Tag: Germany

Deutsche Bank buys 12.5% stake in TrustBills

Troubled German banking giant Deutsche Bank is making an investment in the FinTech space and taking a 12.5% stake in trade receivables marketplace TrustBills.

Real estate crowd investing platform Exporo nabs ?8m

Real estate crowd investing platform Exporo has picked up ?8m in a new round of funding. The investment comes from e.ventures, Holtzbrinck Ventures, Sunstone and BPO Capital.

Interest in InsurTech dwindles in Q1 2017

InsurTech companies are developing technological solutions to revolutionise the insurance industry. Companies such as RiskGenius are working to create more efficient underwriting workflows while...

UK trumps Germany for FinTech investments in Q1 2017

Since 2014 the FinTech industry in Germany has been growing. Figures for Q1 2017 show an increase in funding compared to Q1 last year...

Fidor appoints CFO to head up global expansion plans

Digital banking company Fidor has appointed a new global CFO ahead of its international expansion plans. Brad Whittfield will take on the newly-created role based in Fidor’s Dubai global expansion hub.

Bitcoin-based SME lender Bitbond swipes €5m

Bitcoin peer-to-peer lending platform for SMEs Bitbond has closed €5m in debt financing to fund loans on its platform.

The Naga Group lands €12.5m to grow social trading app SwipeStox

The Naga Group, the company behind social trading app SwipeStox, has picked up €12.5m in a Series A round from Chinese investment fund Fosun.

Disability-focused InsurTech startup Getsurance nabs ?2m

German InsurTech startup Getsurance has picked up ?2m in a Seed round of funding. The investment comes from Rocket Internet founder Alexander Samwer Picus Capital, Postfinance Bank and IBB.

Simplesurance lands Rakuten backing as funding passes €30m

Japanese web giant Rakuten is making another European investment through its $100m FinTech fund backing insurance e-commerce startup Simplesurance.

German banking platform solarisBank swipes €26.3m

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.

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