Tagged: germany

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

February 3, 2016 @ 1:36 am By Midori Yoshimura  |  

German online lending platform Spotcap has successfully closed its third financing round, according to the company’s recent press release. The Berlin-based financial technology company raised EUR 31.5 million in new funding led by international private equity firm, Finstar Financial Group, with participation from previous investor Holtzbrinck Ventures…. Read More

January 28, 2016 @ 5:56 am By Erin Hobey  |  

The Berlin-based startup LUUV is returning to the crowd after completing two successful crowdfunding campaigns on Indiegogo and Kickstarter which garnered over €360.000 in pre-orders to date, from more than 60 countries. solidLUUV was awarded with the “ISPO Product of the Year” Award 2015/2016. In addition, the jury of CES (Consumer Electronics Show)… Read More

January 24, 2016 @ 9:30 pm By JD Alois  |  

According to a recent report, the total amount of loans for direct lenders in Germany stood at € 16 million for 2016. Peer to peer, or marketplace lending is on the rise in many countries including Europe’s largest single economy. As published in iBusiness using data… Read More

January 18, 2016 @ 4:28 pm By Samantha Hurst  |  

Peter Thiel, Paypal’s co-founder and first outside investor in Facebook, has reportedly made an investment in Deposit Solutions GmbH, which is considered the first open architecture platform for retail deposits in Europe. Since its establishment in 2011, Deposit Solutions has already mediated deposits in excess of… Read More

January 14, 2016 @ 4:37 am By Erin Hobey  |  

Munich-based tech startup MODINICE has partnered with Companisto on its recently launched equity crowdfunding campaign. In its first day the startup raised over 58,725€ from more than 117 investors toward its 500,000€ funding goal. Even though digitization has progressed quickly, office computer design has been relatively flat over the… Read More

January 12, 2016 @ 6:01 am By Erin Hobey  |  

Be an Energy Hero! The Hanover, Germany-based Energieheld is a new platform that helps property owners save money through energy efficiency.  Energieheld digitizes craftsman businesses by providing independent information on energy-efficiency modernization and connecting customers with craftsmen. Taking advantage of the surge in interest in energy transition and efficiency,… Read More

January 11, 2016 @ 8:50 am By JD Alois  |  

SaaS banking provider Mambu has raised €8 Million in a funding round led by CommerzVentures and Acton Capital Partners. CommerzVentures was established in October 2014 by Commerzbank AG as its corporate venture capital fund. Existing investors also participated in the most recent funding round. According to… Read More

December 12, 2015 @ 10:29 am By Samantha Hurst  |  

Earlier this week, Indiegogo alum Stone Brewing Co. released its first ever Berlin-brewed beers to the public. The company shared: “Stone Brewing will celebrate the release of the very first (and über fresh) Berlin-brewed Stone beers. Some of our favorite breweries, bars and restaurants in… Read More

December 8, 2015 @ 11:12 am By Erin Hobey  |  

Companisto, the German market leader in equity crowdfunding, has now become the first equity crowdfunding platform in Germany, Austria, and Switzerland to raise a total of over €25 million. Globally, equity crowdfunding is growing rapidly. This type of financing, based on private individuals’ teaming up and investing… Read More