N26 Raises $300M in Series D Funding
N26, a Berlin, Germany-based mobile bank, raised $300m in Series D funding.
The round, which valued the company at $2.7bn, was led by Insight Venture Partners, with participation from GIC, Singapore’s sovereign wealth fund, and several existing investors. To date, N26 has raised more than $500m from well known investors including Tencent, Allianz X, Peter Thiel’s Valar Ventures, Li Ka-Shing’s Horizons Ventures, Earlybird Venture Capital, Redalpine Ventures and Greyhound Capital.
http://www.finsmes.com/2019/01/n26-raises-300m-in-series-d-funding.html
Currency.com Raises $8m in Series A Funding
Currency.com, a Minsk, Belarus – based next-generation blockchain technology company, raised $8m in Series A funding. Backers included Larnabel Ventures and VP Capital. Led by Ivan Gowan, CEO, the company has launched its fully-functional trading platform for tokenized securities, which allows investors to trade, invest in, and benefit from exposure to, real-world financial instruments by directly using cryptocurrencies.
http://www.finsmes.com/2019/01/currency-com-raises-8m-in-series-a-funding.html
Reykjavik-based Authenteq receives €4.4 million for its Blockchain-based identity verification solution
Each day, we are made to prove our identity using codes, passwords, fingerprints, faces, or two-factor authentication. Reykjavik and Berlin-based Authenteq provides a cost-effective way for users to verify their identity without entering any data, while protecting their privacy using Blockchain technology.
Authenteq, which offers a 60-second identity verification process – the fastest onboarding process of an identity verification solution on the market – has now closed a Series A funding round of €4.4 million from Capital300 and Draper Associates.
7 Questions with Spiros Margaris, Margaris Ventures
1. Tell us a bit about yourself, your background and leisure.
My name is Spiros Margaris, and I am a venture capitalist (VC) and the founder of Margaris Ventures. I have been in the investment business for quite some time, with more than 25 years of international experience in investment management/research and startups. In my role as a VC, I also act as an advisor to my globally spread FinTech and InsurTech startup portfolio. I am the first international influencer to achieve ‘The Triple Crown’ of influencer rankings by being ranked the global No. 1 FinTech, artificial intelligence (AI) and blockchain influencer by Onalytica in 2018. I am very fortunate to regularly appear in the top three positions of the established global industry influencer rankings due to the generous support of great FinTech industry friends and participants. In 2017, I had the opportunity to give a speech at the TEDxAcademy Talk. In addition, for the enterprise software vendor SAP, I wrote an AI white paper, ‘Machine learning in financial services: Changing the rules of the game’.
http://www.fintechforum.de/7-questions-with-spiros-margaris-margaris-ventures/
Yourpay Raises €3M in Funding
Yourpay, a near Copenhagen, Denmark-based fintech startup, raised €3m in funding. Backers included Nordica Capital Partners and Artha Kapitalforvaltning…Founded in 2014 by Mathias Gajhede, YourPay is a fintech company that provides businesses with a range of payment solutions, including conversion-optimized payment flows for e-commerce and terminal solutions for stores to receive credit card payments.
http://www.finsmes.com/2019/01/yourpay-raises-e3m-in-funding.html
Icelandic crypto fintech startup Monerium raises $2 million
Reykjavik-headquartered fintech startup Monerium has raised $2 million in a seed funding round led by Crowberry Capital, with the participation from ConsenSys and Hof Holdings. The company has also applied to become a licensed financial services company in the European Economic Area (EEA). After the registration process is over, Monerium plans to offer fiat money services and issue e-money on blockchains tied to fiat currencies.
https://tech.eu/brief/icelandic-crypto-fintech-startup-monerium-raises-2-million/
Belgian fintech Digiteal raises €1 million for its e-invoicing solutions
Belgian fintech startup Digiteal SA has just announced that it raised €832k in equity funding, along with a €200k loan for a total of over €1 million, which it plans to use to scale across Europe. Founded in 2015, Digiteal offers every European a personal assistant to manage their e-invoices and online payments.
Linedata acquires French start-up Loansquare
According to Linedata, the Loansquare platform is a solution for setting up and managing commercial loans between borrowers and financial institutions.
This comprises a borrower portal to let lenders manage their loan portfolio, and a servicing portal for managing financial flows.
https://www.bankingtech.com/2019/01/linedata-acquires-french-start-up-loansquare/
Wirecard takes over payment processing for online grocery shop from real
Real ist bereits seit 2017 Kunde von Wirecard im Bereich Kreditkartenzahlungen auf dem Online-Marktplatz von real, einer digitalen Handelsplattform für eigene Produkte und externe Handelsunternehmen. Wirecard baut die Zusammenarbeit mit der Hypermarkt-Kette real nun um Omnichannel-Zahlungen aus. Dabei übernimmt Wirecard nun auch die Zahlungsabwicklung für den Online-Lebensmittelshop von real.
In Crisis: Varengold Bank Participates in Kreditech
Seit dem vergangenen Herbst steckt das Hamburger Scoring-Startup Kreditech in einer schweren Krise: Die Geschäftsführung berichtete von einer „ernsten finanziellen Situation“, die Bewertung stürzte innerhalb eines Jahres von 230 Millionen Euro ab – auf wenige Millionen, das berichteten Gründerszene und Finanz-Szene.de. Die Altgesellschafter, darunter der bekannte Medienkonzern Naspers und der Finanzinvestor J.C. Flowers, finanzierten Kreditech weiter.
Nun konnte das Startup einen neuen Geldgeber finden: Die Hamburger Varengold Bank hat sich an dem Unternehmen beteiligt, wie aus dem Handelsregister hervorgeht. Sie hat mindestens eine Million Euro in das Unternehmen gesteckt und hält nun 6,36 Prozent der Unternehmensanteile. Kreditech wollte sich kurzfristig nicht zu dem Investment äußern.
https://www.gruenderszene.de/fintech/varengold-bank-kreditech
Gothaer cooperates with financial technology service provider Optiopay
Die Gothaer bietet ihren Kunden durch eine Kooperation mit Optiopay neuerdings die Möglichkeit, im Schadenfall zwischen mehreren Auszahlungsvarianten zu wählen: Eine direkte Überweisung der Schadenzahlung, der Erhalt eines höherwertigen Einkaufsgutscheins oder eine Kombination beider Auszahlungsoptionen stehen zur Wahl.
http://www.asscompact.de/nachrichten/gothaer-kooperiert-mit-finanztechnologiedienstleister-optiopay
Hanseatic Bank implements fully digital credit card application process
Nach dem Launch der neuen Banking App im Oktober baut die Hanseatic Bank ihre digitalen Services weiter aus. Ab sofort können Kunden ihren Kreditkartenantrag für die GenialCard und GoldCard automatisch ausfüllen lassen. Im Anschluss wird der Antrag schnell, bequem und volldigital über eine Videolegitimation und mit einer qualifizierten elektronischen Signatur abgeschlossen. Kooperationen mit WebID und Verimi machen es möglich.
https://www.hanseaticbank.de/services/presse/pressemitteilungen2/volldigitale-antragsstrecke
MedTech Pitch Day 2019
On 20th February 2019, the High-Tech Gründerfonds, the B.Braun Foundation, Philips, Techniker Krankenkasse and Dräger will host a “MedTech Pitch Day”. The event will take place at Health Innovation Port, Hamburg. Startups will have the opportunity to present their MedTech and Digital Health business idea to interested investors, to take part in a preceding workshop on the essentials of reimbursement through the healthcare system and hear an exciting keynote speech. Interested startups should now apply at pitchday@htgf.de until 31st January 2019! For any inquiries regarding the pitch day please contact pitchday@htgf.de – Dr. Anke Cassing or Ulrike Kalapis!
https://high-tech-gruenderfonds.de/en/events/medtech-pitch-day-2019/
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