News

Newsletter: 3 Sep 2018

Kreditech wants to grant private loans in India

Per Knopfdruck wolle Kreditech Privatdarlehen von bis zu 500.000 Rupien – umgerechnet rund 6.000 Euro – verteilen. Mit dem neuen Angebot, das im September starten soll, weitet Kreditech sein Indien-Engagement in einem Segment aus, das auch bei anderen Technologiekonzernen gerade auf großes Interesse stößt.

https://www.handelsblatt.com/finanzen/banken-versicherungen/start-up-kreditech-will-in-indien-privatdarlehen-per-knopfdruck-vergeben/22970782.html?nlayer=Newsticker_1985586&ticket=ST-1750632-fWlpXAtEFWfjUzHjxPOX-ap2

 

Innogy and Coparion invest in Berlin blockchain start-up

Design und Nutzerfreundlichkeit würden oft vernachlässigt, wenn Unternehmen versuchten, bei ihren Websites die rechtlichen Vorgaben für Initial Coin Offerings zu erfüllen. Mit seinem Startup Fractal entwickelt Leitloff daher Software, die die Erstellung benutzerfreundlicher und regelkonformer ICO-Seiten vereinfachen soll. Der Anbieter kümmert sich außerdem um die Identifikation der Investoren, ein wichtiger Teil des ICO. Jetzt hat die im Oktober 2017 gegründete Firma eine siebenstellige Seed-Finanzierungsrunde abgeschlossen. Zwei namhafte Investoren beteiligten sich daran: der Energiekonzern Innogy und der Berliner VC Coparion.

https://www.gruenderszene.de/technologie/fractal-investment-coparion-innogy

 

Fractal is among the startups selected to present at the 10th FinTech Forum/ 5th Anniversary Edition on 22nd Nov. 2018 in Frankfurt. Learn more here.

 

7 Questions with Thorsten Terweiden, Invest Hong Kong (InvestHK)

1. Tell us a bit about yourself and your company.

I am the Deputy Head of Fintech at Invest Hong Kong (InvestHK) www.InvestHK.gov.hk and lead on Fintech across Europe out of our UK Office in London.  InvestHK is the Hong Kong Government department that promotes the many advantages of Hong Kong as a base to locate a business; and assists overseas enterprises establish and develop their presence in the city. InvestHK has 30 offices around the world, with its head office in Hong Kong.

http://www.fintechforum.de/7-questions-with-thorsten-terweiden-invest-hong-kong-investhk/

 

Berlin start-up takes on life insurance

Die Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin) hat dem Berliner Altersvorsorge

Startup Vantik die Namensänderung sowie die Anpassung der Anlagebedingungen für den

unternehmenseigenen Fonds genehmigt. Damit trägt auch der Fonds ab 1. September 2018

den Namen Vantik. Das Unternehmen hatte den Fonds zum 1. März 2018 als Fondsinitiator

übernommen und mit der kompletten Neuausrichtung begonnen.  

https://drive.google.com/drive/folders/1XdwzCA4-GqhUMBFAI6BT3bHxDkkl10fe

 

Raisin launches savings platform in the Netherlands

Raisin is further expanding its reach in the Netherlands after introducing its distribution partnership with Dutch broker bank BinckBank earlier this year. As Dutch banks continue to reduce interest rates on savings – some already with 0% or negative rates – the award-winning FinTech firm will offer Dutch savers the alternative they have been looking for:higher interest rates on savings products across Europe, protected by deposit guarantees as they are in the Netherlands.

https://www.raisin.com/press/raisin-launches-savings-platform-in-the-netherlands/

 

neon and Contovista are new technology partners

Swiss fintech startup neon trusts in Contovista technology for its data analysis.

Being the first Swiss independent mobile account app, neon is available to beta users since August 2018. The young Zurich startup has recently partnered with Contovista, the Swiss market leader for data-driven banking. Contovista has become the technology partner for neon’s payment data analysis.

https://media.contovista.com/contovista-is-the-new-technology-partner-of-neon-switzerlands-one-and-only-independent-mobile-3e35451e922d

 

Congratulations to Contovista and Neon. Contovista presented at 9th FinTech Forum (21st Sep. 2017, Frankfurt) and Neon will be presenting at the 10th FTF.

 

AI-Commerce Tech Company REXai Raises €1.5M

REXai, an Amsterdam, The Netherlands- and Valencia, Spain-based AI-Commerce tech company, raises €1.5m in funding.

The round was led by Newion Investments, with participation from the founder and smart angel investors from the ecommerce and cyber-security industry.

http://www.finsmes.com/2018/08/rexai-raises-e1-5m.html

 

Irish P2P Lending Platform Flender Raises €10 Million Through Latest Funding Round For SME Lending

Irish peer-to-peer lender Flender has reportedly raised €10 million through its latest funding round to lend to small and medium-sized enterprises (SMEs). Flender, which was launched in early 2017,  is authorized and regulated by the Financial Conduct Authority under Registration Number 657861. The online lender is now on a mission to enable businesses and consumers the ability to borrow money through their existing networks of friends, family, and customers.

https://www.crowdfundinsider.com/2018/08/138353-irish-p2p-lending-platform-flender-raises-e10-million-through-latest-funding-round-for-sme-lending/

 

Exabel Raises US$4.7M in Second Seed Funding

Exabel, an Oslo, Norway-based developer of an automatic monitoring tool for finance professionals, raised US$4.7M in second seed funding.

Backers included Vatne Equity, Andenæsgruppen, Sanden, Melesio Capital, Axan Invest, First Partners Holding 5, Holta Invest, and LT Invest.

http://www.finsmes.com/2018/08/exabel-raises-us4-7m-in-second-seed-funding.html

 

DIGITAL WEALTH MANAGEMENT – From disruption to a sustainable business model by Norbert Paddags

The basic conditions for the management of private assets have changed drastically in recent years. This is due to a number of factors, including innovative products, increasing regulatory requirements and in particular digitization. In this article the implications of recent developments are described, highlighting the importance of robo advisers, and the forces driving the resulting disruption are identified. However, also new opportunities and future business models for private wealth managers and banks are developing.  

http://paddags.com/da/expertise/digital-wealthmanagement.html

 

Meet our partners:

www.investhk.gov.hk/

www.advinda.com

www.be-tse.de/en/

www.boersen-zeitung.de/

www.innovationhub.innogy.com

www.miles-and-more.com

http://www.dvfa.de/