Tagged: germany

December 17, 2020 @ 9:00 am By JD Alois  |  

N26, a Germany based Fintech, says it plans another funding round before a possible initial public offering (IPO) in 2023 at the earliest, according to a report. As well, the digital bank is predicting break even at some point in 2021 as it seeks to… Read More

December 16, 2020 @ 2:09 pm By JD Alois  |  

Germany has legalized securities managed via blockchain technology, according to a statement by the German government. Enabling digital securities is part of a broader strategy in enabling new technology. The Federal Cabinet has approved the draft law on the introduction of electronic securities that was… Read More

December 15, 2020 @ 11:56 am By JD Alois  |  

Neufund, an aspiring early-stage digital asset marketplace that connects investors with early-stage firms, has announced a €4 million investment led by Atlantic Labs and Udo Schloemer (founder and CEO of Factory Berlin). Additional investors in the round include Freigeist Capital and Dario Suter (founder and… Read More

December 11, 2020 @ 11:00 am By JD Alois  |  

Wirecard, the Fintech that deserves the award for the most spectacular fraud and ensuing collapse of 2020, continues to earn headlines for the financial disaster. It was recently reported that Deutsche Bank’s head of accounting was compelled to temporarily step aside due to his involvement… Read More

December 11, 2020 @ 9:46 am By Samantha Hurst  |  

Solactive, a Germany-based technology-enabled provider of indices and index solutions to the global financial services industry, announced on Thursday it received a €50 million minority investment from global growth equity firm Summit Partners. Founded in 2007, Solactive states it focuses on tailor-made indices across all… Read More

December 10, 2020 @ 1:00 am By JD Alois  |  

Upvest has closed on a €12 million Series A+ funding round led by Earlybird. This follows Series A funding led by Notion Capital and HV Capital, with participation from Partech. The founders of N26, IDNow, and Consorbank have joined in the round as well. Upvest… Read More

December 9, 2020 @ 8:17 am By JD Alois  |  

Bitbond, a European digital asset platform, has partnered with Bankhaus von der Heydt (BVDH), one of Europe’s oldest banks, to issue a EURO stablecoin (EURB). The stablecoin is available today and is leveraging the Stellar blockchain network. The stablecoin is said to be the first… Read More

December 6, 2020 @ 3:03 pm By Omar Faridi  |  

PostFinance, the financial services division of Swiss Post, and CoCoNet, a Germany-headquartered digital banking service provider, are teaming up to launch a cash management platform for corporate clients. The new solution will aim to provide various cash management services to PostFinance‘s corporate customers, which includes… Read More

December 5, 2020 @ 12:37 pm By Omar Faridi  |  

Chainlink (LINK), a “decentralized” Oracle network that securely connects various blockchain-based smart contracts with data from “the real world,” has announced that it has awarded a grant to Anyblock Analytics, a Germany-based infrastructure provider and development “shop” for blockchain-powered solutions. According to a blog post… Read More

November 30, 2020 @ 11:36 am By JD Alois  |  

Investment crowdfunding platform Engel & Völkers says that following its first project in Spain, the investment platform will expand its partnership with the logistics park in the Villaverde district of Madrid. In September, Engel & Völkers reports that in just 30 hours it raised €2… Read More

November 30, 2020 @ 10:28 am By Samantha Hurst  |  

  Germany-based banking as a service platform solarisBank is reportedly planning to expand its services in Europe this upcoming year. CEO of the banking group, Roland Folz, revealed to Reuters that he and his team will be working on getting the solarisBank products in a string… Read More

November 30, 2020 @ 10:08 am By JD Alois  |  

Following a successful securities offering on Seedrs earlier this year where EstateGuru raised over €900,000, the Fintech has solidified its expansion into Germany – a country that has long been home to a good number of platform investors. EstateGuru was founded in Estonia in 2013… Read More

November 26, 2020 @ 9:21 am By JD Alois  |  

ETC Group, a digital security firm, is out with note claiming that since listing on the Deutsche Boerse’s Xetra the BTCetc Bitcoin Exchange Traded Crypto (ticker BTCE) has become the most liquid Bitcoin backed exchange-traded product (ETP) in the world. BTCE is 100% backed by… Read More

November 25, 2020 @ 7:29 am By Omar Faridi  |  

Germany-based CrossLend, a platform that provides a digital debt marketplace with a goal to make the global lending and investment ecosystem more efficient, transparent and profitable, is reportedly offering its Europe-based lenders access to its data analytics software free of cost. CrossLend said the tools… Read More

November 24, 2020 @ 8:32 am By Samantha Hurst  |  

Digital-only bank platform N26 announced on Monday the launch of its new banking accounts, N26 Smart and N26 Business Smart. The accounts feature most of N26’s money management features to help account users “spend and save with confidence.” The banking group explained: “Alongside all the… Read More

November 20, 2020 @ 8:06 am By JD Alois  |  

EstateGuru, an Estonia-based peer to peer lender facilitating secured loans, has announced a partnership with Varengold Bank in Germany. According to a note from EstateGuru, the term sheet provides for a fronting agreement where Varengold will provide a regulatory umbrella for EstateGuru to provide an… Read More

November 19, 2020 @ 9:25 pm By Omar Faridi  |  

  We recently connected with Bruce Pon, Founder of Ocean Protocol (OCEAN), which allows software engineers to build marketplaces and other apps to privately and securely publish, exchange, and consume data. Pon is also the CEO at BigChainDB, which is an organization that allows app… Read More

November 19, 2020 @ 10:15 am By JD Alois  |  

Infamous Fintech Wirecard AG (WDI:DE) has seen its core European business sold to Banco Santander according to the insolvency administrator. Jaffe reports that the assets of Wirecard AG, Wirecard Technologies GmbH and other companies of the Wirecard Group, and the assets of the European core business were… Read More

November 19, 2020 @ 9:01 am By Omar Faridi  |  

Prominent digital bank Revolut has confirmed that it will support Open Banking for its customers in Germany. According to a release, the new Open Banking features will allow Revolut’s German customers to easily connect their accounts at Comdirect, Commerzbank, Deutsche Bank, ING-DiBa and Sparkasse with… Read More

November 13, 2020 @ 9:33 am By JD Alois  |  

Deutsche Bank’s research division is out with an edition of Konzept that tackles contemporary political and economic issues while looking towards the future. One area of focus is digital innovation and how it impacts the European Union’s ability to compete – globally. According to Deutsche… Read More