Tag: Germany

Digital investment advisor QUIN has reportedly closed its seed round on €1m as it looks to attract millennials to the world of investing.

InfoCert, which claims to the biggest European Certification Authority, has acquired 16.7% of Germany-based digital identity platform Authada.

Another German FinTech giant bites the dust with Monedo filing for bankruptcy after the pressures of Covid-19 became too much for the once celebrated company backed by investors like Peter Thiel and Naspers.

LivFin, an online supply chain and invoice finance solution to small and medium sized businesses in India, has reportedly raised INR 32 crore ($4.7m) in its funding round.

FinTech funding in Germany in H1 declined by 73.3% compared to the opening six months of 2019.

InsurTech startup ELEMENT has bagged an additional €10m for its Series A round, which it initially closed back in 2018.

Claimsforce has reportedly raised €7m in its Series A round, which will help it increase its team globally.

N26 employees have set up a works council despite their employer arguing it would stand "against almost all values we believe in" and filing injunctions to prevent it from coming into existence in what is proving to be a messy affair.

Germany has announced that it is putting €350m ($412m) into launching a federal agency to protect the nation against digital threats.

Deutsche Bank AG has made an investment into German FinTech startup Traxpay, in the hopes of improving its own supply chain finance offering.