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.
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.
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).