Announcing the final line-up of startups: FinTech Forum’s 5th Anniversary Edition
We are pleased to announce the 15 startups selected to present at FinTech Forum’s 5th Anniversary Edition, taking place on 22nd Nov. 2018 at the Airport Club, Frankfurt.
Munich Re buys IoT middleware startup, relayr, in deal worth $300M
Berlin based Internet of Things (IoT) startup relayr, whose middleware platform is geared towards helping industrial companies unlock data insights from their existing machinery and production line kit by linking Internet connected sensors and edge devices to platform controls, has been acquired by insurance group Munich Re in a deal which values the company at $300 million.
https://techcrunch.com/2018/09/04/munich-re-buys-iot-middleware-startup-relayr-in-deal-worth-300m/
Blockchain Tech Startup Fractal Raises Seed Funding
Fractal, a Berlin, Germany-based blockchain technology company which aims to make ICOs compliant and user-friendly, raised a seed funding of undisclosed amount.
Backers included innogy Innovation Hub and coparion.
http://www.finsmes.com/2018/08/blockchain-tech-startup-fractal-raises-seed-funding.html
Fractal is among the startups selected to present at the 10th FinTech Forum/ 5th Anniversary Edition on 22nd Nov. 2018 in Frankfurt. Learn more here.
Earlybird, ABN AMRO Digital Impact Fund and solarisBank invest in CrossLend
CrossLend, ein digitaler Kreditmarktplatz aus Berlin und Luxembourg, hat heute den erfolgreichen Abschluss einer 14-Millionen-Euro-Finanzierungsrunde unter Beteiligung der neuen Investoren Earlybird Venture Capital, ABN AMRO Digital Impact Fund (DIF) und der solarisBank verkündet. Darüber hinaus haben sich auch bestehende Investoren wie Lakestar und der Luxembourg Future Fund erneut an dem Funding beteiligt.
General Atlantic’s Verivox acquires digital broker unit of Getsafe InsurTech
Verivox, the co-owned price comparison site of equity firm General Atlantic, has acquired the insurance broking unit of Getsafe, a German InsurTech start-up backed by Munich Re.
Integrating Getsafe’s technology will allow over 8 million Verivox customers to manage all of their insurance policies on Getsafe’s web or mobile app, the company said.
Verivox added that its price comparison algorithms will then further optimise customers’ portfolios by identifying better deals for car or renter insurance.
7 Questions with Thorsten Terweiden, Invest Hong Kong (InvestHK)
1. Tell us a bit about yourself and your company.
I am the Deputy Head of Fintech at Invest Hong Kong (InvestHK) www.InvestHK.gov.hk and lead on Fintech across Europe out of our UK Office in London. InvestHK is the Hong Kong Government department that promotes the many advantages of Hong Kong as a base to locate a business; and assists overseas enterprises establish and develop their presence in the city. InvestHK has 30 offices around the world, with its head office in Hong Kong.
http://www.fintechforum.de/7-questions-with-thorsten-terweiden-invest-hong-kong-investhk/
Encrypted cloud storage and collaboration company Tresorit secures €11.5M Series B
Tresorit, the Swiss-Hungarian company that provides end-to-end encrypted “file sync and sharing” for businesses, has closed €11.5 million in Series B financing. The round is led by European growth capital investor 3TS Capital Partners, alongside PortfoLion, a Central European venture capital.
https://techcrunch.com/2018/09/04/tresorit-series-b/
Shine grabs $9.3 million to build a bank for freelancers
French startup Shine is raising a $9.3 million (€8 million) Series A round. The company is building an alternative to traditional bank accounts for freelancers working in France.
XAnge is leading today’s round with existing investor Daphni also participating, as well as business angels Gilles Samoun and Ed Zimmerman. The company previously raised $3.3 million (€2.8 million) from Daphni, Kima Ventures and various business angels.
https://techcrunch.com/2018/09/03/shine-grabs-9-3-million-to-build-a-bank-for-freelancers/
SaaS Company Dogu Raises $2.4M in Funding
Dogu, a Trondheim, Norway-based provider of SasS based data visualisation solutions, raised $2.4m in funding. Spring Capital Polaris made the investment.
http://www.finsmes.com/2018/09/dogu-raises-2-4m-in-funding.html
N26 launches N26 Black for freelancers
Challenger bank N26 is launching a premium plan for professional accounts. N26 already had a free plan for freelancers and the self-employed, called N26 Business. N26 Business Black introduces the same perks as N26 Black, but for freelancers and the self-employed.
In addition to regular N26 features, N26 Business Black lets you withdraw money anywhere in the world without any conversion fee. You also get the Allianz insurance package, which includes travel insurance, mobile phone and ATM theft protection and an extended warranty on things you buy.
https://techcrunch.com/2018/09/05/n26-launches-n26-black-for-freelancers/
komuno – digital platform for municipal loans goes live
„komuno“, die digitale Plattform für die Vermittlung von Kommunalkrediten, ist nun live geschaltet. Mit dem Joint Venture der Helaba Digital, der Beteiligungsgesellschaft der Helaba Landesbank Hessen-Thüringen, und der Lucht Probst Associates (LPA) lassen sich Ausschreibungsprozesse für Investitions- sowie Kassenkredite deutlich schneller, effizienter und einfacher abwickeln.
Trustly launches in Germany
Es gibt bereits zahlreiche Möglichkeiten, beim Onlineshopping zu bezahlen. Trotzdem wagt der schwedische Bezahldienst Trustly nun den Sprung nach Deutschland und öffnet ein Büro in Köln. „Wir haben zunehmend deutsche Kunden“, sagte Hans Hoffmann, der für den deutschsprachigen Raum zuständige Manager, dem Handelsblatt. „Um das Geschäft jetzt verstärkt im deutschsprachigen Raum voranzutreiben, brauchen wir eine lokale Präsenz.“
Trustly startet in Deutschland mit zunächst fünf Mitarbeitern, demnächst sollen es zehn sein. Insgesamt arbeiten bei der schwedischen Firma, die in mehreren Ländern aktiv ist, 215 Beschäftigte.
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