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French investment app Shares relies on Berlin-based fintech Upvest
The current funding slump is a difficult situation for local fintechs. The reluctance of investors and financiers makes it difficult for them to drive innovation, growth and collaborations. The Berlin-based company Upvest is defying this trend and last year not only reported an investment of 42 million euros, but since the beginning of this year…
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Wind of change? Is the turnaround for fintechs imminent?
The world-famous song “Wind of Change” by the band Scorpions intoned the end of the Cold War in 1990 and gave us all the feeling of a “turn for the better” with our Russian neighbors. Since February 24, we have been abruptly taught otherwise, and since April 27, we have known officially through our Chancellor…
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Berlin-based fintech Nelly raises €4 million in seed round
Nelly is a Berlin-based fintech that positions itself as a “signature & billing tool for medical practices.” The software can be used to digitize documents, signatures and payments in practices. Now the company announces a seed round of 4 million euros. Among the investors are well-known investors. The start-up’s software solution enables medical professionals to…
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Tax app Taxfix becomes a unicorn after completing Series D
Taxfix, Europe’s leading mobile tax app, today announced a new $220 million Series D funding round. This elevates the Berlin-based financial company, with a total valuation of over one billion dollars, to Unicorn status. This sum would make it the largest transaction in the German start-up market so far this year. The company’s valuation rises…
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Embedded finance fintech Banxware raises 10 million euros
Embedded finance is undoubtedly one of the hypes of the past year. In Germany, the fintech Banxware, founded in 2020, is one of the first to significantly shape and advance the topic in Germany. Now the company has raised €10 million in a seed expansion round led by Element Ventures. D4 Ventures, FinVC and Varengold…
