News

Newsletter 23 July 2019

Billie raises €30M for its B2B invoicing and payments platform

Billie, the Berlin-based fintech startup that offers a B2B invoicing and payments platform, has raised €30 million in Series B funding. Leading the round is Creandum, alongside SpeedInvest, Rocket Internet’s GFC and Picus.

https://techcrunch.com/2019/07/16/billie/

 

Mobile bank N26 is now the highest valued German startup and one of the world’s most valuable fintechs

N26 today announced a $170 million extension of their Series D funding round to $470 million. The extension drives N26’s valuation to $3.5 billion, making it the highest valued German startup. The Mobile Bank now also ranks among the most valuable European startups and the top ten of the most valuable FinTechs worldwide. N26’s goal is to give everyone the opportunity to bank and live their own way.

https://www.eu-startups.com/2019/07/mobile-bank-n26-is-now-the-highest-valued-german-startup-and-one-of-the-worlds-most-valuable-fintechs/

 

The only machine translation company for finance: 7 Questions with Olivier Debeugny, Lingua Custodia

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

Hello! My name is Olivier and I am the founding CEO of Lingua Custodia, a French Fintech which applies Machine Learning to Financial Translations. I was raised in the North of France and I have been studying business in Lorraine. I have been working in Germany (where I met my British wife), in London and in Paris where we settled down 15 years ago with our 3 kids… http://www.fintechforum.de/7-questions-with-olivier-debeugny-lingua-custodia/

 

Lingua Custodia is among the first set of startups selected to present to leading investors like SeedX Lichtenstein, Capnamic Ventures and Giesecke+Devrient Ventures at the 11th FinTech Forum, 21st Nov. 2019 in Frankfurt: https://ftf11.eventbrite.com

 

Know who you talk to and choose your battles / enemies”: 7 Questions with Christian Knott, Capnamic Ventures

1. Please tell us a bit about yourself, both at work and leisure. Well, I am the typical business student, did my bachelor in Cologne, Master in Leipzig. Worked briefly for the European Commission but that was not my hometurf. Started working in Venture Capital in 2010 and am with Capnamic for 5.5 years now. Since 2018, I am partner. 

http://www.fintechforum.de/7-questions-with-christian-knott-capnamic-ventures/

 

Wirecard Announces Smart Mirror Prototype to Integrate Ordering & Payment Options

Germany-based fintech Wirecard announced on Tuesday its new prototype of a Smart Mirror, developed by Wirecard’s Innovation Lab. The company claimed that the mirror is Germany’s first intelligent mirror through which consumers may also pay for items.

https://www.crowdfundinsider.com/2019/07/149576-wirecard-annoucnces-smart-mirror-prototype-to-integrate-ordering-payment-options/

 

Munich Identity Startup IDEE wants to help banks against Facebook

With its planned currency Libra brings Facebook to the global blow – to the detriment of banks and savings banks. Facebook’s core is user identity. Although the project is currently still in the conceptual stage – with about 2.32 billion active users – 1.56 million of them daily – the social network can revolutionize the financial world. The Munich Identity-Tech IDEEwants to help banks with authentication, authorization and identification solutions. The technology is based on principles of public-key cryptography .

https://www.it-finanzmagazin.de/muenchner-identity-startup-idee-banken-facebook-91957/