Germany
Germany’s Biggest Ever VC Startup Growth Fund of Fund Aims for 1 Billion EUR
The VC fund of funds “Wachstumsfonds Deutschland” (Growth Fund Germany) has reached its EUR 1 billion target volume. A key building block of the Future Fund of the German Federal Government has thus been completed. The Wachstumsfonds Deutschland one of
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German Online Trading Platform Trade Republic Receives Full Banking License From European Central Bank
Trade Republic has obtained a full banking license from the European Central Bank (ECB). The additional license allows Europe’s largest savings platform to expand its product offering in the areas of investing and saving. Furthermore, corporate governance structures will be
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Scalable Capital Raises €60M Growth Financing
Scalable Capital, a leading digital investment platform based in Germany, announced the closing of a 60 million euro equity financing. This extension of the series E round was led by European venture capital firm Balderton Capital with participation from HV
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6 Green Fintech Startups from the DACH Region to Follow in 2024
In 2023, European green fintech startups continued to see traction from investors, securing about EUR 144 million across 24 deals in the first four months of the year, a Sifted report claims. The figure suggests a slowdown in funding activity,
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7 Young Fintech Startups from the DACH Region to Keep an Eye on
Fintech Innovators, a community of fintech and insurtech innovators from Germany, Switzerland and Austria (DACH), has released its annual report featuring the most exciting and fastest-growing fintech and insurtech companies across the DACH region. Produced in collaboration with robo-advisory platform
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N26 Goes Stocks and ETF Trading
N26‘s primary strategic goal remains sustainable and profitable growth. To achieve this, the company continues to position customer activity and daily account usage at the core of its product strategy across its portfolio of spending, saving, investment and credit features.
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Commerzbank Goes AI Banking via Avatars Powered by Microsoft Azure
Commerzbank launched a project to realize a new customer experience with an AI Banking Avatar as mobile first approach. The banking avatar is a virtual assistant in form of a digitalized person that interacts with customers in natural language. Customers
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Commerzbank Granted Crypto Custody Licence
Commerzbank is the first German full-service bank to be granted the Crypto Custody Licence pursuant to Article 1 Section 1a Sentence 1 No 6 German Banking Act (KWG). The licence will enable the Bank to build up a broad range
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Sebastian Vetter Exits Payoneer, Joins Truelayer as Germany Country Manager
TrueLayer, a prominent player in Europe’s open banking payments sector, has recently appointed Sebastian Vetter as its new Country Manager for Germany. This strategic move aims to strengthen TrueLayer’s presence in the German market, which is increasingly adopting open banking
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ETF Studie aus Deutschland zeigt Potential für Robo-Advisors
Der Hype um börsengehandelte Indexfonds (ETFs) nimmt kein Ende, wie aus einer neuen ETF Studie von Business2Community hervorgeht. Allen voran in Deutschland scheinen sich ETFs grosser Beliebtheit zu erfreuen. So haben die Privatanleger in der Bundesrepublik 135 Milliarden Euro in
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