Tagged: germany

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

November 4, 2017 @ 12:00 pm By Samantha Hurst  |  

N26, a digital-only challenger bank based in Germany, announced on Friday it is launching its services in the UK in early 2018. This news comes after the fintech startup announced plans to launch in the U.S. next year. UK customers may now get early access by signing… Read More

October 23, 2017 @ 3:58 pm By Samantha Hurst  |  

London-based fintech startup Divido announced on Monday it has expanded into Germany. Founded in 2014, Divido describes itself as a young, fast growing, technology company in the process of changing the old school financial services sector. The company revealed that it allows merchants to offer their… Read More

October 23, 2017 @ 1:30 pm By JD Alois  |  

Mambu is a Software as a Service (SaaS) platform that has quickly differentiated its product as a leader in the white label core banking space. The cloud based service provides a path for both traditional finance and Fintech’s to rapidly launch a digitally native financial… Read More

October 12, 2017 @ 1:56 pm By Erin Hobey  |  

Private investors may now participate in a new equity crowdfunding real estate round for a mortgage of residential buildings in Darmstadt / Frankfurt area of Germany.  “Wohnen Im Village 11” on zinsbaustein.de features ten semi-detached houses and one detached house.  Private investors can participate in the… Read More

October 9, 2017 @ 1:45 am By JD Alois  |  

Spotcap, an online lender based in Germany, has announced that it has issued over €120 million in credit lines to small and medium-sized enterprises (SMEs). Spotcap also shares it has raised an additional €22 million of equity and debt funding from its existing investor network. In… Read More

October 4, 2017 @ 9:10 am By Samantha Hurst  |  

listnride, a Germany-based bike-sharing community platform, has completed its equity crowdfunding round on Seedrs with more than €325,000 secured. listnride describes itself as a community marketplace that allows individual bike owners to rent out their bikes to travelers and locals looking to explore, in a location independent way. People… Read More

September 20, 2017 @ 11:52 am By JD Alois  |  

  Raisin GmbH is growing rapidly and today the “European Deposit Marketplace” is moving into the UK with the acquisition of PBF Solutions. The company’s intent is to give UK savers a better choice for saving their money with their Fintech platform. Raisin GmbH has… Read More

September 14, 2017 @ 2:06 pm By JD Alois  |  

Target Global, a venture capital firm based in Berlin, has closed on a new €100 million fund focused on early stage investments in marketplace, mobility, Insurtech, Regtech and Fintech. Target Global Early Stage Fund I will invest in Seed and A rounds, and is expected… Read More

September 13, 2017 @ 2:13 pm By Samantha Hurst  |  

Munich-based electric car startup, Sono Motors GmbH, has successfully secured its initial €1 million funding target through its Seedrs initiative from more than 550 investors. The company launched the initiative last month, seeking the funds as it prepares to expand its vehicle line.  As previously reported, the company… Read More

September 10, 2017 @ 8:15 am By JD Alois  |  

N26, a digital only challenger bank based in Germany, has installed Mambu’s software to power its online banking service. Prior to receiving its full banking license in 2016, N26 utilized a partner banks platform. After its banking license was approved,  N26 used an in house… Read More

September 8, 2017 @ 7:46 am By Samantha Hurst  |  

Peer-to-peer lending platform Fellow Finance announced on Thursday it has officially made its debut in Germany, with the help from Wirecard Bank. According to the online lender, Wirecard Bank is supporting its entry into the country by placing the bank’s German full banking license at… Read More