The Berlin Fintech N26 wants to become the first mobile global bank, collects investor money and has a value of 2.3 billion euros. German fintech N26, the chosen one Insurer Allianz and China’s Internet giant Tencent have one thing in common: their preference for the German fintech N26. In a…
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Grover The Berlin-based rental commerce startup Grover secures a € 20 million asset-backed financing through the Eiffel Investment Group. The company, a rental entertainment electronics company, was founded in 2015 by Michael Cassau. Customers can use the rental model for tech equipment as an alternative to buying or financing technology.…
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The week starts with many promising news for Berlin startups. Sunshine Smile Lakestar invests for information from deutsche-startups.de 10 million euros in SunshineSmile. The Zahnschienen startup was founded by Peter Baumgart, Constantin Bisanz, Lukas Brosseder and David Khalil. The quartet uses SunshineSmile for invisible cosmetic splints – so-called aligners. The…
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$ 254 billion in venture capital flowed into startups last year – more than ever before. The previous high of 2017 (174.6 billion) was exceeded by almost 50 percent. Thanks to some successful IPOs, the exit volume also rose to a new high of more than $ 300 billion. These…
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There are some exciting trends in the FinTech sector. It becomes clear: There is a mega-topic, which was particularly important in the past year and for which investors had a lot of money left over. 659 million euros for German fintechs The year 2018 was a record year for the…
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The rapid rise of startups and digital-focused businesses not only changes our way of communicating, but has far-reaching implications for the world’s realities. These documentaries show how these can look like, using a few examples. Digital Future – Support for Young Entrepreneurs The report takes a close look at the…
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Here we are not talking about the Robin Hood who takes away the rich people’s money and gives it to the poor. Instead, Robin Hood is a start-up from San Francisco. This FinTech promotes the concept that customers can buy and sell shares without fees. The more than two million…
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Partner banks get out of Paydirekt Paydirekt, the payment system of the German banks, loses the ING Germany, the Hypovereinsbank, the German Santander and other private banks as partners. The aforementioned companies have canceled their shares as of 31 December 2019. Outwardly, it is said that the institutions had disturbed…
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Duty or freestyle? This question is posed by banks in the implementation of PSD2. The possibilities of open banking offer many opportunities for everyone but especially for regional banks. For example, a regional bank in Switzerland. Oliver Dlugosch gave us this contribution. The PSD2 is now in force for a…
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The two-year-old scooter startup Lime has a remarkable financial history: According to a report, it is now worth two billion US dollars. The company raised $ 70 million in early 2018 as part of its financing round. Thus, the total financing in the spring already amounted to 132 million US…
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