Germany
G+D Named a Winner of Singapore Fintech Festival’s Global CBDC Challenge
The Monetary Authority of Singapore (MAS) announced that Munich-based security technology group Giesecke+Devrient (G+D) was one of the three winners of the Global Central Bank Digital Currency Challenge (Global CBDC Challenge) The challenge was a part of the Singapore Fintech Festival
Read More
German Investment Platform Moonfare Raised US$125 Million Series C
Moonfare, a German-based digital private equity investment platform for individual investors, announced that it has raised US$125 million in Series C funding, led by New York-based global private equity and venture capital firm Insight Partners. The company has raised US$185
Read More
German B2B BNPL Firm Billie Bags US$100 Million From the Likes of Klarna, Tencent
Billie, a Berlin-based “Buy Now, Pay Later” (BNPL) platform for businesses, announced that it has closed a successful Series C funding round of US$100 million, increasing its valuation to US$640 million which has nearly quadrupled since the last funding round.
Read More
8 Fast-Growing Fintech Startups from Berlin to Watch
Boasting one of the densest network of startups, deepest pools of experienced talent and some of the world’s most sophisticated investors, Berlin is a major tech powerhouse and one of the world’s largest fintech hubs in the world. The city
Read More
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
Read More
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
Read More
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
Read More
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
Read More
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
Read More
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”,
Read More