Cashboard closes international Series A round
Cashboard (www.cashboard.io), Germany’s fastest growing online wealth management platform, has secured a series A funding of EUR 3m lead by Digital Space Ventures. The existing investors Redalpine, Earlybird, 500 Startups and renown private investors also participated in the round. Other existing investors include Makers, ProSiebenSat.1 and others.
German Fintech Firm figo Secures Over $7m in Funding from Deutsche Börse
The German fintech sector is starting to flex its muscles, with the Hamburg-based startup figo securing almost $7.2 million (€6.8 million) in Series B financing, with additional investments coming from DB1 Ventures, the Corporate Venture Capital arm of Deutsche Börse Group.
Klarna, Swedish FinTech Startup, Buys Bankrupt German Startup Cookies
Klarna, the Swedish payment service provider, is taking over Cookies, the Berlin FinTech startup that ran out of money. According to a report, the idea behind Cookies was to make mobile money transfers easier. The startup, once upon a time, was a darling among venture capitalists, but infighting among the company’s management led Cofounder Garry Krugljakow to not sign off on capital raising, which resulted in the startup running out of money.
Why we are launching FinTech meets Telecom (23rd Jan. 2017)
Mobile- and telecom-driven financial services for the “unbanked” are fast becoming the norm in emerging markets, but have yet to scale in Europe. However, we see several factors coming together that could change the game…An invitation-only initiative run in collaboration with sector experts, FTF On Tour | FinTech meets Telecom is the first to bring together FinTech startups with investors, telecoms and financial institutions looking to tap into these emerging opportunities in Europe.
Weekly FinTech Deal Map – the startups unbundling European finance
Our weekly FinTech deal map (BETA) shows the startups, investors and acquirers unbundling (and re-bundling) European finance. Check out the map of deals from 6th – 18th Nov. 2016.
German Finance Ministry Publishes Report on Fintech: Very High Growth in Recent Years
The German Federal Ministry of Finance or Bundesministerium der Finanzen, has published a report on the emerging Fintech sector.
European Commission sets up fintech task force
The European Commission has set up a Financial Technology Task Force to shape its response to the effects of digital innovations in the banking sector.
Raisin partners with BN BANK to offer Norwegian kroner term deposits
Norway’s BN Bank will from today offer term deposits in Norwegian kroner on the pan-European Raisin platform. This makes BN Bank the first bank partnering with Raisin to offer a savings product denominated in a non-Euro currency on a pan-European level. “This partnership demonstrates Raisin’s commitment to broadening its product portfolio to meet the savings requirements of our international customers.“ states Katharina Lueth, Head of Europe at Raisin.
BNP Paribas opens up to startups
BNP Paribas has opened an online portal to connect bank staff and business lines with innovative startups.
Ein Blockchain-Krimi aus Sachsen
The DAO soll die Finanzwelt revolutionieren. Dann wird der Blockchain-Fonds gehackt. Was folgt, sind irre Wochen, die als die „Dao Wars“ in die Geschichte eingehen.
Fintech-Preis soll Gründergeist belohnen
Verleihung bei Er ̨ffnung des Tech Quartiers – Scalable Capital, WebID Solutions, CRX Markets und Quantoz sind die Gewinner
WebID als führendes FinTech-Unternehmen mit dem FinTechGermany Award ausgezeichnet
Eine weitere Bestätigung für das innovative FinTech WebID Solutions: In der Kategorie “Growth Stage” wurde das Unternehmen als Gewinner des neu gegründeten FinTechGermany Awards ausgezeichnet. Der Award wird in vier Kategorien verliehen.
„Es tut extrem weh, zu guten Geschäften Nein zu sagen“
Im Frühjahr ist die Solarisbank mit einer Banklizenz gestartet. Die Vision war von Beginn an groß. Wie schlägt sich das Berliner Startup seitdem? Ein Interview.
Urs Wietlisbach joins Nectar Financial
Nectar Financial AG, the Schwyz based fintech company providing middle and back office services for family offices and asset managers, announced that Urs Wietlisbach, co-founder and member of the Board of Directors of Partners Group, decided to take a minority equity stake in Nectar Financial. The company further announced that the family office of the founders of Partners Group, will join their client.