News

Newsletter 22 Oct 2019

“When finance becomes an add-on” – announcing the panel at 11th FinTech Forum

As FinTechs make it easy to embed financial services into the customer workflow of other sectors, are incumbents prepared for an era of „backstage banking” (or insurance)? That is the topic for the panel discussion at the 11th FinTech Forum on 21st Nov. 2019 in Frankfurt. Check out the agenda, presenting startups, investors and industry leaders participating at our flagship event, and register here: http://ftf11.eventbrite.com

 

Santander leads EUR35 million Series B in debt marketplace CrossLend

Santander InnoVentures is leading a €35 million funding round in pan-European digital debt marketplace CrossLend. The Series B financing round in the Berlin-based marketplace also includes funding from existing investors Lakestar, ABN AMRO Ventures, and Earlybird.

Founded in 2014, CrossLend provides a digital debt marketplace for consumer, SME, invoices, mortgages and other forms of debt originated by banks and alternative originators.

https://www.finextra.com/newsarticle/34578/santander-leads-eur35-million-series-b-in-debt-marketplace-crosslend

German startup Thinksurance raises €13 million Series B to modernise insurance distribution

Frankfurt-based Thinksurance, an insurance distribution platform, has raised a €13 million Series B from Eight Roads Ventures. The commercial insurance industry in Germany alone is worth almost €30 billion in premiums per year and continues to grow, but transactions between insurers and distributors remain mostly manual. Founded in 2016, Thinksurance has built a platform for insurance distributors — brokers, pools or agents — and insurers to digitalise the entire commercial insurance distribution process.

https://tech.eu/brief/german-startup-thinksurance-raises-e13-million-series-b-to-modernise-insurance-distribution/

 

7 Questions with Michael Lachner, Coinmat

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

I am currently an initiator, co-founder and business developer of the fintech startup Coinmat with a great team and more great business idea. With Coinmat we are in the seed phase with a MVP+. Since 2011 I am self employed and founder of different companies in different business spaces.

Personally I am an open mindested person, who want to learn and to have fun every day with my family and friends. I am a big visionary with a big intrinsic motivation to create something valuable. I am a doer and not only a speaker.

http://www.fintechforum.de/7-questions-with-michael-lachner-coinmat/

 

7 Questions with Emrah Basic of Seed X Liechtenstein AG

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

  1. Originally Swiss, banking background, spent the last 2.5 yrs in Berlin doing early-stage investments at Axel Springer

  2. Passionate basketball player and biker

http://www.fintechforum.de/7-questions-with-emrah-basic-of-seed-x-liechtenstein-ag/

Emrah is among the leading early-stage investors covering European FinTech innovation areas and investment trends at the 11th FinTech Forum, 21st Nov. 2019 in Frankfurt: https://ftf11.eventbrite.com

 

Cashforce Raises €5M in Series A Funding

Cashforce, an Antwerp, Belgium-based cash forecasting and working capital management solution provider, raised €5m in Series A funding. The round was led by Inkef Capital and Citi Ventures, with participation from existing investors Pamica NV, the investment company of Michel Akkermans, and Volta Ventures.

http://www.finsmes.com/2019/10/cashforce-raises-e5m-in-series-a-funding.html

 

Venture capital in Germany: N26 and FlixMobility among the top 10 globally

Investitionen in Deutschland so hoch wie nie zuvor

In Deutschland floss im 3. Quartal mit 2,29 Milliarden Dollar so viel Geld wie nie zuvor in einem Quartal. Der Löwenanteil davon ging mit 564 Millionen Dollar an FlixMobility, gefolgt von N26 (470 Millionen) und BioNTech (325 Millionen). FlixMobility und N26 gehörten damit zu den weltweiten „Top 10“ der weltweiten VC-Investments.

https://www.cash-online.de/berater/2019/venture-capital-in-deutschland-n26-und-flixmobility-global-unter-top-10/485554

 

Further advisory board for Exporo

Dr. Hauke Brede verstärkt seit dem 1. September 2019 den Beirat der Exporo AG. Der Beirat dient als strategischer Gesprächs- und Diskussionspartner für die Geschäftsführung und gibt Steuerungsimpulse für die Weiterentwicklung der Exporo AG.

https://www.cash-online.de/koepfe/2019/weiterer-beirat-fuer-exporo/486018

 

Germans do not want to pay mobile

in Deutschland gibt es einer neuen Verbraucherstudie zufolge besonders große Vorbehalte gegen das Bezahlen mit den Handy. Laut der Befragung von 2500 Bewohnern zehn europäischer Länder nutzten Ende vergangenen Jahres nur 5 Prozent der deutschen Verbraucher ihr Smartphone zum Bezahlen, schreiben die Fachleute der Unternehmensberatung PWC in einer am Dienstag in München veröffentlichten Untersuchung. Das war der europaweit niedrigste Wert.

https://www.faz.net/aktuell/finanzen/digital-bezahlen/handy-zahlung-deutsche-wollen-nicht-mobil-bezahlen-16433611.html

 

Meet us at: 

11th FinTech Forum, Frankfurt, 21st Nov. 2019 http://www.fintechforum.de

FinTech Junction Europe, Berlin, 10-12 Dec. 2019 https://www.fintechjunction.com

FinTech Forum partners:

www.heussen-law.de

www.europe.money2020.com

 

Like our newsletter and community, and want to be part of it? Get onto our mailing list or email contact@fintechforum.de to learn more about sponsoring / partnership options.