Tagged: germany

February 4, 2025 @ 10:43 am By Omar Faridi  |  

Solaris SE, Europe’s embedded finance platform, announced the securing of its Series G funding round. This, after facing significant operational challenges during the past year. The investment round with a total volume of €140 million was led by SBI Group and Boerse Stuttgart Group, with… Read More

February 3, 2025 @ 8:09 am By Omar Faridi  |  

European digital bank N26 has recently announced the completion of its conversion from a German Stock Corporation (Aktiengesellschaft, AG) to a European Company (Societas Europaea, SE). N26 noted in the update that this step reflects the company’s commitment to evolving its corporate governance and “aligning… Read More

January 28, 2025 @ 8:21 pm By Omar Faridi  |  

Bitpanda has reportedly become one of the first major crypto firms to secure a MiCA (Markets in Crypto-Assets Regulation) license. Issued by Germany’s Federal Supervisory Authority (BaFin), this milestone reinforces Bitpanda’s goal to remain secure and compliant while offering crypto services. This achievement marks the… Read More

January 28, 2025 @ 11:02 am By JD Alois  |  

Raisin, a European Fintech based in Germany, has joined the American Fintech Council (AFC), Raisin’s platform aims to enable consumers access to the highest-yielding savings accounts regardless of geography. In the US, Raisin is said to currently work with 70 different banks and credit unions…. Read More

January 27, 2025 @ 12:03 pm By JD Alois  |  

Fintechs Tink, Adyen, and Recharge have announced a Pay by Bank service for the German market. Tink, founded in Sweden, is an open banking platform and part of Visa. Adyen (ADYEN:AMS) and Recharge are in the payments sector. Pay by Bank is when users transfer money… Read More

January 23, 2025 @ 8:38 am By Omar Faridi  |  

Tapline reports that it has raised a €20 million pre-Series A funding round comprising both equity and debt. This milestone enables Tapline to scale its operations, expand its innovative platform, and “support the growth of SaaS companies” across Europe. Tapline explained that it provides non-dilutive… Read More

January 13, 2025 @ 7:50 am By Omar Faridi  |  

UniCredit has recently announced plans to bring its back-office activities for securities services across Italy and Germany in house, standardizing its set-up and suppliers in a move that is expected to create more than 200 new professional roles. As explained in the update, the internalization… Read More

January 9, 2025 @ 12:28 pm By Omar Faridi  |  

Bullish Group, one of the providers of digital asset market infrastructure and information services, announced that its German digital asset trading business received crypto-asset custody, proprietary trading, and principal brokerage licenses from the German Federal Financial Supervisory Authority (BaFin) on December 20, 2024. This development… Read More

January 7, 2025 @ 12:55 pm By JD Alois  |  

FTX EU has been acquired by Backpack, according to a note from the firm. The goal is to offer crypto trading, including derivatives and perpetual futures, across the EU. Deal terms were not immediately available. FTX EU is part of the global crypto exchange’s global… Read More

December 24, 2024 @ 5:34 pm By Michael Wong  |  

German fintech company Cleversoft has entered discussions to acquire Istanbul-based Fineksus, a move aimed at expanding its global service network. The Munich-headquartered firm specializes in financial asset management platforms and systems for fraud prevention. Founded in 2004 by Florian Clever, Cleversoft has grown into a… Read More

December 23, 2024 @ 6:56 am By Omar Faridi  |  

KPMG in Germany and Merantix have entered a strategic partnership to accelerate innovation and capitalize on the growing adoption of artificial intelligence across the German and European market. The collab is anchored by KPMG’s investment in Merantix Capital’s AI Fund, which invests in and builds… Read More

December 10, 2024 @ 11:20 am By Omar Faridi  |  

After challenging years, a trend reversal appears to be emerging in the German market for mergers and acquisitions (M&A), according to an update from KPMG Germany. KPMG Germany noted in a research study that 65 per cent of companies initiated and completed more deals in… Read More

December 9, 2024 @ 11:12 am By JD Alois  |  

NAO, a Berlin-based Fintech, has raised €3.4 million in Seed funding, according to a company statement. The round was said to be led by a family office of a Swiss private investor. The Wealthtech says it is on a mission to become the top investing… Read More

December 3, 2024 @ 1:19 pm By Omar Faridi  |  

wefox is reporting a big change. The Germany-based Insurtech has reportedly reached an agreement with a group of Swiss companies led by the independent Swiss pension service provider BERAG on the sale of Liechtenstein-based Wefox Insurance AG. As announced in June of this year, the Liechtenstein-domiciled… Read More

November 30, 2024 @ 1:59 pm By Omar Faridi  |  

European Fintech firm Solaris in reportedly seeking additional funding to maintain its operations. The German banking-as-a-Service (BaaS) platform is said to looking for an emergency capital injection of £100 million. Solaris reportedly aims to put its business up for sale should it fail to acquire… Read More

November 20, 2024 @ 9:34 pm By Omar Faridi  |  

N26 Group has reported its first quarterly profit as growth in customer numbers accelerates “strongly.” Since the lift of its growth restrictions by BaFin in June of this year, N26 has claims that it has accelerated its growth momentum. The European digital bank reports organic… Read More

November 2, 2024 @ 5:25 pm By Omar Faridi  |  

Artificial intelligence is increasingly finding its way into the cloud, according to a report from KPMG which revealed that 97 per cent of companies in Germany that use cloud services obtain their AI (artificial intelligence) solutions from cloud providers. The research report noted that the… Read More

October 28, 2024 @ 2:27 pm By Omar Faridi  |  

Innovative tech in stationary retail optimizes processes and has a positive impact on the shopping experience for consumers in Germany, according to a new report. One example of this is self-checkout tills (SCO tills). While they are still used more frequently by younger customers, the… Read More

October 25, 2024 @ 8:28 am By Omar Faridi  |  

Mintos, a multi-asset investment platform headquartered in Latvia, has joined forces with Upvest, the European provider of investment infrastructure, to enhance its ETF portfolio offering across Europe. The partnership with Upvest will strengthen Mintos’ mission to solidify their position as a solution for “long-term” investing… Read More

October 21, 2024 @ 8:58 am By Omar Faridi  |  

Tokenization projects are making considerable strides in financial markets, and beyond, by making financial and real world assets a lot more accessible, according to an update from Fireblocks. As the market evolves, institutions require a secure as well as scalable solution that they are able… Read More