News

Newsletter 31 July 2019

Norway’s BizBot selected to present at the 11th FinTech Forum (21st Nov. in Frankfurt)

Digital cap table platform BizBot – which was selected to be part of the DNB NXT program –  is among the startups selected to present at the 11th FinTech Forum, apart from Coindex (Germany), Ybanking (Poland) and Lingua Custodia (France). Also on stage will be investors from SeedX Lichtenstein, Capnamic Ventures, G+D Ventures etc. presenting on trends in European FinTech. More information / registration: https://ftf11.eventbrite.com

 

Austrian blockchain-regtech startup Blockpit raises €2.5 million from the European Super Angels Club to calculate taxes for crypto

Austrian blockchain-regtech startup Blockpit develops software for portfolio tracking, calculating taxes, and the compliant reporting of transactions for cryptocurrencies and crypto-assets. Members of the European Super Angels Club first invested in the blockchain-regtech Blockpit in July 2018 and have now doubled down on their investment with a further round of investment following the continued positive development of the business.

https://www.eu-startups.com/2019/07/austrian-blockchain-regtech-startup-blockpit-raises-e2-5-million-from-the-european-super-angels-club-to-calculate-taxes-for-crypto/

 

Optiopay receives double-digit million amount  

Das Gutschein- und Open-Banking-Portal Optiopay schließt eine neue Finanzierungsrunde in zweistelliger Millionenhöhe ab. Neuer Gesellschafter ist die Versicherungsgesellschaft NN Group, die Bestandsinvestoren Main Incubator (Commerzbank), Berlin Ventures, NJF Capital, 360T-Gründer Carlo Kölzer und Dieter von Holtzbrinck Ventures beteiligen sich erneut.

https://www.gruenderszene.de/fintech/optiopay-finanzierung-zweistelliger-millionenbetrag

 

New shareholder in crisis-Fintech Kreditech

Das problemgeplagte Startup schließt eine neue Finanzierung ab. Das Naspers-Unternehmen PayU stößt einen Teil seiner Anteile ab, dafür steigt ein bisher unbekannter Name ein.

https://www.gruenderszene.de/fintech/naspers-tochter-kreditech-anteile

 

Fintech group acquires Germany’s ebase for €154m

Fintech group FNZ Group has completed the acquisition of German investment platform company ebase (European Bank for Financial Services) from Comdirect Bank in a transaction worth €154m.

https://expertinvestoreurope.com/fintech-group-acquires-germanys-ebase-for-e154m/

 

Irish fintech company Fenergo raises €66m

Irish fintech company Fenergo has raised €66 million, a document filed with the Companies Registration Office (CRO) earlier this month shows.

https://www.irishtimes.com/business/technology/irish-fintech-company-fenergo-raises-66m-1.3959440

 

Berlin’s Visionaries Club outs two new €40M micro funds for seed and growth-stage B2B

Visionaries Club, a new European VC focusing on B2B, is disclosing that it has raised two micro funds of €40 million each, aimed at pre-seed/seed and Series B, respectively. The Berlin-based VC firm is founded by Sebastian Pollok and Robert Lacher.

https://techcrunch.com/2019/07/23/visionaries-club/

 

Apply for PitchIt @LendIT: 26-27 Sep. in London

LendIt Fintech Europe is the Leading Event in Financial Services Innovation, expected to attract 1,200+ fintechs, banks and investors from Europe’s most influential companies to learn, network and do business. Over 2,000 1:1 meetings and 50 hot topic panel sessions around Digital Banking, Lending Innovations, Cutting Edge in Fintech, and SpendIt at LendIt. Startups may apply to PitchIt, LendIt’s startup competition here. Qualified bankers and investors can apply for a complimentary pass here or check out our sponsorship options. Discount code for FinTech Forum members: FINSIX15%.

 

German Regulator BaFin Approves Tokenized Real Estate Bonds

The German Financial Market Supervisory Authority (BaFin) recently approved the issuance of tokenized real estate bonds using blockchain on Tuesday. This is BaFin’s first approval for a blockchain-based asset.

German company Fundament Group led the effort to get the regulator’s approval for the real estate bonds. The Berlin-based company specializes in tokenization of assets and invests in commercial real estate.

https://learnbonds.com/news/german-regulator-bafin-approves-tokenized-real-estate-bonds/

 

Check24 competition? – Gonetto launches comparison portal with net rates

Der Online-Makler Gonetto hat ein eigenes Vergleichsportal aufgebaut. Damit reagiert das Unternehmen auf den Rechtsstreit mit der Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin).

https://www.versicherungsbote.de/id/4882454/Check24-Gonetto-startet-Vergleichsportal-mit-Nettotarife//

 

Project “X-Pay” to bundle payment offers

Im Rahmen des Projekts “X-Pay” denken deutsche Banken und Sparkassen darüber nach, ihre Bezahlangebote zusammenlegen. Dies könnte das Ende des Online-Bezahldienstes “Paydirekt” http://paydirekt.de bedeuten, wie das “Handelsblatt” berichtet.

https://www.pressetext.com/news/projekt-x-pay-soll-zahlungsangebote-buendeln.html

 

Upcoming Events:

Looking to connect to the European FinTech & InsurTech ecosystem? Here is a selection of events we are speaking at or attending:

Amsterdam Capital Week: 23-24 September 2019, Amsterdam

Fin.Techsummit 2019: 25 September 2019, Bratislava

LendIT FinTech Europe 2019: 26-27 September 2019, London