Tagged: germany

July 12, 2016 @ 8:15 pm By JD Alois  |  

German investment crowdfunding platform Companisto has launched its self crowdfunding round, presently only available to registered users or “companists”. Management described the initiative as “another chapter in [their] company’s history.” Details of the offer were not immediately available as all information was only available to… Read More

July 7, 2016 @ 11:08 pm By Therese Torris  |  

In the troubled post-Brexit context, many leaders in the UK traditional and alternative financial services are trying to reassure their market and even to present the Brexit vote as an opportunity for the UK. Their statements read like reactions of the French after a soccer… Read More

July 7, 2016 @ 4:00 pm By Therese Torris  |  

The Kleinanlegerschutzgesetz (Small Investor Protection Act), the law regulating crowdfunding in Germany went into force on the 10th of July 2015. A year after, the German Crowdfunding Association takes stock of its positive impact on the German crowdinvesting market and points to strong needs for… Read More

July 5, 2016 @ 12:52 pm By JD Alois  |  

In a report in Der Spiegel, Bitkom – “Germany’s Digital Association”, has revealed interim results of a survey on startups. According to the publication, less than half of survey respondents would want to launch a startup in Europe’s largest economy.  Over 30% see launching in… Read More

June 28, 2016 @ 10:28 pm By Karsten Wenzlaff and David Heberling  |  

  Crowdfunding introduces a new dynamic to the classic retail business. Consumers have direct access to early stage products, can give valuable feedback and create through their own marketing power the viral reach to new mass market products. Large corporations, such as Sony with their… Read More

June 26, 2016 @ 3:17 pm By JD Alois  |  

In February of 2014, Munich-based Bragi Dash launched their rewards crowdfunding campaign on Kickstarter. The concept was to create “smart” wireless headphones that combined a full set of features and technology currently unavailable in the retail market. The vision of founder Nikolaj Hviid, formerly Head… Read More

June 23, 2016 @ 8:50 am By JD Alois  |  

In a public statement referencing the Brexit, the CEO and founder of auxmoney, the largest German P2P lender, pointed to the current environment of high-volatility in markets and the contrasting, relative stability of investing in P2P loans. Reflecting the Brexit,Raffael Johnen stated; “Especially in this environment, P2P loans… Read More

June 20, 2016 @ 10:32 pm By JD Alois  |  

UK based Fintech startup Invoice Cycle has secured a solid $4 million seed round.  The funding, first reported in Tech.eu, said participating investors, along with SeedL joined in the round. Müller Medien is an interesting investor as its roots are more traditional businesses. Founded in… Read More

June 20, 2016 @ 2:49 pm By Samantha Hurst  |  

PricewaterhouseCoopers (PwC), an auditing and consulting company, announced on Monday that it has formed a partnership with Germany’s equity crowdfunding platform, Companisto.  According to the duo, the new partnership is meant to enable start-ups successfully financed through Companisto to get support on all aspects related to their… Read More

June 15, 2016 @ 10:38 am By JD Alois  |  

Mambu, a SaaS alternative to legacy core banking software that allows financial firms to move quickly online, has partnered with several accelerators and incubators on a Fintech Startup Program. The new initiative is said to enable startups to build financing products faster and cheaper than… Read More

June 14, 2016 @ 2:04 pm By Erin Hobey  |  

FinLeap, the startup platform behind Germany’s SolarisBank, has secured €21 million in equity capital to support its fintech incubation program. Next to the founding shareholder Berlin-based HitFox-Group, new institutional investors from the insurance industry took a stake in the company including Hannover Re, the third largest worldwide reinsurer,… Read More

June 14, 2016 @ 9:00 am By JD Alois  |  

Germany represents the fourth largest economy in the world, ahead of the UK and following  the economy of Japan.  The German economy is dominated by the Mittlestand: small and medium-sized companies, many which are family owned, that fuel prosperity with their robust productivity. These smaller… Read More

May 27, 2016 @ 11:40 am By Oscar Jofre  |  

FinTech is about to get an upgrade. In 2016, get ready to see GermTech – the entry and infectious spread of high potential German technological financing companies. With investments nearly quadrupling since 2013, seed funding expected to grow well into 2016, and a well-defined main… Read More

April 27, 2016 @ 2:51 pm By Erin Hobey  |  

Companisto has provided a platform for several successful German food startups in the recent past, including MyCouchBox, Naturbursche and Foodist, and it looks as if eatclever will be joining their ranks if the first day of its campaign is an indicator.  In the hours since… Read More

April 23, 2016 @ 3:02 pm By JD Alois  |  

Commerzbank, the  second largest bank in Germany, is intending on launching their own peer to peer lending platform. While many traditional banks are seeking partnerships with disruptive financial firms, it appears that Commerzbank has decided to take a path less traveled and strike out on… Read More

April 8, 2016 @ 9:17 am By JD Alois  |  

Digital asset manager Scalable Capital has raised €7 million in a Series A funding round. The additional capital was provided mainly by existing investors; Holtzbrinck Ventures, Monk’s Hill Ventures, Tim Marbach, MPGI, Raier Mauch and the German Startups Group. Tengelmann Ventures joined the funding round as… Read More

March 23, 2016 @ 11:30 am By Therese Torris  |  

  Execfintech, the German fintech event that took place March 8 in Frankfurt dedicated a couple of panel presentations to marketplace lending. The companies represented included the two most successful lending platforms in Germany, P2P lending site Auxmoney and P2B lending marketplace Funding Circle, along… Read More

March 15, 2016 @ 7:11 am By Erin Hobey  |  

Founded in 2010, friendsurance.com currently counts over 75,000 new customers on its platform. The peer-to-peer insurance model  conceived by Friendsurance had led the creation of a new insurance market segment with over 15 new entrants in seven countries. “In 2015, we saw an amazing growth with more than 200… Read More

March 8, 2016 @ 1:28 pm By Therese Torris  |  

When thinking about Frankfurt, Finance immediately comes into mind. But FinTech? Not necessarily. Well, if it goes according to Execfintech, this is about to change. In its 3rd edition, Execfintech is a Fintech networking event, part pitching and part conference style panels and presentations –… Read More

February 25, 2016 @ 4:31 pm By JD Alois  |  

Berlin-based Innovestment has announced the completion of the “First” crowdfunding offer to use a Special Purpose Vehicle (SPV) in Germany. Use of an SPV or similar structure is prevalent in some jurisdictions. Creating a single shareholder entity can drive benefits for the issuing firm.  One… Read More