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The Berlin-based fintech Ride Capital (website) has received three million euros in fresh capital as part of a financing round. Lea-Sophie Cramer, Verena Pausder, and the professional soccer player and former world champion Mario Goetze participated. Since the launch of Ride Capital in September 2020, around eight million euros have thus flowed into the company.

Bankhaus Scheich and Vienna-based Coinpanion are entering into a partnership in crypto trading. The cooperation is intended to help the Austrian fintech drive its European expansion. Frankfurt-based bank Scheich and its trading platform Tradias will provide operational support to Coinpanion in crypto trading in the future, the companies announced.

Frankfurt-based Fintech Portagon (www.portagon.com) offers software that gives companies access to the private capital market. The Frankfurt-based company does not want to be an adversary but a complement to banks. In a Series A financing round, the startup raised €8.5 million in 2021. Johannes Laub and Jamal El Mallouki launched Portagon in 2015. It currently has more than 300 customers who raised €200 million via the Portagon software.

Nigerian fintech start-up Klasha attracted new investors including American Express Ventures. The FinTech and merchant service provider received a $2.1 million investment as part of a seed round launched last year. One of the new investors is American Express Ventures, the investment arm of American Express. This is the first investment in an African startup. With this, Amex joins Visa and Mastercard, which have been active in Africa's fintech scene since 2018.

In 2020, banking regulators had halted plans for an initial public offering of Alibaba's payment subsidiary, Ant Group. Alibaba and its founder Jack Ma had fallen out of favor with Chinese regulators. Recently, rumors about revived IPO plans spread. However, Ant Group denied such plans and the shares of Alibaba dropped 8%.

The Überseehub (www.ueberseehub.de) develops banking solutions that help make finances easier for people: Users get a transparent overview of their financial situation in just a few minutes. Both products are available banking solutions in which modules from the "fino Cockpit" is a supporting pillar.

The survey "Changing the face of U.K. FinTech: focusing on gender diversity and equality" conducted by EY and Innovate Finance found that 45% of female FinTech founders feel able to raise equity capital, compared to 62% of men. 63% of female respondents believe their gender has influenced how they are perceived professionally, compared to only 27% of men.

According to the #DealMonitor of Deutsche Startups, the German-British FinTech SumUp is about to close a finance round for $400 million at a value of $6.5 billion. The Fintech was founded in 2011 by Daniel Klein, Marc-Alexander Christ, Stefan Jeschonnek, and Jan Deepen. It positions itself as a mobile point-of-sale payment service provider and was most recently valued at between €4 billion and €4.5 billion. However, SumUp is also cutting jobs. Around 100 employees in Brazil have to leave.

The Green Digital Finance Alliance and the Swiss Green Fintech Network, with the Swiss State Secretariat for International Financial Matters (SIF), have published the final version of the world's first green fintech classification. The final report, entitled "Green Fintech Classification", aims to serve as a tool to further mature and stimulate the green fintech market by providing policymakers, investors, and market players with a harmonized approach to the analysis and segmentation of green fintech markets.