Germany

Neobank N26 Secures US$900 Million Series E, Now Valued at US$9 Billion

German neobank N26 announced a record-breaking US$900+ million Series E funding round which increases the company’s valuation to more than US$9 billion. The round was led by renowned New York-based tech investors Third Point Ventures and Coatue Management, and joined

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German Asset Manager DWS Group Acquires Minority Stake in Smart Pension

Smart, a global savings and investments technology platform provider based in London, announced that DWS Group has acquired a minority stake in the firm by joining its £165 million series D funding round. The DWS Group is a German asset

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German Regulator BaFin Grants Third Crypto Custody License to Tangany

Tangany has received a license from the German Federal Financial Supervisory Authority (BaFin) as the third regulated service provider for the custody of digital assets in the country to provide crypto custody business. Furthermore, Tangany plans to apply for further

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German Neo Insurer Getsafe Extends Series B Fundraise to US$93 Million

Getsafe, a digital insurer targeting millennial buyers in Germany and the UK, announced that it has extended its Series B funding round to US$93 million. The neo insurer previously announced in December 2020 that it had secured US$30 million during

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Deutsche Börse to Roll Out Digital Post-trade Platform

Global market infrastructure provider Deutsche Börse plans to launch a regulatory compliant, fully digital post-trade platform called D7, anchored in the recently introduced German digital securities law framework. The new cloud-backed and DLT-ready D7 platform will enable market participants to

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FQX Bags Award at the Fintech Germany Awards 2021

FQX, a Swiss-based provider of electronic promissory note infrastructure to facilitate trade finance and money markets, has won an award at the Fintech Germany Awards 2021. The startup bagged an award for the category “Foreign Entrant into the German Market”,

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Fintech Unicorns Solarisbank and Feedzai Partner for Enhanced Risk Management

Feedzai, an American cloud-based financial risk management platform, and Berlin-based Banking-as-a-Service (BaaS) platform Solarisbank announced a multi-year partnership at Money20/20 Europe. With this new partnership, Solarisbank is leveraging Feedzai’s proprietary technology which enables them to apply an effective risk management which

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AnaCap Completes Acquisition of German eKYC Firm WebID

AnaCap Financial Partners (AnaCap), a specialist mid-market private equity investor in technology enabled financial services, has completed its acquisition of WebID, a German digital identification provider. AnaCap will provide significant growth capital and partner with the founders and existing management

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Paysafe’s Acquisition Spree Continues With Germany’s viafintech

London-based payments platform Paysafe has signed an agreement to acquire German fintech company, viafintech, in an all-cash transaction for an undiclosed sum and will be finalised in the coming months. viafintech, known under the brands of Barzahlen/viacash and viacash, offers

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Revolut Taps BearingPoint RegTech To Meet Regulatory Reporting for Its UK Bank

London-headquartered fintech giant Revolut has extended its partnership with BearingPoint RegTech, a Netherlands-based regtech solution provider, to support its United Kingdom (UK) expansion plans. Revolut will be extending the use of the Abacus360 Banking solution as it faces new regulatory requirements

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