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Tag: Fintech

Fed hesitates with licenses – Fintechs are reversing the US banking industry

The Federal Reserve is reluctant to grant companies a license that would allow them, like banks, direct access to the Fed’s systems. Among the young technology companies that are active in, for example, payments or lending, consumer protection and risk management left much to be desired, is the criticism of…

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The digital bank N26 is already the most valuable fintech in Europe and it is still expanding

N26, a German startup supported by PayPal investor and co-founder Peter Thiel, has raised $ 300 million in a round of Series D financing. The investment places the company’s valuation at around 2,700 million dollars.The financing round takes place only 10 months after the last and will be used to…

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Germany sets the investment record with 4.6 billion euros for Startups in 2018

Germany the startup founding metropolis Founders and start-ups were able to score more heavily in financial terms in 2018. Overall, start-ups in Germany were able to collect the record amount of almost 4.6 billion euros last year, 7 percent more than in the previous year. The number of investments reached…

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