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Founded by former N26 employees, Cookies ticks all the right boxes when it comes to payment apps. Read more: techcrunch.com
FinTecSystems, a Munich-based provider of real-time financial data, has closed a Series A round.
Britain's lead as the FinTech hub is still shaky post-Brexit with European countries such as France and Germany vying for the top spot. Read more: www.cryptocoinsnews.com
German regulator Bundeskartellamt has ruled that the country's banking industry is violating competition law. Read more: www.finextra.com
Munich-based Finanzchef24, the first digital insurance broker for entrepreneurs and companies in Germany, has raised €4m in a Grenke Bank-led round. Existing backers venture capital...
Deutsche Bank, Germany's biggest bank, is spending €750 million for its digitisation by 2020. Read more: uk.businessinsider.com
German tech and engineering powerhouse Siemens is to invest $1bn in a new start-up accelerator called Next47 focused on disruptive ideas. Read more: www.siliconrepublic.com
Number26, a mobile banking platform, has raised $40m in its latest financing round, led by Horizons Ventures.