Tagged: germany

January 18, 2024 @ 8:19 am By Omar Faridi  |  

Estateguru is reporting that it saw €10.1M in loan repayments in December, with an additional €0.4M from recovered loans. As noted in a blog post by Etstateguru, total returns “amounted to €1.1M, with an average return rate of 9.5%.” Estateguru further noted that they have… Read More

January 17, 2024 @ 8:25 am By Omar Faridi  |  

N26 announced the launch of a new Stock and ETF trading product that will allow all account holders to buy and sell stocks and ETFs for €0.90 per trade, directly in the N26 app. The launch of this new and comprehensive trading product will see… Read More

January 14, 2024 @ 7:07 am By Omar Faridi  |  

CaixaBank and KfW IPEX-Bank are jointly providing HOCHTIEF financing for the interim construction financing of the PPP project Frankfurt (Germany) judiciary center. The project volume is in the low three-digit million range and “includes the parallel construction of two new judicial buildings in the Frankfurt… Read More

January 13, 2024 @ 10:39 am By Michael Wong  |  

Finoa, a Berlin, Germany-based regulated crypto platform catering to smart capital allocators, announced that it has successfully raised $15 million in a fresh funding round. The investment was co-led by Maven 11 Capital and Balderton Capital, with additional contributions from Blue Bay Ventures, Signature Ventures,… Read More

January 9, 2024 @ 10:20 am By JD Alois  |  

German real estate investment platform GenoCrowd has launched its 14th securities offering to kick off the new year. The offering is in partnership with AS Unternehmensgruppe – the third project listed by the company on GenoCrowd. The funding round is for a real estate project… Read More

January 4, 2024 @ 8:24 am By Omar Faridi  |  

AMLYZE, a RegTech specializing in anti-financial crime solutions for FinTechs, banks and crypto businesses, is excited to announce a strategic partnership with TransactionLink, the Berlin-based no-code platform, in a move that will aim to “transform the landscape of Anti-Money Laundering (AML) and Know Your Customer… Read More

December 26, 2023 @ 11:11 am By Omar Faridi  |  

Tuum is pleased to announce that Foke Burmeister has joined as the new Sales Director for the DACH (Germany, Austria, and Switzerland) and CEE (Central and Eastern Europe) regions. With an extensive track record in core banking and payments at EY and Accenture, Foke is… Read More

December 14, 2023 @ 9:18 pm By Omar Faridi  |  

Galaxy (TSX: GLXY) has announced the intended formation of AllUnity, as part of a new partnership between DWS, Flow Traders and Galaxy, whose mission is to enhance the on-chain economy by issuing a fully collateralized EUR-denominated stablecoin. AllUnity will be regulated “by BaFin, Germany‘s financial… Read More

December 11, 2023 @ 7:09 am By Omar Faridi  |  

European digital bank N26 recently announced the appointment of Juan Bongiovanni to a key executive role. As noted in a blog post by N26, the digital bank confirmed the appointment of global marketing professional Juan Bongiovanni as Chief Marketing Officer. Juan will reportedly join the… Read More

December 7, 2023 @ 10:50 am By JD Alois  |  

Digital asset firm Taurus SA is expanding into Germany. The firm is regulated in Switzerland by FINMA and provides an infrastructure to issue, custody, and trade any digital assets, including cryptocurrencies, tokenized assets, NFTs, and digital currencies. Taurus also operates a marketplace for private assets… Read More

December 6, 2023 @ 9:33 am By Omar Faridi  |  

Mondu, the fast-growing B2B payments company, today announces a new collaboration with Mangopay, a modular and flexible payment infrastructure provider for marketplaces and platforms. Through the partnership, the two companies will “offer marketplaces across Europe a proven, modular payments infrastructure which can be tailored to… Read More

November 30, 2023 @ 6:30 am By Omar Faridi  |  

EstateGuru has shared the latest information on the German portfolio, and their recovery efforts in the market. Navigating the complexities of local legal requirements in Germany has “made resolving the defaults both a time consuming and frustrating process,” according to a blog post by EstateGuru…. Read More

November 29, 2023 @ 11:49 pm By Omar Faridi  |  

Raisin has announced the launch of its deposits platform in Poland. The platform is designed to bridge the gap between Polish savers and “a network of European banks, utilizing Raisin’s proprietary cross-border savings technology and online marketplace.” Raisin simplifies access to diverse deposit products “across… Read More

November 29, 2023 @ 11:15 am By JD Alois  |  

Digital bank N26 says it will offer stock and ETF investments in App by partnering with Upvest. Upvest offers an Investment API that is available to financial services firms to access capital market investment and retirement planning. Upvest will be providing the licenses necessary for… Read More

November 22, 2023 @ 11:52 am By Omar Faridi  |  

The study of 2020 consumers in Germany, posted by Solaris, aimed to unearth consumer attitudes “to taking out financial services from brands in the tourism sector.” Key findings shared by Solaris are as follows: Consumers indicate high levels of confidence and trust towards tourism brands,… Read More

November 20, 2023 @ 8:29 am By Omar Faridi  |  

wefox, the European insurtech, has appointed Paul Onnen as Chief Technology Officer, with immediate effect. Mr. Onnen takes over the role from Sergi Banos who “was promoted to Chief Platform Officer (CPO) as the company accelerates its plans to launch the platform that will connect… Read More

November 15, 2023 @ 11:52 am By Omar Faridi  |  

We recently caught up with Martin Kassing, the CEO and founder at Upvest, a Berlin-based Fintech that aims to make investing more accessible by enabling neobanks, asset managers, and incumbent banks to provide their customers with any type of investment product. With Upvest’s Investment API,… Read More

November 15, 2023 @ 9:07 am By Omar Faridi  |  

N26 announced an important extension to its product portfolio with the launch of a flexible Instant Savings account. From today, customers in Germany can “benefit from up to 2.6% interest p.a. with transparent conditions, and without deposit limits or additional costs involved.” The overnight savings… Read More

November 10, 2023 @ 8:25 am By Omar Faridi  |  

Germany’s Finance Minister Christian Lindner on Thursday (November 9, 2023) called on European Union nations to choose Frankfurt as the seat of the bloc’s anti-money laundering authority (AMLA). Lindner stated that a decision to locate AMLA in Frankfurt is a key move in order to… Read More

November 4, 2023 @ 11:35 am By JD Alois  |  

Germany-based Insurtech Wefox has raised $55 million in debt financing following a funding round that valued the company at $4.5 billion. The news was covered by CNBC that reported UniCredit and Deutsche Bank provided the capital. The debt is convertible into equity at the next… Read More