Germany

Baloise’s Insurtech FRIDAY Makes 2 New Hires to Strengthen Its Executive Team

FRIDAY, a Berlin-based insurtech which is a Baloise subsidiary, has strengthened its management team by hiring Nate Glissmeyer as its Chief Platform Officer and Robin Latz to head the management of its German office. The two new hires are expected

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Mambu Pushes Valuation to Over €1.7 Billion With €110 Million Investment

Berlin-based SaaS banking platform Mambu has raised €110 million during its latest funding round, increasing its valuation to over €1.7 billion. The round was led by venture firm TCV, whose investments include Netflix, RELEX, Spotify, and WorldRemit. Mambu also received

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Bankhaus von der Heydt Ties up With Bitbond to Issue Euro Stablecoin on Stellar Network

Bankhaus von der Heydt (BVDH) which is one of Europe’s oldest banks, has issued a Euro stablecoin (EURB) on the Stellar network with the collaboration of Bitbond, a German tokenisation and digital asset custody technology provider. The EURB is the

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German Startup IDnow Raises €15 Million in Funding From European Investment Bank

The European Investment Bank (EIB) will provide €15 million of growth funding to the German identity verification platform IDnow. IDnow provides machine-learning technology for its Identity Verification-as-a-Service platform. This enables companies to acquire customers and manage transactions faster and easier,

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30 Mio Dollars Series-B für Deutsches Insurtech

Der digitale Versicherer Getsafe gab diese Woche seine Series B-Finanzierung in Höhe von 30 Millionen US-Dollar bekannt. Angeführt wird die Finanzierungsrunde von Swiss Re’s digitaler Plattform iptiQ. Bestehende Investoren, darunter Earlybird, CommerzVentures, btov Partners und Capnamic Ventures, beteiligten sich ebenfalls

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German Challenger Bank Vivid Money Raises 15 Million Euro in Funding

Vivid Money, a Berlin-based challenger bank, raised 15 million Euro during its Series A funding round for expansion and product development, reaching a valuation of 100 million Euro. Vivid Money launched its financial platform in 2020 in Germany, offering a

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Deutsche Kreditbank startet mit vollautomatisiertem Online-Konsumentenkredit

In Echtzeit kann man nun bei der Deutschen Kreditbank (DKB)  einen automatisierten Kreditentscheidung fällen. Der Sofortkredit bei der DKB startet ab Anfang November mit einem effektiven Jahreszinssatz von 3,19 Prozent bei einem Nettodarlehensbetrag zwischen 2.500 und 30.000 Euro für Neukunden

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Boerse Stuttgart Digital Exchange Now Trades Ethereum, Litecoin and XRP Against Euro

Boerse Stuttgart Digital Exchange (BSDEX), Germany’s first regulated trading venue for digital assets launched in September, has now introduced trading of Ethereum, Litecoin and XRP against Euro. Another new feature is the possibility to transfer Ethereum, Litecoin and XRP from

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eKYC Landscape in Austria and Germany

Like many countries in Europe, Germany and Austria are looking to adopt digital KYC in order to streamline the customer onboarding process. A digital onboarding process allows banks and financial institutions to offer a good first impression to customers. This

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Fintech Germany Award Announces Its Winners for 2020

The Fintech Germany Award has announced its list of winners for the year 2020 where outstanding fintechs from various categories are recognized and honored by their peers. The award was organized by Frankfurt Main Finance, TechFluence and the WM Group/Börsen-Zeitung

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