Swiss fintech Advanon closes second funding round, raises 13.5M CHF
Switzerland-based fintech company Advanon announced that it has closed the second round of funding and has raised 13.5 million CHF, Finextra reported.
W&W acquires majority stake in treefin AG
German insurer Wüstenrot & Württembergische or better yet W&W has acquired a majority stake in treefin AG; the mobile-first digital insurance manager launched in 2014. By ‘majority’ think 75% and by ‘deal value’ think it’s a secret.
Investment Corporation of Dubai Buys Significant Stake in Centralway Numbrs
Centralway Numbrs, a leading European banking app, has today announced that the Investment Corporation of Dubai (ICD), the principal investment arm of the government of Dubai, has made a substantial investment to support the company’s future growth plans. ICD belongs to the world’s biggest sovereign wealth funds.
Helvetia: 55 Millionen Fonds für Insurtech Start-ups
Per Anfang 2017 lanciert Helvetia Versicherungen einen eigenen Venture Fund für Investitionen in Start-ups. Verantwortlich hierfür ist das neu geschaffene Ressort Digital Ventures in der Unternehmensentwicklung, die zukünftig von Martin Tschopp geleitet wird.
Erster Robo Advisor für die Immobilienwirtschaft gestartet
Mit propmatch.ch startet der erste Robo Advisor für direkte Immobilienanlagen in der Schweiz. Auf propmatch.ch finden Nutzer neben Informationen zur Makro- und Mikrolage auch die Immobilienpreise in der Nachbarschaft sowie ein innovatives Mikrolage-Rating. Der kostenlose Service richtet sich an Investoren, Bauträger, Makler und sonstige Akteure der Immobilienwirtschaft.
BrickVest backs dedicated political risk indicator for European property
After a year of significant political turmoil and with more to come in the months ahead, it would be good for investors if European property investment risk ratings were given a standalone model, according to BrickVest, the international online real estate investment platform.
German Fintech Platform Raisin Milestone: Surpasses €2 Billion of Investments in Three Years
German fintech platform Raisin announced on Tuesday at the end of 2016, it not only celebrate the 3-year anniversary of its Germany launch but also reached a milestone of €2 billion in invested volume.
Neuer White-Label-Robo-Advisor für Banken: niiio will Hybrid-Modell auf den Markt etablieren
Banken suchen den Schlüssel für die digitale Zukunft, Vermögensverwalter ihren Platz in der FinTech-Welt, Anleger den Ausweg aus den niedrigen Zinsen. Mit einem neuen White-Label-Robo-Advisor will nun niiio auf ein hybrides Angebot setzen.
TRAXPAY AND NORD/LB TO ENTER COOPERATION
Traxpay, pioneer in the automation and optimization of B2B financial transactions, and NORD/LB, one of Germany’s largest wholesale banks with extended expertise in the corporate and structured finance businesses and its subsidiary NORD/LB Luxembourg S.A. Covered Bond Bank, today announced a planned cooperation to support the bank’s digitalization strategy. With Traxpay’s Financing Platform NORD/LB will be able to streamline Supply Chain Financing (SCF) services through a direct plug-in to customers’ ERP systems. They will benefit directly through accelerated response times, transparency, flexibility, and administrative efficiency.
What Facebook’s European payment license could mean for banks
Early in December, Facebook finally unveiled their newly acquired licenses for e-money and payment services out of Ireland. The rumors of Facebook entering the payment space in Europe have been going on ever since it was reported that Facebook applied for a money transfer license a while ago.