Category: Uncategorized
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FinTech Aifinyo AG Now With Company Headquarters In Berlin!
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The headquarters of aifinyo AG is now officially in Berlin. In the German technology and startup hub, the B2B fintech has already had a location in the capital for a long time. Friedrichstrasse in the heart of Berlin, is home to about one-third of all employees. With additional locations in…
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FinTech StartUp Tymit Raised $26 Million In Series A Funding Rund
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Tymit is a credit company that offers traditional credit cards and a “buy-now-pay-later” service. The UK-based FinTech has now closed a $26 million funding round at the beginning of Q4, after successfully raising $5 million earlier in 2019. The round was led by Frasers Group, which operates U.K. retail brands,…
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Germany Tax Fintech Ride Collects Three Million From Well-Known Founders
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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…
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Frankfurt Bank Launches Crypto Cooperation With Vienna-Based Fintech
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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.
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German Portagon Solution Provides Efficient Access To Private Capital Market!
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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…
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American Express Supports Nigerian Fintech Startup Klasha
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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…
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False Rumours About China’s Fintech Giant Ant Group’s Revived IPO Plans!
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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…
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Fintech Überseehub Integrates Fino Contract Recognition
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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.
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EY Survey Finds Striking Gender Gap In UK Fintech Sector!
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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…
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German-British SumUp Cuts Jobs In Brazil While Expecting Fresh Money!
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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…