Tag: Germany
N26 pays €4.5m fine for delays to reporting suspicious activity
Germany digital bank N26 has been issued a €4.5m fine from the Federal Financial Supervisory Authority (BaFin) for its delay in submitting reports around AML.
Investing app Peaks collects €5m in funding as it bolsters position...
Digital investing platform Peaks has reportedly raised €5m in a funding round, which will bolster its presence in the Netherlands and Germany.
WebID secures majority investment from private equity firm
Digital identification technology developer WebID has received a majority investment from AnaCap, a mid-market private equity firm.
Private equity firm sells Utimaco Verwaltungs
Private equity firm EQT has sold Utimaco Verwaltungs, a developer of cybersecurity solution, to alternative asset manager SGT Capital.
Moss extends its Series A, increasing its valuation to $264m
Moss, a financial management platform, has collected $29m in its Series A extension, coming six months after the initial round close.
German FinTechs merge to create business-to-consumer savings juggernaut
German FinTechs Raisin and Deposit Solutions have merged in a move that will see the creation of Raising DS – a new market-leading B2C savings company.
Myos said to raise €25m in funding as it eyes move...
Germany-based Myos has reportedly secured €25m in funding to support its expansion into the UK.
Deutsche Bank bolsters Asia presence with Singapore ESG centre
Deutsche Bank has revealed it is establishing an environmental, social and governance (ESG) Centre of Excellence (COE) in Singapore.
More vigorous action needed on money laundering, BaFin tells Deutsche Bank
German financial regulator BaFin has told banking giant Deutsche Bank it needs to introduce stronger action on money laundering.
InsureQ said to raise €5m in its seed funding round
Germany-based InsruTech startup InsureQ has reportedly collected €5m in its seed round, which will support the expansion of its offering.
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