Tagged: germany

May 10, 2017 @ 3:52 pm By Samantha Hurst  |  

Just a few months after securing $1.2 million in equity capital to continue global expansion of its SME lending, Bitbond announced it received a €5 million debt commitment from German commercial real estate firm, Obotritia Capital. As previously reported, Bitbond received a regulatory license by German… Read More

May 10, 2017 @ 9:12 am By JD Alois  |  

Kreditech, a Hamburg, Germany based Fintech company targeting the digital banking space, has received a €110 Million equity investment from PayU – a leading payments provider. The investment is the largest ever for a German Fintech firm. PayU has now acquired a significant minority stake in… Read More

May 4, 2017 @ 3:52 am By Erin Hobey  |  

Ameria, a German technology company which develops digital marketing and sales solutions for companies including HARIBO, MediaSaturn and Porsche has synced with Companisto to raise 700€K. Valued at 22,500,000€, Ameria has raised over 518,190€ for 3.02% shared offered from more than 387 investors. The largest investment to date is… Read More

May 3, 2017 @ 3:06 pm By Therese Torris  |  

Since the beginning of this year, the German government has undertaken a review of the crowdinvesting regulation introduced in July 2015. It has now officially released its conclusions and is proposing several changes to the existing law, including a most controversial exclusion of real estate… Read More

May 2, 2017 @ 11:18 am By JD Alois  |  

Leondrino, described as a currency management as a service provider with a platform and marketplace for organizations to issue their own private currencies,  has announced the first “Initial Token Offerings” (ITOs). Two companies, Chargepartner Network and Leaf Systems, will be publicly issuing their own branded… Read More

April 27, 2017 @ 8:30 am By JD Alois  |  

Jamal El Mallouki, CrowdDesk CEO and current Chair of the German Crowdfunding Association (Bundesverband Crowdfunding), wants to boost the German crowdfunding market and affiliated regulatory framework. To improve the crowdfunding ecosystem, El Mallouki and the Association have published three concrete proposals for policymakers to pursue. In… Read More

April 25, 2017 @ 9:56 am By Cole Lyons  |  

The GLS crowd, the first crowdfund platform initiated by a bank, has successfully funded their second project since their platform launch on 1 February 2017. Dachsbach UG & Co. KG, a Bavarian wind farm, was able to collect their target of €300,000 in only 14 hours…. Read More

April 20, 2017 @ 4:10 am By Erin Hobey  |  

Only three and a half years after its launch as WeltSparen in Germany, Raisin, the online marketplace for savings products, counts more than €3 billion in investments done on the platform. Raisin secured €60 million in several financing rounds from investors including Index Ventures, Ribbit Capital and Thrive Capital…. Read More

April 7, 2017 @ 8:28 am By JD Alois  |  

Online lender Kreditech has appointed two senior bankers to its advisory board. Former CEO of Vanquis Bank, Michael Lenora and CEO of OneSavings Bank, Andy Golding will now help provide guidance to the Hamburg-based Fintech tirm. Kreditech, a consumer lender and “Credit as a Service”… Read More

April 3, 2017 @ 8:31 am By JD Alois  |  

Berlin-based ecoligo, a crowdfunding startup for solar projects in emerging markets, has opened to investors today with an offer to back a 66 kWp solar installation for a flower farm in Thika, Kenya. ecoligo is seeking a total investment of €107,000 that will fund the… Read More

March 19, 2017 @ 10:03 am By Therese Torris  |  

In a move designed to firmly establish the credibility of the investment crowdfunding sector in Germany, the German Crowdfunding Association (Bundesverband Crowdfunding) announced that its 21 member platforms have adopted common, and quite stringent standards for reporting to investors. These definitely raise the bar for crowdfunding standards… Read More

March 2, 2017 @ 6:16 pm By JD Alois  |  

Finnest, an SME or “Mittelstand spezialist,” is helping Austria-based Biogena to fund its expansion in Germany. Finnest is a new online lending platform that accepts both individual and institutional investors. Finnest allows investors the ability to lend money to smaller businesses in a rate-auction process. Investors… Read More

February 23, 2017 @ 2:01 am By JD Alois  |  

Vienna-based Fintech firm cashpresso has raised €2 million in funding led by Reimann Investors and Deiter von Holtzbrinck. Existing investors Speedinvest, Hansi Hansmann and the Runtastic founders also participated in this funding round. Cashpresso is part of Credi2 GmbH. Along with Deutsche Handelsbank, cashpresso offers immediate credit of… Read More

February 22, 2017 @ 4:00 am By JD Alois  |  

Bitbond has raised $1.2 million in equity capital to help boost global expansion. The Berlin-based online lending platform has now raised total funding of $2.3 million. The funding round was led by mobilike founder Şekip Can Gökalp, plus several angels investors including, Fyber founders Janis Zech… Read More

February 21, 2017 @ 8:23 am By Erin Hobey  |  

BlackRock (BLQA) has entered into a joint venture with Germany fintech robo-operator platform Youvestor, according to a press release. BlackRock is primarily aiming the venture to insurance agents, brokers and financial advisors,  distributing its products directly through Youvestor to both end-users and consultants. Mediators will enjoy complete customer and stock protection and obtain a… Read More

February 20, 2017 @ 2:20 pm By Therese Torris  |  

At the onset of the marketplace lending market, lending to businesses was equated with lending to small and very small businesses: businesses at the low end of the small and medium-size enterprise (SME) market who were borrowing on average under €100,000.  However, as the alternative lending… Read More

February 20, 2017 @ 9:58 am By Samantha Hurst  |  

German fintech startup, Tradico, announced on Monday it received a €1 million investment from former COO and board member of Deutsche Bank, Henry Ritchotte. This investment comes just a few months after Tradico received a €2.5 million investment from Dieter von Holtzbrinck Ventures, Earlybird Venture Capital, and SpeedInvest. Speaking about… Read More

February 13, 2017 @ 7:58 am By JD Alois  |  

OurCrowd, a leading global equity crowdfunding platform, has formed a partnership with LeAD, a sports tech accelerators based in Germany. LeAD is backed by Adi Dassler International Family Office (ADIFO), known best for the heritage of the Adidas brand name. The partnership was created to… Read More

February 8, 2017 @ 1:48 am By JD Alois  |  

GLS Bank has launched an equity crowdfunding platform in collaboration with CrowdDesk claiming the title of the first German bank to enable sustainable projects to be financed by the crowd. According to the GLS Crowd website the two partners will each focus on what they… Read More

February 6, 2017 @ 10:11 pm By JD Alois  |  

Klarna, one of Europe’s leading payment providers, has acquired Berlin-based BillPay thus expanding its reach in Europe. BillPay operates in Germany, Austria, and Switzerland. Klarna works with 65,000 merchants to offer payment solutions to more than 45 million users in Europe and North America. BillPay was… Read More