News

Newsletter: 10 Dec 2018

Regtech startup Alyne raises €3 million to help organisations manage their data privacy and compliance

Regtech startup Alyne has raised €3 million in a Series A financing round led by Alstin Capital, with participation from Hannover Digital Investments GmbH. Founded by Karl Viertel, Stefan Sulistyo, Manuel Reil, and Matthias Danner in 2015, Alyne is headquartered in Munich, with offices in London and Melbourne.

https://www.eu-startups.com/2018/11/alyne-raises-funding/

Congratulations to Alyne, who presented at the 8th FinTech Forum on 10th Nov. 2016, am Main!

83 million euros for Berlin startup RatePay

Das Berliner Payment-Fintech RatePay hat sich von der NIBC Bank eine Debt-Finanzierung in Höhe von 83 Millionen Euro gesichert. Das Berliner Fintech-Startup wurde 2009 von Miriam Wohlfarth, Alexis Giesen und Michael Röbbecke gegründet. “Wir wollen weiter wachsen und zum Top-Anbieter für ‚Deferred Payments‘ in Europa werden. Um das exponentielle Wachstum zu stützen, benötigen wir einen starken Finanzierungspartner an unserer Seite. Wir sind froh, diesen mit der NIBC gefunden zu haben”, so Jesper Wahrendorf, CEO von RatePay.

https://www.deutsche-startups.de/2018/11/29/dealmonitor-29-11-2018/

 

7 Questions with Andreas Franke, Loanboox GmbH

  1. Please tell us a bit about yourself, both at work and leisure.

As managing director of Loanboox GmbH, I am responsible for running operations in the German market. Previously I worked in the internal consulting department of Zurich Insurance Group. During this time, I had the opportunity to get experience in the areas of finance, business transformation and operational improvements in various countries. Among others, I have worked in Switzerland, Russia, the United States and Brazil. At the time, it was the perfect opportunity to combine my private enthusiasm for traveling with my job. That is also the case today at Loanboox. I am traveling constantly to meet clients and I work in close interactions with my colleagues in the 4 European countries where Loanboox is active today.

http://www.fintechforum.de/7-questions-with-andreas-franke-loanboox-gmbh/

Berlin-based insurtech startup ELEMENT raises €23 million Series A to expand its range of white-labelled digital products

Berlin-based ELEMENT Insurance, a white-label product factory for insurance, has successfully completed its Series A financing round, raising €23 million in new capital. Among the investors are SBI Investment, SBI Insurance Group, Engel & Völkers Capital, and the Spanish insurtech investor Alma Mundi Ventures. Investment was also secured from SIGNAL IDUNA and company builder finleap, which recently raised €41.5 million, and previously backed ELEMENT in the seed financing round.

https://www.eu-startups.com/2018/11/element-raises-investment/

$22.5 Million for Vienna Startup Omni:us

Target Global, MMC Ventures, Talis Capital und die bestehenden Investoren wie Unbound und Anthemis investieren 22,5 Million US-Dollar Risikokapital in das Wiener AI-Startup Omni:us. Das Unternehmen von Gründerin Sofie Quidenus-Wahlforss, die vom US-Magazin Forbes dieses Jahr unter die “50 Women in Tech Europe” gewählt wurde, plant noch dieses Jahr eine Niederlassung in den USA zu eröffnen, um von dort aus den US-Markt zu bearbeiten.

https://www.deutsche-startups.de/2018/11/27/dealmonitor-27-11-2018/

Sentryo Raises €10M in Series A Financing

Sentryo, a Lyon, France-based provider of a cybersecurity software platform, raised 10m ($11.3m) in series A financing. The round was raised in two stages with four new investors: Sopra Steria and BNP Paribas Développement in the first half of 2018 and Omnes and Alliance Entreprendre in November 2018. Investors from the first seed round: Breed Reply, ACE Management, and Kreaxi also participated in this series. To date, Sentryo has raised 13M€.

http://www.finsmes.com/2018/12/sentryo-raises-e10m-in-series-a-financing.html

French startup Woleet raises €1 million to secure transactions with blockchain technology

Paris-based blockchain startup Woleet has already won over several major companies, including Kering, EDF and Servier Laboratories with its blockchain data security solution. The startup is also targeting public players, and has started a collaboration with the government of the Bretagne region. Founded in 2015, Woleet has just closed its first round of €1 million from OneRagtime, 50Partners, and Bpifrance. With the new funding, it aims to accelerate its commercial development and to develop new features that will enrich its signature proof solution.

https://www.eu-startups.com/2018/11/french-startup-woleet-raises-e1-million-to-secure-transactions-with-blockchain-technology/

yabeo sells shares in finleap

yabeo veräußert Anteile an finleap und plant weitere Frühphasen-Investments München (ots) – yabeo, Frühphaseninvestor aus München, verkauft im Zuge der jüngsten Finanzierungsrunde mit Ping An seine Anteile am Company Builder finleap. yabeo hat als Gründungsinvestor seit dem Einstieg 2015 die Entwicklung von finleap zu Europas größtem FinTech Company Builder mit 16 Unternehmen und rund 700 Mitarbeitern maßgeblich mit gestaltet. Über einzelne Primary Investments bleibt yabeo weiter direkt an Unternehmen aus dem finleap-Kreis beteiligt. Dazu gehört die solarisBank, PAIR Finance und CLARK. In diese Unternehmen ist yabeo jeweils als Gründungs- beziehungsweise Seed-Investor eingestiegen.

https://www.wallstreet-online.de/nachricht/11066123-ots-yabeo-yabeo-veraeussert-anteile-finleap-plant

Commerzbank & Fraunhofer IML set up trade finance innovation lab

Commerzbank has established a trade finance innovation lab at Dortmund based Fraunhofer IML (Institute for Material Flow and Logistics) for cross-sector collaboration on logistics, supply chain management, supply chain finance and digital innovations. The innovation lab is expected to develop new payment and finance solutions for trade finance business based on new-age technologies such as distributed ledger technology (DLT), smart contracts, and internet of things (IoT). Setting up of general framework and standards for digitalisation of international supply chain management and the related financing tools are other key objectives of the initiative.

https://ibsintelligence.com/ibs-journal/ibs-news/commerzbank-trade-finance-innovation-lab/

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