The early stage European FinTech deals this week include Log my Care, Keyless, Nude etc. We feature an interview with Hans de Back of Finch Capital as part of our new series Scaling Enterprise FinTech, as well as Q&As with Martin Kreitmair of Tangany.
Check out the first set of startups and investors who will be on stage at the 12th FinTech Forum, on 19th Nov. 2020 in Frankfurt and register here http://ftf12.eventbrite.com . If you are a startup- or know one- that is building the next big thing in FinTech, apply to present at the event: email contact (at) fintechforum.de or reach out to us via LinkedIn: Frank Schwab or Samarth Shekhar.
7 Questions with Martin Kreitmair of Tangany
1. Please tell us a bit about yourself, both at work and leisure.
Hi, my name is Martin, living in Munich, and I am one of the founders of Tangany GmbH. Together with my co-founders Christopher and Alexey we have started Tangany in 2017. At Tangany, I am responsible for the administration – namely finance, investor relation, human resources, marketing and controlling. Basically, that reflects my prior experience as director in a Munich tech-marketing agency. I have led a team of 25 employees for about 6 years, which prepared me for my daily tasks perfectly…
http://www.fintechforum.de/7-questions-with-martin-kreitmair-of-tangany-gmbh/
Scaling Enterprise FinTech: with Hans de Back, Finch Capital
Samarth Shekhar Hi Hans, good to meet you. About a year and a half since we last met. Let’s get right on with the interview. Tell us a bit about yourself, both at work as well as at leisure.
Hans de Back Sure. Okay, so my name is Hans de Back. I’m a General Partner at Finch Capital. I am Managing Partner at Finch Capital since 2015. I’m based in Southeast Asia. So we as a FinTech VC we invest in two regions, Europe and Southeast Asia. So I’m responsible for our Southeast Asian activities. Radboud is looking after Europe.
http://www.fintechforum.de/scaling-enterprise-fintech-with-hans-de-back-finch-capital/
Rise of payment service providers – the pointers to the future of the retail banking industry
Whether PayPal, Adyen, stripe, transferwise, PayU, Wirecard or PAYONE – years ago the first startups of the still young FinTech industry, they have now developed into serious financial services companies. The development of the payment industry is already showing where the journey of the retail banking industry is going.
London-based Log my Care secures €660K to digitalise social care
Log my Care, the app-based software for managing social care delivery, has secured new early-stage funding from RYSE Asset Management, the digital health and medtech specialist investment firm, bringing its total raised to around €1.1 million.
London-based Keyless raises €1.8 million to tackle 37% rise in enterprise phishing attacks since COVID-19 with passwordless solution
Today Keyless, a privacy-enhancing biometric authentication and identity management startup, has announced closing a funding round of approximately €1.8 million. The funds will be used to accelerate its mission to end large-scale data breaches caused by compromised login credentials.
Update: Home Savings App Nude Is Set to Close Seedrs Campaign With More Than £3.53 Raised
Nude, a home savings app, is set to close its equity crowdfunding campaign on Seedrs with more than £3.53 million raised from over 780 Seedrs investors. As previously reported, Nude describes itself as a savings account and financial friend for first-time home buyers.
London proptech startup Mashroom raises £4 million to expand end-to-end rental platform
London-based proptech startup Mashroom, which provides an automated lettings and property management service, raised £4 million from the UK government’s Future Fund and current investors, none of which are disclosed.
https://tech.eu/brief/mashroom-funding/
New fintech sync. closes £5.5m funding round and launches to early access customers
Open banking-focussed fintech sync. revealed yesterday that it had closed a £5.5m seed and pre-seed round. “More than anything, we need the money for growth. We currently have 31 employees, but we want to see that number closer to 60, or even higher, by the end of the year.”
Austrian regtech platform kompany raises €6 million to expand internationally
Kompany, an Austrian platform for business “know your customer” (KYC) anti-fraud regulations, has raised €6 million led by Fairway Global Investment and Japanese VC Global Brain.
https://tech.eu/brief/kompany-funding/
Copenhagen-based healthtech Practio lands €8.2 million to speed up its international expansion
Danish startup Practio has completed an equity funding round, which, together with loan conversion and debt financing, totals €8.2 million. Practio has developed and deployed a digital healthcare platform, which enables pharmacies to become central points-of-care. Initial Practio services include vaccinations and COVID-19 antibody testing, but the company is planning to roll out broader platform services over time.
Infermedica Raises $10M in Series A Funding
Infermedica, a Wrocław, Poland-based AI health tech startup, raised $10m in Series A funding. The investment will be used for platform R&D to further enhance patient triage and symptom checking features as well as clinical decision support analysis – including intake collection, differential diagnostics and lab test interpretation – and to expand operations in Germany and the US, where Infermedica currently has one office.
http://www.finsmes.com/2020/08/infermedica-raises-10m-in-series-a-funding.html
Fintech Bnext raises USD 13 mln in funding round
Spain-based Bnext, a provider of alternative banking services, has secured USD 13 million in a capital investment round led by its existing investors. Bnext works with an Electronic Money Issuer regulated by the Bank of Spain, offering a card and an account not linked to a bank.
https://thepaypers.com/payments-general/fintech-bnext-raises-usd-13-mln-in-funding-round–1243959
Expert System Raises $29.4M in Funding
Expert System (EXSY:MIL), a Modena, Italy-based artificial intelligence solutions company, raised $29.4m in the latest round of funding. The company also added Colin Matthews, Chief Revenue Officer, and Keith C. Lincoln, Chief Marketing Officer.
http://www.finsmes.com/2020/08/expert-system.html
onetool Raises Seed Funding Round
onetool, a Berlin, Germany-based provider of a license management app, raised a seed funding round of undisclosed amount.
The company intends to use the funds to continue to develop the tool.
http://www.finsmes.com/2020/08/onetool-raises-seed-funding-round.html
Quantum Group acquires London-based fintech Tail
Tail, a start-up that provides cashback solutions to start-ups such as Monzo, Starling and Volopa, has been acquired by London-based fintech incubator Quantum Group.
https://www.siliconrepublic.com/start-ups/quantum-group-acquires-tail-fintech
JobsOhio Announced Partnership with SixThirty
JobsOhio has announced a multi-year partnership with SixThirty, a venture fund that specializes in investing in and scaling up enterprise technology startups. The partnership, SixThirty’s first with a statewide economic development organization, is designed to drive collaboration between startups and corporations, giving startups the resources they need to grow and scale, and incumbents access to leading startups to fuel their competitiveness.
https://www.prnewswire.com/news-releases/jobsohio-announced-partnership-with-sixthirty-301098895.html
Meet us at:
Swiss FinTech Fair, Zürich, 7-8 Sep. 2020 https://www.swissfintechfair.com
EY Startup Academy, Frankfurt, 15 Sep. 2020
https://start-up-initiative.ey.com/en/academy/program
South Summit, Madrid, 6-8 Oct. 2020
https://www.southsummit.co/en/home
FinTech Junction, Tel Aviv, 21-22 Oct. 2020
https://www.fintechjunction.com/annual/
Digital Insurance Agenda, Amsterdam, 28-29 Oct. 2020 https://next.digitalinsuranceagenda.com/dia-amsterdam-2020/want-to-attend/
MoneyConf / WebSummit, Lisbon, 2-5 Nov. 2020 https://websummit.com/moneyconf
12th FinTech Forum, Frankfurt, 19th Nov. 2020 http://www.fintechforum.de/events/
Meet Our Partners:
Heussen https://www.heussen-law.de
Nagarro https://www.nagarro.com/en
Money2020 Europe https://europe.money2020.com
InsurTech Insights https://insurtechinsights.com
Finovate Europe https://informaconnect.com/finovateeurope/
FN FinTech 40 https://www.fnlondon.com