Tagged: germany

February 13, 2019 @ 3:25 pm By Therese Torris  |  

Düsseldorf-based Fintech auxmoney has surpassed its targets in 2018. Loan volume increased by 74 percent compared to 2017. Raffael Johnen, Founder and CEO of auxmoney, commented: “While the major German banks are in crisis mode, the leading German fintechs are always setting new records. With… Read More

February 13, 2019 @ 7:39 am By JD Alois  |  

The Gibraltar Blockchain Exchange (GBX) has listed the Iconiq token “ICNQ” to its Digital Asset Exchange (GBX-DAX). Since the beginning of 2019, GBX-DAX has listed XRP, EOS, TRON, XLM, and now ICNQ. In 2018, GBX-DAX received a full “Distributed Ledger Technology (DLT) Licence” from the Gibraltar… Read More

February 11, 2019 @ 8:58 am By Karsten Wenzlaff  |  

The European Parliament Elections are looming in May – and so far, there is no progress in sight regarding the European Crowdfunding Service Provider Regime. It remains unclear whether the Romanian Finance Minister TEODOROVICI will make the conclusion of the negotiation process a priority. The… Read More

February 9, 2019 @ 12:11 pm By Cali Haan  |  

Five men and one woman have been arrested in Klingenthal, Germany and are charged with stealing 220 000 Euros ($249 843 USD) worth of electricity to run a cryptocurrency mine consisting of 49 computers housed in an industrial facility, Freie Presse reports. Officials reportedly detected… Read More

February 6, 2019 @ 8:01 am By JD Alois  |  

Raisin, an online marketplace for savings and investment products, has closed a Series D funding round raising $114 million. This brings total funding for the Fintech to $200 million. Raisin said that existing investors Index Ventures, PayPal, Ribbit Capital and Thrive Capital all participated in… Read More

February 5, 2019 @ 9:14 am By Erin Hobey  |  

The German digital insurance platform Friendsurance, which serves nearly 150,000 customers and works together with 175 insurance companies, now offers its digital bancassurance solutions under the new brand name Friendsurance Business. The expansion was made in  response to the increased demand from banks and insurance… Read More

February 5, 2019 @ 8:10 am By JD Alois  |  

Falkensteiner Hotels & Resorts and Finnest have closed on an €8.5 million funding round – one of the largest ever for a crowd finance platform. Finnest GmbH, headquartered in Vienna, Austria, is a Fintech providing crowdfunding services in the DACH region as well as Slovakia and Croatia…. Read More

February 1, 2019 @ 1:29 am By Cali Haan  |  

The co-founder of IOTA, Dominik Schiener has told Reuters that a majority of the 10 million Euros ($11.4 million USD) in IOTA crypto tokens that police believe was stolen by a lone hacker from Oxford, England, has been located, The 36-year-old accused hacker was arrested last… Read More

January 31, 2019 @ 11:07 am By JD Alois  |  

Boerse Stuttgart Group has officially launched their long-anticipated crypto asset trading platform: Bison. The regulated stock exchange has released an App after a year of development, available for both iOS and Android, to enable the trading of Bitcoin, Ethereum, Ripple, and Litecoin. This is a no-fee trading… Read More

January 28, 2019 @ 1:00 am By Zoë Adamovicz  |  

We often hear that “code is law”. It means that all transactions happening on decentralized networks are final and immutable. It does not mean, however, that code derives from the law. The legal frameworks we operate within are not God-given. They are social agreements that… Read More

January 24, 2019 @ 5:31 pm By JD Alois  |  

Neufund, a security token offering platform, completed its first issuance of digital securities in their parent company, Fifth Force GmbH, company last month. The purchased tokens will be minted for shareholders on February 12, if everything goes as planned. The equity token raised an equivalent of €3… Read More

January 22, 2019 @ 7:59 am By JD Alois  |  

Online lender creditshelf has shared the results of their “Financing Monitor 2019.” According to their research, Germany-based SMEs are feeling the consequences of international trade conflicts and questions. “Every second company reports that access to credit has deteriorated compared to the previous year.” creditshelf states… Read More

January 22, 2019 @ 2:31 am By Erin Hobey  |  

  vanilla bean, claiming the title as “the world’s first packaging-free restaurant delivery service,” offers CO2-free, fair, and 100% vegan packaging. The Regensberg, Germany based company aims to help solve the problem of packaging waste: almost 50% of the plastic waste produced worldwide comes from packaging…. Read More

January 17, 2019 @ 6:52 am By JD Alois  |  

Temenos AG (SIX: TEMN), the Switzerland based banking software provider, has added Fintech Raisin to their Marketplace. Raisin is an online service that enables savers to earn the highest interest rate possible in a current account regardless of geography. Temenos provides banking software to more… Read More

January 16, 2019 @ 12:26 pm By Samantha Hurst  |  

creditshelf AG, a digital SME financing lender in Germany, announced on Tuesday it has appointed Dr. Gregor Heinrich as Chief Technology Officer. According to creditshelf, Dr. Gregor Heinrich has more than 10 years’ experience as a CTO, with most recently at Stonebranch, a mid-size provider of… Read More

January 15, 2019 @ 8:18 pm By JD Alois  |  

Last week, it was picked up by Crunchbase that Wefunder, a Reg CF crowdfunding portal, has closed on a $1.7 million Series A funding round. Depending exactly how you measure it, Wefunder is a top portal providing access to capital for mainly smaller firms. Wefunder… Read More

January 13, 2019 @ 8:36 am By JD Alois  |  

Mitte, a new spin in the home beverage space that is like a Nespresso product but for water, is crowdfunding on Republic. The Berlin-based company is raising debt capital using a “Crowd SDA” [Crowd Simple Debt Agreement] seeking up to $100,000. Mitte previously ran rewards/e-commerce campaigns that have yet to… Read More

December 18, 2018 @ 10:30 am By JD Alois  |  

Germany based Fintech creditshelf Aktiengesellschaft, an SME financing platform, is launching a new partnership with CrossLend to offer the first digital securitization of SME loans in Germany. According to creditshelf, CrossLend is an investor on the creditshelf platform and purchases loan receivables as part of the… Read More

December 14, 2018 @ 12:56 pm By JD Alois  |  

Security token offering platform Neufund is in the midst of its inaugural security offering with the “equity token offering” (ETO) of its parent company Fifth Force Gmbh. CI reported earlier this week that the ETO had easily topped its soft target and now stands at… Read More

December 14, 2018 @ 8:59 am By JD Alois  |  

Fintech Raisin has distributed an update on platform progress since the company launched five years ago. The creation of CEO Dr. Tamaz Georgadze, the Berlin-based firm has now helped their customers earn over €80 million in interest during a historically low-interest rate environment. PayPal, Index Ventures, Ribbit Capital… Read More