Tagged: germany

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

February 3, 2017 @ 11:10 am By JD Alois  |  

In a publication created by Crowdfunding.de, the report, entitled “Marktreport 2016: Crowdinvesting in Deutschland,” states that investment crowdfunding grew by 39% during 2016 reaching €63.8 million. Still quite small in comparison to some other countries but solid growth none-the-less. The sector was largely powered by a… Read More

February 2, 2017 @ 10:08 am By JD Alois  |  

Software AG, a publicly traded company based in Germany, has published a list of predictions for the banking industry for 2017. Yes, we all know that banking is moving to our smartphones and the corner bank branch is going the way of the dinosaur. The… Read More

February 2, 2017 @ 8:05 am By JD Alois  |  

German peer to peer lending auxmoney is now offering its customers the ability to borrow legally by using an internet video ID and digital signature. Germany’s largest online lender has partnered with IDnow eSigning to update their process. Germany maintains a very strict application process so incorporating… Read More

January 27, 2017 @ 12:34 pm By Erin Hobey  |  

Buddy-Watcher is closing in on its final week of crowdfunding on Companisto. The startup’s solution makes it possible to communicate more easily under water, providing underwater athletes with more freedom and increased safety. 170 international specialist retailers currently sell Buddy-Watcher, which helped the startup achieved… Read More

January 27, 2017 @ 8:47 am By Therese Torris  |  

On January 25, Raffael Johnen, the CEO and co-founder of auxmoney, was on stage at the Paris Fintech Forum as the news was still under embargo: Dutch insurer Aegon has agreed to lend €1.5 billion euros over the next 3 years through the auxmoney lending… Read More

January 19, 2017 @ 5:24 am By Erin Hobey  |  

2016 marked a strong year for Berlin-based crowdfunding platform Companisto.  Founded in 2012 by Tamo Zwinge and David Rhotert. In an earlier interview, Zwinge envisioned Companisto as a crowdinvesting platform that enabled ideas to be implemented to benefit many people, a hope that continues to be realized. “According… Read More

January 13, 2017 @ 11:29 am By Samantha Hurst  |  

Daylui, a UK-based online rental marketplace, has launched an equity crowdfunding campaign on Seedrs. The website is seeking £115,000 for continuous growth of its platform along with its plans to revolutionize the sharing economy. Daylui, which was launched in 2015 by founders Daniel Gonsales, Valdemar Tunkevic, Anna Jaskova, and… Read More

January 10, 2017 @ 9:28 am By Samantha Hurst  |  

German fintech platform Raisin announced on Tuesday at the end of 2016, it not only celebrate the 3-year anniversary of its Germany launch but also reached a milestone of €2 billion in invested volume. Dr. Tamaz Georgadze, co-founder and CEO of Raisin, stated: “Raisin is… Read More

January 5, 2017 @ 9:07 am By JD Alois  |  

Berlin-based crowdfunding platform Kapilendo has raised €7 million in a series B funding round. The funding was led by Neu-Investor Versorgungswerk der Zahnärztekammer (a pension fund) with participation from existing investors Comvest Holding GmbH and listed Fintech investor FinLab AG. Kapilendo operates two vertical in the investment space: Kapilendo… Read More

December 28, 2016 @ 10:37 am By Erin Hobey  |  

“It’s our goal as a foundation to support this entrepreneurial spirit and encourage more people to start their own business. This is how the startups of tomorrow are created.” The combined fundraising efforts of the Berlin-headquartered German Children and Youth Foundation (Deutsche Kinder- und Jugendstiftung) and Companisto for… Read More

December 27, 2016 @ 5:19 am By Jessica Pham  |  

Kapilendo is a German crowdfunding platform founded in 2015 and it has successfully raised seven million euros (approximately $7.3 million) in Series B funding just before the New Year.  The pension fund for the Berlin Chamber of Dentists (Versorgungswerk der Zahnärztekammer Berlin, or VZ Berlin)… Read More

December 20, 2016 @ 12:01 pm By JD Alois  |  

KPMG, along with AltFi data, has published a new report on alternative lending in Europe. KPMG also sourced data from the most recent Cambridge Centre for Alternative Finance report. The document, entitled Alternative Lending Market Trends in Continental Europe 2016, provides an interesting snapshot of… Read More

December 12, 2016 @ 10:23 pm By Jessica Pham  |  

European fintech company figo, based in Germany, secured as a part of its Series B fundraising at the end of last month a €6.8 million (approximately $7.2 million) investment from Deutsche Börse Group.  The firm’s latest project is expanding its banking API products and services… Read More

December 9, 2016 @ 5:36 am By Erin Hobey  |  

Lendico has refrained from originating new consumer loans in Germany, according to P2P-Banking, directly linking consumers instead to Finanzcheck, a loan application tool. While new consumer loans origination has been halted, Lendico is continuing its business loan origination within Germany. In the last months Lendico has also stopped issuing consumer loans in the Netherlands,… Read More

December 8, 2016 @ 4:40 am By Erin Hobey  |  

Currently four campaigns are seriously overfunding on the German crowdfunding platform Companisto. AMG Sicherheitstechnik, a German-based company with 12 years of experience in counseling and sales and over 50,000 clients worldwide, which launched a burglar chasing system branded Alarmtab and closes this Friday has raised over 730,070€… Read More