Tag: Germany
Credit scoring startup bonify grabs €5.5m
Berlin-based credit scoring startup bonify has picked up €5.5m in a Series A round led by London-based Mosaic Ventures and Silicon Valley firm Ribbit Capital. Read more: www.fintechroundup.com
German investment crowdfunding grew 39% in 2016
Investment crowdfunding grew by 39% during 2016 reaching €63.8m. Still quite small in comparison to some other countries but solid growth none-the-less. Read more: www.crowdfundinsider.com
Spotcap strikes deal and nabs €14m from Heatland Bank
Online small business lender Spotcap has inked a partnership with New Zealand’s Heartland bank and secured €14m in funding. Read more: www.fintechroundup.com
Raisin picks up €30m for deposits marketplace
Berlin-based banking deposit marketplace Raisin has closed €30m in a Series C funding round led by US VC Thrive Capital. Read more: www.fintechroundup.com
FinTech sector needs more regulatory oversight
Financial technology companies require greater oversight because they have the potential to disrupt the banking industry and could threaten financial stability. Read more: www.businessinsider.com
Daimler acquires PayCash Europe to launch Mercedes pay
Daimler Financial Services is acquiring electronic payments provider PayCash Europe. The terms of the deal are undisclosed. Read more: www.fintechroundup.com
SatoshiPay grabs £700,000 for bitcoin micropayments
Bitcoin-based nanopayments solution SatoshiPay has raised £700,000 in a new round led by Blue Star Capital. Read more: www.fintechroundup.com
Neufund pockets €2m for blockchain-based investments
Blockchain-based investment platform Neufund has raised €2m in a Seed round of funding. The investment comes from Atlantic Labs and angel investors. Read more: www.fintechroundup.com
€2bn has been invested over Raisin
German FinTech Raisin has passed €2 billion of investment over its platform three years after launching. Read more: www.uk.businessinsider.com
Wirecard extends collaboration with Rakuten Deutschland
Rakuten Deutschland is expanding its existing collaboration with Wirecard, offering additional payment methods in the process. Read more: www.finextra.com