Tagged: germany

Insurtech: Deutsche Bank Partners with Berlin based Friendsurance to Complement Banking Services

Deutsche Bank has announced a new strategic partnership with Insurtech firm Friendsurance. The arrangement will see the two companies working together to advise clients and help them take out and manage insurance policies. Deutsch Bank’s goal is to make it more simple, transparent and convenient… Read More

German Sutor Bank Launches Micro Investment App in Fintech Push

Hamburg, Germany based Sutor Bank (founded in 1921) has launched a new “micro-investment app” described as delivering an “investment to go’ feature for users. Sutor Bank said it is expanding its range of Fintech collaborations by partnering with startup savemate providing the investment app that… Read More

German Challenger Bank Penta Throws Shade at Transferwise Borderless Debit Card Announcement

Yesterday, Transferwise, the UK based Fintech Unicorn, announced it had launched a borderless debit card for a group of trial users. Basically it is a current account that can be used anywhere minus the silly fees banks charge consumers. Transferwise will commence a wide release… Read More

IOTA is Partnering with  International Transportation Innovation Center

The IOTA Foundation, the decentralized platform with big ambitions, has formed a new partnership with the International Transportation Innovation Center (ITIC) to build a global alliance of smart mobility testbeds. ITIC’s focus is described as building a global network of open and closed testbeds to… Read More

European Fintech Raisin is Backed by PayPal with Strategic Investment

Raisin, a unique financial marketplace that empowers savers to access the best interest rates across Europe, has received a strategic investment from global payments platform PayPal (NASDAQ:PYPL). This is an interesting development for Berlin based Raisin and a further validation of their disruptive service. Raisin… Read More

Brazilian Fintech Nubank Opens New Engineering Office in Berlin

Earlier this week, Brazilian fintech startup Nubank announced it has opened an engineering unit in Berlin. According to CTO Edward Wible, the company is expecting to hire two dozen employees for the new German hub. Founded in 2013, Nubank stated it is committed to fighting… Read More

Fintech Raisin Tops 100,000 Customers, Partner Banks Now 40+, €4 billion in Total Deposits

Raisin, a pan-European marketplace for savings products, has topped 100,000 investors representing an interesting twist in Fintech disruption. As we reported this past summer, Raisin had convinced 75,000 investors to switch over €3 billion into savings accounts held at foreign banks. Today, that number is higher. This… Read More

ABN AMRO Bank, Integrates solarisBank’s Online Lending Service into Moneyou

Moneyou, is the digital brand of the Dutch mega bank ABN AMRO.  Berlin-based solarisBank, a digital only banking platform that has a full banking license, has just inked an agreement to integrate with Moneyou to provide instantaneous online lending for consumers. Moneyou’s German customers may… Read More

LATTICE80, World’s Largest Fintech Hub, Partners with Germany’s IOTA on New Innovation Lab

LATTICE80, a Singapore based Fintech hub that is the largest of its kind, has partnered with IOTA Foundation to open up a new innovation lab in Singapore. IOTA Foundation, based in Germany, holds a mission to support the development and standardization of distributed ledger technologies (DLT… Read More

N26 Announces Apple Pay Support in Spain, Italy, & Finland

On Tuesday, German digital-only challenger bank N26 announced it was launching Apple Pay support in Spain, Italy, and Finland. This news comes just after the bank launched the payment method’s support in France. “What if there were a way to pay without your card that is… Read More

Germany Cautions on ICOs as BAFIN Says Offers are Attracting Fraudsters

Germany’s financial regulator, the Federal Financial Supervisory Authority (BaFin), has published a consumer warning today on Initial Coin Offerings (ICOs). BaFin said the purchase of cryptocurrency coins or tokens may result in substantial risks for investors calling them highly speculative. The agency said the high… Read More

Investoo Group Nabs Crypto Investor Resource Bitcoinmag.de

Investoo Group has acquired Bitcoinmag.de, expanding its reach into the DACH cryptocurrency market. The German language site Bitcoinmag.de is a resource for crypto investors, providing purchase and price information, and allowing visitors to compare exchanges and platforms. The site will sit alongside an existing portfolio of… Read More

Brauhaus am Turm Uses CrowdDesk’s New Funding Page Solution, Seeks €500,000

Brauhaus am Turm GmbH, a wholly owned subsidiary of the Japanese noodle restaurant MoschMosch, is now collecting up to €500,000 euros through a crowdfunding website operated by CrowdDesk for the opening of a brewery at the newly-built Henninger Turm in Frankfurt am Main. “The Brauhaus… Read More

European Fintech N26 to Launch in the UK in Early 2018

N26, a digital-only challenger bank based in Germany, announced on Friday it is launching its services in the UK in early 2018. This news comes after the fintech startup announced plans to launch in the U.S. next year. UK customers may now get early access by signing… Read More

London Fintech Divido Announces Germany Expansion

London-based fintech startup Divido announced on Monday it has expanded into Germany. Founded in 2014, Divido describes itself as a young, fast growing, technology company in the process of changing the old school financial services sector. The company revealed that it allows merchants to offer their… Read More

Mambu: A Truly Global SaaS Banking Platform for Traditional Finance & Fintechs

Mambu is a Software as a Service (SaaS) platform that has quickly differentiated its product as a leader in the white label core banking space. The cloud based service provides a path for both traditional finance and Fintech’s to rapidly launch a digitally native financial… Read More

Zinbaustein “Wohnen Im Village 11” Hits €625K Goal, Starts Investor Waitlist

Private investors may now participate in a new equity crowdfunding real estate round for a mortgage of residential buildings in Darmstadt / Frankfurt area of Germany.  “Wohnen Im Village 11” on zinsbaustein.de features ten semi-detached houses and one detached house.  Private investors can participate in the… Read More

Spotcap Has Now Provided €120 Million in SME Credit Lines, Raises €22 million

Spotcap, an online lender based in Germany, has announced that it has issued over €120 million in credit lines to small and medium-sized enterprises (SMEs). Spotcap also shares it has raised an additional €22 million of equity and debt funding from its existing investor network. In… Read More

Success: German Community Bike-Sharing Platform listnride Completes Seedrs Round With More than €325,000 in Funding

listnride, a Germany-based bike-sharing community platform, has completed its equity crowdfunding round on Seedrs with more than €325,000 secured. listnride describes itself as a community marketplace that allows individual bike owners to rent out their bikes to travelers and locals looking to explore, in a location independent way. People… Read More

Bits & Pretzels: The Founders Festival in Munich

Bits & Pretzels is a 3-day event for founders, startup enthusiasts, investors and business incubators. The festival will take place from September 24 – 26, 2017 in Munich. The best-known entrepreneurs from around the world as well as young aspiring entrepreneurs will meet at the… Read More