Once the German online payment service provider was more valuable on the stock market than the Deutsche Bank. The supervisory authorities are now considering Wirecard. Which also operates in Switzerland, as the trigger for a conflagration and are stepping in. This has never happened before. The Federal Financial Supervisory Authority…
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The venture capital arms of Google and Salesforce.com Inc. are investing in UK based payment startup GoCardless. Which has raised an additional US $ 75 million to finance its expansion. The financing is headed by Adams Street Partners, GV formerly known as Google Ventures and Salesforce Ventures, GoCardless said in…
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Now let’s take a look at the three startups. That are now the topics of many reports. Mambu US investor Bessemer Venture Partners and existing investors Acton Capital, CommerzVentures, Point Nine Capital and Runa Capital are investing € 30 million in Fintech Mambu. Mambu is a SaaS banking platform. Launched…
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Technological giants such as Amazon, Google, Facebook and Alibaba have an advantage over traditional financial technology companies like fintech. Because they have unlimited user information and capital that allows them to compete strongly and Financial Stability Board. In the analysis Fintech and the structure of the financial services market, the…
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Cryptocurrency companies that do not want to convert their shares to fiat can now pay for legal services with Bitcoin Cash or Bitcoin Core with Atrium. The corporate law firm, which has helped more than 300 startups to raise more than $ 500 million in venture capital, now accepts direct…
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Visa and the French bank Natixis have reached an agreement to create an alliance with which to provide services related to payments to European startups. The objective is to offer services focused on both the issuance of cards and the adoption of the necessary regulations and procedures. At the moment…
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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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There was much negative talk this week over JPMorgan’s launch of JPM Coin. Timo Schlaefer, CEO of Crypto Facilities, for instance, commented that, “JPMorgan continues to get it wrong. Using blockchain to run a closed network is like wearing a designer suit to wash your car”. But that is shortsighted…
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Frankfurt Blockchain startup Agora Innovation secures a high six-digit investment from High-Tech Gründerfonds. High-Tech Gründerfonds is investing a high six-figure sum in the Frankfurt blockchain startup Agora Innovation GmbH. Frankfurt Fintech Agora Innovation develops software for legally compliant financial transactions at Blockchain. Fintech Agora Innovation secures Seed-Investment from High-Tech Gründerfonds…
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One of the emerging fintech startups Europe is increasingly caught in the crossfire. After Revolut received unicorn status after investing $ 250 million a year ago, secured a banking license and set up his own office in Vienna, the British firm is in trouble. About the suspicious transactions Now CFO…
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