Tagged: germany

September 19, 2019 @ 7:01 am By Cali Haan  |  

As part of a “blockchain strategy” passed Wednesday, German Chancellor Angela Merkel’s cabinet has forbidden the issuing of currencies by private companies, Reuters reports. The move is likely a direct response to the announcement of Facebook’s Libra, a proposed in-app “stablecoin” cryptocurrency the company plans… Read More

September 19, 2019 @ 1:30 am By JD Alois  |  

According to reports, the German cabinet announced its blockchain strategy today. The Economy Minister Peter Altmaier and Minister of Finance Olaf Scholz both said they see huge potential related to blockchain technology. It is believed that the energy sector can benefit from blockchain but the… Read More

September 16, 2019 @ 8:36 am By Omar Faridi  |  

Security token offering (STO) platform Neufund has received regulatory clearance from the Financial Monetary Authority (FMA) in Liechtenstein to offer securities to retail investors.  The first retail issuer on Neufund is Greyp, an electrical mobility platform that is backed by Porsche, Camel Group and T-mobile…. Read More

September 15, 2019 @ 12:16 pm By Omar Faridi  |  

Germany’s government has spoken against the authorization of the ongoing development of Facebook’s controversial stablecoin project Libra in Europe. Christian Democratic Union parliamentarian Thomas Heilmann, who’s responsible for creating CDU’s policies on blockchain technology, said the German government will not allow projects like Libra to… Read More

September 6, 2019 @ 12:24 pm By JD Alois  |  

Germany based investment crowdfunding platform aescuvest has kicked off pan-European securities offerings with Surge On Medical. The Dutch Medtech has developed technology aimed at setting new standards in precision and robotic surgery. Surge-On seeks to raise up to €5 million on aescuvest. A launch event,… Read More

September 3, 2019 @ 7:00 am By JD Alois  |  

Real estate investment platform iFunded has listed a new property investment opportunity – both retail and institutional investors may participate in the security offering. According to iFunded, the property being financed is an apartment building in Berlin with five units, three of which have already… Read More

August 28, 2019 @ 5:30 pm By JD Alois  |  

Within the Fintech industry, there is a lot of movement in the banking sector. The conventional wisdom is that old banks are over-burdened with far too many branches that consumers want to avoid and challenged with green screen technology that IT Directors live in fear… Read More

August 27, 2019 @ 7:56 am By JD Alois  |  

Raisin, a Fintech that provides an online marketplace for savers seeking better returns, has acquired fairr a retirement savings Fintech. Both companies are headquartered in Germany. The acquisition by Raisin comes following a recent funding round of €25 million from Goldman Sachs. The terms of… Read More

August 22, 2019 @ 8:17 am By Samantha Hurst  |  

Less than a month after it opened its platform in the U.S., digital-only banking group N26 announced it has made its mobile banking app available to U.S. consumers nationwide. Starting today, U.S. residents may now download the app and apply for an N26 account and… Read More

August 16, 2019 @ 10:15 pm By Samantha Hurst  |  

Germany-based global provider of digital payments and commerce solutions Wirecard announced it automatically offering all new customers a fast track to PSD2 onboarding through its digital Financial Commerce Platform. “From 14 September 2019, new rules will apply in the European Union that stipulate that every online… Read More

August 16, 2019 @ 9:30 am By JD Alois  |  

Bitbond, a Germany based global peer to peer lender, is visiting Bermuda this week. Bitbond recently closed on a BaFin approved security token offering raising €2.1 million for a digital bond. Investors from 87 different countries participated in the offering (minus the US and Canada)…. Read More

August 15, 2019 @ 2:11 pm By Samantha Hurst  |  

Germany-based global provider of digital payments and commerce solutions Wirecard announced on Thursday the launch of its new Grab & Go Store prototype. According to Wirecard, the store offers an entirely new shopping experience through AI. “Consumers enter the store via smartphone, pick products which are… Read More

August 14, 2019 @ 9:10 am By Samantha Hurst  |  

FinLeap, the fintech start-up platform behind Germany’s SolarisBank, announced on Wednesday the launch of its new business unit, FinLeap Connect. According to FinLeap, the fintech platforms finreach solutions and infinitec solutions will become part of this business unit. “The finleap connect brand will unite finleap’s… Read More

August 7, 2019 @ 12:14 pm By JD Alois  |  

Digital-only bank N26 has opened up its platform to US customers and is sending out invites to download the App and receive an N26 card now. N26, based in Germany, is one of a group of European digital banks crossing the Atlantic to provide services… Read More

August 5, 2019 @ 7:45 am By JD Alois  |  

KKR, a global investment firm with over $150 billion in assets under management, has an agreement to acquire a majority stake in Germany based Fintech heidelpay. The deal involved AnaCap Financial Partners which is currently the majority shareholder in heidelpay. Details on the acquisition were… Read More

July 31, 2019 @ 2:40 pm By Samantha Hurst  |  

German blockchain banking group Bitwala announced on Wednesday it secured €13 million through its Series A funding round, which was led by Sony Financial Ventures and NKB Group. As previously reported, Bitwala’s mission is to empower people to exchange ideas. The company recently secured €4… Read More

July 25, 2019 @ 2:50 pm By JD Alois  |  

Bitbond, a peer to peer lending platform that recently completed a security token offering for a bond-like security (BB1), has said the token is now tradable. In a tweet, Bitbond claimed the title of the first regulated EU security token to accomplish this feat. It… Read More

July 23, 2019 @ 9:44 am By JD Alois  |  

Germany is on a bit of a securities token roll. Yesterday, Crowdfund Insider covered the launch of a blockchain-based investment platform for early-stage companies that has received regulatory approval. Today, the Fundament Group has announced a €250 Million blockchain-based real estate bond – blessed by… Read More

July 22, 2019 @ 10:08 am By JD Alois  |  

Germany’s security regulator the Federal Financial Supervisory Authority (BaFin) has approved the prospectus of StartMark to pursue a security token offering (STO). The approval was received on July 15. This will be the 2nd STO receiving the blessing of BaFin as Bitbond recently became the… Read More

July 18, 2019 @ 3:27 pm By Samantha Hurst  |  

Germany-based fintech Wirecard announced on Thursday it has formed a partnership with AUTO1 Group, a European digital automotive platform. According to Wirecard,  the agreement was created through SoftBank’s existing partnership with Wirecard and AUTO1 Group and will cover several products in the area of digital… Read More