News

Newsletter, 10 January – 14 January 2017

Swiss fintech Advanon closes second funding round, raises 13.5M CHF

Switzerland-based fintech company Advanon announced that it has closed the second round of funding and has raised 13.5 million CHF, Finextra reported.

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W&W acquires majority stake in treefin AG

German insurer Wüstenrot & Württembergische or better yet W&W has acquired a majority stake in treefin AG; the mobile-first digital insurance manager launched in 2014. By ‘majority’ think 75% and by ‘deal value’ think it’s a secret.

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Investment Corporation of Dubai Buys Significant Stake in Centralway Numbrs

Centralway Numbrs, a leading European banking app, has today announced that the Investment Corporation of Dubai (ICD), the principal investment arm of the government of Dubai, has made a substantial investment to support the company’s future growth plans. ICD belongs to the world’s biggest sovereign wealth funds.

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Helvetia: 55 Millionen Fonds für Insurtech Start-ups

Per Anfang 2017 lanciert Helvetia Versicherungen einen eigenen Venture Fund für Investitionen in Start-ups. Verantwortlich hierfür ist das neu geschaffene Ressort Digital Ventures in der Unternehmensentwicklung, die zukünftig von Martin Tschopp geleitet wird.

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Erster Robo Advisor für die Immobilienwirtschaft gestartet

Mit propmatch.ch startet der erste Robo Advisor für direkte Immobilienanlagen in der Schweiz. Auf propmatch.ch finden Nutzer neben Informationen zur Makro- und Mikrolage auch die Immobilienpreise in der Nachbarschaft sowie ein innovatives Mikrolage-Rating. Der kostenlose Service richtet sich an Investoren, Bauträger, Makler und sonstige Akteure der Immobilienwirtschaft.

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BrickVest backs dedicated political risk indicator for European property

After a year of significant political turmoil and with more to come in the months ahead, it would be good for investors if European property investment risk ratings were given a standalone model, according to BrickVest, the international online real estate investment platform.

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German Fintech Platform Raisin Milestone: Surpasses €2 Billion of Investments in Three Years

German fintech platform Raisin announced on Tuesday at the end of 2016, it not only celebrate the 3-year anniversary of its Germany launch but also reached a milestone of €2 billion in invested volume.

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Neuer White-Label-Robo-Advisor für Banken: niiio will Hybrid-Modell auf den Markt etablieren

Banken suchen den Schlüssel für die digitale Zukunft, Vermögensverwalter ihren Platz in der FinTech-Welt, Anleger den Ausweg aus den niedrigen Zinsen. Mit einem neuen White-Label-Robo-Advisor will nun niiio auf ein hybrides Angebot setzen.

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TRAXPAY AND NORD/LB TO ENTER COOPERATION

Traxpay, pioneer in the automation and optimization of B2B financial transactions, and NORD/LB, one of Germany’s largest wholesale banks with extended expertise in the corporate and structured finance businesses and its subsidiary NORD/LB Luxembourg S.A. Covered Bond Bank, today announced a planned cooperation to support the bank’s digitalization strategy. With Traxpay’s Financing Platform NORD/LB will be able to streamline Supply Chain Financing (SCF) services through a direct plug-in to customers’ ERP systems. They will benefit directly through accelerated response times, transparency, flexibility, and administrative efficiency.

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What Facebook’s European payment license could mean for banks

Early in December, Facebook finally unveiled their newly acquired licenses for e-money and payment services out of Ireland. The rumors of Facebook entering the payment space in Europe have been going on ever since it was reported that Facebook applied for a money transfer license a while ago.

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