Tagged: germany

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

November 30, 2016 @ 9:45 am By JD Alois  |  

Mambu, a software as a service (SaaS) banking platform, has received the Amazon Web Services (AWS) Financial Services Competency certification. Mambu states it will be one of the first companies to benefit from the new program that launched at re:Invent in Las Vegas. According to… Read More

November 24, 2016 @ 6:58 am By Erin Hobey  |  

Cashboard, a Berlin-based online investment startup, announced that it has raised €3 million from a Luxembourg-based fintech fund Digital Space Ventures and from its existing investors Redalpine Capital and Earlybird. A recent KPMG and CB Insights report stated that German fintech is attracting more investment than… Read More

November 22, 2016 @ 9:01 am By JD Alois  |  

The German Federal Ministry of Finance or Bundesministerium der Finanzen, has published a report on the emerging Fintech sector. The document, authored by Prof. Dr. Gregor Dorfleitner and Jun.-Prof. Dr. Lars Hornuf (with the assistance of Matthias Schmitt & Martina Weber), quantifies the emergence of disruptive… Read More

November 14, 2016 @ 7:38 am By JD Alois  |  

ThinkMarkets, a global multi asset brokerage, has launched a new German website designed to cater to the requirements of the German speaking FX trading community. The site will target Germany, Austria and Switzerland. The new website offers ThinkMarkets’ ThinkTrader platform, offering access to all of… Read More

November 11, 2016 @ 3:48 pm By Samantha Hurst  |  

BrewDog, the largest independent brewery in Europe, opened its new German location, Berlin Mitte on Friday. The new location is just minutes away from Mauerpark. Sharing details about Berlin Mitte, the Brewdog team stated: “We are psyched to be opening in this incredible city – so much… Read More

November 8, 2016 @ 12:59 pm By JD Alois  |  

Bitbond is one of the most interesting SME lenders around today. Launched in 2013, the online lender eschewed dollars and euros to focus on digital currencies, specifically Bitcoin. The global peer to peer lender provides access to capital for small business around the world. As… Read More

November 3, 2016 @ 5:51 pm By Erin Hobey  |  

Keeping the fun in funding. No-risk organized fun? Logical and organized fun?  Berlin-based GroopDoo aims to provide all this and more with its new, secure way of financing group activities. As we all know, activities do not take place before enough people commit and money becomes… Read More

October 17, 2016 @ 9:11 am By Erin Hobey  |  

AMG Sicherheitstechnik, a German-based company with 12 years of experience in counseling and sales and over 50,000 clients worldwide, has launched the burglar chasing system branded Alarmtab. While nationwide sales in Germany started in August 2016, the platform plans to launch the system globally with Companisto… Read More

October 17, 2016 @ 8:07 am By Samantha Hurst  |  

On Monday, equity crowdfunding platform Seedrs announced it is continuing its European expansion by opening an office in Berlin. The location will reportedly bring the Germany, Austria, and Switzerland (DACH) deal flow to the funding portal. Speaking about the new office, Jeff Lynn, CEO and co-founder of Seedrs, stated:… Read More

October 11, 2016 @ 10:54 am By Samantha Hurst  |  

Bitbond, a Berlin-based startup that connects small business owners who need a loan with investors and uses the Bitcoin blockchain for payment processing, announced on Tuesday it received its BaFin license. Sharing details about the new license Radoslav Albrecht, founder and CEO of Bitbond, stated: “With our own… Read More

October 4, 2016 @ 6:21 am By Erin Hobey  |  

Smava, the German marketplace lender, has secured a $34M in a funding round led by Runa Capital, with additional participation from the Scandinavian private equity firm Verdane Capital, mojo.capital and existing investors, reported AltFi News. Runs, an active investor in the alternative finance sector, has also invested in… Read More

September 12, 2016 @ 12:14 pm By JD Alois  |  

Cringle is a smartphone app for users who want to send money to friends across Europe in a matter of seconds. Cringle has received numerous awards and has found a partner in German bank Deutsche Kreditbank AG (DKB). In the past year, Cringle has been able… Read More

September 12, 2016 @ 8:07 am By JD Alois  |  

Berlin-based Crowdfunding.de has published a report on the equity crowdfunding market in Germany.  Their numbers go back to 2011, the very beginning of this new form of finance in Germany. The Crowd Invest Success Monitor is an overview of the performance of the new asset class… Read More

September 2, 2016 @ 4:26 am By Erin Hobey  |  

Cringle, a smartphone app used to send money quickly within Europe, is continuing to rally on Companisto.  To date, the fintech app has garnered over 459,010€ from nearly 1000 investors for 8.89% share offered.  The startup’s original funding goal was 400K€, which was surpassed and the campaign was extended to close in… Read More

August 19, 2016 @ 8:19 am By Erin Hobey  |  

Co-founded by Joschka Friedag, Malte Klussmann,  Konrad Maruszewski and Frane Bandov, Cringle, celebrating 336% overfunding on Companisto, is a smartphone app used to send money quickly to friends in Europe. By cooperating with the user’s principal bank, the app guarantees one’s bank’s normal high security standards. Cringle counts the Deutsche Kreditbank AG (DKB) as a partner. Over… Read More

August 9, 2016 @ 7:02 pm By JD Alois  |  

Companisto is reporting that crowdfunding alumni Foodist has been sold to Ströer providing an exit for early stage investors. Foodist raised capital on Companisto three times in consequitive funding rounds starting in 2013 and then in 2014 & 2015.  In total 2,399 investors or “Companists” as… Read More