News

Newsletter 9 July 2019

Check out the first set of startups and investors at 11th FinTech Forum

The first set of startups selected for the 11th FinTech Forum include: JustTRADE (Germany)- an online broker offering commission-free trading; Ybanking (Poland)- a virtual bank offering multiple products via a Platform-as-a-Service; and Lingua Custodia (France)- AI for high-end translations in finance e.g. fund prospectus, equity research etc. Investors like SeedX Lichtenstein, Capnamic Ventures and Giesecke+Devrient Ventures will be covering investment trends. Startups: apply to pitch! Email contact (at) fintechforum.de 

Investors / Financial Institutions may register here directly: https://ftf11.eventbrite.com

 

Creative Group FinTech Lands $25M To Expand Into 30 Countries

Amsterdam-based startup Creative Group announced it has raised €22 million in funding from Prime Ventures. The funding will be used to help the company expand to 30 countries by the end of next year.

https://www.pymnts.com/news/investment-tracker/2019/creative-group-fintech-funding-expansion/

 

Paris-based fintech Bleckwen raises €8.8 million for its fraud detection software to prevent financial crime

A spin-off from Ercom, the French cybersecurity firm, Bleckwen today announced it has raised €8.8 million in its first funding round. The funding will be used to support Bleckwen’s international expansion and the continued development of its software capabilities in AI-based fraud detection. The company’s expertise is strategically focused on anti-money laundering (AML) and counter-terrorism financing (CTF), while also protecting from other types of fraud.

https://www.eu-startups.com/2019/06/paris-based-fintech-bleckwen-raises-e8-8-million-for-its-fraud-detection-software-to-prevent-financial-crime/

 

Belgium-Based Insurtech Qover Secures €8 Million Through Latest Funding Round Led By Alven & Portag3

Qover, a Belgium insurtech for digital businesses, recently announced it has raised €8 million through its latest funding round,  led by Alven and Portag3 Ventures with participation from Anthemis.

https://www.crowdfundinsider.com/2019/06/148838-belgium-based-insurtech-qover-secures-e8-million-through-latest-funding-round-led-by-alven-portag3/

 

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. 

In my private life I have a fiancée (wife at the end July), who I love to travel with. The more remote and beautiful the place the better.

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

 

7 Questions with Ralf Oetting and Michael Bußhaus, justTRADE

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

Hi, we are Ralf and Michael from Germany, living in Frankfurt, Cologne and Bremen. We have both worked for more than 20 years in the Online-Brokerage and -Banking industry in various positions. In the past each of us and sometimes together we have worked at and developed various Online-Broker and financial portals in Germany and Europa. Ralf was the former COO of comdirect ltd. in UK, CEO of OnVista AG and managing director of OnVista Bank GmbH and Michael was Head of Brokerage at comdirect bank AG and managing director of OnVista Bank GmbH. 

http://www.fintechforum.de/7-questions-with-ralf-oetting-and-michael-bushaus-justtrade/

 

fyrst: Deutsche Bank attacks Fintech with digital bank

Ohne Ankündigung hat die Deutsche Bank am Montag eine neue Digitalbank gestartet. Offenbar will das Institut mit dem Fyrst getauften Angebot Fintechs die Stirn bieten, die Gründer, Selbständige und Freiberufler umwerben. 

https://gruender.wiwo.de/fyrst-deutsche-bank-greift-fintechs-mit-digitalbank-an/

 

Numbrs manages 10 billion euros in aggregate client funds to 1.6 million bank accounts

Das Schweizer FinTech Numbrs (Website) hat 10 Milliarden Euro aggregierter Kundengelder erreicht, teilt der Anbieter mit. Die Anzahl der über die App verwalteten Bankkonten stieg seit Anfang Mai um rund 100.000 auf 1,6 Millionen.

https://www.it-finanzmagazin.de/milestone-numbrs-10-milliarden-euro-kundengelder-91465/

 

With just a few clicks, Haspa and deineStudienfinanzierung ensure a financially worry-free study

Das Berliner FinTech-Startup deineStudienfinanzierung und die Hamburger Sparkasse (Haspa) kooperieren. Die größte deutsche Sparkasse integriert das Angebot der Plattform als zusätzlichen kostenlosen Mehrwert in das speziell auf die Bedürfnisse von Studierenden zugeschnittene Girokonto HaspaJoker unicus. „Unsere Mission ist es, allen Studierenden in Deutschland ein finanziell sorgenfreies Studium zu ermöglichen“, sagt Bastian Krautwald, Geschäftsführer von deineStudienfinanzierung. https://www.deinestudienfinanzierung.de/de/haspa-und-deinestudienfinanzierung-sorgen-mit-wenigen-klicks-fuer-ein-finanziell-sorgenfreies-studium/

 

Deposit Solutions Expands Open Banking Platform for Savings deposits for customer identification with yes

Deposit Solutions, Betreiber der führenden Open-Banking-Plattform für

Spareinlagen, kooperiert mit der yes.com AG – dies geben beide Unternehmen heute bekannt. Deposit Solutions ermöglicht es Banken und anderen Partnern, die Open-Banking-Plattform des FinTechs in ihr Kundenangebot zu integrieren, um eigene Zinsmarktplätze aufzubauen.

http://www.deposit-solutions.com/wp-content/uploads/2017/05/2019-07-01_PM_DS-YES-1.pdf