Tagged: germany

June 11, 2020 @ 1:51 pm By Samantha Hurst  |  

Payment processing platform Klarna has teamed up with deposits marketplace Raisin to launch a cooperation in Germany. Raisin reported that by partnering with the Berlin-based fintech Klarna is further expanding into the German savings market. “In a first for Klarna, and available exclusively to Raisin’s customers… Read More

June 10, 2020 @ 11:07 am By Omar Faridi  |  

  The ETC Group, a company established by experienced financial services professionals, announced on June 9, 2020 that they will be listing the world’s first “centrally cleared” Bitcoin ETC, BTCetc Bitcoin Exchange Traded Crypto – (BTCE) on Deutsche Börse’s XETRA platform. As noted in a… Read More

June 8, 2020 @ 9:57 am By Omar Faridi  |  

Amsterdam based Fintech BUX, a retail brokerage company that announced a “soft launch” version of its digital asset exchange earlier this year, will be expanding its stock trading services into Austria and Germany. The commission-free trading app provider is introducing its investment platform, Bux Zero,… Read More

June 8, 2020 @ 7:42 am By Omar Faridi  |  

Berlin-headquartered Vivid Money, a digital banking service provider that’s supported by Russia’s Tinkoff Bank, launched on June 8, 2020 through a partnership with solarisBank and payments giant Visa. Vivid Money says it’s the first mobile-based, full-service banking solution, providing cashback incentives, sub-accounts in major foreign… Read More

May 27, 2020 @ 11:35 pm By Omar Faridi  |  

German Fintech firm TIS (Treasury Intelligence Solutions), which offers a cloud-powered platform for handling cash flows and corporate payments, has acquired $20 million in additional funding. TIS’ latest investment round was led by Aquiline Technology Growth. Existing investor 83North also made contributions. TIS’ management noted… Read More

May 27, 2020 @ 10:15 am By JD Alois  |  

norisbank, part of Deutsche Bank Group, has launched a deposit marketplace offering “selected third-party banks” savings options via Deposit Solutions. The Fintech states that after a successful launch of “norisbank ZinsMarkt,” the new service will be expanded into an online marketplace with fixed-term deposit products… Read More

May 25, 2020 @ 9:21 am By Omar Faridi  |  

  Digital banks are on track to serve as many clients in Ireland as traditional banking service providers, according to N26, an all-digital challenger that recently secured $100 million in funding for its ongoing growth and development. The German neobank reports double-digit growth in the… Read More

May 23, 2020 @ 3:22 pm By Omar Faridi  |  

UK-based, By Miles, a pay-by-mile automobile insurance service provider, has secured £15 million in funding through a Series B investment round led by CommerzVentures. Existing investors Octopus Ventures, Insurtech Gateway and JamJar investments also took part in By Miles’ latest round. Established in October 2014… Read More

May 18, 2020 @ 8:54 am By JD Alois  |  

Eurozone savers deposited €43 billion in March 2020, marking the eighth month where net inflows exceeded 40 billion euros since February 2019, according to a report by Hamburg, Germany based Fintech and open banking platform Deposit Solutions. The company’s research indicates that French savers deposited… Read More

May 17, 2020 @ 4:09 pm By Omar Faridi  |  

Singapore-based Anquan Capital Pte. Ltd, a group of technology firms, has teamed up with the Fintech division of Germany’s WEG Bank AG, which offers services under the TEN31 brand name. Anquan Capital has established several innovative tech companies including Anqlave, Aqilli, and Zilliqa. TEN31 Bank,… Read More

May 14, 2020 @ 7:41 am By Omar Faridi  |  

Germany-based neobank Bitwala will allow its 80,000+ customers to buy, hold, and earn interest on Bitcoin through their bank accounts. Bitwala’s new cryptocurrency service is being offered through a partnership with the developers of the Celsius Network, a major digital assets lending platform. DefiPrime data… Read More

May 7, 2020 @ 12:45 pm By Therese Torris  |  

  German SME lending platform creditshelf announced that it has received €62 million in investor funds, including €30 million from the European Investment Fund (EIF) as lead investor, to set up the “Creditshelf Loan Fund”. The diversified fund will help creditshelf meet German small and medium-sized enterprises… Read More

May 7, 2020 @ 9:56 am By Omar Faridi  |  

German Fintech Finleap‘s proprietary platform, Finleap Connect, has introduced a white-label mobile banking app that businesses can quickly launch with their own company name and  branding. Finleap’s virtual banking app allows users to maintain an all-digital account, which may be used to conduct e-commerce transactions… Read More

May 5, 2020 @ 12:44 pm By Samantha Hurst  |  

Getsafe, a Germany-based insurtech startup, is reportedly delaying expansion into other European markets due to the COVID-19 pandemic. This news comes just a few months after Getsafe announced its expansion into the UK. As previously reported, Getsafe claims it is looking to reinvent insurtech and is… Read More

May 5, 2020 @ 12:25 pm By Omar Faridi  |  

Germany-based Black Manta Capital Partners, a security token offering (STO) platform, has teamed up with Finoa, a digital asset custody firm, in order to offer custody solutions for security tokens to institutional clients. Both companies aim to work together to create a compliant security token… Read More

April 30, 2020 @ 4:03 pm By Samantha Hurst  |  

Mambu, a German SaaS banking platform provider, announced on Thursday it has formed a partnership with Tide, a UK-based business banking platform to power Tide’s revolving credit facilities and overdrafts for SME’s. Mambu reported that through the partnership it will help Tide scale and focus… Read More

April 30, 2020 @ 11:23 am By JD Alois  |  

  We are hearing a lot of chatter about some online lending platforms halting originations and some real estate crowdfunding platforms pulling back. A report out of the DACH countries provides some European perspective. In the DACH countries, property investment has been a standout performer… Read More

April 29, 2020 @ 10:36 am By Samantha Hurst  |  

XTM, a Canada-based fintech that provides mobile banking and payment card solutions, announced on Wednesday it has listed its common shares for trading on the Frankfurt Stock Exchange (Deutsche Boerse AG) under the “7XT” symbol. XTM reported its shares will now be cross-listed on the… Read More

April 29, 2020 @ 8:30 am By JD Alois  |  

Deposit Solutions, a Fintech based in Hamburg, Germany, is reporting some solid numbers. According to the company, its Open Banking platform has now transmitted a total volume of €25 billion in savings deposits, up from €16 billion 12 months ago. Deposit Solutions now reports 150… Read More

April 28, 2020 @ 2:07 pm By Samantha Hurst  |  

Fintech Europe, Plug and Play’s fintech-focused innovation platform based out of Frankfurt, Germany, announced on Tuesday the ten startups selected for its fifth batch. The platform revealed that after screening applications from all over the world and intensive weeks of reviewing preselected startups with the partners,… Read More