A Spanish fintech closes one of the largest rounds of financing in the sector so far. Pagantis, former Digital Origin, has raised 66 million euros from three funds to finance its international expansion. Son Prime Ventures, SPF Investment Management, a recent spin-off of Credit Suisse and Rinkelberg Capital Group. This…
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Usually banks buy fintech companies because of their innovations. For once it is the other way around, this bank should now belong to a fintech. They have been working together for a long time, the Berlin Fintech Raisin and the Frankfurt MHB Bank. Because Raisin operates the fixed-term platform Weltsparen,…
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A Forbes ranking, created in cooperation with the Statista portal, assigns the Challenger Bank N26 top positions in several countries. At the center of the survey on the ranking “The World’s Best Banks 2019” was customer satisfaction. More than 40,000 people in 23 countries were surveyed by Statista for the…
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Where AI says, is not everywhere in it all inclusive. This – not entirely unexpected – result comes from an analysis of the London-based venture capital firm MMC Ventures. Since quite a few entrepreneurs apparently want to ride the hype surrounding Artificial Intelligence, many claim that working with AI does…
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N26 sets new standards within the banking industry when it comes to flexibility in terms of cash withdrawal or deposit. In Austria, in addition to the approximately 8,600 ATMs, the cash desks of the drugstore dm, the supermarkets Billa, Merkur, and Penny are now available. In total, the possibility of…
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The blockchain fintech Agora Innovation from Frankfurt secured its first investment of 750,000 euros in a seed round of financing, announced High-Tech Gründerfonds on 25 February. The semi-state early-stage financier High-Tech Gründerfonds (HTGF) provided the complete sum as the sole investor. Equipped with this start-up capital Agora Innovation wants to…
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The London N26 competitor Revolut wants to drive expansion with local teams in 19 European countries, including Austria. Over the past three months, it has increased from three to four million users. In the medium term alone in this country will be a million. Ambitious goals are one of the…
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Charlotte Hogg, the head of the Visa business in Europe, is the quintessential British establishment. His grandfather, Viscount Hailsham, was first Lord of the Admiralty, his father, Douglas, served as Minister of Agriculture in the Government of John Major, and his mother, Sarah, who has the Baroness treatment, was the…
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The financial sector and the financial and insurance companies with a technological base (“fintech” and “insurtech”) believe that if the creation of the “sandbox” is not approved, Spain will lose the opportunity to become a reference center for testing the most innovative products. This has been assured to Efe the…
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The British fintech will begin its international expansion in Ireland, France, and Germany. Starling Bank, one of the new digital banks operating in the United Kingdom, today announced that it has raised 75 million pounds (85 million euros) in its latest round of financing. Some 60 million come from the…
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