News

Newsletter 24 June 2019

European FinTech Zeitgeist: FinTech Forum @Money2020 Europe

Now in the fourth year of our media partnership, FinTech Forum was at Money2020 Europe, 3-5 June in Amsterdam and talked to some of the participants to get a pulse of European FinTech.  Whether digital banking (Georg Ludviksson, Meniga), open banking (Dmitrii Barbasura, Salt Edge), developer portals (Steve Kirsch, Token), payments innovation (Jesper Poulsen, Nets), the intersection of digital health with financial services (Kim Oreskovic, Antler) or corporate payment processing (Mike Walter, Form3), we have you covered!

http://www.fintechforum.de/fintech-forum-money2020-europe-amsterdam-2019/

11th FinTech Forum announces the first set of investors on stage

With our flagship annual event just over five months away, we are pleased to announce the first set of investors. Welcome Giesecke+Devrient Ventures, SeedX Lichtenstein and Capnamic Ventures as guest speakers covering European FinTech trends at The Airport Club, Frankfurt on 21st Nov. 2019. Startups: apply to pitch via contact@fintechforum.de or drop a line via LinkedIn to Frank Schwab or me. Investors/ corporates may register directly: https://ftf11.eventbrite.com/

Platform for real estate investments: Exporo wins new major investor

Exporo, die führende digitale Immobilienplattform in Deutschland, hat sich in einer Finanzierungsrunde nach Informationen des Handelsblatts 43 Millionen Euro gesichert.

https://www.handelsblatt.com/finanzen/immobilien/43-millionen-euro-plattform-fuer-immobilieninvestitionen-exporo-gewinnt-neuen-hauptinvestor/24453738.html

Julius Dargis of ViaCorex on transforming procurement for European SMEs

1. Please tell us a bit about yourself, both at work and leisure. Hi, I’m Julius. I live in Lithuania. Nowadays our country experiences Fintech boom and I am happy to be in the thick of things.  

I started my career as a salesperson in Ford dealership. My next position was a corporate buyer and a sales manager for international markets in a transport company. This experience helps me to understand both sides of supplier-buyer co-operation and speak with my clients in their language.

http://www.fintechforum.de/7-questions-with-julius-dargis-viacorex/

Estonian-founded equity trading platform Funderbeam raises €4 million in Series A funding

Founded in 2013, Funderbeam has now raised €4 million in Series A funding, led by UK-based Accelerated Digital Ventures (ADV). The round includes new investors such as GK-Plug and Play Indonesia, Pandan Ventures, with existing investors including Draper Associates, Draper Venture Partners, IQ Capital, and Mistletoe also taking part.

https://www.eu-startups.com/2019/06/estonian-founded-equity-trading-platform-funderbeam-raises-e4-million-in-series-a-funding/

PayU Acquires iyzico, for $165M

PayU, the fintech and e-payments division of Naspers, acquired iyzico, a Turkey-based digital payments provider, in a deal worth $165m.

http://www.finsmes.com/2019/06/payu-acquires-iyzico-for-165m.html

Bank Frick Acquires Majority of Tradico

Bank Frick acquired a majority holding in Tradico, a Liechtenstein based trade-finance startup.

The amount of the deal was not disclosed. Led by Manuel Hehle, CEO and co-founder, Tradico provides companies with trade financing of purchases and sales of tradable goods to be arranged without turning to a bank.

http://www.finsmes.com/2019/06/bank-frick-acquires-majority-of-tradico.html

Apple Pay comes to the DKB

Das Warten soll ein Ende haben: Kunden der Deutschen Kreditbank (DKB) können seit heute Apple Pay mit ihren Visa-Karten verwenden, wie das Unternehmen mitteilt.

https://www.heise.de/mac-and-i/meldung/Apple-Pay-kommt-zur-DKB-4448901.html

creditshelf cooperates with finleap and plans to acquire Valendo GmbH

Die creditshelf Aktiengesellschaft ist im Bereich der digitalen Mittelstandsfinanzierung in Deutschland tätig. Mit dem heutigen Abschluss einer rechtlich nicht bindenden Absichtserklärung legt sie den Grundstein für eine Kooperation mit finleap. creditshelf plant die Akquisition der Valendo GmbH, einem Spezialisten im Bereich der technologiegestützten besicherten Finanzierung für kleine und mittlere Unternehmen (KMUs) aus dem Portfolio von finleap. https://www.it-finanzmagazin.de/creditshelf-kooperiert-mit-finleap-und-plant-akquisition-der-valendo-gmbh-90871/

Volksbank suspended payments to N26 and Co.

Wegen zunehmender Betrugsfälle sperren einige Genossenschaftsbanken den Zahlungsverkehr mit Direktbanken wie N26 oder Fidor. Die Banken wollen so gegen betrügerische Überweisungen vorgehen.

https://www.spiegel.de/wirtschaft/unternehmen/n26-und-co-volksbank-setzt-zahlungen-nach-betrugsfaellen-aus-a-1272670.html

Calling for Cybersecurity startups: apply by 15th July!

At SixThirty CYBER, we do more than just invest in the most innovative and promising solutions in cybersecurity. We believe that revenue is the best form of capital for a startup so, through our Go-To-Market Program, we work hard to make sure that our portfolio companies are in a better position to grow revenue through mentorship and connections.

https://sixthirtycyber.com

Upcoming Events:

Looking to connect to the European FinTech & InsurTech ecosystem? Here is a selection of events we are speaking at or attending:

Digital Insurance Agenda: 25-27 Jun. 2019, Amsterdam 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/