Tagged: germany

February 6, 2018 @ 11:37 am By Samantha Hurst  |  

On Tuesday, German marketplace lender for SMEs, creditshelf, announced it is extending the maximum term of its arranged loans from 36 to 60 months. The online lending platform also reported that the maximum loan amount will double from previous €2.5 million to €5 million with… Read More

February 5, 2018 @ 8:43 am By JD Alois  |  

Berlin based Penta, a challenger bank for startups and businesses, has raised €2.2 million in seed funding just one month after launching in Germany. The investment round was led by Inception Capital, a Fintech focused VC based in the UK. Penta is a partner of Berlin… Read More

February 1, 2018 @ 12:44 am By JD Alois  |  

Banco BNI Europa and Funding Circle have entered into a partnership to provide access to capital for small and medium-sized businesses in Germany, according to the bank. Banco BNI Europa is a digital challenger bank based in Portugal. As part of the agreement, Banco BNI… Read More

January 25, 2018 @ 7:52 am By JD Alois  |  

Launched just four years again, Fintech platform Raisin has become an unqualified success. Today, the company is announcing that it has topped €5 billion in savings deposits having doubled the amount of accounts in just one year. Raisin, based in Germany, allows users to surf savings… Read More

January 23, 2018 @ 12:35 am By JD Alois  |  

The IOTA Foundation is one of the more fascinating entries into the cryptocurrency world. A high profile concept that has encountered controversy almost from the beginning, the German based company has made big promises while being pin-balled around by criticism and plaudits alike. IOTA has… Read More

January 22, 2018 @ 2:10 pm By JD Alois  |  

  @DavidSonstebo & @DomSchiener I am looking forward to start serving on the Supervisory Board of the IOTA Foundation. Great work @iotatoken! https://t.co/moKjBkyIMl — Johann Jungwirth (@JohannJungwirth) January 21, 2018 The IOTA Foundation has announced that Johann Jungwirth, Chief Digital Officer of Volkswagen, has joined… Read More

January 22, 2018 @ 8:39 am By JD Alois  |  

BAWAG Group and Berlin based Fintech Spotcap have formed a strategic partnership to give Austrian small and medium-sized enterprises (SMEs) access to same-day financing. The partnership is said to be the first time Spotcap will offer its lending platform and proprietary analytics to a bank and marks… Read More

January 16, 2018 @ 8:22 am By JD Alois  |  

Deutsche Bank has announced a new strategic partnership with Insurtech firm Friendsurance. The arrangement will see the two companies working together to advise clients and help them take out and manage insurance policies. Deutsch Bank’s goal is to make it more simple, transparent and convenient… Read More

January 10, 2018 @ 9:17 am By JD Alois  |  

Hamburg, Germany based Sutor Bank (founded in 1921) has launched a new “micro-investment app” described as delivering an “investment to go’ feature for users. Sutor Bank said it is expanding its range of Fintech collaborations by partnering with startup savemate providing the investment app that… Read More

January 10, 2018 @ 8:14 am By JD Alois  |  

Yesterday, Transferwise, the UK based Fintech Unicorn, announced it had launched a borderless debit card for a group of trial users. Basically it is a current account that can be used anywhere minus the silly fees banks charge consumers. Transferwise will commence a wide release… Read More

January 4, 2018 @ 12:09 pm By JD Alois  |  

The IOTA Foundation, the decentralized platform with big ambitions, has formed a new partnership with the International Transportation Innovation Center (ITIC) to build a global alliance of smart mobility testbeds. ITIC’s focus is described as building a global network of open and closed testbeds to… Read More

December 20, 2017 @ 10:50 am By JD Alois  |  

Raisin, a unique financial marketplace that empowers savers to access the best interest rates across Europe, has received a strategic investment from global payments platform PayPal (NASDAQ:PYPL). This is an interesting development for Berlin based Raisin and a further validation of their disruptive service. Raisin… Read More

December 14, 2017 @ 3:56 pm By Samantha Hurst  |  

Earlier this week, Brazilian fintech startup Nubank announced it has opened an engineering unit in Berlin. According to CTO Edward Wible, the company is expecting to hire two dozen employees for the new German hub. Founded in 2013, Nubank stated it is committed to fighting… Read More

December 6, 2017 @ 8:03 am By JD Alois  |  

Raisin, a pan-European marketplace for savings products, has topped 100,000 investors representing an interesting twist in Fintech disruption. As we reported this past summer, Raisin had convinced 75,000 investors to switch over €3 billion into savings accounts held at foreign banks. Today, that number is higher. This… Read More

December 5, 2017 @ 7:52 am By JD Alois  |  

Moneyou, is the digital brand of the Dutch mega bank ABN AMRO.  Berlin-based solarisBank, a digital only banking platform that has a full banking license, has just inked an agreement to integrate with Moneyou to provide instantaneous online lending for consumers. Moneyou’s German customers may… Read More

November 28, 2017 @ 1:01 am By JD Alois  |  

LATTICE80, a Singapore based Fintech hub that is the largest of its kind, has partnered with IOTA Foundation to open up a new innovation lab in Singapore. IOTA Foundation, based in Germany, holds a mission to support the development and standardization of distributed ledger technologies (DLT… Read More

November 14, 2017 @ 10:56 am By Samantha Hurst  |  

On Tuesday, German digital-only challenger bank N26 announced it was launching Apple Pay support in Spain, Italy, and Finland. This news comes just after the bank launched the payment method’s support in France. “What if there were a way to pay without your card that is… Read More

November 10, 2017 @ 2:10 am By JD Alois  |  

Germany’s financial regulator, the Federal Financial Supervisory Authority (BaFin), has published a consumer warning today on Initial Coin Offerings (ICOs). BaFin said the purchase of cryptocurrency coins or tokens may result in substantial risks for investors calling them highly speculative. The agency said the high… Read More

November 7, 2017 @ 1:21 pm By Erin Hobey  |  

Investoo Group has acquired Bitcoinmag.de, expanding its reach into the DACH cryptocurrency market. The German language site Bitcoinmag.de is a resource for crypto investors, providing purchase and price information, and allowing visitors to compare exchanges and platforms. The site will sit alongside an existing portfolio of… Read More

November 7, 2017 @ 8:15 am By JD Alois  |  

Brauhaus am Turm GmbH, a wholly owned subsidiary of the Japanese noodle restaurant MoschMosch, is now collecting up to €500,000 euros through a crowdfunding website operated by CrowdDesk for the opening of a brewery at the newly-built Henninger Turm in Frankfurt am Main. “The Brauhaus… Read More