Tag: Germany

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).

German buy now, pay later platform Mondu has scored $43m in its Series A funding round, which was led by seasoned FinTech investor Valar Ventures.

MarketFinance, which working capital offers UK SMES, has received a £100m debt line from Deutsche Bank to help more SMEs access working capital.

InsurTech unicorn Tractable has established a German subsidiary to expand its businesses in the country.

German FinTech company Moojo has reportedly raised $2m in its pre-seed funding round.

While the US may be leading the way globally in FinTech and FinTech innovation, the European market is proving to be a pacesetter. Two key markets are France and Germany, with both markets in a tight race to be number two.

Moonfare, which offers a digital investment platform for private equity investing, has received $35m in funding from German private equity firm Vitruvian Partners.