Tagged: germany

Fintech Raisin Moves into Crypto with New Service “Raisin Crypto,” Kicks Off in Germany

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

Berlin’s Upvest Selects BNP Paribas Securities Services for Custody, Settlement Services

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

Bitbond Adds Token Portfolio Tracker as Service

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

Berlin’s Compliance Firm heyData Finalizes €3.3 M Seed Round

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

FNZ to Acquire Wealthtech DIAMOS, Will Continue Serving Germany based Clients

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

Token, Deutsche Payment Announce Partnership on Open Banking

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

Investors Financed €11.8M Worth of Loans via EstateGuru in July 2022: Report

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

epay Chooses Berlin’s Fraugster to Enhance Fraud Prevention Services for its Payment Processing

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

Germany’s Digital Identity Firm IDnow Acquires €60M Debt Facility

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

GenoCrowd Takes Three Days to Raise First Target on Real Estate Project

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

Ageras Group Expands into Europe’s Largest Market, Acquiring German Neobank Kontist

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

Berlin’s Airbank to Utilize Klarna’s Open Banking Platform

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

European Finance Solution Provider Qonto Aims to Acquire German Fintech Penta

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

EstateGuru Investors Financed €14.1M in Loans During June 2022

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

CoinShares Enhances Staked ETP Lineup with Algorand Launch

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

SAP Fioneer Announces Vertical Product Strategy for Banking, Insurance Clients

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

Berlin based Insurtech ELEMENT Acquires €21.4M in Funding

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

UnitPlus, Vodeno, Aion to Make Direct Payments with ETF Investments Possible

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

Germany: RIDE Capital Raises €3 million to Become Digital Private Bank

RIDE Capital has raised €3 million tobe come a digital privat3e bank. The funding was led by Lea-Sophie Cramer, Verena Pausder, and angel investor and professional football player Mario Götze.  RIDE reports that it has raised a total of €8 million since its foundation. RIDE… Read More

Fintech Enfuce to Launch Business Operations in the UK

Finnish Card-as-a-Service Fintech Enfuce is reportedly set to launch operations in the United Kingdom after finalizing a €45 million round back in December 2021. Established by co-CEOs Monika Liikamaa and Denise Johansson, Enfuce recently expanded its international presence in Germany and France and currently claims… Read More

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