Newsletter: 7 May 2018

Kreditech appoints David Chan as CEO

Kreditech announced the appointment of David Chan as Chief Executive Officer. Alexander Graubner-Müller will stay with Kreditech in his role as founder and Deputy CEO.

Alongside with Chan, Kreditech has also been appointing top talent across several other roles in its leadership ranks. Mariusz Dabrowski, former CFO and financial director at Homecredit, IPF and Provident, is now Chief Financial Officer at Kreditech.

Kreditech appoints David Chan CEO

Covee raises €1.35 million in funding

Covee, a startup out of Berlin, has raised a modest €1.35 million in a round led by LocalGlobe in London, with Atlantic Labs in Berlin and a selection of angels. It uses blockchain to allow experts worldwide to collaborate.

Covee uses blockchain to allow experts worldwide to collaborate

7 Questions with Victor Hugo Gomez, Founder of BITA

1. Please tell us a bit about yourself, both at work and leisure. A Venezuelan native, I’m one of those perhaps “irrational minds” that decides to change a good career in the corporate space, and most recently the VC space, for the excitement and intellectual challenge of entrepreneurship. I’m currently spreading my time between managing BITA (from which I will discuss in the next questions) and giving advisory to several startups in the Fintech space.

7 Questions with Victor Hugo Gomez, Founder of BITA

BITA is one of the startups selected to present at the 5th Anniversary Edition of FinTech Forum on 22nd Nov. 2018- more information for startups is here. Registration for investors / financial institutions is here.

Reinsurance Group of America (RGA) invests in Insurtech Getsurance

The Reinsurance Group of America (RGA) is investing in Insurtech Getsurance with its subsidiary RGAx. RGAx acquires the shares of Michael Franke and Katrin Bornberg, who helped launch their 2016 Getsurance investment.

Neuer Investor für Getsurance

Helaba gets serious about fintech plans

Helaba’s plans to establish its own fintech investment company are more advanced than previously known. According to the commercial register, Hessische Landesbank set up “Helaba Digital GmbH & Co. KG” at the end of March. Its purpose is to hold a stake in “companies in the financial services and software industry”. Managing Director of the subsidiary is Philipp Kaiser, who came to Helaba from Freshfield Bruckhaus Deringer two years ago and has since been advancing the “Strategy Project Digitization” there.

Exklusiv: Helaba macht Ernst mit Fintech-Plänen

Sparkasse Bremen withdraws from Yomo

Sparkasse Bremen is currently informing its Yomo users about the official exit and announcing the accounts according to the GTC.

They had great experiences and learned a lot, but after the beta phase, they did not want to be on board with Yomo anymore. This is especially related to the new (paid) current account models that have recently been introduced. Customers can switch to a normal account of Sparkasse Bremen upon request.

Crowdinvesting: Companisto launches 100th round of financing

Six years after founding the crowd investment platform Companisto starts the 100th round of financing. Upto 50 million euros have been invested over the platform. It has registered more than 83,000 small investors.