Author: Subarna Singh

Newsletter: 19th March. 2018

Kreditech and PayU launch instant cardless EMI with PayU Monedo in India Global online payment service provider PayU and Kreditech, the leading group for digital consumer lending using machine-learning based underwriting, launched the beta phase of PayU Monedo in India. PayU Monedo will provide cardless EMIs (equated monthly installments) to finance the online purchases of consumers in India. The new offering […]

Newsletter: 12th March. 2018

Banking platform SolarisBank closes €56.6M Series B from BBVA, Visa, Lakestar, and others SolarisBank, the Berlin-based “banking platform” co-founded by fintech company builder Finleap, appears to be on quite a roll. The company, which now claims nearly 60 corporate clients who offer various financial services powered by solarisBank,  has closed €56.6 million in Series B funding in […]

Newsletter: 5th March. 2018

Billomat receives seven-digit investment The accounting start-up Billomat from Nuremberg receives a capital injection from  Online News Business (ONB). The company intends to use the money to expand into Scandinavia and Spain, among others. BNP Paribas launches fintech investment fund BNP Paribas has launched a new investment fund to take direct minority stakes in innovative startups that are […]

Newsletter: 25th Feb. 2018

Zuger Startup is collecting $ 25 million in two days  The Zug startupProxeus has collected $ 25 million from 795 donors in just two days through an initial coin offering. The maximum amount per investor was limited to $ 80,000. Proxeus offers an extremely easy to use product, empowering anyone to create blockchain applications that are affordable and […]

Newsletter: 19th Feb. 2018 supercedes Visa in terms of API endpoints, the European Core Payment Platform, supersedes Visa and other major players in terms of API endpoints. The company was established in 2013 in the Czech Republic. is the Core Payment Platform wrapped into 280+ APIs.  It enables payment providers, FinTech entrepreneurs, and banks to launch […]

Newsletter: 10th Feb. 2018

Blockchain Project Raises $61 Million from A16Z, Polychain Capital A blockchain project based in Switzerland has raised $61 million from a group of investors that includes venture capital giant Andreessen Horowitz and token hedge fund Polychain Capital. DFINITY Stiftung said the funding would go toward development of its blockchain protocol, aimed to support a public decentralized […]

Newsletter: 4th Feb. 2018

Scalable Capital to break through the one billion mark Digital asset management in Germany is about to break out of the niche. According to calculations by “”, the market leader Scalable Capital is approaching the € 750 million mark and is expected to break the billion mark in the spring. This is mainly due to […]

Newsletter: 28th Jan. 2018

Lendix Receives €200M Debt Institutional Financing Lendix , a Paris, France-based loan marketplace for European SMEs, received a €200m institutional debt financing. Backers included The European Investment Bank Group (EIB) via the European Investment Fund (EIF), CNP Assurances, Eiffel IM, Groupama, Zencap AM, Matmut and Decaux Frères Investissements. Paris-based cryptoassets security startup Ledger closes €61 million Series B […]

Newsletter: 19th Jan. 2018

Two million euros for the InsurTech startup Covomo  The Frankfurt-based FinTech Covomo focuses on the comparison of special and supplementary insurance for, for example, travel, pets, electronic devices and sports equipment. In a new round of financing, the startup has now taken more than two million euros. Millions in investment for Cologne Fintech startup Entrafin The fintech startup Entrafin gets […]

Newsletter: 8th Dec. 2017

Savedroid launches ICO to enable crypto savings for everyone The FinTech startup savedroid, which specializes in artificial intelligence,launches the first German ICO (Initial Coin Offering) for blockchain inclusion: in the future, savedroid users can easily exchange their savings amounts in Bitcoin or Ethereum and save them securely. In the future, savedroid will also allow Otto normal […]

Newsletter: 1st Dec. 2017

FinTecSystems raises €4.5M, Deposit Solutions closes $20M, PikcioChain raises $6M, Credit Suisse takes stake in TradePlus24, Journey to Funding with FinTecSystems etc. FinTecSystems scores EUR4.5 million investment FinTecSystems, specialist for digital credit assessments and banking API provider, completed its series B financing round with a transaction volume of 4.5 million euros. The round is led […]

Newsletter: 24th Nov. 2017

AIB invests €30mn in TransferMate, Scalable Capital worth over €150mn, WeChat Pay starts in Germany, last chance to avail WeWork Frankfurt’s -15% discount, AIB invests 30m Euros in TransferMate AIB has invested €30m in cross-border B2B payments player TransferMate, in a move aimed at reducing international payments costs for business customers. Scalable Capital worth over […]

Newsletter: 17th Nov. 2017

EclectIQ raises €14M, Treasury Intelligence Solutions raises $12M, Last chance to avail WeWork’s 15% discount,  Interviews with FinCompare, Qumram etc. Amsterdam-based EclecticIQ secures €14 million  EclecticIQ, the global provider of Cyber Threat Intelligence technology solutions and Fusion Center operator today announced a Series B investment of €14 million. The current investment makes EclecticIQ one of the best-funded cyber security scale-ups in Europe. […]