Tagged: germany

May 31, 2022 @ 11:00 pm By Omar Faridi  |  

Sustainable finance service provider ecolytiq has reportedly finalized a €13.5 million financing round that was led by Visa (NYSE: V) along with other blue chip investors. Consulting company PwC Germany also took part in the investment round via a fund that’s managed by Segenia Capital,… Read More

May 31, 2022 @ 3:13 pm By Omar Faridi  |  

  Mondu is pleased to announce an important milestone in their company’s history: their $43 million Series A round. Since being founded in August 2021, they’ve been focused on “delivering a highly attractive product, growing [their] merchant base and the number of businesses [they] serve,… Read More

May 28, 2022 @ 9:26 pm By Omar Faridi  |  

European lender EstateGuru reports that €14,7M worth of loans were financed during April of 2022. New loans in Estonia “contributed nearly 50% of the volume, followed by Germany and Latvia.” During the past month, EstateGuru reports it has “seen a rise in investor activity and… Read More

May 21, 2022 @ 3:32 am By JD Alois  |  

The Bundesverband Crowdfunding e.V. (the German Crowdfunding Association) and Financement Participatif France (the French Crowdfunding Association) have issued a statement reaffirming their desire that the transition period for European Crowdfunding Service Provider Regulation (ECSPR) be extended.  The announcement follows a statement by the European Securities… Read More

May 21, 2022 @ 2:17 am By Omar Faridi  |  

flatexDEGIRO AG, which claims to be Europe’s largest and “fastest-growing” retail online broker and Boerse Stuttgart Group, Europe’s sixth largest exchange group, recently announced the signing of a Memorandum of Understanding (MoU) on a partnership in crypto trading. This will “give flatexDEGIRO customers direct access… Read More

May 20, 2022 @ 2:58 pm By Omar Faridi  |  

Fraugster, an AI payment intelligence company, has announced the launch of their latest product, Alternative Credit Decisions, which allows Buy Now Pay Later (BNPL) and Enterprise merchants “to approve more customers without increasing credit risk.” There is a pressing need for a new approach because… Read More

May 20, 2022 @ 9:43 am By JD Alois  |  

  Following a meeting this week being held in Petersberg, Germany, G7 Finance Ministers and Central Bank Governors have issued a statement on the outcome of the meeting. While a good portion of the statement revolves around the war in Ukraine and the need for… Read More

May 3, 2022 @ 1:07 am By Omar Faridi  |  

As the EstateGuru team claims to have predicted, the total funded amount in March was “similar to February.” EstateGuru‘s management writes in a blog post that investors “financed €16.7M worth of loans and, despite macroeconomic changes, investor and borrower behavior remains stable.” During March, Estonia… Read More

April 28, 2022 @ 9:17 am By JD Alois  |  

French biotech firm HCS Pharma, will be offering pre-IPO securities via a security token offering on the European Digital Assets Exchange or EDSX. EDSX entered the digital security space earlier this month announcing that it had completed all of the necessary requirements to operate as an… Read More

April 24, 2022 @ 9:22 pm By JD Alois  |  

WeOwn has announced new cross-chain asset interoperability. WeOwn is a blockchain technology provider that targets the lending and equity capital space. Among other services, it aims to allow firms to raise capital via a digital securities or securities token offering. WeOwn is based in Munich,… Read More

April 22, 2022 @ 5:40 am By JD Alois  |  

Germany-based Giesecke+Devrient (G+D) has partnered with Patch, a digital carbon credit marketplace, to provide bank customers with a payment solution. In a release, G+D said the partnership is an expansion of its ecosystem of eco-innovative partnerships that supports banks and Fintechs in their sustainability strategies…. Read More

April 14, 2022 @ 7:38 am By Omar Faridi  |  

Upvest, the Berlin-based infrastructure Fintech, has expanded its management team and appointed Markus Maier as the new Chief Operating Officer. Maier has previously “worked at UBS and Deutsche Bank and brings more than 25 years of management experience in the securities services and derivatives business.”… Read More

April 13, 2022 @ 7:37 am By Omar Faridi  |  

TrueLayer, which claims to be Europe’s leading Open Banking platform, has announced it has launched its “closed-loop” payment product in Ireland, France, Germany, Spain, Lithuania and the Netherlands. As noted in an update shared with CI, traditional payment methods “weren’t built to handle the speed… Read More

April 6, 2022 @ 11:57 am By JD Alois  |  

Yesterday, the U.S. Department of the Treasury sanctioned dark web marketplace Hydra Market, labeling it a pernicious site for malicious cybercrime services, dangerous drugs, ransomware, and other illicit activity. Hydra Market is said to be based in Russia. Also sanctioned, Garantex is a crypto exchange… Read More

April 6, 2022 @ 8:44 am By Omar Faridi  |  

Lemon.markets, a Berlin-headquartered Fintech firm that helps companies embed trading services through APIs, has secured €15 million via a seed funding round that was co-led by Lakestar and Lightspeed. Creandum and System.one took part in the investment round, along with contributions from angels (like N26… Read More

March 30, 2022 @ 3:02 pm By Omar Faridi  |  

Ten emerging tech firms have been chosen to participate in the 2022 Fintech Innovation Lab New York, which is a 12-week program “founded and run by Accenture (NYSE: ACN) and the Partnership Fund for New York City.” The program aims to assist early- and growth-stage… Read More

March 30, 2022 @ 8:03 am By Omar Faridi  |  

Zimpler, a Swedish Fintech within the payments space, has secured new equity funding from Nordstjernan Growth, an arm of an established Swedish investment house “focused on long-term quality growth.” FT Partners advises leading Swedish account-to-account payment provider Zimpler (@zimplers) on its new equity funding round… Read More

March 29, 2022 @ 8:15 am By JD Alois  |  

Berlin-based FUEL has announced that it has raised €1.5 million in pre-seed funding to create the “Shopify for NFTs,” according to a company statement. FUEL aims to empower creators to build an NFT shop that requires no coding knowledge. FUEL was co-founded by Csongor Barabasi,… Read More

March 26, 2022 @ 1:07 pm By Omar Faridi  |  

Lemonade (NYSE:LMND), the digital insurance firm that’s powered by social impact, recently announced the launch of Lemonade Car in Tennessee. Following the initial launch in Illinois, Tennessee “marks the second state to feature availability of Lemonade’s newest environment-friendly product.” Hitting “record” snow averages this winter… Read More

March 24, 2022 @ 8:59 am By JD Alois  |  

Raisin, a European digital bank and savings Fintech, has distributed a report on the European savings market claiming deposit inflows have “fallen off a cliff” after record increases. The analysis provided by Raisin indicates that the savers from the eurozone are saving money at a… Read More