Tag: Germany

German banking platform solarisBank has raised €26.3m in a Series A funding round after just a year in business. Arvato Financial Solutions and Japanese banking firm SBI Group led the round.

Digital asset management firm LIQID has secured €4.5m in a new round of growth capital from Berliner Volksbank Ventures and existing backers.

Entrepreneurs with no financial services background still build superior FinTech startups to those from traditional finance or banking businesses, according to venture capital firm Earlybird's Christian Nagel.

Berlin-based credit scoring startup bonify has picked up €5.5m in a Series A round led by London-based Mosaic Ventures and Silicon Valley firm Ribbit Capital.

Tax return filing management platform Taxfix has received a €2m seed investment round from Redalpine and Creandum.

Swedish e-commerce payments firm Klarna is buying German payments player BillPay from UK payday lender Wonga. The price of the deal is reportedly around the £60m mark.

Berlin-based banking deposit marketplace Raisin has closed ?30m in a Series C funding round led by US VC Thrive Capital. Ribbit Capital and Index Ventures also participated.

Daimler Financial Services is acquiring electronic payments provider PayCash Europe. The terms of the deal are undisclosed.

Blockchain-based investment platform Neufund has raised ?2m in a Seed round of funding. The investment comes from Atlantic Labs and angel investors.

Bitcoin-based nanopayments solution SatoshiPay has raised £700,000 in a new round led by Blue Star Capital.