Tagged: germany

September 29, 2022 @ 10:49 pm By Omar Faridi  |  

Grover, the consumer-tech subscription platform, has finalized a new €270 million debt financing facility with M&G, the international asset manager. With the fresh capital, Grover will “expand its product inventory to serve rising demand from customers in existing markets such as Germany, Spain, Netherlands, and… Read More

September 29, 2022 @ 8:13 am By Omar Faridi  |  

Younited, the instant credit provider in Europe, provides European households – in France, Italy, Spain, Portugal, and Germany – with financing solutions “for projects and purchases up to 50,000 euros.” This milestone is the “best proof” of the relevance of Younited’s offer to its customers:… Read More

September 23, 2022 @ 3:42 pm By JD Alois  |  

Raisin, a European savings optimizer service that also operates in the US, has announced Raisin Crypto with the new offering first being launched in Germany under the Weltsparen brand. Raisin operates in the US under the SaveBetter brand. The Berlin-based Fintech crypto offering is designed… Read More

September 19, 2022 @ 10:57 pm By Omar Faridi  |  

Upvest has selected BNP Paribas Securities Services to provide custody, clearing and settlement services. Recently, Upvest successfully “closed its $42m Series B financing with lead investor Bessemer Venture Partners – one of Germany’s biggest fintech fundings of the year.” The selection of BNP Paribas Securities… Read More

September 19, 2022 @ 8:50 am By JD Alois  |  

Bitbond already offers a “no-code asset tokenization” service and today it is announcing a new tool – a Token Portfolio Tracker for user s to monitor tokens across various chains. The new service is a feature that comes at no additional cost and is free… Read More

September 16, 2022 @ 7:33 am By Omar Faridi  |  

Berlin-headquartered compliance firm heyData announced the closing of a €3.3 million seed round. The investment round has been led by Ten VC along with contributions from existing investors Patrice Deckert, Stefan Tietze, and investors Martin Ostermayer and Dirk Freise and Picea Capital, among several others…. Read More

September 9, 2022 @ 7:51 am By Omar Faridi  |  

FNZ, the global wealth management platform, announced that it has agreed to acquire DIAMOS AG, the specialized Wealthtech provider for the asset and wealth management industry, “to further enhance its global wealth management platform.” The acquisition will “strengthen FNZ’s global client proposition adding advanced product… Read More

August 23, 2022 @ 9:39 am By JD Alois  |  

Deutsche Payment has announced a partnership with Token – an Open Banking provider. According to a company statement, an upcoming launch of “PayThisWay“, an account-to-account payments service, will be powered by Token’s Open Banking platform. Token’s white-label-ready platform is designed to enable payment providers like… Read More

August 21, 2022 @ 10:51 pm By Omar Faridi  |  

EstateGuru notes that summer is in full swing, which is also evident in their loan volumes. During July 2022, their investors financed €11.8M worth of loans “with Estonia contributing the most with €4.0M, followed by Latvia (€2.3M) and Lithuania (€2.2M).” EstateGuru further noted that they… Read More

August 12, 2022 @ 10:19 am By Omar Faridi  |  

Fraugster, a payment intelligence company, has been selected by epay “to pilot AI payment fraud prevention services.” epay is “a full-service payment provider” and the digital payments processing business segment of the financial technology solutions and payments provider Euronet Worldwide, Inc. (NASDAQ: EEFT). epay’s worldwide… Read More

August 7, 2022 @ 11:07 pm By Omar Faridi  |  

IDnow, a European identity proofing and digital identity provider, has arranged a new debt facility from funds and accounts managed by BlackRock that “provides up to €60 million in financing.” The debt facility will “enable IDnow to leverage its existing market-leading identity platform.” The company… Read More

August 1, 2022 @ 9:27 am By JD Alois  |  

GenoCrowd is reporting that it has taken just three days to raise its funding threshold for a real estate project. The “Das Rosenthaler”  property located in Nuremberg and managed by W&L AG, will return 5.5% interest to investors with early backers adding 50 basis points… Read More

July 31, 2022 @ 9:17 pm By Omar Faridi  |  

Ageras Group—whose suite of financial and accounting software powers more than one million small businesses across Europe and North America—announced that it has acquired Kontist, a Berlin-based neo-bank “focused on the complex accounting and banking needs of Germany’s growing populations of microbusinesses and self-employed workers.”… Read More

July 27, 2022 @ 8:16 am By Omar Faridi  |  

Klarna Kosma, which is Klarna‘s financial technology platform for banking institutions, Fintech firms and retailers, announced its working relationship with Airbank, a digital financial management platform for companies. Klarna Kosma’s Open Banking platform offers Airbank with access to the largest international network of banks, considerably… Read More

July 22, 2022 @ 10:01 am By Omar Faridi  |  

Qonto, which claims to be the leading European business finance solution, announced its intent “to acquire German fintech Penta.” The deal, which is expected to close in the next few weeks, “comes amid continuous growth for both companies.” This acquisition “represents the logical next step… Read More

July 20, 2022 @ 7:42 am By Omar Faridi  |  

Despite the ongoing holiday season, EstateGuru investors reportedly financed €14.1 million worth of loans during the month of June 2022. All of the primary markets they operate in performed “exceptionally,” led by Estonia (€3.5M), Germany (€3.0M) and Lithuania (€2.7M). EstateGuru further revealed that they witnessed… Read More

July 17, 2022 @ 10:22 pm By Omar Faridi  |  

CoinShares (Nasdaq First North Growth Market: CS; US OTCQX: CNSRF), which claims to be Europe’s largest digital asset investment firm with $1.5 billion in AUM, has announced the listing of their physically-backed staked Algorand ETP on Germany’s primary market Xetra. CoinShares Physical Staked Algorand (Ticker:… Read More

July 17, 2022 @ 9:47 pm By Omar Faridi  |  

SAP Fioneer, which claims to be a leading global provider of financial services software solutions and platforms, recently announced the launch of a new vertical product strategy that significantly “reshapes its offering to customers.” Adopting a vertical approach, three platforms will “provide IT solutions tailored… Read More

July 16, 2022 @ 11:17 pm By Omar Faridi  |  

The Berlin-headquartered Insurtech firm ELEMENT has secured €21.4 million via a Series B round. The total funding secured by the firm now amounts to 88 million euros. ELEMENT is also reporting its “best” YTD results. The investment round has been led by the Versorgungswerk Zahnärztekammer… Read More

July 16, 2022 @ 3:33 pm By Omar Faridi  |  

Investing money and paying with the investment at any time, “free of charge?” It is now possible, according to an update shared with CI. Berlin-based startup, UnitPlus, has launched (what it claims to be) the world’s first ETF investment product “with a seamlessly integrated payment… Read More