Tagged: germany

January 31, 2022 @ 10:20 am By JD Alois  |  

BitMEX, a crypto derivatives exchange that will soon operate a crypto spot marketplace, says it has now airdropped over 1.5 million BMEX tokens. BitMEX added that the BMEX Token Litepaper is now available as well. BMEX is an ERC-20 token that provides rewards to its… Read More

January 25, 2022 @ 10:16 am By JD Alois  |  

Last week, BitMEX announced its intent to acquire Bankhaus von der Heydt. The deal is actually structured so that BXM Operations AG, founded by BitMEX CEO  Alexander Höptner and CFO Stephan Lutz, will acquire the bank located in Munich, Germany. While the purchase is subject… Read More

January 19, 2022 @ 11:26 am By Omar Faridi  |  

EstateGuru notes that 2021 ended “strongly” for their platform, with their investors financing €18.6M worth of loans in December 2021. As mentioned in the update from EstateGuru, the total funded amount for the year was €2028M. In December, Estonia, Lithuania and Germany all “contributed over… Read More

January 17, 2022 @ 9:09 am By Omar Faridi  |  

Ontology, the project that aims to bring trust, privacy, and security to Web 3.0 via decentralized identity and data solutions, recently announced the opening of a new European office in Berlin, Germany. As mentioned in an update shared with CI, Ontology’s move reflects its alignment… Read More

January 14, 2022 @ 1:19 pm By JD Alois  |  

Neufund, once a high-profile security token platform offering primary issuance based in Germany, has decided to shut down. In 2018, Neufund announced its first “equity token offering” or ETO that was initially said to be in compliance with German law. At that time, Neufund co-founder… Read More

January 10, 2022 @ 3:21 am By Omar Faridi  |  

Solarisbank, a firm that’s focused on creating a world where financial services “seamlessly sync with life,” notes in its Fintech forecast report that 2021 was quite an uncertain period but not as “unprecedented” as 2020. Solarisbank wrote in a blog post that during the past… Read More

January 7, 2022 @ 3:15 pm By Omar Faridi  |  

The Bank for International Settlements (BIS) has appointed Raphael Auer as the Head of Innovation Hub Eurosystem Centre. Auer is presently a principal economist in the Innovation and the Digital Economy division of the BIS’s Monetary and Economic Department. He has “contributed extensively to BIS… Read More

January 3, 2022 @ 9:45 am By Omar Faridi  |  

The team at Mambu, a modern SaaS banking platform, says that it has been a solid year for them. It began with the announcement of their €110 million round of funding that was led by TCV, whose investments reportedly include Netflix and Spotify, and ended… Read More

December 27, 2021 @ 3:51 am By Omar Faridi  |  

European open banking platform Tink has finalized the acquisition of German open banking infrastructure provider, FinTecSystems, following regulatory clearance. FinTecSystems will now become part of Tink, according to a release. After the acquisition, the combination of Tink’s pan-European open banking platform and FinTecSystems’ product suite… Read More

December 26, 2021 @ 1:17 pm By Omar Faridi  |  

The team at European online lender EstateGuru notes that during 2021, they have primarily focused on developing their loan origination tech and hiring new loan managers and credit analysts. This has helped them to support the relatively high volume of loan projects while maintaining a… Read More

December 22, 2021 @ 9:00 am By Omar Faridi  |  

Berlin-headquartered Swarm Markets GmbH, which claims to be the first regulated “decentralized” financial infrastructure provider, announced that it will launch a peer-to-peer contract for “high value transactions in Q1 2022.” The so-called dOTC service “empowers institutions and professional investors to use the first regulated crypto… Read More

December 16, 2021 @ 10:02 am By Omar Faridi  |  

Global Fintech firm MODIFI has announced $145 million in debt financing with existing bank partners Silicon Valley Bank and Solarisbank. The proceeds will be channeled towards addressing rising demand and help more SMEs with trading internationally on MODIFI’s digital platform. The COVID-19 outbreak has “negatively… Read More

December 15, 2021 @ 10:52 am By Omar Faridi  |  

topi has acquired $4.5 million in capital via a pre-seed round that has been co-led by Index Ventures and Creandum. Established by Estelle Merle and Charlotte Pallua, the firm is focused on becoming an international enabler of fast and “frictionless” payments for B2B trade. Angel… Read More

December 15, 2021 @ 7:01 am By Omar Faridi  |  

Deeptech pioneer Othoz has completed a €10 million round to further “unlock the potential of artificial intelligence and drive the development of quantitative, machine learning (ML) based strategies for investing in capital markets.” Led by Acton Capital and with participation of existing investors as well… Read More

December 13, 2021 @ 8:02 am By Omar Faridi  |  

European marketplace lender October has reportedly acquired a €30 million commitment from the European Investment Fund (EIF) and the Dutch impact investor Invest-NL in the context of the European Guarantee Fund (EGF) and the Dutch Alternative Credit Instrument mandates. As noted in an update from… Read More

December 11, 2021 @ 11:39 am By Omar Faridi  |  

Jumio, the provider of AI-enhanced end-to-end identity orchestration, eKYC and AML solutions, recently announced that the firm is acquiring strategic partner 4Stop, the data marketplace and orchestration hub for KYB, KYC, compliance and fraud prevention. The addition of 4Stop’s data sources to the Jumio KYX… Read More

December 9, 2021 @ 10:31 am By JD Alois  |  

The Association of German Credit Platforms (VdK) has accepted nordIX AG as a full member. VdK advocates for the professional, honest and transparent design of  online debt financing as well as compliance with the high standards by all market participants. NordIX AG, founded in 2009,… Read More

December 6, 2021 @ 9:50 am By Omar Faridi  |  

Ali Niknam, CEO and founder of European Fintech bunq, recently noted that they are starting off on a “new beginning for bunq” Niknam wrote in a blog post dated December 2, 2021 that today “marks the start of a new chapter in bunq’s history.” Niknam… Read More

December 4, 2021 @ 5:17 pm By Omar Faridi  |  

Fintech firm BillFront announced that it has acquired €50 million in a multi-currency asset-backed financing from Fasanara Capital and “adopted a new name: Vane.” The rebrand to Vane reflects the firm’s strategy to introduce a more extensive suite of financial products and illustrates “how Vane… Read More

December 4, 2021 @ 4:07 pm By Omar Faridi  |  

viafintech GmbH, which is part of specialized payments platform Paysafe (NYSE: PSFE), has formed a new partnership with Solarisbank AG with “a joint vision to replace the classic bank branch and physical locations for basic banking services.” As one of Europe’s major banking-as-a-service (BaaS) platforms,… Read More