Arrowgrass invests in lending platform Lendico Nach einer Schrumpfkur und mit angepasstem Geschäftsmodell stockt Rockets Lendico nun finanziell auf. 20 Millionen Euro sollen das Wachstum ankurbeln. http://www.gruenderszene.de/allgemein/lendico-arrowgrass Bitcoin-friendly Fidor Bank Expands to the United Kingdom Fidor Bank, the innovative German bank that is bringing Bitcoin and digital fintech to mainstream banking, is now operating in […]
Social trading gets more investment – Ayondo raises CHF 6 million There is an interesting piece of news from ayondo group, the provider of social investment solutions, which illustrates the increased allure of social trading companies for investors. The company announced today that it has received extra CHF 6 million (USD 6.27 million) in funding […]
German Online Loans Platform Smava Raises $16M Here comes some more funding for a European financial tech company specialising in online loans. Germany’s Smava — a peer-to-peer lending platform where investors provide the funds to loan money to borrowers — has raised $16 million in funding led by Phenomen Ventures, along with existing investors Earlybird and Neuhaus Partners. http://techcrunch.com/2015/04/22/german-online-loans-platform-smava-raises-16m/ Peter […]
Number26 Grabs $10.6 Million To Bring Its Bank Of The Future To Everyone It feels like Number26 opened its doors yesterday, but the young startup just raised a $10.6 million Series A round (€10 million) from Peter Thiel’s Valar Ventures, with Daniel S. Aegerter and existing investors Earlybird and Redalpine also participating. http://techcrunch.com/2015/04/16/number26-grabs-10-6-million-to-bring-its-bank-of-the-future-to-everyone/#.4caud5:1736 Kreditech among […]
UBS makes blockchain move Swiss banking giant UBS is to open a technology lab in London to investigate how blockchain technology can be used in financial services. http://www.efinancialnews.com/story/2015-04-02/ubs-opens-london-technology-lab-blockchain-bitcoin Mapping fintech investments in Europe (and the Middle East) Financial News this week published a special issue of its fintech magazine, Fintech News, assessing the opportunities and […]
Kreos Capital injects €5m into Spotcap Kreos Capital has invested €5m in Berlin-based online credit platform Spotcap’s series-B funding round. The fresh capital will be used to finance the company’s lending activities in Spain and the Netherlands, and to expand its operations globally. http://www.unquote.com/dach/official-record/2400928/kreos-capital-injects-eur5m-into-spotcap FN Fintech Focus: Disruptors’ $4trn fortune How much do finance incumbents […]
Online Pawnbroker Valendo / Online-Pfandleihhaus Valendo geht an den Start Der Fintech-Inkubator Finleap startet heute sein neues Startup Valendo: ein Online-Pfandleihhaus. Es soll schnelle Sachwertdarlehen ermöglichen, vor allem für kleinere Unternehmen und Selbstständige, aber auch Privatleute. Damit ist Valendo neben Savedo und Billfront das dritte gelaunchte Finleap-Startup seit dem Start des Inkubators im Dezember 2014. Finleap wurde […]
Samwer slips up as banker / Samwer patzt als Banker Apparently it’s not so easy for Internet companies to attack the banks on their turf. Oliver Samwer, creative destroyer and CEO of Rocket Internet, has a setback now anyway. His lending platform Lendico withdraws from three countries. http://www.faz.net/aktuell/wirtschaft/internetunternehmen-samwer-patzt-als-banker-13469510.html VC firms zero-in on FinTechs / Wagniskapital […]
Lendstar wins funding from DVH Ventures / Lendstar gewinnt DvH Ventures als neuen Investor DvH Ventures, die Beteiligungsgesellschaft der DvH Medien (Verlagsgruppe Handelsblatt, Tagesspiegel Gruppe und Die ZEIT Verlagsgruppe), investiert zusammen mit bestehenden Investoren in das Münchner Start-up Lendstar. Gemeinsam stellen sie dem jungen Unternehmen aus dem Bereich digitaler Finanzdienstleistungen Mittel in siebenstelliger Höhe zur […]
FinLab acquires crowdfunding platform Venturate / Finlab übernimmt Venturate FinLab AG is pleased to announce that it has acquired a majority stake of 60% of Munich-based crowdfunding platform Venturate AG. http://www.dgap.de/dgap/News/corporate/finlab-finlab-acquires-majority-stake-crowdfunding-platform-venturate-ag/?companyID=1507 4th FinTech Forum: line-up of presenting startups announced The startups presenting at the (sold out) 4th FinTech Forum event on 19th March in Frankfurt include a “Financial […]