Tag: Germany

Justhome, a next generation home financing startup, has collected €3.3m in its pre-seed round.

Germany is intending to create a new financial crime authority that would seek to bring together several areas under one umbrella, according to Reuters.

Qonto, a European business finance solution, is set to acquire German FinTech Penta over the next few weeks.

Germany-based Ride Capital, which aims to democratise wealth structuring, has reportedly raised €3m in funding.

The WealthTech market continues to grow at a rapid rate. The wealth management platform market is expected to grow at a 13.8% CAGR to reach $9.18bn by 2028, according to research from Insight Partners. The value of the market in 2021 was $3.71bn.

Berlin-based InsurTech company wefox has closed its Series D funding round on $400m, bringing its valuation to $4.5bn.

Open banking maturity is growing across Europe, with the UK leading the charge for the second consecutive year, research from Yapily claims.

Germany-based investment API developer Upvest has reportedly collected $42m in its Series B funding round.

Canada-based quantum-safe cybersecurity product developer evolutionQ has raised $5.5m in its Series A funding round.

German neobroker Trade Republic has closed a €250m Series C extension round, which puts its valuation at €5bn (up from €4.4bn).