Newsletter: 2 Sep 2019

Announcing the second set of startups & investors: 11th FinTech Forum (21st Nov. / Frankfurt)

We are proud to announce that BizBot (Norway), iCEIBA (UK), Remipay (Germany), Trality and Nodeventure (both Austria) are joining the exciting line-up of startups and investors presenting at the 11th FinTech Forum (21st Nov. 2019 in Frankfurt). We are also pleased to have leading early stage investors from Idinvest Partners, G+D Ventures, Capnamic Ventures and SeedX.LI on stage covering the latest trends in European FinTech & InsurTech.


Bitwala Raises €13M in Series A Funding

Bitwala, a Berlin, Germany-based crypto-first banking service, raised €13m in Series A funding. The round was led by Sony Financial Ventures and NKB Group with continued participation from existing investors Earlybird and coparion.


Numbrs Raises $40M in Funding; Valued at Over $1 Billion

Numbrs Personal Finance, a Zurich, Switzerland-based bank account collection app provider, raised $40m in funding.

Backers included unnamed strategic private investors, no venture capital.

The round brought total capital raised to date to $200m and the valuation to over $1 billion.


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.

Congratulations to fairr, an alumnus of  4th FinTech Form (19th March 2015)!


Fintech Startup Lunar Way Raises €26 Million in Latest Funding Round

Denmark-based fintech startup Lunar Way has raised a total of €26 million in its latest funding round while securing a European banking license in the process. According to Tech.Eu, the accumulated funds will be used to further develop the company’s new Nordic bank and expand its presence in the Danish, Swedish and Norwegian markets.


Sweden’s Hedvig raises $10.4M led by Obvious Ventures to build ‘nice insurance’

Hedvig, a Swedish startup, is following in the footsteps of Lemonade, building a new generation of insurance platforms that use AI to help evaluate customers and operate on a policy of using surplus for social good. Today the company announced the next stage of its growth. The startup has closed a SEK100 million ($10.4 million) round of funding to expand from its current offering of property insurance into a wider range of categories, and begin the costly process of expanding its business into more countries beyond its home market.


CRX Markets funded secretly – and is now worth € 65 million

Einer der „Hidden Champions“ unter den deutschen Fintechs, nämlich das Working-Capital-Startup CRX Markets, hat nach Informationen von und unserem Recherchepartner „“ die nächste Finanzierungsrunde durchgezogen. Bereits Anfang Juni sicherten sich die Münchner von Investoren 6 Mio. Euro und kommen nun auf eine Post-Money-Bewertung von rund 65 Mio. Euro. Damit dürfte CRX Markets zu den 20 größten deutschen Fintechs  gehören. 


Belgium’s Esoptra raises €2.4 million to help companies turn data into value

Belgian tech startup Esoptra, which develops and markets a DataOps platform for reusable business applications, has secured €2.4 million in total funding. The startup was founded in 2017 by Paul Carpentier and Jan Van Riel – serial entrepreneurs who previously established Gnosis, Wave Research, FilePool (acquired by Dell EMC) and Caringo – and had already raised just south of €2 million from a pool of Belgian entrepreneurs and business angels, and the Flanders Innovation & Entrepreneurship agency.


Digital insurance manager CLARK expands abroad

Der digitale Versicherungsmanager CLARK gibt den Eintritt in den österreichischen Versicherungsmarkt bekannt. Das Insurtech plant den Launch einer lokalen Version seiner App für Anfang 2020. Mit der App können zukünftig österreichische Kunden ihre Verträge digital managen und online Versicherungen anfragen und abschließen.


Finleap launches its Check24 challenger

Der Berliner Fintech-Inkubator Finleap macht Ernst mit seinen Plänen, das Münchner Vergleichsportal Check24 mit einer eigenen B2C-Plattform für Finanzprodukte anzugreifen. Nach Informationen von ist die Website gestern unter „“ livegegangen.


Dispute over account interfaces escalated

Der Streit über die künftig erforderlichen Kontoschnittstellen der Banken geht in eine neue Runde. Das Finanz-Start-up (Fintech) Fintecsystems sieht bei allen deutschen Kreditinstituten Defizite. „Wir haben einen Brief an 1.296 Kreditinstitute in Deutschland geschrieben und auf die jeweiligen Probleme, die wir bei den Kontoschnittstellen sehen, hingewiesen. Wir sehen bei allen Mängel“, sagte Fintecsystems-Chef Stefan Krautkrämer dem Handelsblatt.


Meet us at: 

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.

InsurTech Rising, Paris, 8-9 Oct.

South Summit, Madrid, 2-3 Oct.

Intelligent InsurTech, London, 14 Oct.


FinTech Forum partners:


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