Tagged: germany

September 12, 2024 @ 6:32 am By Omar Faridi  |  

Landesbank Baden-Württemberg (LBBW), Germany’s largest state bank, has selected Fenergo, the provider of solutions for know your customer (KYC), client lifecycle management (CLM) and transaction monitoring to provide a new cloud-based client onboarding system to enhance its compliance processes. Fenergo will support LBBW’s business in… Read More

September 10, 2024 @ 7:58 am By JD Alois  |  

European tokenization platform Tokeny says it will now connect DINO to work with 21X a DLT (distributed ledger technology) trading and settlement system (DLT TSS). This is the first platform to operate under the new European Union DLT ecosystem. Tokeny’s DINO is an open distribution… Read More

September 9, 2024 @ 3:49 pm By JD Alois  |  

The North American Securities Administrators Association (NASAA) says it has reached a settlement with GSB Gold Standard Corporation AG (GS Partners or GSB Group), a Fintech and banking firm that allegedly solicited more than 800,000 investors around the world to participate in investments including digital… Read More

September 9, 2024 @ 10:31 am By Omar Faridi  |  

Habyt says it has successfully closed on a €40 million funding vehicle in led by Mars Growth Capital, a joint venture of MUFG and Liquidity Group. According to the company, thmoney will be used for Habyt‘s expansion strategy, primarily through targeted acquisitions. Founded in Berlin in 2017, Habyt is… Read More

September 9, 2024 @ 8:17 am By Omar Faridi  |  

In just 11 years, bettervest claims that it has financed 129 sustainable projects across 21 countries, cutting an estimated 2 million+ tons of CO2. As a sustainable crowd-investing platform, they aim to “connect impactful energy projects with investors.” Now they want to “grow together.” bettervest… Read More

September 8, 2024 @ 11:11 pm By Omar Faridi  |  

Siemens has again issued a digital bond in accordance with Germany’s Electronic Securities Act (Gesetz über elektronische Wertpapiere, eWpG). Following the successful issuance of its first digital bond last year, the company is thus continuing to play a key role in “the application of the… Read More

September 3, 2024 @ 6:30 am By Omar Faridi  |  

The first six months of 2024 were challenging for the global fintech market given the high interest rate environment and geopolitical uncertainties. Global investment in fintech fell “from 62.3 billion dollars to 51.9 billion dollars during this period.” While VC investments in the USA and… Read More

August 20, 2024 @ 3:09 pm By JD Alois  |  

bettervest GmbH, a mission-driven online capital formation platform, is raising money on Crowdcube. Based in Germany, bettervest focuses on funding projects in the sustainability sector. According to the offering page, bettervest is looking to raise €200,000 at a pre-money valuation of €6 million. To date,… Read More

August 20, 2024 @ 9:22 am By JD Alois  |  

Upvest and Deutsche Bank have announced a partnership. Under the partnership, Upvest will gain access to the global bank for multiple services. Upvest is a Fintechs in Europe that provides B2B clients with a range of investment opportunities in the areas of principal broking business,… Read More

August 14, 2024 @ 4:28 pm By Omar Faridi  |  

European digital bank N26 announces updates to its management board. After more than two years at N26, Chief Regulatory Officer Jan Stechele will step away from his executive duties “at the end of the third quarter of 2024.” Having been appointed to the N26 Management… Read More

August 13, 2024 @ 6:02 am By Omar Faridi  |  

Amazon (NASDAQ:AMZN) and Santander (NYSE: SAN) have announced a partnership to launch its new Amazon Visa credit card in Germany. The card has no annual fee and does “not require customers to open a new bank account.” Amazon Visa enables customers to earn rewards “while… Read More

August 12, 2024 @ 1:32 pm By JD Alois  |  

Ticombo will work with Mangopay to improve the ticket-selling and buying experience. According to a release,  Mangopay will manage Ticombo’s end-to-end payment flow. Berline-based Ticombo allows event organizers, resellers, and consumers from around the world to sell or resell event tickets. Atle Barlaup, co-founder and… Read More

August 11, 2024 @ 2:21 pm By Omar Faridi  |  

Bitpanda has partnered with YouGov Deutschland GmbH to survey more than 6,000 Europeans from Germany, France, Switzerland, Austria and Italy to take a look at how attitudes towards crypto are changing. Bitpanda says that they know that digital assets “are seeing more adoption across Europe,… Read More

August 5, 2024 @ 8:18 am By Omar Faridi  |  

Global venture capital investment rose to a five-quarter high in the second quarter of 2024, from $75.3 billion in the first quarter to $94.3 billion. This is shown by the latest Venture Pulse 2024 from KPMG. This development is mainly due “to very large investments… Read More

August 1, 2024 @ 9:06 am By Omar Faridi  |  

As announced in June, wefox has continued to implement its exit from the German insurance market as part of the refocusing of its portfolio on profitable market positions of critical size. In this context, wefox Germany Holding GmbH has reportedly “reached an agreement with the… Read More

July 29, 2024 @ 6:18 pm By Omar Faridi  |  

bunch, a Fintech seeking to private markets, has announced the closing of a $15.5 million Series A funding round. The funding was led by FinTech Collective, along with existing investors including, Cherry Ventures and Motive Ventures. Other investors in the round were Broadhaven Ventures and… Read More

July 29, 2024 @ 7:36 am By Omar Faridi  |  

XDC Network, the “enterprise-ready” blockchain for global trade finance and RWAs, is pleased to announce its collaboration with Deutsche Telekom MMS. Deutsche Telekom MMS is a subsidiary of Deutsche Telekom, which is said to be “one of the world’s leading integrated telecommunications companies.” The collaboration… Read More

July 21, 2024 @ 8:11 am By Omar Faridi  |  

It is now possible to pick up a packet of flour or a bottle of wine around the clock – including weekends – in the village of Freckenfeld (Rhineland-Palatinate, Germany). The local village store had been closed since May 2023 and was recently reopened with… Read More

July 20, 2024 @ 2:26 pm By Omar Faridi  |  

JTL-Software GmbH, a German e-commerce solution provider, and the Dutch financial services provider Mollie are entering into a strategic partnership. The long-term partnership is the result of collaboration “on individual projects since August 2023.” It enables integration of Mollie’s payment services “into JTL’s e-commerce solutions… Read More

July 16, 2024 @ 8:17 am By Omar Faridi  |  

lemon.markets has raised an additional €12 million in funding. Led by CommerzVentures, along with participation from Heliad AG and existing investors Creandum, Lakestar, Lightspeed, and System.One, the investment round is said to bring them one step closer to “providing the infrastructure for the next 100… Read More