with the offering representing an important step in the validation of the emerging digital asset ecosystem. The Bitbond STO… Read More

German Insurtech Platform wefox Group Secures $125 Million Through Series B Investment Round

wefox Group, a Germany-based insurtech firm, has successfully secured $125 million through its Series B funding round. China-based fintech CreditEase reported that its direct investment arm, CreditEase Fintech Investment Fund (CEFIF) participated in the round, with Goldman Sachs International acting as a private placement adviser… Read More

Deutsche Borse Partners with Swisscom and Sygnum on Digital Asset Ecosystem

Deutsche Börse, Swisscom and Sygnum are partnering on the creation of a “trusted digital asset ecosystem” to build a platform to provide digital asset issuance, liquidity and banking services. The partnership is indicative of the growing acceptance by mainstream finance regarding the potential of distributed… Read More

Companisto Successfully Closes INVEST Campaign & Plans New Dimension of Startup Financing

Companisto, the largest German crowdfunding platform, successfully closed its INVEST grant self-funding round over the weekend. 520 investors rallied and raised €4,833,195 during the campaign. Crowdfund Insider reached out to the Companisto regarding the raise: “We think our financing round and Ameria’s financing round are a… Read More

Companisto’s INVEST Crowdfunding Campaign Surpasses €4.4M

The largest German crowdfunding platform Companisto is in the midst of an INVEST grant self-funding round, the platform’s own equity investment. To date, over €4,420,000, overfunding by 164%, has been raised by more than 448 investors. The amount continues to increase with each click through…. Read More

Raisin Buys a Bank: MHB Bank of Frankfurt Purchased by the Fintech

This is a story that has only happened a couple of times. A Fintech, Raisin, has purchased a traditional bank, according to a release from the firm. Raisin recently closed on €100 million funding round. The acquisition of MHB by Raisin is still subject to… Read More

Send this to a friend