At a time when many banks are looking to invest in fintech companies, open banking fintech Raisin is taking the road less traveled by buying MHB Bank of Frankfurt. Its longtime service bank. Raisin operates an online marketplace for savings and investments across Europe hoping to grant wider access to…
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German startups in the financial sector have never collected more money in one quarter than between the beginning of January and the end of March this year. The collected venture capital summed up to 686 million euros, according to a recent survey of the consulting firm Barkow Consulting. This is…
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The Fintech sector is in a phase of global expansion, and that is currently one of the most changing markets and that means faster growth. If there is something to be highlighted about these first three months, it is the large amount of money that is being moved to finance…
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A total of 686 million euros of venture capital flowed. This is according to a survey by the consulting firm Barkow Consulting. Which is in the first quarter of 2019 to financial startups from the Federal Republic. From January to March, German fintechs have collected so much money as never…
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The Spanish fintech ecosystem recognizes that in the last two years Santander has given a boost to its digital area that has put it ahead of the traditional BBVA leader. Santander has given a big boost to its digital banking approach in the last two years. The company has signed…
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Fintechs worldwide response is very well received. In Europe as well, investment volume grew considerably in 2018 compared to the previous year, according to a study by consulting firm KPMG. While the business models of a few successful German fintechs continued to attract the attention of investors. The total volume…
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May we get rid of two or three sentences on the background of the acquisition of the Frankfurt MHB bank by the Berlin-based startup Raisin (“World Savings”)? Yes? We may? Great! Well, that was a nice story, as it was read yesterday in various media, so that Raisin initially worried…
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TTTech Co-investor from Frankfurt invests another 20 million euros in the Viennese company TTTech, developer of Ethernet technologies, and increases its previous investment. The company was founded in 1998 by Stefan Poledna and Georg Kopetz. So far, the co-investor group has invested 12.6 million in the capital increase, which totaled…
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The Fintech Raisin, which operates in Germany under the brand WeltSparen, has taken over the Frankfurt MHB Bank. With a financing round of over 100 million euros in the back it can be better shopping: Raisin invested in the acquisition of the Frankfurt MHB Bank, which has previously accompanied the…
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The operator of the online interest portal Weltsparen, Raisin, buys the Frankfurt MHB bank. The aim is to improve the offer for end customers and partners such as banks and Fintechs on both sides and expand, said Raisin boss Tamaz Georgadze the news agency Reuters. About the purchase price had…
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