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
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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
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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
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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
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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
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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,
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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
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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
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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
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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
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