Newsletter 15 April 2019

27 million for Taxfix – Peter Thiel adds to the list

Bereits wenige Monate nach der letzten Finanzierungsrunde steckt Valar Ventures nach Gründerszene-Informationen erneut eine Millionensumme in das Berliner Startup Taxfix. Der Fonds des umstrittenen Starinvestors Peter Thiel ist an dem Unternehmen mit einer Steuererklärungs-App bereits beteiligt. Auch die weiteren Altinvestoren Redalpine und Creandum sind bei der aktuellen Kapitalerhöhung dabei.


Berlin startup Next Big Thing receives twelve million from Talanx

Neues Kapital für den Berliner Inkubator Next Big Thing: Die Startup-Schmiede erhält zwölf Millionen Euro, wie das Handelsblatt zuerst meldete. Führender Investor ist der Hannoveraner Versicherungskonzern Talanx, der sich über seinen Industrieversicherer HDI Global an dem jungen Unternehmen beteiligt.


French fintech banks €4.4M

Sesamm, a fintech startup that develops analytical tools for asset managers, has received a €4.4 million investment. Havenrock led the round, which will go towards the company’s international expansion.


7 Questions with Lucie Haß, Helaba Digital

1. Please tell us a bit about yourself, both at work and leisure.

My name is Lucie Haß and I am the Managing Director of Helaba Digital. We founded Helaba Digital in 2018 as corporate venture capital vehicle for Helaba. Before I was working as Senior Project Manager at Commerzbank and was responsible for various projects focusing on innovation and digitization.


7 Questions with Jens Siebert, wevest

1. Please tell us a bit about yourself, both at work and leisure.

I was born and raised in Berlin and I am currently the CEO of wevest Digital AG. I have spent my entire career in the banking and financial services industry – first at a large consultancy firm and afterwards as project manager for the group of German cooperative banks. Privately, I enjoy going to the theatre and cycling. Once I made a trip cycling from Berlin to Barcelona in 30 days. That required good planning and endurance. The same holds true for starting your own business.


Berlin-based automotive AI startup Teraki raises €2 million and launches DevCenter for customers

Berlin-based automotive AI startup Teraki has developed a platform that promises to bring a more than tenfold increase in efficiency to components used in automotive electronics, a €350 billion industry. Founded in 2014, the startup has now raised €2 million from Hong Kong-based Horizon Ventures and American Family Ventures, bringing its total funding to €4.7 million.


Nestwave Secures €2M in Funding

Nestwave, a Paris, France-based provider of advanced geolocation solutions for the IoT market, closed a €2.0m financing round.

The round was led by The Faktory and Sofimac Innovation.


Paris-based Cosmian raises €1.4 for its platform that analyses encrypted data while keeping it private

Paris-based Cosmian has built a deep tech cryptography and blockchain platform to power a secure data economy. Founded in 2018, the startup has just finalised a seed round of €1.4 million led by Elaia, with participation from Acequia Capital, Financière de Blacailloux (Fiblac), and business angels.


Swedish fintech Zaver has raised $1.2M seed for its P2P payments platform

Zaver, a Swedish fintech that has built a payments platform to facilitate peer-to-peer trades and more, has picked up just over $1.2 million in seed funding. Backing the burgeoning startup are VC firms Inventure and Inbox Capital, as well as a number of relatively well-established angel investors.

They include Joen Bonnier (partner at Atomico), Tom Dinkelspiel, Pontus Hagnö, Fabian Hielte (owner of Ernström & C:o and a previous investor in Spotify and iZettle), Bo Mattsson (founder of Cint) and Fredrik Österberg (founder of Evolution Gaming).


GEO Protocol Raises Seed Funding Round

GEO Protocol, a Kyiv, Ukraine-based financial technology startup, raised an undisclosed seed funding round.

CoinFund made the investment.


European Fund Boundary Holding Announces Funding in German AI Startup KONUX

Global investment fund Boundary Holding recently announced its investment in KONUX, an Industrial IoT and AI analytics company based in Munich, Germany.


CEO of Fidor Bank steps out

Wegen „strategischer Differenzen“ verlässt Fidor-Chef Matthias Kröner das Unternehmen. Schon seit einiger Zeit gibt es Ärger in der Bank.


RENO relies on full service from Concardis

Die RENO Schuh GmbH bündelt ihre Bezahlprozesse und übergibt das komplette Payment im stationären Geschäft an Concardis. Der Eschborner Full-Service Payment Provider verantwortet ab sofort Acquiring und Netzbetrieb, Hardware, Zahlungsabwicklung sowie Risiko- und Debitorenmanagement für RENO.


R + V and Friendsurance launch joint digital insurance manager

Die R+V Versicherung launcht zusammen mit dem InsurTech-Startup Friendsurance eine digitale Bancassurance-Lösung, die den 875 Genossenschaftsbanken in Deutschland zur Verfügung stehen wird. Der Versicherungsmanager basiert dabei auf einer modularen Plattform von Friendsurance Business. Zunächst werden ab Mai dieses Jahres sechs Pilotbanken mit dem Projekt an den Start gehen, um Erfahrungen zu sammeln, bevor die Bankengruppe den Versicherungsmanager nach und nach für weitere Bankhäuser ausrollt. Mittelfristig soll der VR-Versicherungsmanager allen 30 Millionen Kunden der Volks- und Raiffeisenbanken zur Verfügung stehen.


Auxmoney Expands Into SME Loans

Auxmoney, the largest German p2p lending marketplace, today starts financing SME loans. In the past Auxmoney focused on consumer loans of up to 50,000 EUR. Now loan amounts will get much bigger. Auxmoney will finance SME loans from 10,000 to 750,000 EUR at APRs between 2.7% and 11.9% depending on credit rating.


Upcoming Events:

Looking to connect to the European FinTech & InsurTech ecosystem? Here is a selection of events we are speaking at or attending:

InsurTech Week Cologne: 20-24 May, 2019, Cologne

Digital Insurance Agenda: 25-27 Jun. 2019


The most powerful elements combine at Money2020 Europe this June!

This June the most powerful and proactive elements across the global Financial Services community will combine at #M2020Eu, and we will be there! Join us to discover the elixir set to futureproof your business using the FinTech Forum discount code M19FIFOR  to save €200 on your pass


FinTech Forum partners: