Germany

Paytech Giant Diebold Nixdorf Plans Chapter 11 with Debt Restructuring Agreement

In a significant move towards financial consolidation, payments technology leader Diebold Nixdorf  has declared that it has signed a restructuring agreement with key financial stakeholders. The objective of this strategic decision is to facilitate a comprehensive debt restructuring process, aiming

Read More

Frankfurt University Forms Master in Blockchain & Digital Assets

Frankfurt School of Finance Center and its Blockchain center designed a new four semester long post-experience master program (MSc) last year. The Frankfurt School’s goal is to provide the expert knowledge necessary to students looking to shape and lead blockchain

Read More

Deutsche Börse With 3.9 Billion Euro All-Cash Takeover Offer for SimCorp

Deutsche Börse has announced a binding agreement with SimCorp  in which it will make an all-cash voluntary public takeover offer to acquire all shares of Denmark’s SimCorp A/S, valuing the firm at €3.9 billion. The offer price represents a premium

Read More

Galaxy and DWS Enter Alliance to Develop Exchange Traded Products on Digital Assets

Galaxy Digital Holdings, an USA based financial services and investment manager in the digital assets, and DWS, one of the world’s leading asset managers, have entered into a strategic alliance with the aim of initially developing a comprehensive suite exchange-traded

Read More

Finanzguru Bags €13 Million in Fundraise Led by SCOR Ventures, PayPal

Finanzguru, a German financial advisor enabled by open-banking, announced that it has raised €13 million in a funding round led by new investors SCOR Ventures and PayPal Ventures. This brings its total funds raised to €27 million since its launch

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

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

German Fintech tidely Secures EUR 3.5 Million in Fundraise Led by TX Ventures

tidely, a German-based liquidity management solution provider for SMEs, announced that it has raised EUR 3.5 million in a funding round led by fintech investor TX Ventures. The round was also joined by Bayernkapital. tidely was founded in 2018 by

Read More

Mercedes Drivers Can Now Authenticate Payments With Fingerprint Sensor

Since March, Mercedes-Benz customers in Germany are able to authenticate payments via an in-car fingerprint sensor. With the new digital payment service Mercedes pay+, Mercedes-Benz introduces native in-car payments. With native in-car payments, the vehicle itself now enables biometric two-factor

Read More