Germany

DACH’s Biggest Fintech VC Funding Rounds of 2023

The DACH region, encompassing Germany, Austria and Switzerland, has been experiencing significant growth in its fintech sector, driven by a combination of factors including technological advancements, regulatory support, and increasing consumer demand for digital financial services. This growth has elevated

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Commerzbank Forms New Digital Payment Venture Globalpay

Commerzbank and Global Payments, a leading worldwide provider of payment technology and software solutions, announced a joint venture to offer digital payment solutions to small and medium size business customers across Germany. The new entity, Commerz Globalpay GmbH, is expected

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New Chief Revenue Officer for Boerse Stuttgart Digital

Joaquín Sastre Ibáñez (32) will be joining the management team of Boerse Stuttgart Digital as Chief Revenue Officer as of 1 January 2024. In his role, Sastre Ibáñez is set to oversee the institutional business, strategic partnerships and sales activities

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Worldline Introduces Metaverse Shopping Hub

Worldline has released the Worldline Metaverse Shopping Hub within Spatial, a significant upgrade to its white-label solution for merchants seeking access to the Metaverse. Through this platform extension, online businesses will be able to benefit from major advances in graphical

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Germany’s Payroll Software Startup Lano Lands TX Ventures Funding

In the payroll software sector, the German-based startup Lano has recently secured a substantial investment led by TX Ventures. This new funding, complemented by contributions from existing investors like Atlantic Labs, is earmarked to enhance Lano’s growth and bolster its

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DACH Payment Survey: Contactless Debit Card Preferred, but Cash Is Still King

Cash is the primary form of payment across Europe, being most frequently used in Austria and Germany and least frequently used in Finland. However, the frequency of payment method usage varies greatly between countries and age groups. The characteristic of

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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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