Newsletter 10 Sep 2019

Check out the line-up of startups & investors at 11th FinTech Forum  

We are proud to announce that Jens Jenissen, founder of and an alumnus of FinTech Forum, will be sharing his Journey to Exit (to Raisin). Also joining us on stage: BizBot (Norway), iCEIBA (UK), Remipay (Germany), Trality and Nodeventure (both Austria), as well as leading investors Idinvest Partners, G+D Ventures, Capnamic Ventures and SeedX.LI  covering the latest trends in European FinTech & InsurTech. Register here:


Hedvig Raises €9.3M in Series A Funding

Hedvig, a Stockholm, Sweden-based insurtech startup, raised €9.3m in Series A funding.

The round was led by Obvious Ventures and D-Ax, the venture arm of the Axel Johnson Group…Hedvig provides insurance covers for renters, students and homeowners with customer service delivered on the phone or in the app. The insurance products are backed by HDI.


French fintech startup banks €3M

Online bank has secured €3 million in a round led by Laurent Dassault. The funds will be used for the startup’s international expansion. The company’s banking platform provides efficient and secure banking services which include simplified accounting, user management, consulting banking operations and a business card, enabling users to make free and no commission payments online.


7 Questions with Emrah Basic of Seed X Liechtenstein AG

Please tell us a bit about yourself, both at work and leisure. Originally Swiss, banking background, spent the last 2.5 yrs in Berlin doing early-stage investments at Axel Springer. Passionate basketball player and biker.


Journey to Exit: with Jens Jennissen of fairr

1. Congratulations on the exit! How did this come about?

Over the last 6 years, we had achieved a tremendous amount at fairr: launched the company, build an outstanding team, created a full range of great products and established the fairr brand in the retirement saving and pension space in Germany. It was clear that we now had to think even bigger and aim even higher. Based on this we ran an internal strategic assessment in early 2019. The question we asked ourselves was whether fairr as a standalone company was the best choice or whether a strategic partner would be better. Going it alone would have required more funding and the building of a bigger organization to handle more products, more customers and more geographies. Partnering obviously requires the right partner with the right strategy and culture as well as the willingness and capability to do a deal. Both options were feasible from our perspective so we started to explore them in parallel.


Amsterdam-based fintech startup Dyme lands €600k from Peak Capital IV’s new fund

Dutch start-up Dyme raises €600,000 in seed funding led by venture capital firm Peak Capital. The company is planning to utilise the fund to improve its innovative technology and to acquire its first 100,000 active users. Notably, this marks the first investment of Peak’s fourth fund, which is set to invest €66 million in total. For the uninitiated, Amsterdam-based Dyme lets users connect their bank accounts and provides a clear overview of their finances.


Raisin Acquires Digital Pension Provider Fairr

Raisin, a Berlin, Germany-based pan-European savings marketplace, is acquiring fairr, a German fintech company focused on retirement savings.

The company has acquired 100% of fairr’s share capital in exchange for Raisin shares as well as cash. The amount of the deal was not disclosed.

Jens Jenissen, Founder of fairr will be sharing his Journey to Exit at the 11th FinTech Forum – join us on 21st Nov. 2019 in Frankfurt


FinLab AG: Kapilendo acquires wevest Digital banking platform and becomes the modern banking partner for the German Mittelstand

The digital corporate finance provider Kapilendo, a portfolio company of FinLab AG, acquires 100 percent of the banking platform wevest Digital. With the acquisition, Berlin-based Kapilendo AG makes a crucial step in the creation of an integrated and modern banking offering for the German Mittelstand.


Sparda-Bank Nürnberg and Zinsportal WeltSparen cooperate

Die Sparda-Bank Nürnberg eG hat eine Kooperation mit dem Online-Zinsportal WeltSparen ( gestartet – als eine der ersten Genossenschaften in Deutschland. Ab sofort erhalten die über 222.000 Mitglieder der größten Genossenschaftsbank in Nordbayern exklusiven Zugang zu Tages- und Festgeldern mit günstigen Zinskonditionen aus ganz Europa.


BaFin gives Optiopay’s account analysis service the green light

Das Berliner Start-up Optiopay hat von der Banken- und Versicherungsaufsicht BaFin die Lizenz als Zahlungsdienstleister für Kontoinformationsdienste erhalten. Damit darf Optiopay mit Zustimmung der Nutzer deren Kontodaten analysieren, um ihnen personalisierte Spar- und Finanzempfehlungen auszusprechen. Der neue Dienst heißt OptioBanking.


Wirecard and Softbank subsidiary Brightstar cooperate

Der Online-Zahlungsabwickler Wirecard hat mit dem Mobilfunkdienstleister Brightstar eine Zusammenarbeit vereinbart. Künftig sollen digitale Finanzdienstleistungen über die Brightstar-Plattform bevorzugt von Wirecard abgewickelt werden, teilte der Dax-Konzern mit.


Computop receives approval as a girocard network operator

Die girocard ist die meistverbreitete Kartenzahlung in Deutschland – mit Computop kommt jetzt Bewegung in den Anbietermarkt. Nur neun Monate nach dem Entwicklungsstart wurde der Payment Service Provider nun von der Deutschen Kreditwirtschaft (DK) als girocard-Netzbetreiber zertifiziert. Ab sofort können Händler und kaufmännische Netzbetreiber die Omnichannel-Plattform Computop Paygate auch für girocard-Zahlungen am POS nutzen.


Meet us at: 

B2B Rocks, Paris, 12 Sep.

Discover Global Network Connect, London, 19 Sep.

Amsterdam Capital Week, Amsterdam, 23-24 Sep.

FinTech.Summit, Bratislava, 25 Sep.

LendIT FinTech Europe, London, 26-27 Sep.

EXECInsurTech, Cologne, 1 Oct.

South Summit, Madrid, 2-3 Oct.

InsurTech Rising, Paris, 8-9 Oct.

Intelligent InsurTech, London, 14 Oct.

FinTech Junction Europe, Berlin, 10-12 Dec. 2019 


FinTech Forum partners:


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