Tag: Germany

TrueLayer, an API developer for financial institutions, has raised $7.5m to expand across Europe.

Kudelski’s group cybersecurity division has expanded its Swiss German team and opened a new Zurich office following GDPR.

Digital Shadows has expanded its digital risk management and threat intelligence solutions in Germany and into Singapore.

German banking platform solarisBank AG has bagged €56.6m in its Series B funding round.

Kobil Systems, a Germany-headquartered IT security company, has unveiled a new security solution that complies with the new Payment Services Directive 2 (PSD2).

AxiomSL, a provider of regulatory reporting and risk management solutions, has formed a strategic partnership with German technical and regulatory support provider GridCon.

German banks will have to cover the €1bn of costs needed to set up the technical infrastructure required for MiFID II according to The Association of German Banks.

German InsurTech startup Getsurance has picked up €2m in a Seed round of funding. The investment comes from Rocket Internet founder Alexander Samwer’s Picus Capital, Postfinance Bank and IBB.

Troubled German banking giant Deutsche Bank is making an investment in the FinTech space and taking a 12.5% stake in trade receivables marketplace TrustBills.

The Naga Group, the company behind social trading app SwipeStox, has picked up €12.5m in a Series A round from Chinese investment fund Fosun.