Tagged: germany

Berlin’s Fintech Firm Moonfare Appoints Dr. Lorenz Jüngling as Co-CEO

Moonfare has appointed Dr. Lorenz Jüngling, currently managing director, chief operating officer, and chief financial officer, “as Co-CEO, alongside Moonfare founder, chairman and current CEO Dr. Steffen Pauls. Jüngling, a Ph.D. material scientist and physicist by training, currently oversees Moonfare’s R&D, finance, operations and compliance… Read More

Accenture Acquires ON Service GROUP to Help Insurers in Germany Improve Operational Resiliency

Accenture (NYSE: ACN) has acquired ON Service GROUP, a provider of business process services, specialized in insurance operations. Terms of the transaction were “not disclosed.” Acquiring ON Service GROUP enhances Accenture’s capabilities “in insurance operations, expanding the range of services available to clients in Germany… Read More

Germany’s 21X Is Launching ESMA Regulated Trading Service for Tokenized Securities

21X in coordination with Polygon Labs is pleased to announce 21X is building an ESMA regulated market infrastructure for tokenized securities “on the Polygon proof-of-stake (PoS) blockchain.” 21X and Polygon Labs are collaborating in order “to advance asset tokenization and trading within the Polygon ecosystem.” Polygon… Read More

Coinbase Announces Germany As Regional Talent Hub

Coinbase (NASDAQ:COIN) is reporting that Germany will become a Regional Talent Hub, “marking another key milestone in our international expansion strategy.” In 2021, Coinbase claimed that it had become the first crypto company “to receive a crypto license from BaFin.” This license, for crypto custody… Read More

Germany Sees Regulatory Progress for Crowdfunding Platforms Under ECSPR

  The largest economy in Europe has been slow to create a sustainable regulatory environment for investment crowdfunding platforms to thrive. Under ECSPR or European Crowdfunding Service Provider Regulations, an approved platform may raise up to €5 million across the European Union. The kicker to… Read More

European Insurtech wefox Appoints Jonathan Wismer as Group Chief Financial Officer

wefox is stepping up its plans for profitable growth and global expansion with the appointment of Jonathan Wismer as its new Group Chief Financial Officer (CFO) “effective 1 October 2023.” Wismer joins the company’s executive team and “reports to CEO Julian Teicke, founder of wefox.”… Read More

European Neo-Insurer Getsafe to Acquire German Client Base of French Insurtech Luko

Getsafe, Europe’s neo-insurer based in Germany, has entered into an agreement to acquire the German customer base of French insurtech Luko. With over 550,000 customers across Germany, the UK, France, and Austria, Getsafe “is rapidly expanding its reach in Europe.” The acquisition covers Luko’s entire… Read More

Berlin’s Habyt, the Flexible Housing Provider, Acquires €40M via Series C to Expand Operations Globally

Habyt, the flexible housing provider, has raised €40M in a series C round as it expands globally and consolidates its market share. This investment round is “led by the new investors Korelya Capital (Paris-based) and Deutsche Invest (Munich-based). It was also participated by new investors… Read More

Invesdor Says Merger with Oneplanetcrowd Going Well as Green Wind Offering Successfully Funds

Invesdor, a securities crowdfunding platform approved to operate across the European Union, is touting a recent successful funding round that was listed on Oneplanetcrowd but saw solid participation across Invesdor’s home base. Oneplanetcrowd, an impact funding platform that focuses on green securities offerings, was acquired… Read More

European Insurtech Firm wefox Appointed As Affinity Insurance Partner by WINDTRE, Italy’s Telecommunications Business

wefox, which claims tobe one of the leading insurtech firms, has been appointed as affinity insurance partner by WINDTRE, Italy’s telecommunications business. The company has launched its own insurance agency, WINDTRE Assicurazioni, “to provide insurance directly to its customers.” wefox will provide “a range of… Read More

Berlin’s Digital Bank N26 Introduces Initiative to Highlight Client-Centric Approach to Banking

Berlin-based online bank N26 has launched its new full-funnel, multi-channel global brand campaign, ‘This is how I bank’. The campaign showcases how N26’s innovative and customer-centric approach “to banking gives everyone the confidence and freedom to bank where, when, and exactly how they want to.”… Read More

PwC Germany, FloQast to Enhance Financial Close Solutions

FloQast, a provider of accounting workflow automation software created by accountants for accountants, announced today a strategic consulting partnership with PwC Germany, a global firm focused on assurance, advisory, and tax services. This collaboration aims to transform financial close processes “for businesses across German-speaking countries… Read More

Giga High Rates Drive Savings Accounts, Raisin Reports “Record Growth”

Raisin, a German Fintech that has built a marketplace for savings vehicles allowing users to find the best rates available, is reporting “record growth” during a period of super high interest rates. The European Central Bank, the Bank of England, and the US Federal Reserve… Read More

Investment Platform TWINO Expands Operations to the Philippines

The team at TWINO is pleased to announce the expansion of TWINO Group lending operations into the Philippines, in a continued partnership with VIA SMS Group under the VAMO brand. Thus, VAMO Philippines securities are now “available for investments on TWINO platform allowing you to… Read More

Berlin’s Upvest to Provide Smart Money App Plum with Investments API, Enabling More Investment Opportunities

Berlin-based fintech Upvest is set to provide Plum, the smart money app, with its investment API, enabling Plum to expand its range of investment opportunities to EU customers. Plum currently offers 3,000 US stocks to EU customers. Following this partnership, Plum will have the functionality… Read More

Global API Provider Ivy Raises $20m to Unify Real-Time Payments Worldwide

Ivy, the company providing a global API for instant bank transfers, has successfully secured $20 million in a Series A investment round led by Valar Ventures. This development follows a $7.7 million seed round led by Creandum just a few months prior. “The rapid succession… Read More

Worldcoin Crypto Initiative Is Being Scrutinized by Regulators in Several Jurisdictions

Growing numbers of world governments are beginning to scrutinize the services provided by Worldcoin, which is described as a crypto-related initiative that’s co-founded by OpenAI Chief Executive Officer Sam Altman that was officially launched in July of this year. Nearly 2.3 million consumers throughout the… Read More

Coinbase Enables Seamless Crypto Purchases for Germany, UK Clients via PayPal

Users in Germany and the UK can now link their PayPal (NASDAQ:PYPL) account directly to Coinbase (NASDAQ:COIN) in order to buy cryptocurrencies, “providing a hassle-free, trusted, and secure purchasing and withdrawal option.” Coinbase now offers their German and UK users a quick and hassle-free method… Read More

European Digital Bank N26 Appoints CPO Gilles BianRosa to Supervisory Board

Digital bank N26 announced that it will be appointing Chief Product Officer Gilles BianRosa to the Supervisory Board of N26 AG. Gilles BianRosa has held “the position of Chief Product Officer at N26 since 2021, and will transition to his new board role in the… Read More

EstateGuru Reports Robust Performance of Loan Origination Volume in July Across Key Markets

EstateGuru reports that the loan origination volume in July “performed robustly across our key markets.” As noted in the update shared by EstateGuru, Estonia accounted “for €5.0M, Latvia contributed €1.4M, and Lithuania added €1.9M, resulting in a total origination volume of €8.9M.” The EstateGuru team… Read More

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