Tagged: germany

November 20, 2018 @ 4:00 am By JD Alois  |  

Berlin-based Neufund, an end to end security token platform, is set to host Europe’s first primary issuance of tokenized equity that is offered to the general public. The first company to use the blockchain based Neufund platform will be parent company Fifth Force GmbH which is… Read More

November 19, 2018 @ 7:37 am By Samantha Hurst  |  

FinLeap, the fintech start-up platform behind Germany’s SolarisBank, announced on Monday it secured €41.5 million in its investment round, led by Ping An‘s Global Voyager Fund. As previously reported, FinLeap was co-founded by Jan Beckers, Ramin Niroumand and Hendrik Krawinkel to found and build digital start-ups within the financial industry. Its portfolio companies… Read More

November 18, 2018 @ 8:55 am By JD Alois  |  

The Blockchain Bundesverband, an association for the promotion of blockchain technology in Germany, has announced a new think tank for token regulation. “thinkBLOCKtank” will release a joint paper supported by various European countries entitled EU Token Regulation as the group seeks to drive the regulatory… Read More

November 9, 2018 @ 8:35 am By JD Alois  |  

It has been a few choppy weeks in Germany for the blockchain / digital asset industry. Last month, a German court ruled that Bitcoin was not a financial instrument. The case centered around an enterprising teenager who launched a Bitcoin exchange five years ago. He was… Read More

November 8, 2018 @ 10:48 am By JD Alois  |  

Last month, BaFin, Germany’s security regulator, launched a public consultation on the subject of virtual currencies (or crypto). The regulator has published a draft circular regarding sector due diligence. The BaFin circular seeks a reasonable and risk-oriented approach to virtual currency. The proposed circular addresses credit, financial services, payments and e-money… Read More

November 8, 2018 @ 8:44 am By Erin Hobey  |  

Sono Motors GmbH, a Munich-based electric car startup, is revving up to surpass the €6M milestone in its most recent Seedrs equity crowdfunding campaign. At this writing, over 645 investors have plugged in funds into this overfunding campaign, surpassing €5,984,710 for 5.15% equity offered. Electric cars… Read More

November 7, 2018 @ 8:32 am By Samantha Hurst  |  

Germany-based challenger bank N26 is bringing its services to Denmark, Norway, Poland, and Sweden. This news comes just weeks after the fintech officially launched in the UK. As previously reported, N26 was founded in 2013 and stated it has redesigned banking to make it simple, fast and contemporary…. Read More

October 30, 2018 @ 5:00 am By JD Alois  |  

Insurtech omni:us has closed on a new funding round. The specific details of the funding were not reported but omni:us said that total funding to date now stands at $22.5 million. Crunchbase reports a seed round in 2016 of €4.2 million. The investment was led by… Read More

October 24, 2018 @ 8:55 am By JD Alois  |  

Neufund, a leading Germany-based Fintech startup and security token issuance platform, published an open letter to the German Bundestag today. The letter was in response to a recent court ruling in Germany that determined Bitcoin was not a financial instrument. The case centered around a… Read More

October 4, 2018 @ 8:09 am By Samantha Hurst  |  

Germany-based challenger bank N26 has officially launched in the UK in setting up an interesting battle between other competing digital banks. The Fintech reportedly issued its first British accounts on Thursday. The launch of the UK accounts comes just a few months after N26 announced it… Read More

October 2, 2018 @ 11:32 am By Cali Haan  |  

Ethereum’s mythical 17 000% 2017 price rise is but a distant memory in 2018’s long bear market, and for three-quarters of ICO (initial coin offering) projects initiated in Germany by German companies, a “loss is now closer than such dream returns,” WirtschaftsWoche reports. A total of… Read More

October 2, 2018 @ 9:05 am By Samantha Hurst  |  

Kontist, a Berlin-based challenger bank, announced on Tuesday it secured a Series A investment to expand the financial services available to freelancers, small businesses, and entrepreneurs. The round was led by Haufe Group, one of Germany’s providers of digital workplace solutions and services with participation from… Read More

September 27, 2018 @ 7:36 am By JD Alois  |  

Neufund, Europe’s first security token issuance platform, has partnered with Liechtenstein-based Blocktrade to provide additional liquidity in security tokens. Neufund has previously announced partnerships with the Malta Stock Exchange, Binance and BitBay for secondary transactions.  The move is designed to boost liquidity in the nascent security… Read More

September 18, 2018 @ 8:04 am By JD Alois  |  

Aescuvest, a Germany based investment crowdfunding platform, has announced it will now operate on a pan-European basis. Aescuvest has partnered with EIT Health to become the first online investment platform to offer crowdfunding specifically for SMEs in the healthcare sector Aescuvest states that it will… Read More

September 16, 2018 @ 9:37 pm By Samantha Hurst  |  

Kreditech, a Germany-based fintech that’s targeting the digital banking space, announced on Friday that its founder and former CEO Alexander Graubner-Müller is stepping down from his operational role as a managing director. Graubner-Müller reportedly co-founded Kreditech with Sebastian Diemer in 2012 and after initially acting as… Read More

September 9, 2018 @ 8:30 pm By JD Alois  |  

Real estate crowdfunding platform zinsbaustein.de has received additional backing from the Sontowski & Partner Group. Zinsbaustein founding group FinLeap has sold its stake in the firm and is now focusing on building the recently introduced “B2B2X Fintech” platform. Investor Marc Stilke will also expand his involvement… Read More

September 7, 2018 @ 8:06 am By JD Alois  |  

COMPEON, a full-service commercial financing provider that connects businesses to both traditional banks and Fintechs, has created a new “digital link” with online lender iwoca to provide access to speedier loans. COMPEON, based in Düsseldorf, says this steps up the existing partnership between the finance portal… Read More

September 6, 2018 @ 10:33 am By JD Alois  |  

WOM Token or “Word of Mouth” has received an investment from Advanced Blockchain AG for an undisclosed amount of funds. WOM Token Ltd. is said to be building a blockchain-based protocol that gives brands, content creators, and social networks a method to monetize word-of-mouth recommendations… Read More

August 23, 2018 @ 7:31 pm By JD Alois  |  

Marcus began its existence as a mere online lender seeking to provide consumers with affordable credit all online. But as time moves on, it is becoming more clear that Marcus is being positioned as not just providing loans but becoming the bank of the future:… Read More

August 22, 2018 @ 4:01 pm By JD Alois  |  

In a creative use of the English language, Berlin based digital challenger bank N26 is out with a promotional campaign that is rather blunt. As depicted below in a Tweet courtesy of @Skollma, N26 goes straight to the point and says F¥€K Fees. #nobullshit. The marketing… Read More