J.P. Morgan to Acquire Aumni for Its VC Investment Analytics Software
J.P. Morgan has inked a deal to acquire Aumni, a U.S.-based investment analytics software provider for the venture capital industry. Financial terms of the transaction were not disclosed and closing is expected in the first half of 2023. Aumni will
Read More
German Fintech Raisin Secures €60 Million Series E
Raisin, a Berlin-based fintech providing savings and investment products, announced that it has raised €60 million in a Series E funding round from a number of new and existing investors including M&G’s Catalyst and Goldman Sachs. With the new investment,
Read More
German Fintech Sector Continued to Grow and Mature in 2022
With nearly 1,000 fintech startups, among which 13 unicorns, a burgeoning startup ecosystem and a supportive regulatory and political landscape, Germany has become one of the world’s top fintech markets and the European Union (EU)’s fintech leader. In 2022, the
Read More
Swiss Payment App TWINT Adds Three New Members to Its Executive Board
Swiss mobile payment app TWINT announced that Jens Plath, Adrian Plattner and Thomas Graf will be joining its Executive Board, effective 1 April 2023 onwards. TWINT said that Plath, Plattner and Graf have played a significant role in the positive
Read More
Digitales Geschäftskonto für KMU’s: Relio erhält Fintech-Lizenz
Relio erhält von der Eidgenössischen Finanzmarktaufsicht (FINMA) die Fintech-Lizenz. Mit der Bewilligung plant das Startup die Lancierung eines digitalen Geschäftskontos für KMU. Mit einer eigens entwickelten Compliance-Technologie richtet sich das Angebot vor allem an anspruchsvolle Firmenkunden. Unabhängig dank eigener FINMA-Lizenz
Read More
Swiss Fintech Study 2022: Fintech Sector Rebounds After 2021 Decline
After a market slump in 2021, the Swiss fintech industry rebounded in 2022, with the number of companies operating in the sector rising, investment increasing, and banking incumbents stepping up their digitalization game, a new report by the Lucerne University
Read More
8 Hot DeFi Startups in Europe to Watch in 2023
Despite slumping markets, the decentralized finance (DeFi) industry continued to grow last year, driven by sustained funding activity and increased user adoption. In 2022, DeFi users growth averaged 44% quarter-over-quarter (QoQ), according to a report by crypto fund HashKey Capital.
Read More
Maerki Baumann’s Clients Can Now Invest in Redalpine’s Venture Capital Fund
Zurich-based private bank Maerki Baumann & Co. announced that it has partnered with Redalpine Venture Partners, a Swiss venture capital firm, to enable its clients to invest in the latter’s venture capital fund. The partnership allows Maerki Baumann’s clients to
Read More
SICTIC Facilitated Close to 70% Of Swiss Early Stage ICT, Fintech Funding Rounds in 2022
The Swiss ICT Investor Club (SICTIC), a non-profit organisation that connects investors to local early stage tech startups, reported that it had facilitated 106 out of the 153 funding rounds for Swiss early-stage startups in the ICT and fintech sectors
Read More
German Fintech Cashlink Closes Series A Led by TX Ventures
Germany-based Cashlink Technologies announced the closing of its mid seven-digit Series A fundraising round led by fintech investor TX Ventures. Details of the fundraise was not disclosed. The round was also joined by Futury Capital, BMH Hessen, business angels as
Read More