Investments in German finance technology start-ups are declining. In other countries, mega-deals inspire the industry. The account providers Kontist and Penta were pleased with strong financial injections, the credit brokerage Smava collected a whopping 54 million euros and the smartphone bank N26 even reached unicorn status: Many German fintechs were…
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Authorities of the Inter-American Development Bank, private entities and the Economic Cabinet today launched the Technological Innovation Congress for Financial Services (Fintech). The event is organized by the IDB, has the sponsorship of the Central Bank of Honduras, Banco Atlántida, the Honduran Association of Banking Institutions (Ahiba), the National Commission…
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The first conclusion, shared by the executives and managers of the means of payment interviewed, is that even today nothing is written about the success of the new payment solutions. Each country has a context and a culture that are key to determining which innovation will have traction to universalize,…
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Following the successful acquisition of German ACON Actienbank, multi-asset fintech group JFD Brokers has now introduced fully commission-free stock trading and has added Dutch equities to its product portfolio. From time immemorial, stock trading has always been a rather expensive treat for traders and investors. The high fees traditionally charged…
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Over the years, some startups really came to the pot of gold at the end of the rainbow. Accel Partners invested $ 14.8 million in a website called “thefacebook.com” in 2005, and received a return of $ 5.6 billion, 378 times its original disbursement. Most of the time, however, new…
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ETFs are securities that track a basket of assets that are proportionately included in the fund’s units. They are considered by some to be a potential Holy Grail in terms of mass introduction of cryptocurrencies as a regulated and passive investment vehicle. New ETF proposal The proposed fund, which is…
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Nogis produces televisions that are considered as monitors due to the lack of broadcast technology and thus are GIS free. Now the company announces the takeover of its previous logistics partner Lalotra. Der Brutkasten spoke to the founders, Thomas Höffinger and Andreas Hackl about the second phase and to what…
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Matt Hougan, global research director of Bitwise Asset Management and president of ETF.com, said most cryptocurrencies would die. During an interview, Hougan said he believes that out of 2000 cryptocurrencies 95 percent of them are unprofitable and will suffer a painful death. And concluded that,”The sooner it happens, the better.”…
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Oliver Holle, CEO of the Vienna VC Speedinvest, announces at a press conference on the upcoming fund Speedinvest that there will be fund raising for startups. Which will be the largest seed fund in Europe, if they manage to raise that. With a target size of 175 million euros, the venture…
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With the Vienna Insurance Group (VIG), Uniqa is the next big insurer in Austria to get in touch with the startup world. For this purpose, VIG has founded its own subsidiary, The Viesure Innovation Center, which moves into the new Co-working Space Talent Garden in Vienna. “Over the next three…
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