Newsletter: 20 Aug 2018

Deposit Solutions seals new investment round of USD 100 million

The Hamburg-based fintech Deposit Solutions, a pioneer of open banking and leading international platform for savings deposits, announced the closure of a new round of funding, according to a press release on August 15, 2018. The round was led by the private equity firm Vitruvian Partner joined by Sweden’s Kinnevik and existing shareholders including Deposit Solutions‘ first institutional shareholder in a transaction worth a total of USD 100 million. The deal brings the value of Deposit Solutions and its two brands Zinspilot and Savedo to to over USD 500 million


Berlin’s Taxfix, a mobile assistant for filing your taxes, picks up $13M led by Valar Ventures

Taxfix, the Berlin-based startup that has developed a mobile assistant to help you file your tax return, has closed $13 million in Series A funding. The round is led by Peter Thiel’s Valar Ventures, with participation from existing investors Creandum and Redalpine.


Sentifi among winners of the sixth Swisscom StartUp Challenge

AAAccell, Dotphoton, Exeon Analytics, Sentifi and ROVENSO have been named as the winners of the sixth Swisscom StartUp Challenge. Sentifi is a leading provider of financially relevant Crowd Intelligence. Our solutions are viewed more than 180 million times per month and used by the world’s leading financial services organizations to gain unique insights on over 50 thousand traded companies, currencies and commodities and the events that impact them.


Congratulations to Sentifi, who presented at the FinTech Forum On Tour | InvestTech Sep. 2015 in London! Also check out the line-up of startups selected to pitch at FinTech Forum’s 5th Anniversary Edition (22nd Nov. 2018 in Frankfurt):


VCXO Briefing with Rob Moffat, Balderton Capital

1. Tell us a bit about yourself and your focus area(s) within FinTech?

Partner at Balderton Capital, the leading early-stage VC focussed on European startups.  We are highly active in fintech and this is my focus area. Specifically, I look a lot at insurance and retail financial services, but also increasingly at financial software.


Payments firm Wirecard overtakes Deutsche Bank

A Bavarian payment processing company overtook Deutsche Bank on Tuesday to become Germany’s most valuable financial services provider. Wirecard shares, part of the Tec-Dax index, were worth more than €21 billion ($24 billion), beating Deutsche Bank’s €20 billion market valuation.


Contactless payment with Fitbit Pay in Germany

Als erste kartenausgebende Bank in Deutschland bietet die BW-Bank ihren Kunden die Möglichkeit, Fitbit Pay zu nutzen. Visa-Karteninhaber können mit der Bezahlfunktion der Fitbit Versa und Fitbit Ionic weltweit überall dort bezahlen, wo kontaktloses Bezahlen möglich ist, heißt es in der entsprechenden Pressemitteilung. Kunden der BW-Bank können ihre Visa Kreditkarten und MercedesCard in der Fitbit-App auf Android, iOS- oder Windows-Mobilgeräten hinzufügen.,3439484


Tyrolean AI chat startup Onlim secures six-digit investment

Das Tiroler Jungunternehmen Onlim der Gründer Alexander Wahler und Ioan Thoma hat frisches Kapital aufgenommen. Wie Trending Topics erfahren hat, haben bestehende Gesellschafter unter dem Lead des Tiroler Tourismus-Unternehmens Feratel einen mittleren sechsstelligen Betrag in das Startup gesteckt – darunter auch die Universität Innsbruck, aus der die Firma 2015 als Spin-off hervorgegangen ist.


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