Tag: Germany
‘Robo advisor’ Scalable Capital is flourishing
The startup only opened to the public in January in Germany but already has 1,600 customers. Read more: uk.businessinsider.com
Contactless POS transactions to approach $500bn
BASINGSTOKE, England, September 21, 2016 /PRNewswire/ -- Contactless POS Terminal Retail Transactions to Approach $500 Billion by 2017. Read more: www.prnewswire.com
Deutsche Bank to back InsurTech startups
Deutsche Bank is joining forces with startup accelerator Axel Springer Plug and Play to back banking and insurance startups with cash and other support. Read more: fintechranking.com
N26 enlists Siri for money transfers
Apple iPhone-toting customers of Berlin-based challenger bank N26 can now pay their friends with a simple voice command to Siri. Read more: www.finextra.com
Clinc launches voice-activated ‘financial genie’
Clinc, the cutting-edge artificial intelligence startup, today announced the launch of “Finie,” the financial genie. Read more: www.finextra.com
Allianz hires new CEO for InsurTech incubator
German insurance giant Allianz has hired a new CEO for its InsurTech incubator Allianz X. Read more: www.fintechroundup
Payworks swipes $4.5m for payments processing
Payments processing firm Payworks has raised $4.5m in a Series A round of funding from Rumford and HW Capital. Existing backer Speedinvest also join the round. Read more: www.fintechroundup.com
Challenger bank Fidor adopts ‘attack formation’
Challenger banks have disrupted the banking sector without actually changing that much to date, , but the acquisition of Fidor Bank by French banking giant BPCE could see real inroads being made. Read more: www.computerweekly.com
Ginmon gains Passion Capital backing for robo-advisor
Ginmon, a Frankfurt-based robo-advisor, has raised a new round of funding led by London VC Passion Capital. The size of the round is undisclosed.
BlockPay announces ICO in association with OpenLedger
Private cryptocurrency payments solutions provider, BlockPay has announced its crowd-based fundraising round through the upcoming ICO (Initial Coin offering). Read more: www.newsbtc.com