The BayBG annual balance sheet reports a record for new investments in the 2017/18 financial year. The investor invested a total of 52.3 million euros in 75 companies. In summary, the company’s shareholding amounts to 307 million euros. About BayBG and the fintech world BayBG (Bayerische Beteiligungsgesellschaft mbH) invested more…
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It never gets boring in the fintech world. It is founded, invested and new products are brought to the market. It is sometimes difficult to keep track. From now on, we take over and summarize the most important news of the past month in a compact overview. David buys Goliath:…
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Aschheim, Germany (ots) – Wirecard, the leading global innovation driver for digital financial technology, is partnering with Retailtech Hub, a digital innovation platform initiated by MediaMarktSaturn and the global plug-and-play startup ecosystem. Retailtech Hub connects start-ups, retailers, well-known brands, suppliers and investors with the goal of driving forward-looking innovations in…
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At the beginning of 2019, set the German fintech financing record: the Berlin-based startup N26. A total of 686 million euros of venture capital flowed according to a survey by the consulting firm Barkow Consulting in the first quarter of 2019 to financial startups from the Federal Republic. From January…
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The International Monetary Fund warns that global growth is slowing to its lowest rate since the financial crisis. But while urging financial inclusion, do not expect the IMF to accept Bitcoin in the short term. Lowest economic growth since the financial crisis After making a downward revision, at the lowest…
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In the last decade we have witnessed the evolution of the ventures and how technology has revolutionized the way in which citizens began to consume different financial products and services, opening the door to several platforms and models that help the society. A clear example is the Fintech companies, entities…
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One of the few Spanish financial startups based in London is looking for an alternative to a possible disorderly exit from the United Kingdom in the European Union. The company, owned by several international funds, has applied to the Bank of Spain for its local payment entity license. The objective…
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We continue with our coverage in LendIt Fintech 2019. And this time we will inform you about a panel that was played by George Shapiro, who was elected Executive Director and President of The Interface Financial Group in 2007. He is an international executive with more than 25 years of…
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Modifications to the Fintech Law in Mexico could reduce the participation of some actors in the digital financial market, said Amanda Soto, co-founder and legal director of Play Business. During his participation in the forum “The digital market of the Fintech in Mexico”, he pointed out that some of the…
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Mexico’s development opportunities are enormous and go beyond the economic and political environment it faces, assured the global CEO of International Personal Finance (IPF), Rami Ryhannen. The Estonian executive stressed that Mexico has a very large population to which it is necessary to bring financial services closer, so it maintains…
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