Tag: Germany
Holvi teams up with SumUp to serve German SMEs
Finish banking service Holvi is partnering with mobile point-of-sale (mPOS) solution SumUp to serve small businesses in Germany.
Allianz hires new CEO for InsurTech unit
German insurance giant Allianz has hired a new CEO for its InsurTech incubator Allianz X. Peter Borchers will join the firm from Deutsche Telekom, where he founded the company’s hub:raum incubator.
German challenger bank Fidor acquired by France’s BPCE
German online bank Fidor Bank has been acquired by Groupe BPCE, France's second-largest banking group. The price of the deal is undisclosed.
InsurTech startup Finanzchef24 raises €4m in VC-backed round
Munich-based Finanzchef24, the first digital insurance broker for entrepreneurs and companies in Germany, has raised €4m in a Grenke Bank-led round.
Allianz picks up stake in Simplesurance
Berlin-based fintech startup Simplesurance has won German insurance group Allianz as new investor.
Smava scoops up $34m for online loans marketplace
Berlin-based lending marketplace Smava has raised $34m in a Series C round of funding. The investment was led by Runa Capital.
German challenger bank Fidor acquired by France’s BPCE
German online bank Fidor Bank has been acquired by Groupe BPCE, Frances second-largest banking group. The price of the deal is undisclosed.
Kreditech pulls in another $11m for data-driven credit scores
Kreditech, a German data analytics startups focused on credit and banking services, is taking on an additional €10m ($11m) for its Series C round.
Cringle reels in €800k in crowdfunding round
German peer-to-peer money transfer app Cringle has surpassed its €400,000 goal to reach a final close of €800,000 on crowdfunding site Companisto.