Announcing the second set of startups & investors: 11th FinTech Forum (21st Nov. / Frankfurt)
We are proud to announce that BizBot (Norway), iCEIBA (UK), Remipay (Germany) and Trality (Austria) are joining the exciting line-up of startups and investors presenting at the 11th FinTech Forum (21st Nov. 2019 in Frankfurt). We are also pleased to have leading early stage investors from G+D Ventures, Capnamic Ventures and SeedX.LI on stage covering the latest trends in European FinTech & InsurTech.
Munich-based digital wealth manager Scalable Capital raises €25 million
Munich-based digital wealth manager Scalable Capital has received €25 million in a Series C funding round, bringing the total amount raised by the startup to €66 million. The funding comes from the existing shareholders – BlackRock, HV Holtzbrinck Ventures, and Tengelmann Ventures.
Congratulations to Scalable Capital, who presented at Fintech Forum On Tour / InvestTech (2015, London), FTF On Tour | Robo Advice (2016, Berlin) and FTF On Tour | InvestTech2 (2017, London).
Penta, the German business banking startup, raises €8M additional funding
Penta, the business banking provider for small and medium-sized enterprises (SMEs) that was recently acquired by fintech company builder Finleap, has raised “over” €8 million in new funding.The round is led by HV Holtzbrinck Ventures. Also participating is Finleap, alongside Fabrick, the Italian platform for open banking and fintech services, which is another of Penta’s existing shareholders.
https://techcrunch.com/2019/08/05/penta-hv/
7 Questions with Christian Knott, Capnamic Ventures
1. Please tell us a bit about yourself, both at work and leisure.
Well, I am the typical business student, did my bachelor in Cologne, Master in Leipzig. Worked briefly for the European Commission but that was not my hometurf. Started working in Venture Capital in 2010 and am with Capnamic for 5.5 years now. Since 2018, I am partner…
http://www.fintechforum.de/7-questions-with-christian-knott-capnamic-ventures/
Christian is among the leading early-stage investors covering European FinTech innovation areas and investment trends at the 11th FinTech Forum, 21st Nov. 2019 in Frankfurt: https://ftf11.eventbrite.com
7 Questions with Ambre Soubiran, Kaiko
1. Please tell us a bit about yourself, both at work and leisure.
I am the CEO of Kaiko, an enterprise-grade market data provider in the blockchain-based digital assets industry. Prior to joining Kaiko, I spent eight years at HSBC in London and Paris, structuring equity derivatives and equity-based financing solutions (first in Global Markets, then in the Equity Capital Markets division). I have a passion for world-changing technology, have personally invested, early on, in 3D printing, AgTech and Blockchain technologies.
http://www.fintechforum.de/7-questions-with…e-soubiran-kaiko/
SafetyWing Secures $3.5M in Seed Funding
SafetyWing, an Oslo, Norway-based startup that offers medical insurance for digital nomads, raised $3.5m in seed funding.
The round was led by byFounders, with participation from Credit Ease Fintech Fund and DG Incubation.
http://www.finsmes.com/2019/08/safetywing-secures-3-5m-in-seed-funding.html
Stockholm-based fintech scale-up Qvalia raises additional €1.2 million to automate finance processes
Qvalia, a Stockholm, Sweden-based financial technology company, has received an investment of €1.2 million from Investment AB Spiltan. The fresh capital will be used to accelerate the development and simplify the onboarding of new customers. Qvalia offers a software platform for finance process automation.
KKR to acquire majority stake in German fintech heidelpay from AnaCap
heidelpay Group (“heidelpay”) and its majority shareholder AnaCap Financial Partners (“AnaCap”), a European financial services specialist investor, have today reached an agreement on the terms of an investment from KKR, a leading global investment firm. KKR will acquire a majority shareholding in the company, with Mirko Hüllemann, founder and CEO of heidelpay, and other key managers remaining as long-term shareholders.
Allianz introduces Pay & Protect app for mobile payments
German insurer group Allianz has introduces its Allianz Pay & Protect app for mobile payments in cooperation with Apple Pay. The service provides a virtual Visa card so users can take advantage of mobile payments without having to add a bank account.
https://www.telecompaper.com/news/allianz-introduces-pay-and-protect-app-for-mobile-payments–1303853
Auxmoney, Creditshelf, Funding Circle and Kapilendo found the Association of German Credit Platforms
Die vier nach eigenen Angaben größten Kreditplattformen in Deutschland haben einen gemeinsamen Branchenverband gegründet und vereinbaren erstmals verbindliche Standards für die Kreditfinanzierung über Online-Plattformen. Sie wollen damit der Branche eine gemeinsame Stimme geben und die Zusammenarbeit untereinander fördern.
Horváth & Partners and FinnoConsult are working together with tech startup COMECO to develop a new digital ecosystem platform for lifestyle banking
Knapp ein Jahr lang hat das Team von COMECO gemeinsam mit einem Expertenteam von Horváth & Partners, FInnoConsult, LHBS und BGK in Stuttgart geplant, getüftelt und entwickelt. Jetzt wird der Vorhang gelüftet: COMECO steht für COMmunity ECOsystem. Das Startup hat das Ziel, bis 2025 mit seinem Portfolio ein führendes Ökosystem im europäischen Raum aufzubauen, das auf Online-Banking basiert. Nun kündigt das Unternehmen den Start seiner digitalen Plattform an, die Online-Banking und Commerce zum Lifestyle-Banking verbindet. Dabei werden Finanzdienstleister mit Produkt- und Dienstleistungsanbietern sowie mit Endkunden vernetzt.
https://blog.finnoconsult.at/2019/08/07-comeco-digital-ocosystem
The fintech dream threatens to burst
Die Ambitionen sind groß, die Zahlen jedoch ernüchternd. Ausgerechnet am Finanzplatz Frankfurt kommen die Hoffnungsträger einer ganzen Branche nicht richtig in die Gänge. Der Kunstbegriff Fintechs wurde für Start-ups geschaffen, denen nichts Geringeres zugetraut wurde, als die Geldbranche zu verändern und zugleich die Finanzszene der Stadt mit ihren mehr als 60.000 Beschäftigten mit Hilfe neuer Geschäftsmodelle und Technologien in die Zukunft zu führen. Doch mittlerweile scheint die Euphorie verflogen. Denn die nackten Zahlen sprechen dafür, dass der kühne Traum von der Fintech-Hauptstadt zu zerplatzen droht.
Apply for PitchIt @LendIT FinTech Europe: 26-27 Sep. in London
LendIt Fintech Europe is the Leading Event in Financial Services Innovation, expected to attract 1,200+ fintechs, banks and investors from Europe’s most influential companies to learn, network and do business. Over 2,000 1:1 meetings and 50 hot topic panel sessions around Digital Banking, Lending Innovations, Cutting Edge in Fintech, and SpendIt at LendIt. Startups may apply to PitchIt, LendIt’s startup competition here. Qualified bankers and investors can apply for a complimentary pass here or check out our sponsorship options. Discount code for FinTech Forum members: FINSIX15%.
Meet us at:
Discover Global Network Connect, London, 19 Sep. https://events.discoverglobalnetwork.com
Amsterdam Capital Week, Amsterdam, 23-24 Sep. https://www.capitalweek.amsterdam
FinTech.Summit, Bratislava, 25 Sep. https://fintechsummit.sk/2019/en/
LendIT FinTech Europe, London, 26-27 Sep. https://www.lendit.com/europe/2019
Intelligent InsurTech, London, 14 Oct. https://newtonmedia.swoogo.com/insurtech2019
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