News

Newsletter: 6 Nov 2018

Countdown to FinTech Forum’s 5th Anniversary Edition, 22nd Nov. 2018

With less than three weeks to go to FinTech Forum’s 5th Anniversary Edition, it’s time for a quick update! We are pleased to announce the panelists for the roundtable discussion German FinTech, Outside Backers- Fast Forward 2023 which looks at the trend of non-banks and foreign investors dominating German FinTech investments, and what this could mean in 5 years: Andreas Thümmler, Acxit Capital Partners; Dr. Christian Nagel, Earlybird Venture Capital; Dr. Jörg Goschin, KfW Capital; Paul Morgenthaler, CommerzVentures and Radboud Vlaar, Finch Capital.

We will also have the chance to hear from our guest speakers, including Thorsten Terweiden of InvestHK on the opportunities for FinTechs offered by Hong Kong; Dirk Fuchs of Be Think, Solve, Execute on Financial Services innovation; Laurens Mauquoi of Smava on essential lessons from Germany’s first FinTech; and a fireside chat with Nektarios Liolios on 5 years accelerating FinTech globally, as he hangs up his boots at Startupbootcamp FinTech!

Do check out the final line-up of startups, and feel free to share this link with contacts who may be interested in the last few remaining tickets: https://fintechforum10.eventbrite.com

 

Berlin-based omni:us increases total funding amount to $22.5 million to expand with its AI-powered insurtech solution

omni:us, the AI-powered insurance technology startup from Berlin, has today announced the closure of a Series A round, bringing its total funding to date to $22.5 million. The fundin round has been led by Berlin-headquartered VC firm Target Global, and followed by MMC Ventures, Talis Capital and existing investors. This funding reinforces omni:us’ position as a market leader in enabling insurers to become more data-driven and adapt to today’s customer expectations.

http://www.eu-startups.com/2018/10/berlin-based-omnius-increases-total-funding-amount-to-225-million-to-expand-with-its-ai-powered-insurtech-solution/

 

7 Questions with Julian Leitloff, Fractal Blockchain

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

Hi, I am Julian and co-founder of Fractal Blockchain. We build ID and payment solutions for the decentralized web with a focus on usability and compliance. I have been interested in alternative and open financial systems after seeing the financial crisis first hand at Deutsche Bank. I then did early research on Crowdfunding at Zeppelin University. I am a news junkie and into politics.

http://www.fintechforum.de/7-questions-with-julian-leitloff-fractal-blockchain/

 

Munich insurtech xbAV collects 21 million euros

Der Wagniskapitalgeber Armada Investment, der Xing-Gründer Lars Hinrichs und 20 weitere Kapitalgeber aus der VC-, Technologie- und Versicherungsbranche investieren 21 Millionen Euro in das Insurtech xbAV. Das 2007 von Martin Bockelmann gegründete Münchner Unternehmen zur Digitalisierung der betrieblichen Altersversorgung will mit der frischen Finanzierung seine Plattform weiter auszubauen. Laut eigenen Angaben wird diese von 20 Lebensversicherungen und mehr als 5.000 Vermittlern und 1.800 Arbeitgebern genutzt.

https://www.deutsche-startups.de/2018/10/23/dealmonitor-23-10-2018/

 

Hepster enters the market with a subscription model

Das Insurtech Hepster startet am 1. November mit situativen Versicherungen für Elektronik, Ausrüstung und Fahrräder. Reise- und Unfallversicherungen sollen folgen. Das Unternehmen arbeitet mit der Gothaer, Hansemerkur, Roland und Amtrust zusammen.

https://www.versicherungsjournal.de/unternehmen-und-personen/hepster-tritt-mit-abo-modell-in-den-markt-ein-133909.php

 

German Central Bank and Deutsche Boerse Successfully Complete Blockchain Settlement Trial

The central bank of Germany, Deutsche Bundesbank, and securities marketplace organizer Deutsche Boerse (DB) have successfully completed the trial of a blockchain solution in the settlements area, DB’s report reveals Thursday, Oct. 25. The main point of the joint research was to conduct on blockchain the full lifecycle of bond issuance, settlement, corporate actions, and redemption, as well as cash transfer including the provisioning of digital coins, transfer between market participants, and settlement of cash payments, the summary states.

https://cointelegraph.com/news/german-central-bank-and-deutsche-boerse-successfully-complete-blockchain-settlement-trial

 

Check Point Software Acquires Dome9

Check Point Software Technologies Ltd. (NASDAQ: CHKP), a provider of cyber security solutions globally, acquired Tel Aviv, Israel-based cloud security company Dome9.

The amount of the deal was not disclosed. The acquisition enhances Check Point’s fully consolidated Infinity architecture and its Cloud Security offering with advanced active policy enforcement and multi-cloud protection capabilities.

http://www.finsmes.com/2018/10/check-point-software-acquires-dome9.html

 

Hauck & Aufhäuser debuts digital wealth manager

The digital onboarding process for Zeedin, from the development of an individual investment strategy to the opening accounts, was realized by digital banking software provider CREALOGIX together with a project team from Hauck & Aufhäuser. Zeedin offers unit-linked asset management starting at 50,000 euros – but uniquely, also offers single digital asset management for investments from 150,000 euros – currently the only asset manager of its kind on the market.

https://www.finextra.com/pressarticle/76129/hauck–aufhuser-debuts-digital-wealth-manager

 

JDC-Gruppe start Robo-Advisor „Moneymaker“

Die JDC Group steigt in den Markt der digitalen Vermögensverwalter ein. Das neue Online-Angebot unter dem Namen Moneymaker wurde gemeinsam mit der DWS entwickelt. Hinter dem Robo-Advisor steckt eine digitale Investmentplattform, bei der die Analystendaten der Deutschen Bank genutzt werden: Das Multi-Asset-Team der DWS legt Musterportfolios auf Basis der Hausmeinung der Frankfurter Fondsgesellschaft fest.

https://www.private-banking-magazin.de/digitale-vermoegensverwaltung-jdc-gruppe-startet-mit-dws-neuen-robo-advisor-moneymaker/

 

Wirecard, Mastercard launch prepaid card for gas in Slovenia

Petrol, Slovenia’s leading gas station operator, has partnered with Wirecard and Mastercard, enabling users of Petrol’s MBills mobile wallet to add a prepaid Mastercard to their accounts.

https://www.paymentssource.com/news/wirecard-mastercard-launch-prepaid-card-for-gas-in-slovenia