WealthArc Raises USD 300’000
The USD 300,000 seed funding from U.S.-based venture capital firm Novit LP will be used to continue research and development on artificial intelligence for portfolio management as well as cyber-security for cloud based financial services. WealthArc, Inc. is an early stage FinTech startup offering a cloud based platform for financial data analysis and client interaction for wealth managers.
European Mobile Payment Startup SumUp Discloses A Total $45M In Funding
…SumUp, a startup originally founded in 2012 in Berlin that competes against the likes of iZettle and Rocket Internet’s Payleven, has raised an undisclosed amount led by Swiss backer Venture Incubator. The exact figure is not being disclosed, but SumUp’s CEO Daniel Klein confirms that the total raised by the company to date is now $45 million (€40 million) and that this latest round values the company in the “healthy hundreds of millions.”
Countdown to the 5th FinTech Forum in Vienna, 22nd June
With startups from Latvia, Spain, Czech, Hungary, Poland and of course Austria / D.A.CH converging in the Austrian capital, and a multi-sector roundtable panel set to discuss “Disrupting Finance: Perspectives from Other Sectors”, the stage is set for the first FinTech Forum „On Tour“. Check out the line-up and register here:
Interhyp Founders also invest in Getsafe
Nach Rocket Internet und dem Check24-Macher Henrich Blase investieren nun auch Robert Haselsteiner und Marcus Wolsdorf, die Interhyp-Gründer, in GetSafe, eine One-Stop-Lösung für den Versicherungsbereich.
Paymill partners up with PayPal
Paymill, the online payment solution and one of the fastest growing FinTech-Startups in Europe, is teaming up with PayPal. With this partnership Paymill is completing the range of payment methods offered by its online payment solution, which now covers nearly 100% of payments in most European countries.
Traxpay wins Acquisition International’s 2015 Business Excellence Award
Traxpay, pioneer in business-to-business (B2B) Dynamic Payments, today announces that its CMO and SVP Product Management, David Desharnais, was awarded with the esteemed “2015 CMO of the Year Award for B2B Innovation and Global Markets” by the publication Acquisition International.
ECUREX becomes first bitcoin trading platform fully compliant with Swiss Banking Act
ECUREX GmbH announced recently that it has become the first digital currency exchange platform to be fully compliant with the Swiss Banking Act. After sixteen months of investigation, the Swiss Financial Market Supervisory Authority (FINMA) released back on May 19th 2015 an opinion letter according to which ECUREX’s business model is compliant with the Swiss Banking Act.
Germany’s Bitbond among “6 Rising FinTech Startups”
German P2P bitcoin lending platform Bitbond supports small and medium sized online businesses and provides them with credit that are usually not accessible in banks. Bitbond is the first lending marketplace focused on small businesses like online merchants on e-commerce platforms like E-bay or Alibaba.
(Bitbond presented at the 2nd FinTech Forum in May 2014.)
Berlin’s Point Nine Capital Closes $60M Third Fund
Berlin-based early stage VC firm Point Nine Capital has announced it’s closed its third fund. The new $60 million fund will be used to invest up to $1 million in around 40 startups across Europe and North America, it said today. This brings its total capital under management to $110 million.
Portugiesischer VC kommt nach Berlin
Portugal Ventures eröffnet eine Niederlassung in Berlin – doch für mögliche Investments in deutsche Startups hat der portugiesische VC sehr enge Kriterien.
Wirecard Launches B2B Payment Solution for the Chinese Market
Wirecard’s new corporate payment solution enables electronic payments in Chinese Renminbi using single-use virtual cards and is specifically designed to cater to China’s growing domestic and cross-border business-to-business payments market.
treefin ist dein digitaler Finanzassistent
Das Münchner Fintech Start-up treefin möchte seinen Kunden künftig einen digitalen Finanzassistent an die Hand geben, der ihnen Transparenz über ihre persönlichen Finanzen verschafft.
Wieso heizt Rocket den Wettbewerb intern an?
Das Rocket-Startup Zencap hat das erste Jahr überstanden. Wie entwickelte sich der Marktplatz? Und wie steht es um die Konkurrenzsituation mit Lendico?
Wirecard and Premier Taxis Partner for Next Generation Taxi Payment Infrastructure
Wirecard Group, with its Singapore subsidiary Wirecard Singapore Pte Ltd, today announced that Premier Taxis Pte Ltd has chosen Wirecard to provide its next generation payment infrastructure for more than 2,000 taxis in Singapore.
Fintech: Survey, Book and Trade Mission
Fintech is the focus of swiss made software in 2016. The organization is looking for topics for a book about Fintech in Switzerland. And a group of fintech insiders has started the “Swiss Fintech Survey”.