Tags Germany

Tag: Germany

Smava scoops up $34m for online loans marketplace

Berlin-based lending marketplace Smava has raised $34m in a Series C round of funding. The investment was led by Runa Capital.

BigchainDB pulls in €3m for blockchain database

Scalable blockchain database BigchainDB has raised €3m in a Series A investment. The round comes from Earlybird Venture Capital, Anthemis Group, Digital Currency Group and innogy SE.

Allianz hires new CEO for InsurTech unit

German insurance giant Allianz has hired a new CEO for its InsurTech incubator Allianz X. Peter Borchers will join the firm from Deutsche Telekom, where he founded the company’s hub:raum incubator.

Payworks swipes $4.5m for payments processing

Payments processing firm Payworks has raised $4.5m in a Series A round of funding from Rumford and HW Capital. Existing backer Speedinvest also join the round.

Ginmon gains Passion Capital backing for robo-advisor

Ginmon, a Frankfurt-based robo-advisor, has raised a new round of funding led by London VC Passion Capital. The size of the round is undisclosed.

FinTech startup Cookies brings P2P payments to Germany

Cookies is launching a peer-to-peer payments solution in Germany where most people still rely on traditional banking.

HeavenHR swipes $6.7m to continue European expansion

HR, payroll and employee benefits platform HeavanHR has raised €6m ($6.7m) in a Series A round of funding.

FinTecSystems swipes Series A round for real-time data

FinTecSystems, a Munich-based provider of real-time financial data, has closed a Series A round.

Holvi teams up with SumUp to serve German SMEs

Finish banking service Holvi is partnering with mobile point-of-sale (mPOS) solution SumUp to serve small businesses in Germany.

German challenger bank Fidor acquired by France’s BPCE

German online bank Fidor Bank has been acquired by Groupe BPCE, Frances second-largest banking group. The price of the deal is undisclosed.
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