Pleo, the multi-card business spending platform, closes $56M Series B
Pleo, the Danish fintech that offers a “business spending platform” that lets companies easily issue employees with cards and manage expenditure, has raised a hefty $56 million in Series B funding.
Leading the round is Stripes, the New York-based growth fund, with participation from existing investors, Kinnevik, Creandum and Founders.
https://techcrunch.com/2019/05/14/pleo-series-b/
Six-digit investment for Bielefeld Fintech coindex
Priority-Gründer Oliver Flaskämper investiert eine sechsstellige Summe in das Bielefelder Startup coindex, das früher als coinsafe bekannt war. Die Jungfirma positioniert sich als “Deutschlands erster digitaler Vermögensmanager für Kryptowährungen”. Geführt wird das Startup von Kai H. Kuljurgis, Gründer von skill-fisher. Kreditech-Mitgründer Sebastian Diemer ist weiter mit einem Mini-Anteil bei coindex an Bord.
https://www.deutsche-startups.de/2019/05/07/dealmonitor-07-05-2019/
The biggest #FinTech players are at Money2020 Europe this June!
Hear from the industry heavyweights at this year’s #M2020EU in Amsterdam. Find out who’s coming to #M2020EU and save an extra €200 using the code for FinTech Forum community members M19FIFOR. Don’t miss out!
7 Questions with Stephanie Brennan, Evarvest
1. Please tell us a bit about yourself, both at work and leisure.
Hi, I’m Steph, and I’m originally from Sydney, Australia and now I live in Vilnius, Lithuania, to bring commission free trading to Europe. I’m the founder and CEO of Evarvest, and I’m passionate about investing and changing the way the world invests. I love to travel; I think travel gives you great depth and insight into yourself but also where the world is going from a micro and macro perspective. I also think it gives you a greater understanding and appreciation for other cultures. Coming from multicultural Australia, I also love experiencing different foods and seeing the cultural influences, both past and present, in local architecture.
http://www.fintechforum.de/7-questions-with-stephanie-brennan-evarvest/
Scottish fintech startup The ID Co raises $2 million to help ease the onboarding process
Edinburgh, Scotland-based The ID Co has received $2 million in seed funding from Amadeus Capital Partners, SixThirty and other investors.
The startup basically helps businesses in the financial space, e.g. lenders, to onboard their customers by removing friction caused during the application process by the current challenges of risk, compliance, fraud, and regulation.
CAPTIQ completes financing round
Das Frankfurter Fintech-Start-up CAPTIQ hat seine erste Finanzierungsrunde erfolgreich abgeschlossen. Insgesamt 15 Business Angels und professionelle Beteiligungsgesellschaften – mehrheitlich aus dem Finanzsektor – haben dem Unternehmen ein Startkapital von über einer halben Million Euro zur Verfügung gestellt. Somit hat sich CAPTIQ die finanziellen Mittel gesichert, um Mitte des Jahres die erste digitale Finanzierungsplattform für Kammerberufe (Ärzte, Apotheker, Juristen, etc.) zu starten.
Wirepas raises 14.4 million euros to capitalize the market momentum for Massive IoT
ETF Partners, Inventure, KPN Ventures, TESI (Finnish Industry Investment) and Vito Ventures have invested €14.4 million in Wirepas, a Finnish software company that has built a wireless connectivity platform solving the major challenges of the Industrial Internet of Things (IIoT) and enabling broad adoption of Massive IoT. The additional funding, including the participation of existing investors, takes the total investment in Wirepas to €22 million.
Raisin partners with Italy’s new challenger bank illimity
illimity, the new paradigm banking start-up listed on Borsa Italiana’s MTA exchange, announces a partnership with Raisin, the leading pan-European marketplace for online savings and investments in Europe.
Thanks to this partnership, illimity’s deposit accounts will also be available on Raisin’s open banking platform, a marketplace that allows the savers of 31 European countries to access deposit products from across the continent and select the offers that best suit their needs. More specifically, illimity will offer term deposit accounts through various channels including WeltSparen, Raisin’s proprietary deposit portal.
https://www.raisin.com/press/illimity-raisin-partnership/
“Bankenschreck” Robo cracks 100-million-euro mark
er Robo “Weltinvest” hat nach eigenen Angaben rund 15 Monate nach sdem Start im März 2018 die Marke von 100 Millionen Euro an investiertem Vermögen geknackt. Damit ist der digitale Asset Manager des britischen Fintechs Raisin – hierzulande besser bekannt unter dem Markennamen Weltsparen – einer von wenigen, der ein neunstelliges verwaltetes Vermögen vorweisen kann. Zu den anderen Robos mit gleichen oder noch höheren Summen zählen Marktführer Scalable, der mehr als eine Milliarde Euro verwaltet, Cominvest (400 Mio. Euro), Liqid (300 Mio. Euro) und der Quirin-Bank-Ableger Quirion (160 Mio. Euro)
Fintech Bank N26 gets a German boss for the first time
Eine kleine, aber nicht uninteressante Nachricht von N26: Nach „Finanz-Szene.de“-Informationen (aber nicht exklusiv, in der FAZ steht’s auch …) steigt Georg Hauer, bislang Österreich-Chef der Berliner Neobank, zusätzlich zu deren Deutschland-Chef auf.
Upcoming Events:
Looking to connect to the European FinTech & InsurTech ecosystem? Here is a selection of events we are speaking at or attending:
InsurTech Week Cologne: 20-24 May 2019, Cologne http://insurtech-cologne.de/#veranstaltungen
ICT Spring, Luxembourg: 21-22 Mayhttps://www.ictspring.com
Money2020 Europe: 3-5 Jun. 2019, Amsterdam https://goo.gl/BuC5TC
Digital Insurance Agenda: 25-27 Jun. 2019 http://www.digitalinsuranceagenda.com/dia-amsterdam-2019/
FinTech Forum partners:
www.advinda.com
www.be-tse.de/en/
www.boersen-zeitung.de/
www.eschborn.de
www.heussen-law.de
www.innovationhub.innogy.com
www.investhk.gov.hk/
www.miles-and-more.com
www.dvfa.de/