Tagged: germany

July 10, 2025 @ 5:58 am By Omar Faridi  |  

The German Federal Financial Supervisory Authority (BaFin) has recently highlighted both the transformative potential of financial technology and the risks posed by unregulated financial activities. Through a keynote speech at BaFinTech 2025 and consumer warnings about unauthorized entities, BaFin underscores its dual role as a… Read More

July 10, 2025 @ 3:26 am By Omar Faridi  |  

Germany’s pension system, a cornerstone of its social security framework since 1889, is undergoing significant changes to address the challenges posed by an aging population, declining birth rates, and economic pressures. These developments have been examined in a position paper by Upvest. The recently introduced… Read More

July 7, 2025 @ 4:14 am By JD Alois  |  

CarOnSale is reporting a €70 million Series C funding round. CarOnSale is an online marketplace for car trading serving car professionals and OEMs, addressing a sector that has been historically fragmented. The funding round was led by HV Capital, along with participation from Insight Partners,… Read More

July 5, 2025 @ 2:04 am By Omar Faridi  |  

Xaver and Upvest have revealed a strategic partnership to enable financial institutions to launch fully digital pension and investment products in Germany. ‍Xaver’s AI-native financial advisory and sales platform “Xaver One” seeks to provide autonomous AI financial advisors that “engage customers across chat, voice, and… Read More

July 3, 2025 @ 1:44 am By Omar Faridi  |  

Stripe is showing off new products that aim to accelerate its growth and the growth of German businesses. The announcements were made at Stripe Tour Berlin, the company’s gathering of business professionals in Germany. New products and features in Germany include: Access to growth capital… Read More

July 2, 2025 @ 4:16 am By JD Alois  |  

Stripe and TrueLayer are partnering on Pay by Bank in Germany and France. According to a release, the initiative builds upon the success the two firms had in the UK. By offering Pay by Bank, users can access a streamlined and more effective payment process… Read More

July 2, 2025 @ 2:41 am By Omar Faridi  |  

N26 is planning changes to its leadership team. Effective 1 December 2025, Jochen Klöpper will be “appointed Managing Director and assume responsibility for risk management and compliance functions at N26.” He replaces Carina Kozole who will leave the company “effective 31 July 2025 to take… Read More

June 29, 2025 @ 12:35 am By Omar Faridi  |  

BNP Paribas announces that its Securities Services business, a global custodian with EUR 14.3 trillion in assets under custody1, has entered an agreement with HSBC for the acquisition of the custody and depositary bank business of HSBC Continental Europe S.A., Germany, “subject to regulatory approvals.”… Read More

June 28, 2025 @ 2:44 am By Omar Faridi  |  

In Frankfurt, BBVA officially launched its new digital bank in Germany. It combines technology, through one of the most widely-used financial apps in the world, with a new value proposition: an “interest-bearing checking account paying three percent for the first 12 months, and a debit… Read More

June 28, 2025 @ 1:40 am By Omar Faridi  |  

In an evolving global business landscape, German companies are doubling down on digital transformation and diversifying their investment strategies to navigate geopolitical uncertainties. Two recent studies by KPMG, in collaboration with key industry partners, highlight these trends, showcasing how German firms are prioritizing innovation and… Read More

June 24, 2025 @ 9:48 am By JD Alois  |  

Payments software firm RS2 says it will collaborate with Visa to offer an end-to-end acceptance infrastructure. According to a statement distributed by RS2, the partnership will combine Visa’s front service with RS2’s back-end platform. The goal is to enable merchants, banks, Fintechs, etc., to tap… Read More

June 24, 2025 @ 8:48 am By Omar Faridi  |  

N26, Europe’s digital bank, along with the ifo Institute and the Technical University of Munich released a joint research report that uses granular data for the first time to examine how the cost-of-living crisis has affected the financial standing of consumers in Germany. For this… Read More

June 23, 2025 @ 8:32 am By Omar Faridi  |  

Clearstream, Deutsche Börse Group’s post-trade services provider, is launching a digital solution to transform private market fund processing. Leveraging digital capabilities through its DLT-based platform FundsDLT and integrated “with Clearstream’s Vestima fund platform, the solution – currently being introduced with selected clients prior to a… Read More

June 19, 2025 @ 3:54 pm By Omar Faridi  |  

Following the ongoing recession, the latest European Economic Outlook from KPMG signals a moderate recovery for the German economy in 2026, with real gross domestic product (GDP) expected to grow by 1.1% – the first noticeable upturn in four years. This year, it is likely… Read More

June 18, 2025 @ 8:20 am By Omar Faridi  |  

Erald Ghoos, CEO for OKX Europe, has noted that the digital assets firm has launched its fully regulated centralized crypto exchanges in Germany and Poland. According to the OKX CEO, this is more than “just a geographic expansion, it’s a commitment to building the future… Read More

June 12, 2025 @ 5:51 am By JD Alois  |  

Berlin-based Payrails has raised $32 million in a Series A funding round. The investment was led by HV Capital, with continued backing from EQT Ventures, General Catalyst, and Andreessen Horowitz. The total raised to date now stands at $52.8 million. Founded in 2021, Payrails is… Read More

June 9, 2025 @ 8:10 am By Omar Faridi  |  

European digital  bank N26 is making strides in both the financial and telecommunications sectors with its strategic business moves. The Berlin-based neobank is reportedly exploring a new funding round that could reshape its investor landscape while simultaneously breaking new ground by becoming the first digital… Read More

June 7, 2025 @ 5:36 pm By Omar Faridi  |  

KPMG has noted that generative AI is becoming an integral part of German companies. KPMG also recently mentioned that “91% of companies now see it as crucial to their business model and future value creation – compared to 55% in the previous year.” This was… Read More

June 4, 2025 @ 10:06 pm By Omar Faridi  |  

N26 announced the evolution of its premium subscription tier, “N26 You”, to “N26 Go”, a premium tier designed specifically for frequent travelers and modern explorers, giving them “access to seamless banking, saving and investing both at home and on the go.” N26 Go aims to… Read More

June 2, 2025 @ 2:52 pm By Omar Faridi  |  

PayPal (NASDAQ: PYPL) has announced multiple long-term, strategic partnerships with a range of Germany’s favorite brands, as part of a major expansion into in-store payments. The first resulting initiative – Deal Week – is available to “consumers across Germany today.” Deal Week cashback from PayPal… Read More