New Funding for Savedroid Boosts Total Capital to More than $22 Million
German startup had picked up funding from investment bank Rhineland-Palatinate and a group of angel investors including Debjit Chaudhuri, founder of Traxpay and former Infosys manager. The amount of the funding was not disclosed (Crunchbase reports €20 million) but savedroid says that the company’s total capital, which includes a million euro seed round, now stands at more than $22 million.
Blockchain Startup Slock.it announces $2m funding Round to build nextgeneration Sharing Econo
Slock.it, known for its IoT + Blockchain solutions, has announced today it has secured $2 million USD in seed funding. Slock.it is building the Universal Sharing Network (USN) project, which aims to revolutionize the sharing economy by enabling both companies and individuals to easily and securely rent, sell or share any IoT connected object.
SONECT attracts PostFinance as lead investor
Swiss fintech start-up SONECT has recently closed their first funding round. The start-up will use the funds to further develop the platform and to roll out the service. Customers will be able to withdraw cash from first stores in April. SONECT’s online platform allows to withdraw cash from any neighbourhood store, restaurant or delivery service by using a smartphone.
cashpresso Raises €2m in Funding
cashpresso, a Vienna, Austria-based provider of a mobile revolving credit line, raised €2m in funding. Backers included new investors Reimann Investors and Dieter von Holtzbrinck Ventures as well as existing investors Speedinvest, Hansi Hansmann and Runtastic founders.
Deutsche Bank invests in Fintech Trust Bills
Die Deutsche Bank beteiligt sich nur sehr selten direkt an innovativen Finanz-Start-ups. Für die Hamburger Firma Trust Bills machen die Frankfurter jetzt eine Ausnahme – und begibt sich damit in Gesellschaft der DZ Bank.
Munich Re leads $45 million investment in ‘insurtech’ startup Trov
HSB Ventures Inc, the venture capital subsidiary of German reinsurer Munich Re, has led a $45 million investment in Trov, a U.S.-based technology startup that provides on-demand insurance.
Meet the leading startups in Investment Management
The second edition of the FTF On Tour | InvestTech event on 28th April in London brings together Europe’s 20 leading startups in the asset & wealth management space together with leading financial institutions and investors. Panel discussions like “The use of Big Data and Artificial Intelligence in the Investment Management industry” and “Digital Wealth Management: A threat to financial markets stability or a pioneer of a more efficient investment culture?” explore emerging themes. Contact info@techfluence.eu or register here
http://ftfinvesttech2.eventbrite.com
Square’s Jack Dorsey is keynoting Money2020 Europe
As the biggest scale, best audience and most engaging industry event in Europe, Money20/20 Europe delivers the most productive days of the entire year. Our speakers are 400+ global industry leaders defining the future of payments and financial services in the context of ‘anytime, anywhere’ connected commerce. This is a chance to see a true game-changer & save €200 w/FINRUM2017.
Kreditech in Kasachstan: Fixer Start und schwerer Abgang
“Einer unserer größten Fehler war zu schnell zu internationalisieren. Wir haben nur vier Wochen gebraucht um den kasachischen Markt zu eröffnen, aber über ein Jahr um den kasachischen Markt wieder zu schließen”, sagt Alexander Graubner-Müller von Kreditech.
Kreditech Appoints Senior Global Consumer Bankers to its Advisory Board
Michael Lenora, former CEO of Vanquis Bank, appointed as Independent Chairman of the Board and Andy Golding, CEO at OneSavings Bank, as Independent Board Member
Wie schwierig ist es, eine digitale Versicherung zu bauen?
Startups wie Ottonova und Element wollen komplett digitale Versicherungen aufbauen, auch andere Teams bemühen sich darum. Doch lohnt sich der Aufwand wirklich?
Kreditech gains microfinance licence in Russia
Kreditech Russia, a subsidiary of the Kreditech Group, has been granted microfinance status by the Central Bank of Russia.
New federal laws enacted in the country have aimed to make the microfinance market more stable and transparent. All alternative lending companies operating in Russia are required to gain the new status. Kreditech Russia will be offering both consumer credit and deposit services.
Twint: Zahlen mit dem Handy bald Standard?
Jetzt steht die neue Twint-App zum Download bereit. Mit der App zum Bezahlen wollen die Schweizer Banken den Markt aufmischen. Das Konsumenten-Portal Verivox hat Twint mit den Konkurrenzdiensten verglichen und diese einem Alltags-Check unterzogen.
orderbird – “ein starkes, familienorientiertes Unternehmen”
“Wir gewinnen mehr als 300 Neukunden pro Monat und verfügen mittlerweile über einen Kundenstamm von mehr als 7.500 Kunden. Wir kennen die Branche, pflegen enge Beziehungen zu unseren Kunden und stehen im Austausch mit führenden Gastronomen”, sagt orderbird-Mitgründer Jakob Schreyer.
Q&A with SatoshiPay’s Chief Executive Officer and Founder Meinhard Benn
CEO and Founder Meinhard Benn (a recent Blue Star Capital PLC investment) caught up with DirectorsTalk for an exclusive interview to discuss what makes their system so special, how it’s used, how they generate revenues, what’s next for the company & how investors can get into SatoshiPay through Blue Star Capital PLC