Tag: Germany

Payrails, a Berlin-based FinTech firm providing a robust payment operating system for global platforms, announced today its successful fund-raising effort.

Finanzguru, a Frankfurt-based open banking financial advisor, has scored €13m in a funding round headed by SCOR Ventures and PayPal Ventures.

German FinTech investment stats in 2022: • German FinTech investment reached $4.3bn in 2022, a 47% drop from 2021 • FinTech deal activity in Germany dropped...

German finance operating system for SMBs finway has raised €9.2m in a Series A financing raise led by Capital 49.

Germany has appointed Claudia Plattner, the former head of IT systems for the ECB, as head of its national cyber agency.

Germany-based RegTech Hawk AI, which provides AML and fraud prevention technology to banks and payments companies, has secured $17m in its Series B.

German antitrust watchdog the Federal Cartel Office (FCO) has begun an investigation into PayPal to examine whether it is using its power to restrict market competition.

Global wealth management platform FNZ has acquired Fondsdepot Bank, a German platform for trading and custody.

B2B payments company Mondu has extended its Series A funding round by $13m, as it looks to bolster its market growth.

German neobank Ruuky has filed for insolvency, after it was unable to overcome market dynamics and raise additional funding.