Countdown to FinTech Forum’s 5th Anniversary Edition, 22nd Nov. 2018
We are pleased to announce the panelists for the roundtable discussion German FinTech, Outside Backers- Fast Forward 2023, which looks at the trend of non-banks and foreign investors dominating German FinTech investments. Do check out the agenda, the final line-up of startups as well as our guest speakers, and feel free to share this link with contacts who may be interested in the last few remaining tickets: https://fintechforum10.eventbrite.com
Inpher Raises USD$10m in Series A Funding
Inpher, a NYC- and Ecublens, Switzerland-based data security and machine learning provider, raised USD$10m in Series A funding.
The round was led by JPMorgan Chase & Co. with participation from existing investors including Crosslink Capital, Bowery Capital and Polytech Ecosystem Ventures.
http://www.finsmes.com/2018/11/inpher-raises-usd10m-in-series-a-funding.html
French Fintech Startup Birdylabs Closes $3M First Funding
Birdylabs, a French fintech company, closed a $3m first round of funding.
Rising Sun made the investment.
The company intends to use the funds to finance international development and the evolution of its intelligent savings coach, as they plan to integrate into the services of online banks.
http://www.finsmes.com/2018/11/french-fintech-startup-birdylabs-closes-3m-first-funding.html
Fintech payments firm PIP plans expansion after €1m fundraising
International payments company PIP IT will triple its headcount over the next 18 months after securing over €1m in funding.
The Galway-headquartered business, which allows migrants to pay bills and transfer money overseas at much cheaper rates, intends to add 17 employees over the next 18 months.
7 Questions with Christian Nagel, EARLYBIRD
- Tell us a bit about yourself and your focus areas, overall and within FinTech
I am an entrepreneur and passionate for more than 21 years. Fin-tech excites me since our investment into Interhyp in 1999.
http://www.fintechforum.de/7-questions-with…-nagel-earlybird/
Christian is a panelist at the 10th FinTech Forum on 22nd Nov. 2018 in Frankfurt, discussing “German FinTech, Outside Backers- Fast Forward 2023”, which looks at the trend of non-banks and foreign investors dominating German FinTech investments, and what this could mean in five years. More information/ registration: http://www.fintechforum.de/countdown-to-fintech-forums-5th-anniversary-edition-22nd-nov-2018/
Apple Pay ‘coming soon’ in Germany, first partners announced
Apple Pay will soon be available in Germany, the company announced. The Apple Germany website said the service is “coming soon” and includes a list of banks and payment systems that will support the service at launch.
These include payment cards issued by Visa, Mastercard, Maestro and American Express; the banks Comdirect, Deutsche Bank, HypoVereinsbank, Fidor and Hanseatic; and payment services N26, O2 Banking, Edenred, Vimpay, Boon and Bunq. https://www.telecompaper.com/news/apple-pay-coming-soon-in-germany-first-partners-announced–1267840
Smartphone bank N26 expands
Berlin smartphone bank N26 is expanding its presence in Europe. From Wednesday, the euro-denominated N26 accounts will be offered in Denmark, Norway, Poland and Sweden for the first time, “said International Operations Manager Alex Weber. In a few weeks, Iceland and Liechtenstein would be added. Entry into the six new countries is an important step towards a pan-European bank.
https://vaaju.com/austriaeng/smartphone-bank-n26-expands/
Santander counts on FinTecSystems for digitization
München (ots) – FinTecSystems, einer der führenden Kontoinformationsdienste und Banking-API-Anbieter in Deutschland, kooperiert zukünftig mit der Santander Consumer Bank AG. Mit der Bank, die zur Santander Gruppe gehört, setzt nach DKB/SKG ein weiteres großes Kreditinstitut bei der Digitalisierung auf die innovativen Services von FinTecSystems (www.fintecsystems.com).
https://pressemitteilungen.sueddeutsche.de/?4106139-fintecsystems
Deutsche Bank launches standalone mobile wallet
Deutsche Bank has set up a subsidiary “startup” called Yunar, which will gradually build out a mobile wallet offering a host of services, beginning with loyalty scheme management.
The Yunar brand is a wholly-owned Deutsche Bank subsidiary with its own management, IT, a staff of 80 people, and, subject to approval, a ZAG licence enabling it to offer payment services.The free app launched this week, initially focusing on making loyalty schemes easy to use, with customers able to collect points from up to 200 providers widely used in Germany
https://www.finextra.com/newsarticle/32924/deutsche-bank-launches-standalone-mobile-wallet
Cashlink, the next startup to says goodbye to payment services
Das Frankfurter Fintech Cashlink plant einen radikalen Richtungswechsel: 2019 will es eine Blockchain-Plattform für Startup-Anteile eröffnen. Jetzt verabschiedet sich mit Cashlink das nächste Startup von der P2P-Zahlung, die schon länger vom großen Player Paypal angeboten wird. Seinen Kunden gibt das Frankfurter Startup derzeit die Möglichkeit, zum Schweizer Fintech Payrexx zu wechseln. Die Cashlink-Zahlungslinks werden zum Jahresende eingestellt. https://www.gruenderszene.de/fintech/cashlink-stokera-blockchain?interstitial
Scalable Capital personally manages wealthy private investors
Der digitale Vermögensverwalter Scalable Capital weitet sein Angebot für vermögende Privatanleger aus: Ab einem Anlagevermögen von 100.000 Euro bietet der digitale Vermögensverwalter ab sofort persönliche Betreuung an. Damit Kunden für den neuen Service nicht extra nach München in die Unternehmenszentrale reisen müssen, kommt Scalable Capital in regelmäßigen Abständen in diverse deutsche Metropolen.
Stadtsparkasse Düsseldorf launches fyndus – with digital asset management in the branches
Das Kundenverhalten hat sich in den letzten Jahren auch bei Sparkassen spürbar verändert. Auch im Wertpapierbereich fordern Kunden moderne, digitale Angebote. Nun startet die Stadtsparkasse Düsseldorf die Omni-Kanal-Lösung ‚fyndus‚ (gesprochen: Findus) und will damit die digitale Vermögensverwaltung in die Filialen bringen.
https://www.it-finanzmagazin.de/sparkasse-fyndus-vermoegensverwaltung-80156/
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