Tag: Maximilian Tayenthal
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Bafin Extends Scrutinity Against N26!
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The billion-dollar German-Austrian neobank N26 still has deficits in money laundering prevention. In contrast, co-chief executive Maximilian Tayenthal now declares two other areas to be problem-free.
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N26 Lets Go About 70 Employees To Achieve Profitability In 2024!
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In 2024, Berlin-based Neobank finally wants to be in the black. To achieve this ambitious goal, costs must be reduced. Therefore, the fintech company of Austrian founders Maximilian Tayenthal and Valentin Stalf announced today that about 70 employees would have to leave, corresponding to about 4% of the workforce.
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Munich-Based FinTech Beatvest Secured Seed Funding!
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The Munich-based fintech wealtch accumulation provider Beatvest secured a new investment of €1.3 million. Early-stage VC Neosfer, which belongs to Commerzbank, the Berlin-based joint VC of Axel Springer and Porsche, APX, and Sino AG, an online broker from Düsseldorf, participated in the seed round. N26 founder Maximilian Tayenthal is also…
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Despite Looming Crisis Berlin FinTech Upvest Raises $42 Million!
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Upvest is one of few financial institutions in Europe owning a regulatory license for securities and crypto brokerage. The Berlin-based startup successfully closed a $42 million Series B funding round led by Bessemer Venture Partners with Earlybird, ABN AMRO Ventures, Notion Capital, Partech, 10x Group, Speedinvest, and Maximilian Tayenthal (N26)…
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Berlin-Based Upvest Expands Partnership With ABN Amro
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Berlin-based fintech Upvest is currently one of the most highly regarded companies in the industry. Most recently, it attracted attention as it received a BaFin license allowing it to offer B2B customers investment brokerage and custody services via an API. Now Upvest is deepening its partnership with ABN Amro, which…